GEOKINETICS INC
Energy · Crude Petroleum & Natural Gas · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY12 | FY11 | FY10 | FY09 | |
|---|---|---|---|---|
| Revenue | $163.5M | $187.6M | $558.1M | $511.0M |
| Operating income | −$14.0M | −$21.5M | −$92.1M | $26.3M |
| Net income | −$23.2M | −$28.8M | −$138.7M | −$12.3M |
| Total assets | $392.9M | $514.2M | $725.2M | — |
| Total liabilities | $593.5M | $633.7M | $628.4M | — |
| Equity | −$293.9M | −$202.8M | $21.8M | $145.3M |
| EPS (diluted) | — | — | — | — |
| Shares out. | 19.0M | 19.0M | 17.8M | 10.9M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2012- Operating margin
- −8.6%
- Net margin
- −14.2%
- Return on equity
- 7.9%
- Return on assets
- −5.9%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 151.1%
- Debt / equity
- —
- Book value / share
- $-15.48
- Revenue growth (YoY)
- −12.9%
- 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 · FY2012- Altman Z″ (distress)
- -10.14distress
- Accruals / assets
- −13.7%clean
- 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 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. What these scores mean →
Signs
● 3 severe● 4 warning● 2 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- Revenue declined year-over-year
- High leverage (liabilities > 70% 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.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗Mar 16, 2012
- NT 10-Kmissed a reporting deadline ↗Apr 1, 2011
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2006
- NT 10-Qmissed a reporting deadline ↗Nov 15, 2005
- NT 10-Kmissed a reporting deadline ↗Apr 1, 2005
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2004
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.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Strong Christopher DDirector | May 10, 2013 | D | 25,035 | — |
| Tripodo AnthonyDirector | May 10, 2013 | D | 19,250 | — |
| Crowley DavidOfficer — President and CEO | May 10, 2013 | D | 350,000 | — |
| Pittman Gary LOfficer — EVP and CFO | May 10, 2013 | D | 20,200 | — |
| Pittman Gary MDirector | May 10, 2013 | D | 25,450 | — |
| Cabes Robert L JrDirector | May 10, 2013 | D | 28,065 | — |
| Parker LeeOfficer — EVP | May 10, 2013 | D | 46,009 | — |
| Ziegler William RDirector | May 10, 2013 | D | 606,526 | — |
| Webster Steven ADirector | May 10, 2013 | D | 735,186 | — |
| Harte Christopher MDirector | May 10, 2013 | D | 28,065 | — |
| Moll William Leo JrOfficer — VP, GC and Corp. Sec. | May 10, 2013 | D | 25,800 | — |
| Avista Capital Partners Gp, Llc10% owner | May 10, 2012 | J | 258,998 | — |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Material events
SEC Form 8-K · most recent- Entered a material agreement · New financial obligationMar 19, 2013
- Entered a material agreement · Bankruptcy or receivership · Debt acceleration / triggering eventMar 12, 2013
- Entered a material agreementFeb 7, 2013
- Regulation FD disclosureFeb 7, 2013
- Entered a material agreementJan 17, 2013
- Delisting / listing-standard noticeDec 21, 2012
- Other material eventDec 17, 2012
- Director / officer changeDec 12, 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 ↗Event-driven situations (1)
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