Event-Driven Stocks

Kindred Biosciences, Inc.

Healthcare · Pharmaceutical Preparations · DE · SEC filings ↗ · Compare ⊕

Signs3 good4 warning1 severedetails ↓

Financials

SEC XBRL · annual
 FY20FY19FY18FY17FY16FY15
Revenue$42.2M$4.3M$2.0M$0$0
Operating income−$20.0M−$62.6M−$51.3M−$31.7M−$22.8M−$27.3M
Net income−$21.8M−$61.4M−$49.7M−$30.9M−$22.5M−$27.1M
Total assets$95.8M$114.0M$106.5M$90.8M$61.6M$79.6M
Total liabilities$28.3M$32.1M$15.3M$6.1M$3.9M$3.2M
Equity$67.5M$81.9M$91.2M$84.7M$57.7M$76.4M
EPS (diluted)
Shares out.39.3M38.9M28.2M22.1M19.8M19.7M

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

Key ratios

from filings · FY2020
Operating margin
−47.4%
Net margin
−51.7%
Return on equity
−32.3%
Return on assets
−22.7%
Return on capital (ROCE)
−22.5%
Liabilities / assets
29.6%
Debt / equity
0.42×
Book value / share
$1.72
Revenue growth (YoY)
890.7%
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 · FY2020
Altman Z″ (distress)
-3.42distress
Accruals / assets
12.5%clean
Beneish M-Score
4.18elevated
Piotroski F-Score
5/9mixed

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 Score
62
/ 100
Profitability 0Growth 100Catalyst 67Earnings quality 67Financial strength 75

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

1 severe4 warning3 good
  • Altman Z″ in the distress zone
  • Operating losses (negative operating margin)
  • Reported a net loss
  • Negative operating cash flow
  • Beneish M-Score elevated — earnings-manipulation screen flag
  • Revenue is growing year-over-year
  • Conservative leverage (liabilities < 50% of assets)
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Insider transactions

SEC Form 4 · most recent
1 acquisitions6 disposals1 open-market buy(s)net +37.5M shares · last 7
InsiderDateTypeSharesPrice
Park West Asset Management Llc10% ownerAug 27, 2021J6.0M
Chin RichardOfficer — Chief Executive OfficerAug 27, 2021D1.7M$9.25
Wee WendyOfficer — Chief Financial OfficerAug 27, 2021D78,613$9.25
Bevers DeniseDirectorAug 27, 2021D145,835$9.25
Zhan HangjunOfficer — Chief Scientific OfficerAug 27, 2021D64,306$9.25
Townsend RaymondDirectorAug 27, 2021D24,928$9.25
Elanco Animal Health Inc10% ownerAug 27, 2021Buy45.5M$9.25

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

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)

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