PARAGON OFFSHORE PLC
Energy · Drilling Oil & Gas Wells · X0 · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY16 | FY15 | FY14 | FY13 | FY12 | |
|---|---|---|---|---|---|
| Revenue | $265.1M | $430.6M | $1.99B | $1.89B | $1.54B |
| Operating income | $43.5M | $95.7M | −$524.7M | $453.7M | $176.7M |
| Net income | −$5.2M | $61.1M | −$646.7M | $360.3M | $126.2M |
| Total assets | $1.90B | $2.36B | $3.25B | $3.98B | — |
| Total liabilities | $2.74B | $2.87B | $2.76B | $1.98B | — |
| Equity | −$832.8M | −$506.6M | $491.6M | $2.01B | $3.37B |
| EPS (diluted) | — | — | — | — | — |
| Shares out. | 86.6M | 85.5M | 84.8M | — | — |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2016- Operating margin
- 16.4%
- Net margin
- −2.0%
- Return on equity
- 0.6%
- Return on assets
- −0.3%
- Return on capital (ROCE)
- 2.5%
- Liabilities / assets
- 143.7%
- Debt / equity
- —
- Book value / share
- $-9.62
- Revenue growth (YoY)
- −38.4%
- Net income growth (YoY)
- −108.5%
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 · FY2016- Altman Z″ (distress)
- -1.11distress
- Accruals / assets
- −13.6%clean
- Piotroski F-Score
- 3/9weak
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.
Signs
● 2 severe● 3 warning● 3 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Reported a net loss
- Revenue declined year-over-year
- High leverage (liabilities > 70% of assets)
- Operating margin is positive
- 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- Director / officer change · Amended charter or bylaws · Other material eventJul 18, 2017
- Entered a material agreement · Terminated a material agreement · Completed an acquisition or disposition · New financial obligation · Unregistered equity sale · Modified shareholder rights · Regulation FD disclosureJul 18, 2017
- Regulation FD disclosureJul 5, 2017
- Bankruptcy or receivershipJun 8, 2017
- Regulation FD disclosureJun 1, 2017
- Bankruptcy or receivership · Change in control · Other material eventMay 23, 2017
- Bankruptcy or receivership · Change in control · Other material eventMay 17, 2017
- Results of operationsMay 10, 2017
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 ↗- 8-KJul 18, 2017
- 8-KJul 18, 2017
- 15-12BJul 18, 2017
- 8-KJul 5, 2017
- RWJul 3, 2017
- UPLOADJun 14, 2017
- 8-KJun 8, 2017
- 8-KJun 1, 2017
- 8-KMay 23, 2017
- 8-KMay 17, 2017
- 10-QFORM 10-Q FOR QUARTERLY PERIOD ENDED MARCH 31, 2017May 10, 2017
- 8-KFIRST QUARTER 2017 EARNINGSMay 10, 2017
- 8-KMay 3, 2017
- 8-KMay 2, 2017
- SC 13D/AMay 2, 2017
Corporate family
Spun off from Noble CorporationNE · Aug 1, 2014
From the spin-off filings we track. Follow a company to walk its own history.