Event-Driven Stocks

Sprague Resources LP

Industrials · Wholesale-Petroleum Bulk Stations & Terminals · DE · SEC filings ↗ · Compare ⊕

Signs2 good4 warningdetails ↓

Financials

SEC XBRL · annual
 FY21FY20FY19FY18FY17FY16
Revenue$3.50B$2.34B$3.50B$3.77B$2.85B$2.39B
Operating income−$32.1M$79.6M$77.3M$122.9M$64.2M$39.5M
Net income−$68.9M$33.8M$31.3M$79.8M$29.5M$10.2M
Total assets$1.42B$1.20B$1.28B$1.25B$1.36B$1.01B
Total liabilities$1.48B$1.14B$1.18B$1.11B$1.23B$887.0M
Equity
EPS (diluted)
Shares out.22.9M22.9M22.7M22.7M21.4M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2021
Operating margin
−0.9%
Net margin
−2.0%
Return on equity
Return on assets
−4.9%
Return on capital (ROCE)
−7.4%
Liabilities / assets
104.6%
Debt / equity
Book value / share
Revenue growth (YoY)
49.8%
Net income growth (YoY)
−303.8%

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 · FY2021
Accruals / assets
0.9%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 Score
30
/ 100
Profitability 0Growth 50Catalyst 33Earnings quality 67Financial strength 0

Our 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

4 warning2 good
  • 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.

Material events

SEC Form 8-K · most recent

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 ↗

Event-driven situations (1)