Houghton Mifflin Harcourt Co
Communication Services · Books: Publishing or Publishing & Printing · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | |
|---|---|---|---|---|---|---|
| Revenue | $146.2M | $151.8M | $1.21B | $1.32B | $1.33B | $1.29B |
| Operating income | −$37.3M | −$338.0M | −$168.9M | −$90.5M | −$135.1M | −$322.7M |
| Net income | −$52.0M | −$346.0M | −$213.8M | −$94.2M | −$103.2M | −$284.6M |
| Total assets | $1.97B | $2.02B | $2.51B | $2.50B | $2.56B | $2.73B |
| Total liabilities | $1.64B | $1.93B | $1.95B | $1.73B | $1.77B | $1.85B |
| Equity | $330.4M | $90.5M | $566.4M | $768.5M | $795.2M | $880.0M |
| EPS (diluted) | $-0.41 | $-3.82 | $-1.72 | $-0.82 | $-0.98 | $-1.34 |
| Shares out. | 126.1M | 124.5M | 123.7M | 123.4M | 123.1M | 123.5M |
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
- −25.5%
- Net margin
- −35.6%
- Return on equity
- −15.7%
- Return on assets
- −2.6%
- Return on capital (ROCE)
- −2.6%
- Liabilities / assets
- 83.3%
- Debt / equity
- 4.97×
- Book value / share
- $2.62
- Revenue growth (YoY)
- −3.7%
- 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 · FY2021- Altman Z″ (distress)
- -5.88distress
- Accruals / assets
- −16.2%clean
- Piotroski F-Score
- 6/9mixed
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 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- Altman Z″ in the distress zone
- 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.
Material events
SEC Form 8-K · most recent- Terminated a material agreement · Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylaws · Regulation FD disclosureApr 7, 2022
- Entered a material agreementMar 23, 2022
- Other material eventMar 7, 2022
- Results of operationsFeb 24, 2022
- Entered a material agreement · Regulation FD disclosureFeb 22, 2022
- Results of operationsNov 4, 2021
- Results of operationsAug 5, 2021
- Director / officer change · Shareholder voteMay 19, 2021
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 ↗- SC 13G/ASEC SCHEDULE 13GFeb 14, 2023
- SC 13GFeb 10, 2023
- 15-12BApr 21, 2022
- SC 13GApr 18, 2022
- EFFECTApr 14, 2022
- POS AMApr 12, 2022
- S-8 POSApr 12, 2022
- S-8 POSApr 12, 2022
- S-8 POSApr 12, 2022
- 4FORM 4 SUBMISSIONApr 11, 2022
- 4FORM 4 SUBMISSIONApr 11, 2022
- 4FORM 4 SUBMISSIONApr 11, 2022
- 4FORM 4 SUBMISSIONApr 11, 2022
- 4FORM 4 SUBMISSIONApr 11, 2022
- 4FORM 4 SUBMISSIONApr 11, 2022
Event-driven situations (1)
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