Event-Driven Stocks

PASSUR Aerospace, Inc.

Industrials · Search, Detection, Navigation, Guidance, Aeronautical Sys · NY · SEC filings ↗ · Compare ⊕

Signs● 1 good● 5 warning● 3 severedetails ↓

Financials

SEC XBRL · annual
 FY21FY20FY19FY18FY17FY16
Revenue$6.2M$11.5M$15.0M$14.8M$13.9M$14.9M
Operating income$1.2M−$11.3M−$3.1M−$5.1M−$1.4M$1.3M
Net income$93,198−$12.3M−$3.8M−$5.5M−$3.5M$517,703
Total assets$3.8M$5.3M$14.4M$15.2M$17.8M$19.0M
Total liabilities$14.9M$16.7M$14.0M$11.6M$9.4M$7.6M
Equity−$11.0M−$11.4M$455,729$3.6M$8.5M$11.4M
EPS (diluted)$0.01$-1.60$-0.50$-0.71$-0.46$0.07
Shares out.7.7M7.7M7.7M7.7M7.7M7.7M

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
18.7%
Net margin
1.5%
Return on equity
−0.8%
Return on assets
2.4%
Return on capital (ROCE)
744.8%
Liabilities / assets
387.8%
Debt / equity
—
Book value / share
$-1.43
Revenue growth (YoY)
−46.6%
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
Altman Z″ (distress)
-24.24distress
Accruals / assets
122.8%high accruals
Beneish M-Score
3.88elevated
Piotroski F-Score
5/9mixed

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
23
/ 100
Profitability 80Growth 0Catalyst 33Earnings quality 0Financial strength 0

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● 5 warning● 1 good
  • Negative shareholder equity
  • Altman Z″ in the distress zone
  • Filed a late-filing notice (Form NT) — missed an SEC deadline
  • Revenue declined year-over-year
  • High leverage (liabilities > 70% of assets)
  • Negative operating cash flow
  • High accruals — earnings-quality risk
  • Beneish M-Score elevated — earnings-manipulation screen flag
  • Operating margin is positive

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 (1)