NGEN TECHNOLOGIES HOLDINGS CORP.
Consumer Staples · Canned, Frozen & Preservd Fruit, Veg & Food Specialties · NV · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | |
|---|---|---|---|---|---|---|
| Revenue | — | $48,900 | $0 | $62,132 | — | — |
| Operating income | −$858,697 | −$1.3M | −$285,367 | −$396,244 | −$436,404 | −$167,877 |
| Net income | −$1.0M | −$1.5M | −$318,436 | −$534,515 | −$383,969 | −$77,171 |
| Total assets | $17,978 | $67,353 | $1,804 | $40,801 | $244,958 | $57,184 |
| Total liabilities | $749,961 | $1.1M | $567,169 | $407,500 | $512,076 | $217,978 |
| Equity | −$731,983 | −$1.0M | −$565,365 | −$366,698 | −$267,118 | −$88,583 |
| EPS (diluted) | — | — | — | — | — | — |
| Shares out. | 21.1M | 1.9M | 2.03B | 107.7M | 93.4M | 0 |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2018- Operating margin
- —
- Net margin
- —
- Return on equity
- 139.5%
- Return on assets
- −5679.9%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 4171.5%
- Debt / equity
- —
- Book value / share
- $-0.03
- 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 · FY2018- Altman Z″ (distress)
- -1293.92distress
- Accruals / assets
- −3541.9%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.
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 14, 2019
- NT 10-Kmissed a reporting deadline ↗Dec 28, 2018
- NT 10-Qmissed a reporting deadline ↗Aug 14, 2018
- NT 10-Kmissed a reporting deadline ↗Dec 28, 2017
- NT 10-Qmissed a reporting deadline ↗Feb 14, 2017
- NT 10-Kmissed a reporting deadline ↗Dec 28, 2016
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- Director / officer changeJul 24, 2020
- Changed auditor · Prior financials not reliable (restatement)Apr 20, 2020
- Entered a material agreement · New financial obligation · Unregistered equity sale · Director / officer changeApr 6, 2020
- Director / officer changeMar 20, 2020
- Unregistered equity sale · Amended charter or bylawsJan 15, 2020
- Amended charter or bylaws · Other material eventJan 8, 2020
- Changed auditorNov 19, 2019
- Regulation FD disclosureOct 30, 2019
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.