MILLENNIUM HEALTHCARE INC.
Industrials · Wholesale-Medical, Dental & Hospital Equipment & Supplies · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY15 | FY14 | FY13 | |
|---|---|---|---|
| Revenue | $753,391 | $8.3M | $2.0M |
| Operating income | −$23.4M | −$24.3M | −$12.5M |
| Net income | −$40.1M | −$24.4M | −$16.5M |
| Total assets | $552,130 | $7.2M | $2.4M |
| Total liabilities | $35.3M | $9.6M | $7.0M |
| Equity | −$34.7M | −$2.4M | −$4.6M |
| EPS (diluted) | — | — | — |
| Shares out. | 134.8M | 128.8M | 63.2M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2015- Operating margin
- −3112.1%
- Net margin
- −5325.6%
- Return on equity
- 115.6%
- Return on assets
- −7266.8%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 6386.6%
- Debt / equity
- —
- Book value / share
- $-0.26
- Revenue growth (YoY)
- −91.0%
- 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 · FY2015- Altman Z″ (distress)
- -1388.20distress
- Accruals / assets
- −6868.8%clean
- Piotroski F-Score
- 2/9weak
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. What these scores mean →
Signs
● 3 severe● 5 warning● 2 good- Negative shareholder equity
- Altman Z″ in the distress zone
- 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)
- 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 ↗May 16, 2016
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2016
- NT 10-Qmissed a reporting deadline ↗Nov 16, 2015
- NT 10-Qmissed a reporting deadline ↗Aug 17, 2015
- NT 10-Qmissed a reporting deadline ↗May 15, 2015
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2015
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- Amended charter or bylawsApr 8, 2016
- Entered a material agreement · Bankruptcy or receivership · New financial obligationMar 1, 2016
- Director / officer changeOct 2, 2015
- Amended charter or bylawsSep 8, 2015
- Director / officer changeSep 4, 2015
- Director / officer changeJul 8, 2015
- Entered a material agreement · Unregistered equity sale · Director / officer changeJul 2, 2015
- Entered a material agreement · Unregistered equity sale · Amended charter or bylawsMay 6, 2015
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 ↗- REVOKEDFeb 25, 2021
- 10-KFORM 10-KDec 5, 2016
- SC 13GOct 12, 2016
- NT 10-QFORM NT 10-QMay 16, 2016
- DEF 14CApr 22, 2016
- 8-KFORM 8-KApr 8, 2016
- PRE 14CApr 4, 2016
- NT 10-KFORM NT 10-KMar 31, 2016
- 8-KFORM 8-KMar 1, 2016
- 10-Q/AFORM 10-Q/ANov 30, 2015
- DEF 14CNov 25, 2015
- 10-QNov 23, 2015
- NT 10-QNov 16, 2015
- PRE 14CPRELIMINARY INFORMATION STATEMENTOct 14, 2015
- 8-KFORM 8-KOct 2, 2015
Event-driven situations (1)
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