Stratex Oil & Gas Holdings, Inc.
Energy · Crude Petroleum & Natural Gas · CO · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY14 | FY13 | FY12 | FY11 | FY10 | |
|---|---|---|---|---|---|
| Revenue | $1.1M | $847,257 | $959,388 | $240,122 | $234,497 |
| Operating income | −$10.9M | −$4.7M | −$6.7M | −$800,165 | — |
| Net income | −$14.0M | −$5.2M | −$7.7M | −$984,559 | −$30,164 |
| Total assets | $28.0M | $3.1M | $2.9M | $3.5M | $40,144 |
| Total liabilities | $25.4M | $2.8M | $1.3M | $1.5M | $154,499 |
| Equity | $2.6M | $227,301 | $1.6M | $2.0M | −$114,355 |
| EPS (diluted) | — | — | — | — | — |
| Shares out. | 47.5M | 44.3M | 44.3M | 1.5M | 1.5M |
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
- −997.5%
- Net margin
- −1278.1%
- Return on equity
- −541.6%
- Return on assets
- −50.0%
- Return on capital (ROCE)
- −47.2%
- Liabilities / assets
- 90.8%
- Debt / equity
- 9.84×
- Book value / share
- $0.05
- Revenue growth (YoY)
- 29.2%
- 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 · FY2014- Altman Z″ (distress)
- -6.33distress
- Accruals / assets
- −30.2%clean
- Piotroski F-Score
- 4/9mixed
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
● 2 severe● 4 warning● 2 good- 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
- 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.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗Apr 1, 2015
- NT 10-Qmissed a reporting deadline ↗Aug 14, 2013
- NT 10-Kmissed a reporting deadline ↗Apr 1, 2013
- NT 10-Qmissed a reporting deadline ↗Nov 15, 2012
- NT 10-Qmissed a reporting deadline ↗Aug 14, 2012
- NT 10-Qmissed a reporting deadline ↗May 15, 2012
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.
Material events
SEC Form 8-K · most recent- Debt acceleration / triggering event · Unregistered equity saleOct 28, 2015
- Debt acceleration / triggering eventOct 14, 2015
- Director / officer changeSep 24, 2015
- Director / officer changeSep 11, 2015
- Other material eventAug 14, 2015
- Prior financials not reliable (restatement)Jul 29, 2015
- Changed auditorMay 11, 2015
- Director / officer changeMay 1, 2015
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 ↗- 15-15DNOTICE OF SUSPENSION OF DUTYNov 13, 2015
- 8-KCURRENT REPORTOct 28, 2015
- 8-KCURRENT REPORTOct 14, 2015
- 8-KCURRENT REPORTSep 24, 2015
- 8-KFORM 8-KSep 11, 2015
- 8-KFORM 8-KAug 14, 2015
- 10-QQUARTERLY REPORTAug 14, 2015
- 10-K/AAMENDMENT NO. 2 TO ANNUAL REPORTAug 14, 2015
- 8-KCURRENT REPORTJul 29, 2015
- 10-K/AAMENDMENT NO. 1 TO ANNUAL REPORTJul 17, 2015
- 10-QQUARTERLY REPORTMay 15, 2015
- 8-KFORM 8-KMay 11, 2015
- 8-KCURRENT REPORTMay 1, 2015
- 8-KCURRENT REPORTApr 24, 2015
- 10-KANNUAL REPORTApr 17, 2015
Event-driven situations (1)
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