Sable Natural Resources Corp
Energy · Crude Petroleum & Natural Gas · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY14 | FY13 | FY12 | FY11 | FY10 | |
|---|---|---|---|---|---|
| Revenue | $911,855 | $930,158 | $6.0M | $85.3M | $7.9M |
| Operating income | −$4.4M | −$2.7M | $4.3M | −$2.7M | −$3.9M |
| Net income | −$4.6M | −$2.7M | −$5.1M | $16.8M | −$19.7M |
| Total assets | $18.6M | $4.4M | $9.7M | $81.9M | $81.9M |
| Total liabilities | $18.6M | $1.0M | $1.7M | $66.7M | $84.2M |
| Equity | −$3.7M | −$395,058 | $2.2M | $15.2M | −$2.2M |
| EPS (diluted) | $-0.15 | $-0.10 | $-0.20 | $0.23 | $-0.98 |
| Shares out. | 34.9M | 26.7M | 27.5M | 27.5M | 26.2M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2014- Operating margin
- −483.5%
- Net margin
- −507.7%
- Return on equity
- 125.7%
- Return on assets
- −24.9%
- Return on capital (ROCE)
- −28.1%
- Liabilities / assets
- 99.8%
- Debt / equity
- —
- Book value / share
- $-0.11
- Revenue growth (YoY)
- −2.0%
- 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 · FY2014- Altman Z″ (distress)
- -6.84distress
- Accruals / assets
- −14.7%clean
- Piotroski F-Score
- 2/9weak
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 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
● 3 severe● 5 warning● 2 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- Revenue declined year-over-year
- 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 ↗May 15, 2015
- NT 10-Kmissed a reporting deadline ↗Mar 28, 2014
- NT 10-Kmissed a reporting deadline ↗Mar 30, 2012
- NT 10-Qmissed a reporting deadline ↗Nov 14, 2011
- NT 10-Kmissed a reporting deadline ↗Apr 1, 2011
- NT 10-Qmissed a reporting deadline ↗Aug 17, 2010
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 |
|---|---|---|---|---|
| Rich Jonathan CDirector | Mar 22, 2013 | Grant | 5,000 | $0.00 |
| Galvis Michael KOfficer — President & CEO | Mar 22, 2013 | Grant | 15,000 | $0.00 |
| Sinclair Bryan AOfficer — V.P & Chief Financial Officer | Mar 22, 2013 | Grant | 75,000 | $0.00 |
| Brehmer William GDirector | Mar 22, 2013 | Grant | 10,000 | $0.00 |
| Galvis Michael KOfficer — President and CEO | May 10, 2011 | D | 33,333 | $0.00 |
| Sinclair Bryan AOfficer — VP/CFO | Jun 27, 2012 | Grant | 75,000 | $0.00 |
| Rich Jonathan CDirector | Jul 29, 2011 | Option exercise | 10,140 | $1.00 |
| Galvis Michael KOfficer — President and CEO | Nov 23, 2010 | J | 1.0M | $0.00 |
| Conte KennethOfficer — Vice President and CFO | Jul 9, 2010 | Grant | 100,000 | $0.00 |
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- Bankruptcy or receivershipSep 3, 2015
- Director / officer changeAug 10, 2015
- Director / officer changeJun 12, 2015
- Completed an acquisition or dispositionJan 22, 2015
- Amended charter or bylawsJan 16, 2015
- Entered a material agreement · Completed an acquisition or disposition · New financial obligation · Unregistered equity saleOct 21, 2014
- Unregistered equity sale · Director / officer changeJun 24, 2014
- Director / officer changeMay 6, 2014
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 ↗Corporate family
Spun off from NYTEX Energy · Nov 12, 2009
Spin-offs from Sable Natural Resources Corp (1)
- Sable Natural Resources CorpcompletedNov 12, 2009details
From the spin-off filings we track. Follow a company to walk its own history.
Event-driven situations (2)
Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.