Southcross Energy Partners LLC
Utilities · Natural Gas Transmission · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | |
|---|---|---|---|---|---|---|
| Revenue | $401.6M | $470.2M | $451.3M | $603.8M | $835.2M | $634.7M |
| Operating income | −$452.0M | −$17.9M | −$41.6M | −$2.8M | $1.7M | −$4.3M |
| Net income | −$507.8M | −$67.6M | −$94.9M | −$55.5M | −$1.3M | −$6.4M |
| Total assets | $610.5M | $1.10B | $1.19B | $1.32B | $1.30B | $652.3M |
| Total liabilities | $614.3M | $604.6M | $622.4M | $697.6M | $602.6M | $336.8M |
| Equity | — | — | — | — | — | — |
| EPS (diluted) | — | — | — | $-0.21 | $-0.06 | $-260.00 |
| Shares out. | — | — | 48.5M | 28.4M | — | — |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2018- Operating margin
- −112.5%
- Net margin
- −126.4%
- Return on equity
- —
- Return on assets
- −83.2%
- Return on capital (ROCE)
- −3501.9%
- Liabilities / assets
- 100.6%
- Debt / equity
- —
- Book value / share
- —
- Revenue growth (YoY)
- −14.6%
- 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- Accruals / assets
- −85.7%clean
- Piotroski F-Score
- 3/8weak
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
● 1 severe● 4 warning● 2 good- 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)
- Positive operating cash flow
- 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 15, 2019
- NT 10-Kmissed a reporting deadline ↗Mar 16, 2016
- NT 10-Kmissed a reporting deadline ↗Mar 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- Other material eventSep 20, 2019
- Entered a material agreementSep 17, 2019
- Entered a material agreementSep 6, 2019
- Director / officer changeAug 20, 2019
- Entered a material agreement · New financial obligation · Delisting / listing-standard notice · Regulation FD disclosureApr 10, 2019
- Director / officer changeMar 18, 2019
- Delisting / listing-standard notice · Regulation FD disclosureFeb 28, 2019
- Director / officer changeFeb 6, 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 ↗- DFeb 7, 2020
- 15-12BSep 26, 2019
- 8-KSep 20, 2019
- 8-KSep 17, 2019
- 8-KSep 6, 2019
- 10-QAug 23, 2019
- 8-KAug 20, 2019
- NT 10-QAug 15, 2019
- 4PRIMARY DOCUMENTMay 21, 2019
- 4PRIMARY DOCUMENTMay 21, 2019
- 10-QMay 15, 2019
- 8-KFORM 8-KApr 10, 2019
- 10-KApr 1, 2019
- S-8 POSApr 1, 2019
- S-8 POSApr 1, 2019