Adeptus Health Inc.
Healthcare · Services-Hospitals · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY15 | FY14 | FY13 | FY12 | |
|---|---|---|---|---|
| Revenue | $81.5M | $38.8M | $102.9M | $72.6M |
| Operating income | $5.4M | −$341,000 | $891,000 | $5.3M |
| Net income | $1.6M | −$2.8M | −$3.0M | $3.2M |
| Total assets | $525.3M | $282.8M | $183.3M | — |
| Total liabilities | $375.6M | $182.9M | $104.6M | — |
| Equity | $92.0M | $48.0M | $78.7M | $82.7M |
| EPS (diluted) | — | $-0.34 | — | — |
| Shares out. | — | 4.9M | — | — |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2015- Operating margin
- 6.6%
- Net margin
- 2.0%
- Return on equity
- 1.7%
- Return on assets
- 0.3%
- Return on capital (ROCE)
- 1.1%
- Liabilities / assets
- 71.5%
- Debt / equity
- 4.08×
- Book value / share
- —
- Revenue growth (YoY)
- 110.0%
- 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)
- 1.11grey zone
- Accruals / assets
- −2.2%clean
- Piotroski F-Score
- 7/8strong
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● 2 warning● 4 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- High leverage (liabilities > 70% of assets)
- Altman Z″ in the grey zone
- Operating margin is positive
- Revenue is growing year-over-year
- 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.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗Mar 2, 2017
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- Bankruptcy or receivershipOct 2, 2017
- Regulation FD disclosureSep 14, 2017
- Regulation FD disclosureSep 1, 2017
- Regulation FD disclosureAug 2, 2017
- Regulation FD disclosureAug 2, 2017
- Regulation FD disclosureJul 21, 2017
- Regulation FD disclosureJul 5, 2017
- Director / officer changeMay 30, 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 ↗- SC 13G/A13G/AFeb 14, 2018
- EFFECTOct 10, 2017
- SC 13GOct 10, 2017
- 15-12BOct 2, 2017
- S-8 POSOct 2, 2017
- S-8 POSOct 2, 2017
- POS AMOct 2, 2017
- 8-KOct 2, 2017
- 8-KSep 14, 2017
- 8-KSep 1, 2017
- 8-KAug 2, 2017
- 8-KAug 2, 2017
- 8-KJul 21, 2017
- 8-KJul 5, 2017
- SC 13D/ASCHEDULE 13D-A FOR ADEPTUS HEALTH INC. BY MATLINPATTERSON GLOBAL ADVISERS LLCJun 21, 2017
Event-driven situations (1)
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