Event-Driven Stocks

Atlas Financial Holdings, Inc.

Financials · Fire, Marine & Casualty Insurance · E9 · SEC filings ↗ · Compare ⊕

Signs● 1 good● 5 warning● 2 severedetails ↓

Financials

SEC XBRL · annual
 FY21FY20FY19FY18FY17FY16
Revenue$4.8M$9.5M$120.6M$191.4M$222.0M$177.6M
Operating income——————
Net income−$5.7M−$12.7M−$20.4M−$80.0M−$38.8M$2.6M
Total assets$48.2M$119.7M$150.9M$470.3M$482.5M$423.6M
Total liabilities$73.7M$140.6M$159.3M$464.6M$391.9M$296.2M
Equity−$25.5M−$20.9M−$8.5M$5.7M$90.6M$127.3M
EPS (diluted)$-0.44$-1.06$-1.71$-6.67$0.40$0.19
Shares out.12.0M12.0M11.9M11.9M12.2M12.0M

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

Key ratios

from filings · FY2021
Operating margin
—
Net margin
−117.2%
Return on equity
22.2%
Return on assets
−11.8%
Return on capital (ROCE)
—
Liabilities / assets
152.9%
Debt / equity
—
Book value / share
$-2.12
Revenue growth (YoY)
−49.3%
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 · FY2021
Accruals / assets
12.4%high accruals
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 Score
13
/ 100
Profitability 33Growth 0Catalyst 33Earnings quality 0Financial 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

● 2 severe● 5 warning● 1 good
  • Negative shareholder equity
  • Filed a late-filing notice (Form NT) — missed an SEC deadline
  • Reported a net loss
  • Revenue declined year-over-year
  • High leverage (liabilities > 70% of assets)
  • Negative operating cash flow
  • High accruals — earnings-quality risk
  • Strong return on equity (>15%)

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

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

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)