Belong Acquisition Corp.
Financials · Blank Checks · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY22 | FY21 | |
|---|---|---|
| Revenue | — | — |
| Operating income | −$1.7M | −$596,781 |
| Net income | $3.0M | $2.2M |
| Total assets | $52.3M | $151.8M |
| Total liabilities | $17.7M | $9.7M |
| Equity | −$6.2M | −$7.9M |
| EPS (diluted) | — | — |
| Shares out. | — | — |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2022- Operating margin
- —
- Net margin
- —
- Return on equity
- −48.3%
- Return on assets
- 5.7%
- Return on capital (ROCE)
- −4.2%
- Liabilities / assets
- 33.8%
- Debt / equity
- —
- Book value / share
- —
- Revenue growth (YoY)
- —
- Net income growth (YoY)
- 36.6%
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 · FY2022- Altman Z″ (distress)
- -2.28distress
- Accruals / assets
- −11.9%clean
- Piotroski F-Score
- 4/6mixed
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● 3 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Conservative leverage (liabilities < 50% of assets)
- Positive operating cash flow
- 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- Other material eventJul 25, 2023
- Other material eventJul 7, 2023
- Delisting / listing-standard noticeMar 31, 2023
- Director / officer changeFeb 21, 2023
- Director / officer changeFeb 7, 2023
- Entered a material agreement · Amended charter or bylaws · Shareholder voteDec 22, 2022
- Other material eventDec 9, 2022
- Other material eventDec 6, 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 14, 2024
- SC 13G/AFORM SC 13G/AFeb 7, 2024
- 15-12GFORM 15Aug 14, 2023
- 25-NSEJul 26, 2023
- 8-KCURRENT REPORTJul 25, 2023
- 8-KCURRENT REPORTJul 7, 2023
- 10-QQUARTERLY REPORTMay 12, 2023
- 10-KANNUAL REPORTMar 31, 2023
- 8-KCURRENT REPORTMar 31, 2023
- 3Feb 21, 2023
- 8-KCURRENT REPORTFeb 21, 2023
- SC 13G/AFeb 14, 2023
- SC 13G/AFeb 14, 2023
- SC 13G/AFORM SC 13G/AFeb 14, 2023
- SC 13GFeb 14, 2023
Event-driven situations (1)
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