Event-Driven Stocks

Asterias Biotherapeutics, Inc.

Healthcare · Biological Products, (No Diagnostic Substances) · DE · SEC filings ↗ · Compare ⊕

Signs2 good4 warning1 severedetails ↓

Financials

SEC XBRL · annual
 FY17FY16FY15FY14FY13FY12
Revenue$4.0M$7.0M$3.6M$1.2M$0$0
Operating income−$6.3M−$11.2M−$21.9M−$17.5M−$25.7M−$758,563
Net income−$28.4M−$35.5M−$15.0M−$10.1M−$22.4M−$758,893
Total assets$43.1M$61.0M$57.2M$44.1M$80.4M$4,011
Total liabilities$9.5M$19.0M$12.1M$11.5M$26.6M$761,164
Equity$33.5M$42.0M$45.1M$32.6M$53.8M−$757,000
EPS (diluted)
Shares out.30.9M

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

Key ratios

from filings · FY2017
Operating margin
−155.5%
Net margin
−701.9%
Return on equity
−84.6%
Return on assets
−65.8%
Return on capital (ROCE)
−15.9%
Liabilities / assets
22.2%
Debt / equity
0.28×
Book value / share
Revenue growth (YoY)
−41.9%
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 · FY2017
Altman Z″ (distress)
-2.85distress
Accruals / assets
9.1%clean
Piotroski F-Score
4/8mixed

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
35
/ 100
Profitability 0Growth 0Catalyst 33Earnings 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 warning2 good
  • Altman Z″ in the distress zone
  • Operating losses (negative operating margin)
  • Reported a net loss
  • Revenue declined year-over-year
  • Negative operating cash flow
  • 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.

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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