CARDINAL RESOURCES, INC.
Industrials · Refrigeration & Service Industry Machinery · NV · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY14 | FY13 | FY12 | FY11 | FY10 | |
|---|---|---|---|---|---|
| Revenue | $483,501 | $2.0M | $1.3M | — | — |
| Operating income | −$4.4M | −$655,400 | −$132,328 | −$9,609 | −$36,704 |
| Net income | −$5.1M | −$709,876 | −$135,164 | −$10,922 | −$28,720 |
| Total assets | $354,191 | $849,390 | $3,005 | $4,649 | $22,638 |
| Total liabilities | $2.4M | $1.8M | $70,078 | $36,741 | $43,808 |
| Equity | −$2.0M | −$963,787 | −$67,073 | −$32,092 | −$21,170 |
| EPS (diluted) | $-0.06 | $-0.01 | — | — | — |
| Shares out. | 97.3M | 196.9M | 9.8M | 196.9M | — |
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
- −904.7%
- Net margin
- −1049.3%
- Return on equity
- 254.0%
- Return on assets
- −1432.4%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 664.0%
- Debt / equity
- —
- Book value / share
- $-0.02
- Revenue growth (YoY)
- −75.5%
- 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)
- -190.17distress
- Accruals / assets
- −1106.7%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.
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-Kmissed a reporting deadline ↗Mar 31, 2016
- NT 10-Qmissed a reporting deadline ↗Nov 16, 2015
- NT 10-Qmissed a reporting deadline ↗Aug 14, 2015
- NT 10-Qmissed a reporting deadline ↗May 15, 2015
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2015
- NT 10-Qmissed a reporting deadline ↗Nov 14, 2014
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 |
|---|---|---|---|---|
| Jones Kevin ROfficer — Chief Executive Officer | Jun 8, 2016 | Buy | 10,000 | $0.01 |
| Jones Kevin ROfficer — Chief Executive Officer | May 19, 2016 | Buy | 140,000 | $0.02 |
| Jones Kevin ROfficer — Chief Executive Officer | May 10, 2016 | Buy | 305,494 | $0.02 |
| Jones Kevin ROfficer — Chief Executive Officer | Apr 1, 2015 | Buy | 100 | $0.08 |
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- Changed auditorJun 21, 2017
- Debt acceleration / triggering eventFeb 3, 2017
- Other material eventFeb 3, 2017
- Terminated a material agreementDec 15, 2016
- Debt acceleration / triggering eventJun 10, 2016
- Other material eventJun 3, 2016
- Director / officer changeJun 1, 2016
- Entered a material agreementMay 18, 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 ↗- REVOKEDAug 3, 2017
- 8-KJun 21, 2017
- 15-12GFORM 15Jun 21, 2017
- 8-KFeb 3, 2017
- 8-KFeb 3, 2017
- 8-KDec 15, 2016
- 4OWNERSHIP DOCUMENTJun 27, 2016
- 8-KJun 10, 2016
- 8-KJun 3, 2016
- 8-KJun 1, 2016
- 4OWNERSHIP DOCUMENTMay 20, 2016
- 4/AOWNERSHIP DOCUMENTMay 20, 2016
- 8-KMay 18, 2016
- 4OWNERSHIP DOCUMENTMay 13, 2016
- 8-KMay 5, 2016
Event-driven situations (1)
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