Event-Driven Stocks

Clearwire Corp /DE

Communication Services · Communications Services, NEC · DE · SEC filings ↗ · Compare ⊕

Signs2 good4 warning1 severedetails ↓

Financials

SEC XBRL · annual
 FY12FY11FY10FY09FY08
Revenue$322.6M$236.8M$100.8M$243.8M$20.5M
Operating income−$421.9M−$647.4M−$395.0M−$1.14B−$493.1M
Net income−$181.8M−$227.0M−$94.1M−$325.6M−$432.6M
Total assets$7.67B$8.84B$11.04B$11.27B
Total liabilities$5.78B$5.20B$5.17B$3.50B
Equity$812.0M$1.10B$1.32B$1.59B$7.50B
EPS (diluted)$-0.44$-0.93$-0.48$-1.74
Shares out.1.47B1.29B970.8M741.1M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2012
Operating margin
−130.8%
Net margin
−56.4%
Return on equity
−22.4%
Return on assets
−2.4%
Return on capital (ROCE)
−5.8%
Liabilities / assets
75.5%
Debt / equity
7.12×
Book value / share
$0.55
Revenue growth (YoY)
36.2%
Net income growth (YoY)

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2012
Altman Z″ (distress)
-0.72distress
Accruals / assets
3.6%clean
Piotroski F-Score
3/9weak

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
43
/ 100
Profitability 0Growth 100Catalyst 33Earnings quality 33Financial strength 50

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

1 severe4 warning2 good
  • Altman Z″ in the distress zone
  • Operating losses (negative operating margin)
  • Reported a net loss
  • High leverage (liabilities > 70% of assets)
  • Negative operating cash flow
  • Revenue is growing year-over-year
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (3)