AMERICAN REALTY CAPITAL - RETAIL CENTERS OF AMERICA, INC.
Real Estate · Real Estate Investment Trusts · MD · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY15 | FY14 | FY13 | FY12 | FY11 | FY10 | |
|---|---|---|---|---|---|---|
| Revenue | $21.1M | $2.8M | $1.4M | $1.3M | $0 | $0 |
| Operating income | $5.9M | −$8.8M | −$1.8M | −$1.4M | −$313,000 | $0 |
| Net income | $46,000 | −$599,000 | −$1.1M | −$2.2M | −$16,000 | $0 |
| Total assets | $1.29B | $935.8M | $119.9M | $55.7M | $36,000 | $1.2M |
| Total liabilities | $543.7M | $152.7M | $73.1M | $57.0M | $3.8M | — |
| Equity | $743.1M | $783.1M | $46.9M | −$1.3M | −$3.7M | $0 |
| EPS (diluted) | $0.00 | — | — | — | — | — |
| Shares out. | 95.4M | 94.4M | 15.5M | 33,056 | 33,056 | 20,000 |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2015- Operating margin
- 28.2%
- Net margin
- 0.2%
- Return on equity
- 0.0%
- Return on assets
- 0.0%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 42.3%
- Debt / equity
- 0.73×
- Book value / share
- $7.79
- Revenue growth (YoY)
- 653.7%
- 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 · FY2015- Accruals / assets
- −2.3%clean
- Piotroski F-Score
- 6/8mixed
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
● 1 severe● 5 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- 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 ↗Apr 1, 2015
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 |
|---|---|---|---|---|
| Rendell Edward GDirector | Jul 28, 2016 | Grant | 3,000 | $9.00 |
| Michelson Leslie DDirector | Jul 28, 2016 | Grant | 3,000 | $9.00 |
| Rendell Edward GDirector | Jul 13, 2015 | Grant | 3,000 | $9.00 |
| Gong DavidDirector | Jul 13, 2015 | Grant | 3,000 | $9.00 |
| Gong DavidDirector | Sep 23, 2014 | Grant | 1,972 | $9.00 |
| Stanley William GDirector | Sep 23, 2014 | Grant | 1,972 | $9.00 |
| Rendell Edward GDirector | Jun 25, 2014 | Grant | 3,000 | $9.00 |
| Gong DavidDirector | May 28, 2014 | Grant | 806 | $9.00 |
| Stanley William GDirector | May 28, 2014 | Grant | 806 | $9.00 |
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- Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylaws · Other material eventFeb 17, 2017
- Shareholder vote · Regulation FD disclosureFeb 14, 2017
- Regulation FD disclosureDec 6, 2016
- Other material eventOct 24, 2016
- Other material eventSep 20, 2016
- Regulation FD disclosureSep 13, 2016
- Other material eventSep 9, 2016
- Entered a material agreement · Terminated a material agreement · Amended charter or bylaws · Regulation FD disclosure · Other material eventSep 7, 2016
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 ↗- EFFECTMar 2, 2017
- 15-12GFeb 17, 2017
- POS AMFeb 17, 2017
- 8-KFORM 8-KFeb 17, 2017
- 8-KFORM 8-KFeb 14, 2017
- 425Feb 9, 2017
- 425Feb 9, 2017
- SC TO-T/AFINAL AMENDMENTFeb 9, 2017
- 425FORM 8-KFeb 3, 2017
- 425Feb 2, 2017
- 425Feb 2, 2017
- 425Feb 1, 2017
- 425Feb 1, 2017
- SC TO-T/AAMENDMENT NO. 1 TO TENDER OFFER STATEMENTJan 24, 2017
- 425Jan 24, 2017
Event-driven situations (2)
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