CERADYNE INC
Consumer Discretionary · Miscellaneous Manufacturing Industries · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY11 | FY10 | FY09 | |
|---|---|---|---|
| Revenue | — | — | — |
| Operating income | $128.5M | $29.2M | $7.7M |
| Net income | $83.9M | $29.3M | $8.5M |
| Total assets | $948.1M | $865.3M | $849.7M |
| Total liabilities | $239.4M | $213.1M | $200.0M |
| Equity | $708.7M | $652.2M | $649.7M |
| EPS (diluted) | $3.39 | $1.15 | $0.33 |
| Shares out. | 24.2M | 24.7M | 25.4M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2011- Operating margin
- —
- Net margin
- —
- Return on equity
- 11.8%
- Return on assets
- 8.8%
- Return on capital (ROCE)
- 16.2%
- Liabilities / assets
- 25.3%
- Debt / equity
- 0.34×
- Book value / share
- $29.29
- Revenue growth (YoY)
- —
- Net income growth (YoY)
- 186.5%
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 · FY2011- Altman Z″ (distress)
- 8.65safe
- Accruals / assets
- −2.6%clean
- Piotroski F-Score
- 5/7mixed
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● 4 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Conservative leverage (liabilities < 50% of assets)
- Positive operating cash flow
- Clean earnings (low accruals)
- Altman Z″ in the safe zone
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 ↗Nov 13, 2012
- NT 10-Qmissed a reporting deadline ↗Aug 10, 2006
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- Completed an acquisition or disposition · Delisting / listing-standard notice · Unregistered equity sale · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylawsDec 3, 2012
- Director / officer changeOct 3, 2012
- Entered a material agreementOct 2, 2012
- Regulation FD disclosureOct 1, 2012
- Regulation FD disclosureAug 17, 2012
- Regulation FD disclosureAug 14, 2012
- Results of operationsJul 24, 2012
- Shareholder voteMay 21, 2012
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/AFEBRUARY 14, 2013Feb 14, 2013
- SC 13G/AFeb 12, 2013
- SC 13G/ASCHEDULE 13G/AFeb 11, 2013
- 15-12GDec 10, 2012
- EFFECTDec 4, 2012
- EFFECTDec 4, 2012
- EFFECTDec 4, 2012
- EFFECTDec 4, 2012
- EFFECTDec 4, 2012
- EFFECTDec 4, 2012
- EFFECTDec 4, 2012
- S-8 POSDec 4, 2012
- S-8 POSDec 4, 2012
- S-8 POSDec 4, 2012
- S-8 POSDec 4, 2012
Event-driven situations (1)
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