Event-Driven Stocks

Old API Wind-down Ltd.

Healthcare · Pharmaceutical Preparations · A1 · SEC filings ↗ · Compare ⊕

Signs2 good4 warning1 severedetails ↓

Financials

SEC XBRL · annual
 FY17FY16FY15FY14
Revenue$26.0M$8.1M$21.4M$32.4M
Operating income−$96.5M−$102.6M−$37.5M$16.6M
Net income−$27.5M−$33.8M−$37.8M
Total assets$453.5M$517.4M$32.3M
Total liabilities$438.3M$397.9M$17.5M
Equity$15.2M$119.5M$14.8M$46.7M
EPS (diluted)$-0.42$-0.73$-1.16$0.60
Shares out.65.7M63.9M33.3M32.8M

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
−371.6%
Net margin
−105.8%
Return on equity
−180.5%
Return on assets
−6.1%
Return on capital (ROCE)
−25.0%
Liabilities / assets
96.6%
Debt / equity
28.80×
Book value / share
$0.23
Revenue growth (YoY)
222.3%
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)
-4.22distress
Accruals / assets
0.3%clean
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 Score
38
/ 100
Profitability 0Growth 100Catalyst 33Earnings quality 33Financial strength 25

Our 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

1 severe4 warning2 good
  • Altman Z″ in the distress zone
  • 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.

Material events

SEC Form 8-K · most recent

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)

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