Gold Torrent, Inc.
Communication Services · Communications Services, NEC · NV · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | |
|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — |
| Operating income | −$2.0M | −$1.3M | — | — | — | — |
| Net income | −$1.9M | −$1.3M | −$176,760 | −$131,136 | −$96,202 | −$63,259 |
| Total assets | $2.1M | $403,563 | $201,287 | $37,756 | $4,921 | $40 |
| Total liabilities | $2.8M | $600,162 | $443,094 | $504,011 | $375,040 | $273,957 |
| Equity | −$688,270 | −$196,599 | −$241,807 | −$466,255 | −$370,119 | −$273,917 |
| EPS (diluted) | — | — | — | — | — | — |
| Shares out. | 18.2M | 12.8M | 7.3M | 4.6M | 22.9M | 22.9M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2017- Operating margin
- —
- Net margin
- —
- Return on equity
- 282.8%
- Return on assets
- −90.8%
- Return on capital (ROCE)
- −153.4%
- Liabilities / assets
- 132.1%
- Debt / equity
- —
- Book value / share
- $-0.04
- Revenue growth (YoY)
- —
- 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 · FY2017- Altman Z″ (distress)
- -9.86distress
- Accruals / assets
- −3.1%clean
- Piotroski F-Score
- 4/7mixed
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 ScoreOur 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
● 3 severe● 2 warning● 2 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Strong return on equity (>15%)
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Qmissed a reporting deadline ↗Aug 16, 2016
- NT 10-Kmissed a reporting deadline ↗Jun 30, 2016
- NT 10-Qmissed a reporting deadline ↗Aug 14, 2015
- NT 10-Kmissed a reporting deadline ↗Jun 30, 2015
- NT 10-Qmissed a reporting deadline ↗Nov 17, 2014
- NT 10-Qmissed a reporting deadline ↗Nov 14, 2013
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Hart Ryan EricOfficer — President | Oct 16, 2017 | Sell | 314,125 | $0.50 |
| Steven Francis McgrathDirector | Apr 7, 2017 | Grant | 50,000 | $0.50 |
| Hart Ryan EricOfficer — President | Apr 7, 2017 | Grant | 700,000 | $0.50 |
| Eiguren Roy LewisDirector | Apr 7, 2017 | Grant | 50,000 | $0.50 |
| Kunz Daniel JOfficer — CEO | Apr 7, 2017 | Grant | 1.4M | $0.50 |
| Kunz Alexander GregoryOfficer — CFO | Apr 7, 2017 | Grant | 250,000 | $0.50 |
| Kunz Daniel JDirector | Jun 23, 2015 | Buy | 800,000 | $0.25 |
| Steven Francis McgrathDirector | Feb 26, 2014 | Buy | 8,000 | $1.25 |
| Kunz Daniel JDirector | Feb 26, 2014 | Buy | 20,000 | $1.25 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Material events
SEC Form 8-K · most recent- Entered a material agreement · Completed an acquisition or disposition · Debt acceleration / triggering event · Modified shareholder rights · Director / officer changeJul 13, 2018
- Modified shareholder rights · Change in control · Director / officer change · Other material eventMar 7, 2018
- Shareholder vote · Other material eventFeb 22, 2018
- Prior financials not reliable (restatement)Jan 10, 2018
- Entered a material agreement · Unregistered equity saleOct 24, 2017
- Entered a material agreementOct 20, 2017
- Entered a material agreementAug 30, 2017
- Entered a material agreementAug 10, 2017
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 (1)
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