Capstone Systems Inc
Materials · Millwood, Veneer, Plywood, & Structural Wood Members · NV · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY18 | FY17 | FY16 | FY15 | |
|---|---|---|---|---|
| Revenue | $30,258 | $175,979 | $75,978 | $30,322 |
| Operating income | — | — | — | — |
| Net income | −$48,221 | −$36,124 | −$11,501 | $8,357 |
| Total assets | $209 | $10,321 | $41,250 | $14,546 |
| Total liabilities | $46,832 | $2,189 | — | — |
| Equity | −$46,623 | $8,132 | $856 | $12,357 |
| EPS (diluted) | — | — | — | — |
| Shares out. | 5.1M | 5.1M | 5.1M | 4.0M |
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
- —
- Net margin
- −159.4%
- Return on equity
- 103.4%
- Return on assets
- −23072.2%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 22407.7%
- Debt / equity
- —
- Book value / share
- $-0.01
- Revenue growth (YoY)
- −82.8%
- 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- Accruals / assets
- −4064.1%clean
- Piotroski F-Score
- 3/7weak
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● 4 warning● 2 good- Negative shareholder equity
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- 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 14, 2019
- NT 10-Qmissed a reporting deadline ↗Feb 14, 2019
- NT 10-Qmissed a reporting deadline ↗Apr 19, 2018
- NT 10-Kmissed a reporting deadline ↗Aug 29, 2017
- NT 10-Kmissed a reporting deadline ↗Aug 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.
Material events
SEC Form 8-K · most recent- Entered a material agreement · Director / officer changeJul 22, 2019
- Entered a material agreement · Director / officer changeJul 12, 2019
- Entered a material agreement · Completed an acquisition or disposition · Results of operations · Unregistered equity sale · Change in control · Amended charter or bylaws · Item 5.06Jan 14, 2019
- Changed auditorAug 23, 2018
- Amended charter or bylawsJan 17, 2018
- Entered a material agreement · Unregistered equity saleJan 16, 2018
- Change in control · Director / officer changeOct 19, 2017
- Changed auditorSep 13, 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 ↗- 15-15DJul 25, 2019
- 8-KJul 22, 2019
- 8-KJul 12, 2019
- NT 10-QFORM NT 10-QMay 14, 2019
- 10-QFORM 10-QApr 22, 2019
- NT 10-QFeb 14, 2019
- 8-KFORM 8-KJan 14, 2019
- 10-QFORM 10-QOct 15, 2018
- 10-KFORM 10-KAug 27, 2018
- 8-KFORM 8-KAug 23, 2018
- 10-Q/AFORM 10-Q/AApr 30, 2018
- 10-QFORM 10-QApr 24, 2018
- NT 10-QApr 19, 2018
- UPLOADMar 22, 2018
- 10-K/AFORM 10-K/AMar 20, 2018
Event-driven situations (1)
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