TRI VALLEY CORP
Energy · Crude Petroleum & Natural Gas · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY11 | FY10 | |
|---|---|---|
| Revenue | $2.6M | $1.9M |
| Operating income | — | — |
| Net income | −$11.7M | −$8.7M |
| Total assets | $18.6M | $15.0M |
| Total liabilities | $14.3M | $8.8M |
| Equity | $4.4M | $6.2M |
| 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 · FY2011- Operating margin
- —
- Net margin
- −446.6%
- Return on equity
- −265.9%
- Return on assets
- −62.6%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 76.4%
- Debt / equity
- 3.25×
- Book value / share
- —
- Revenue growth (YoY)
- 41.0%
- 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 · FY2011- Accruals / assets
- −14.4%clean
- Piotroski F-Score
- 2/7weak
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
● 1 severe● 3 warning● 2 good- 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
- 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- NT 10-Qmissed a reporting deadline ↗Aug 15, 2012
- NT 10-Qmissed a reporting deadline ↗May 15, 2012
- NT 10-Kmissed a reporting deadline ↗Apr 2, 2012
- NT 10-Qmissed a reporting deadline ↗Nov 14, 2011
- NT 10-Qmissed a reporting deadline ↗Aug 15, 2011
- NT 10-Kmissed a reporting deadline ↗Mar 16, 2010
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- Entered a material agreement · Bankruptcy or receivership · New financial obligation · Debt acceleration / triggering eventAug 9, 2012
- Director / officer changeJun 22, 2012
- Director / officer changeJun 14, 2012
- Entered a material agreement · New financial obligation · Debt acceleration / triggering event · Delisting / listing-standard notice · Other material eventJun 4, 2012
- Entered a material agreement · New financial obligation · Debt acceleration / triggering event · Unregistered equity sale · Regulation FD disclosureMay 7, 2012
- Delisting / listing-standard noticeMay 2, 2012
- Results of operationsApr 23, 2012
- Entered a material agreement · New financial obligation · Unregistered equity saleApr 9, 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 ↗- REVOKEDNov 26, 2014
- NT 10-QAug 15, 2012
- 8-KAug 9, 2012
- 8-KTRI-VALLEY CORPORATION 8-K FILINGJun 22, 2012
- 25TRI-VALLEY CORPORATION, FORM 25Jun 14, 2012
- 8-KTRI-VALLEY CORPORATION, 8-K FILINGJun 14, 2012
- DEFA14ATRI-VALLEY FORM DEF 14AJun 4, 2012
- 8-KTRI-VALLEY CORP. 8-KJun 4, 2012
- 10-QTRI-VALLEY CORPORATION 10-QMay 17, 2012
- NT 10-QTRI-VALLEY CORPORATION NT 10-QMay 15, 2012
- 10-K/ATRI-VALLEY CORP. 10-K/AMay 15, 2012
- DMay 10, 2012
- 8-KTRI-VALLEY CORP. 8-KMay 7, 2012
- 8-KTRI-VALLEY CORPORATION 8-KMay 2, 2012
- DEF 14ATRI-VALLEY CORPORATION DEF 14AApr 30, 2012