USA Synthetic Fuel Corp
Utilities · Natural Gas Distribution · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY13 | FY12 | FY11 | FY10 | |
|---|---|---|---|---|
| Revenue | — | — | — | — |
| Operating income | −$18.9M | −$2.0M | −$1.8M | −$7.9M |
| Net income | −$42.8M | −$5.8M | −$2.1M | −$8.1M |
| Total assets | $32.8M | $36.6M | $1,118 | $41 |
| Total liabilities | $53.8M | $32.6M | $2.0M | — |
| Equity | −$20.9M | $4.0M | −$2.0M | −$7.8M |
| EPS (diluted) | — | — | — | — |
| Shares out. | 80.7M | 76.4M | 76.4M | 75.0M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2013- Operating margin
- —
- Net margin
- —
- Return on equity
- 204.9%
- Return on assets
- −130.4%
- Return on capital (ROCE)
- −75.4%
- Liabilities / assets
- 163.7%
- Debt / equity
- —
- Book value / share
- $-0.26
- 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 · FY2013- Altman Z″ (distress)
- -9.97distress
- Accruals / assets
- −98.3%clean
- Piotroski F-Score
- 1/7weak
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● 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 15, 2014
- NT 10-Qmissed a reporting deadline ↗May 16, 2014
- NT 10-Qmissed a reporting deadline ↗Aug 14, 2013
- NT 10-Kmissed a reporting deadline ↗Apr 2, 2013
- NT 10-Kmissed a reporting deadline ↗Apr 2, 2012
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2011
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- Bankruptcy or receivership · Director / officer change · Regulation FD disclosureAug 14, 2015
- Terminated a material agreement · Completed an acquisition or disposition · Costs from exit or disposal · Regulation FD disclosureJun 10, 2015
- Director / officer changeMar 31, 2015
- Entered a material agreement · Bankruptcy or receivership · New financial obligation · Debt acceleration / triggering eventMar 23, 2015
- Director / officer changeMar 16, 2015
- Director / officer changeSep 16, 2014
- Director / officer changeAug 25, 2014
- Shareholder voteMay 28, 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 ↗- REVOKEDApr 12, 2019
- 8-KFORM 8-KAug 14, 2015
- 8-KFORM 8-KJun 10, 2015
- 8-KFORM 8-KMar 31, 2015
- 8-KFORM 8-KMar 23, 2015
- 8-KFORM 8-KMar 16, 2015
- 8-KSep 16, 2014
- 8-KAug 25, 2014
- 10-QFOR THE QUARTERLY PERIOD ENDED JUNE 30, 2014Aug 19, 2014
- NT 10-QAug 15, 2014
- 4PRIMARY DOCUMENTJun 20, 2014
- 4PRIMARY DOCUMENTJun 9, 2014
- 4PRIMARY DOCUMENTJun 9, 2014
- EFFECTJun 2, 2014
- CORRESPMay 29, 2014
Event-driven situations (1)
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