Tuscan Holdings Corp. II
Financials · Blank Checks · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY21 | FY20 | FY19 | |
|---|---|---|---|
| Revenue | — | — | — |
| Operating income | −$1.1M | −$619,292 | −$458,616 |
| Net income | $1.8M | −$843,428 | $892,422 |
| Total assets | $127.7M | $175.1M | $174.4M |
| Total liabilities | $35.4M | $4.2M | $156,521 |
| Equity | −$3.2M | −$3.3M | $5.0M |
| EPS (diluted) | $0.09 | $-0.04 | — |
| Shares out. | 22.0M | 22.0M | 5.2M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2021- Operating margin
- —
- Net margin
- —
- Return on equity
- −56.1%
- Return on assets
- 1.4%
- Return on capital (ROCE)
- −1.2%
- Liabilities / assets
- 27.8%
- Debt / equity
- —
- Book value / share
- $-0.14
- Revenue growth (YoY)
- —
- 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 · FY2021- Accruals / assets
- 2.0%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● 1 warning● 2 good- Negative shareholder equity
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Negative operating cash flow
- 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, 2022
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2022
- NT 10-Qmissed a reporting deadline ↗Nov 15, 2021
- NT 10-Qmissed a reporting deadline ↗May 18, 2021
- NT 10-Qmissed a reporting deadline ↗Aug 27, 2019
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- Other material eventDec 19, 2022
- Delisting / listing-standard noticeNov 21, 2022
- Terminated a material agreementNov 16, 2022
- New financial obligationNov 2, 2022
- Regulation FD disclosureOct 11, 2022
- New financial obligationOct 6, 2022
- Entered a material agreement · New financial obligationSep 2, 2022
- Regulation FD disclosureAug 8, 2022
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 ↗- SC 13G/AFeb 15, 2023
- SC 13G/AFeb 13, 2023
- SC 13G/AAMENDMENT NO. 1Feb 13, 2023
- SC 13G/AJan 24, 2023
- 15-12GFORM 15-12GJan 19, 2023
- 25-NSEDec 29, 2022
- 8-KCURRENT REPORTDec 19, 2022
- 8-KCURRENT REPORTNov 21, 2022
- 8-KCURRENT REPORTNov 16, 2022
- 10-QQUARTERLY REPORTNov 14, 2022
- 425CURRENT REPORTNov 2, 2022
- 8-KCURRENT REPORTNov 2, 2022
- 425FORM 425Oct 26, 2022
- 425CURRENT REPORTOct 11, 2022
- 8-KCURRENT REPORTOct 11, 2022
Event-driven situations (1)
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