XT Energy Group, Inc.
Technology · Motors & Generators · NV · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | |
|---|---|---|---|---|---|---|
| Revenue | $1.7M | $1.2M | $6.8M | $8.7M | $66 | $0 |
| Operating income | $1.3M | −$849,431 | −$4.4M | −$526,711 | $1.8M | −$750,606 |
| Net income | −$1.1M | −$669 | −$321 | −$651 | −$212 | −$681,194 |
| Total assets | $64.4M | $59.0M | $13.4M | $16.8M | $21.3M | $27.3M |
| Total liabilities | $30.2M | $55.6M | $9.4M | $8.3M | $11.8M | $18.5M |
| Equity | $31.8M | $2.6M | $4.0M | $8.5M | $9.5M | $8.9M |
| EPS (diluted) | — | — | — | $0.00 | $0.00 | — |
| Shares out. | 531.0M | 591.0M | 591.0M | 591.0M | 591.0M | 598.0M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2019- Operating margin
- 79.6%
- Net margin
- −64.6%
- Return on equity
- −3.4%
- Return on assets
- −1.7%
- Return on capital (ROCE)
- 3.9%
- Liabilities / assets
- 47.0%
- Debt / equity
- 0.95×
- Book value / share
- $0.06
- Revenue growth (YoY)
- 45.4%
- 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 · FY2019- Altman Z″ (distress)
- 0.63distress
- Accruals / assets
- −9.9%clean
- Piotroski F-Score
- 7/9strong
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. What these scores mean →
Signs
● 2 severe● 1 warning● 5 good- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Reported a net loss
- Operating margin is positive
- Revenue is growing year-over-year
- Conservative leverage (liabilities < 50% of assets)
- 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.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗Oct 30, 2020
- NT 10-Qmissed a reporting deadline ↗Jun 15, 2020
- NT 10-Qmissed a reporting deadline ↗Apr 30, 2020
- NT 10-Kmissed a reporting deadline ↗Oct 1, 2019
- NT 10-Qmissed a reporting deadline ↗Jun 11, 2019
- NT 10-Qmissed a reporting deadline ↗Mar 12, 2019
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 recentMaterial events
SEC Form 8-K · most recent- Director / officer changeAug 9, 2021
- Changed auditorJul 19, 2021
- Director / officer changeJul 9, 2021
- Entered a material agreementJul 8, 2020
- Other material eventJun 15, 2020
- Director / officer changeMar 31, 2020
- Director / officer change · Other material eventMar 11, 2020
- Entered a material agreementJan 7, 2020
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 ↗- REVOKEDFeb 25, 2022
- 8-KFORM 8-KAug 9, 2021
- 8-KCURRENT REPORTJul 19, 2021
- 8-KCURRENT REPORTJul 9, 2021
- NT 10-K12B-25Oct 30, 2020
- 10-QQUARTERLY REPORTJul 17, 2020
- 8-KCURRENT REPORTJul 8, 2020
- 8-KCURRENT REPORTJun 15, 2020
- NT 10-QNOTIFICATION OF LATE FILINGJun 15, 2020
- 10-QQUARTERLY REPORTJun 1, 2020
- NT 10-QNOTIFICATION OF LATE FILINGApr 30, 2020
- 3Apr 29, 2020
- 3Apr 27, 2020
- 8-KCURRENT REPORTMar 31, 2020
- 8-KCURRENT REPORTMar 11, 2020
Event-driven situations (1)
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