Valeritas Holdings Inc.
Healthcare · Surgical & Medical Instruments & Apparatus · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY18 | FY17 | FY16 | FY15 | FY14 | |
|---|---|---|---|---|---|
| Revenue | $26.4M | $20.2M | $19.6M | $18.1M | $3,666 |
| Operating income | −$42.1M | −$45.3M | −$33.8M | −$85,482 | −$60,736 |
| Net income | −$45.9M | −$49.3M | −$46.4M | −$103,811 | −$64,275 |
| Total assets | $68.6M | $45.1M | $34.5M | $20,083 | $19,501 |
| Total liabilities | $54.3M | $49.1M | $71.0M | $138,469 | $58,776 |
| Equity | $14.3M | −$4.1M | −$36.5M | −$53.3M | $0 |
| EPS (diluted) | — | — | — | — | — |
| Shares out. | 7.0M | 13.1M | 1.6M | 10.2M | — |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2018- Operating margin
- −159.4%
- Net margin
- −174.0%
- Return on equity
- −321.4%
- Return on assets
- −66.9%
- Return on capital (ROCE)
- −76.9%
- Liabilities / assets
- 79.2%
- Debt / equity
- 3.80×
- Book value / share
- $2.04
- Revenue growth (YoY)
- 30.4%
- 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 · FY2018- Altman Z″ (distress)
- -21.76distress
- Accruals / assets
- −12.7%clean
- Beneish M-Score
- -2.12normal
- 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. What these scores mean →
Signs
● 2 severe● 4 warning● 2 good- 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
- Revenue is growing year-over-year
- 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 31, 2020
- NT 10-Kmissed a reporting deadline ↗Mar 30, 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 |
|---|---|---|---|---|
| Armistice Capital, Llc10% owner | Dec 20, 2019 | Sell | 1.1M | $0.75 |
| Armistice Capital, Llc10% owner | May 23, 2019 | Buy | 20,000 | $2.28 |
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- Entered a material agreement · Terminated a material agreement · Bankruptcy or receivership · Completed an acquisition or disposition · Director / officer changeApr 2, 2020
- Bankruptcy or receivership · Other material eventMar 20, 2020
- Entered a material agreementMar 18, 2020
- New financial obligation · Other material eventMar 16, 2020
- Director / officer changeFeb 28, 2020
- Entered a material agreement · New financial obligation · Delisting / listing-standard noticeFeb 14, 2020
- Entered a material agreement · Bankruptcy or receivership · Debt acceleration / triggering event · Delisting / listing-standard notice · Director / officer change · Other material eventFeb 10, 2020
- Director / officer changeJan 10, 2020
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 ↗Event-driven situations (1)
Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.