Northern Power Systems Corp.
Industrials · Engines & Turbines · A1 · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY17 | FY16 | FY15 | FY14 | FY13 | |
|---|---|---|---|---|---|
| Revenue | $6.2M | $5.2M | $9.2M | $15.5M | $1.7M |
| Operating income | −$1.4M | −$4.1M | −$3.5M | −$2.5M | −$3.3M |
| Net income | −$1.2M | −$4.2M | −$4.0M | −$2.7M | −$3.4M |
| Total assets | $14.6M | $18.7M | $31.9M | $27.8M | $25.2M |
| Total liabilities | $16.9M | $21.2M | $26.0M | $41.7M | $32.0M |
| Equity | −$2.3M | −$2.6M | $5.9M | $12.8M | −$6.8M |
| EPS (diluted) | — | — | — | — | — |
| Shares out. | 23.6M | 23.2M | 22.8M | — | 12.8M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2017- Operating margin
- −22.6%
- Net margin
- −19.4%
- Return on equity
- 52.3%
- Return on assets
- −8.2%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 115.7%
- Debt / equity
- —
- Book value / share
- $-0.10
- Revenue growth (YoY)
- 19.2%
- 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)
- -41.46distress
- Accruals / assets
- 17.7%high accruals
- 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
● 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
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- High accruals — earnings-quality risk
- Strong return on equity (>15%)
- Revenue is growing year-over-year
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 ↗Apr 1, 2019
- NT 10-Qmissed a reporting deadline ↗Nov 16, 2018
- NT 10-Qmissed a reporting deadline ↗Aug 14, 2018
- NT 10-Qmissed a reporting deadline ↗Aug 15, 2016
- NT 10-Qmissed a reporting deadline ↗May 17, 2016
- NT 10-Kmissed a reporting deadline ↗Mar 29, 2016
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.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Lentz Robert LDirector | Jan 14, 2016 | Sell | 11,000 | $0.12 |
| Wolf Gregory C.Director | Oct 23, 2017 | Buy | 1,000 | $0.14 |
| Simon JohnDirector | Jun 14, 2017 | Grant | 185,039 | $0.16 |
| Kopczynski KevinDirector | Jun 14, 2017 | Buy | 6,500 | $0.16 |
| Kopczynski KevinDirector | Jun 5, 2017 | Buy | 2,500 | $0.16 |
| Kopczynski KevinDirector | May 31, 2017 | Buy | 1,000 | $0.16 |
| Patton Troy C.Director | May 25, 2017 | Grant | 30,000 | $0.00 |
| Kopczynski KevinDirector | May 25, 2017 | Grant | 30,000 | $0.00 |
| Leimkuhler William F.Director | May 25, 2017 | Grant | 30,000 | $0.00 |
| Ellis Alexander IiiDirector | May 25, 2017 | Grant | 30,000 | $0.00 |
| Lentz Robert LDirector | May 25, 2017 | Grant | 30,000 | $0.00 |
| Simon JohnDirector | May 25, 2017 | Grant | 30,000 | $0.00 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Material events
SEC Form 8-K · most recent- Completed an acquisition or disposition · Director / officer changeAug 27, 2019
- Director / officer change · Other material eventJun 11, 2019
- Completed an acquisition or disposition · Director / officer change · Other material eventApr 30, 2019
- Other material eventApr 2, 2019
- Director / officer changeMar 12, 2019
- Director / officer changeFeb 22, 2019
- Entered a material agreement · Completed an acquisition or disposition · Director / officer changeFeb 12, 2019
- Completed an acquisition or dispositionDec 12, 2018
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 ↗- REVOKEDMar 10, 2023
- 8-KFORM 8-KAug 27, 2019
- 8-KFORM 8-KJun 11, 2019
- 8-KFORM 8-KApr 30, 2019
- 8-KFORM 8-KApr 2, 2019
- NT 10-KApr 1, 2019
- 8-KFORM 8-KMar 12, 2019
- 8-KFORM 8-KFeb 22, 2019
- 8-KFORM 8-KFeb 12, 2019
- 8-KFORM 8-KDec 12, 2018
- 8-KFORM 8-KDec 4, 2018
- 8-KFORM 8-KNov 20, 2018
- NT 10-QFORM NT 10-QNov 16, 2018
- 8-KFORM 8-KOct 24, 2018
- 8-KFORM 8-KSep 21, 2018
Event-driven situations (1)
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