Worldwide Specialty Chemicals Inc.
Industrials · Wholesale-Chemicals & Allied Products · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY17 | FY16 | FY15 | FY14 | |
|---|---|---|---|---|
| Revenue | $1.1M | $40,014 | $2,495 | — |
| Operating income | — | −$1.9M | −$80,451 | −$158 |
| Net income | −$2.7M | −$1.9M | −$80,451 | −$158 |
| Total assets | $3.3M | $77,228 | $1,482 | $0 |
| Total liabilities | $357,968 | $1.0M | $81,733 | — |
| Equity | $3.0M | −$945,587 | −$80,251 | — |
| EPS (diluted) | — | $-0.41 | $-0.04 | $0.00 |
| Shares out. | 24.3M | 3.9M | 3.6M | 1.6M |
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
- —
- Net margin
- −237.9%
- Return on equity
- −91.9%
- Return on assets
- −82.0%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 10.8%
- Debt / equity
- 0.12×
- Book value / share
- $0.12
- Revenue growth (YoY)
- 2752.0%
- 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 · FY2017- Accruals / assets
- −32.1%clean
- Piotroski F-Score
- 4/8mixed
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● 3 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Reported a net loss
- Negative operating cash flow
- Revenue is growing year-over-year
- Conservative leverage (liabilities < 50% of assets)
- 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 16, 2019
- NT 10-Kmissed a reporting deadline ↗Apr 1, 2019
- NT 10-Qmissed a reporting deadline ↗May 16, 2018
- NT 10-Kmissed a reporting deadline ↗Apr 2, 2018
- NT 10-K/Amissed a reporting deadline ↗Apr 11, 2017
- NT 10-Kmissed a reporting deadline ↗Mar 24, 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- Director / officer changeJan 22, 2019
- Director / officer changeMay 21, 2018
- Modified shareholder rightsFeb 12, 2018
- Changed auditorDec 26, 2017
- Amended charter or bylawsAug 18, 2017
- Amended charter or bylawsAug 18, 2017
- Completed an acquisition or dispositionFeb 21, 2017
- Changed auditorOct 7, 2016
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 ↗- 15-12GFORM 15Apr 17, 2020
- DJan 16, 2020
- NT 10-QFORM NT 10-QMay 16, 2019
- NT 10-KNOTICE OF LATEFILINGApr 1, 2019
- 8-KFORM 8-KJan 22, 2019
- 10-QQUARTERLY REPORTNov 14, 2018
- UPLOADSep 10, 2018
- 10-K/AAMENDMENT NO. 1Sep 6, 2018
- CORRESPSep 5, 2018
- UPLOADAug 21, 2018
- 10-QQUARTERLY REPORTAug 9, 2018
- 10-QFORM 10-QAug 7, 2018
- 10-KANNUAL REPORTJul 18, 2018
- 10-QQUARTERLY REPORTMay 21, 2018
- 10-QQUARTERLY REPORTMay 21, 2018