Corindus Vascular Robotics, Inc.
Healthcare · Surgical & Medical Instruments & Apparatus · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | |
|---|---|---|---|---|---|---|
| Revenue | $10.8M | $777,000 | $1.1M | $2.7M | $35,973 | $175,787 |
| Operating income | −$10.0M | −$9.8M | −$7.2M | −$27.2M | −$249,909 | −$186,671 |
| Net income | −$10.1M | −$34.1M | −$7.6M | −$28.8M | −$267,479 | −$189,838 |
| Total assets | $33.5M | $24.6M | $13.0M | $47.1M | $4,159 | $53,324 |
| Total liabilities | $19.8M | $7.1M | $8.9M | $11.3M | $375,700 | $167,786 |
| Equity | −$9.2M | $17.5M | $4.1M | $35.8M | −$371,541 | −$114,462 |
| EPS (diluted) | — | — | — | — | — | — |
| Shares out. | 188.8M | 119.0M | 118.9M | 105.9M | 52.0M | 52.0M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2018- Operating margin
- −93.1%
- Net margin
- −93.2%
- Return on equity
- 109.2%
- Return on assets
- −30.0%
- Return on capital (ROCE)
- −40.3%
- Liabilities / assets
- 59.0%
- Debt / equity
- —
- Book value / share
- $-0.05
- Revenue growth (YoY)
- 1287.5%
- 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 · FY2018- Altman Z″ (distress)
- -15.58distress
- Accruals / assets
- 65.6%high accruals
- Piotroski F-Score
- 4/9mixed
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● 4 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
- Negative operating cash flow
- High accruals — earnings-quality risk
- Strong return on equity (>15%)
- Revenue is growing year-over-year
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 ↗May 11, 2018
- NT 10-Kmissed a reporting deadline ↗Mar 19, 2018
- NT 10-Qmissed a reporting deadline ↗Nov 14, 2014
- NT 10-Qmissed a reporting deadline ↗Nov 14, 2013
- NT 10-Qmissed a reporting deadline ↗Aug 14, 2013
- NT 10-Kmissed a reporting deadline ↗Jun 28, 2013
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- Terminated a material agreement · Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylawsOct 29, 2019
- Shareholder vote · Other material eventOct 25, 2019
- Other material eventOct 18, 2019
- Other material eventSep 4, 2019
- Entered a material agreement · Director / officer change · Other material eventAug 8, 2019
- Results of operationsAug 8, 2019
- Shareholder voteMay 8, 2019
- Results of operationsMay 7, 2019
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 ↗- 15-12BNOTICE OF TERMINATIONNov 8, 2019
- EFFECTNov 6, 2019
- EFFECTNov 6, 2019
- EFFECTNov 6, 2019
- EFFECTNov 6, 2019
- EFFECTNov 6, 2019
- AWWITHDRAWAL OF AMENDMENT TO A REGISTRATION STATEMENTNov 1, 2019
- S-8 POSPOST-EFFECTIVE AMENDMENT TO A S-8 REGISTRATION STATEMENTNov 1, 2019
- S-8 POSPOST-EFFECTIVE AMENDMENT TO A S-8 REGISTRATION STATEMENTNov 1, 2019
- S-8 POSPOST-EFFECTIVE AMENDMENT TO A S-8 REGISTRATION STATEMENTNov 1, 2019
- S-8 POSPOST-EFFECTIVE AMENDMENT TO A S-8 REGISTRATION STATEMENTNov 1, 2019
- POS AMPOST-EFFECTIVE AMENDMENTNov 1, 2019
- POS AMPOST-EFFECTIVE AMENDMENTNov 1, 2019
- POS AMPOST-EFFECTIVE AMENDMENTNov 1, 2019
- POS AMPOST-EFFECTIVE AMENDMENTNov 1, 2019