Event-Driven Stocks

ATI Physical Therapy, Inc.

ATIP, ATIPW

Healthcare · Services-Nursing & Personal Care Facilities · DE · SEC filings ↗ · Compare ⊕

View price & chart on Yahoo Finance ↗
Signs● 4 good● 3 warning● 3 severedetails ↓

Financials

SEC XBRL · annual
 FY24FY23FY22FY21FY20FY19
Revenue$753.1M$699.0M$635.7M$627.9M$592.3M$785.5M
Operating income$2.3M−$27.5M−$539.7M−$980.0M−$913,000$59.0M
Net income−$58.3M−$69.8M−$492.4M−$778.3M−$5.4M$5.3M
Total assets$958.1M$1.00B$1.08B$1.56B$2.61B—
Total liabilities$883.3M$878.7M$890.2M$1.05B$1.71B—
Equity−$176.3M−$101.0M$44.0M$504.4M$884.0M$904.9M
EPS (diluted)$-19.46$-31.93$-125.59$-4.69$-0.04$0.04
Shares out.4.2M207.4M207.4M196.6M128.3M128.3M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2024
Operating margin
0.3%
Net margin
−7.7%
Return on equity
33.1%
Return on assets
−6.1%
Return on capital (ROCE)
0.3%
Liabilities / assets
92.2%
Debt / equity
—
Book value / share
$-41.88
Revenue growth (YoY)
7.7%
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 · FY2024
Altman Z″ (distress)
-5.07distress
Accruals / assets
−4.1%clean
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 Score
57
/ 100
Profitability 60Growth 100Catalyst 33Earnings quality 67Financial 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.

Signs

● 3 severe● 3 warning● 4 good
  • Negative shareholder equity
  • Altman Z″ in the distress zone
  • Filed a late-filing notice (Form NT) — missed an SEC deadline
  • Reported a net loss
  • High leverage (liabilities > 70% of assets)
  • Negative operating cash flow
  • Operating margin is positive
  • Strong return on equity (>15%)
  • 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

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

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 (2)

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