BRIDGEWAY NATIONAL CORP.
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Financials
SEC XBRL · annual| FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | |
|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — |
| Operating income | −$2.1M | −$387,113 | −$185,993 | −$584,743 | −$1.5M | −$1.2M |
| Net income | −$4.1M | $222,839 | −$1.1M | −$1.4M | −$3.3M | −$1.1M |
| Total assets | $803,276 | $88,980 | $0 | $3,464 | $112,492 | $153,681 |
| Total liabilities | $4.4M | $99,064 | $3.1M | $2.0M | $1.3M | $552,233 |
| Equity | −$3.6M | −$10,084 | −$3.1M | −$2.0M | −$1.2M | −$398,552 |
| EPS (diluted) | — | — | — | — | — | — |
| Shares out. | 9.6M | 9.6M | 9.6M | 2.7M | 84.9M | 81.9M |
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
- —
- Net margin
- —
- Return on equity
- 113.3%
- Return on assets
- −513.5%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 553.0%
- Debt / equity
- —
- Book value / share
- $-0.38
- Revenue growth (YoY)
- —
- Net income growth (YoY)
- −1951.0%
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)
- -94.17distress
- Accruals / assets
- −374.5%clean
- Piotroski F-Score
- 2/7weak
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 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● 2 warning● 2 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Strong return on equity (>15%)
- 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 16, 2021
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2021
- NT 10-Kmissed a reporting deadline ↗May 14, 2020
- NT 10-Qmissed a reporting deadline ↗May 15, 2019
- NT 10-Kmissed a reporting deadline ↗Mar 29, 2019
- NT 10-Qmissed a reporting deadline ↗Mar 29, 2019
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.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Garner StewartOfficer — Chief Executive Officer | Feb 21, 2017 | Buy | 1,000 | $100.00 |
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- Entered a material agreementAug 3, 2021
- Entered a material agreementOct 19, 2020
- Other material eventOct 2, 2020
- Entered a material agreementOct 2, 2020
- Director / officer changeSep 28, 2020
- Entered a material agreementSep 28, 2020
- Other material eventMay 14, 2020
- Other material eventMar 30, 2020
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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