Event-Driven Stocks

Change Healthcare Holdings, Inc.

Industrials · Services-Business Services, NEC · DE · SEC filings ↗ · Compare ⊕

Signs3 good2 warningdetails ↓

Financials

SEC XBRL · annual
 FY15FY14FY13FY12FY11
Revenue$1.48B$1.35B$1.24B
Operating income−$7.7M$26.4M$61.0M$76.9M
Net income−$96.1M−$75.9M−$74.5M−$78.3M
Total assets$4.57B$3.84B$3.75B$3.77B$3.83B
Total liabilities
Equity$975.7M$902.1M$968.5M$1.03B$1.10B
EPS (diluted)
Shares out.100100100100100

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

Key ratios

from filings · FY2015
Operating margin
−0.5%
Net margin
−6.5%
Return on equity
−9.8%
Return on assets
−2.1%
Return on capital (ROCE)
−0.2%
Liabilities / assets
Debt / equity
Book value / share
$9756890.00
Revenue growth (YoY)
9.4%
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 · FY2015
Accruals / assets
5.7%clean
Piotroski F-Score
4/8mixed

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
67
/ 100
Profitability 0Growth 100Catalyst 33Earnings quality 100Financial strength 100

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. What these scores mean →

Signs

2 warning3 good
  • Operating losses (negative operating margin)
  • Reported a net loss
  • Revenue is growing year-over-year
  • Positive operating cash flow
  • 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 (2)

Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.