ELECTRO RENT CORP
Industrials · Services-Equipment Rental & Leasing, NEC · CA · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY16 | FY15 | FY14 | FY13 | FY12 | FY11 | |
|---|---|---|---|---|---|---|
| Revenue | $39.5M | $56.3M | $241.1M | $64.7M | $60.1M | $228.7M |
| Operating income | $8.1M | $22.9M | $32.1M | $36.7M | $36.1M | $36.7M |
| Net income | $1.0M | $2.4M | $20.4M | $5.0M | $5.0M | $23.8M |
| Total assets | $284.6M | $300.3M | $302.1M | $318.9M | $329.8M | $305.9M |
| Total liabilities | $63.1M | $72.3M | $71.1M | $90.4M | $81.7M | $65.6M |
| Equity | $221.5M | $228.0M | $231.0M | $228.5M | $248.1M | $240.4M |
| EPS (diluted) | $0.04 | $0.10 | $0.84 | $0.21 | $0.21 | $0.99 |
| Shares out. | 24.2M | 24.1M | 24.0M | 24.0M | 24.0M | 24.0M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2016- Operating margin
- 20.5%
- Net margin
- 2.6%
- Return on equity
- 0.5%
- Return on assets
- 0.4%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 22.2%
- Debt / equity
- 0.28×
- Book value / share
- $9.15
- Revenue growth (YoY)
- −29.9%
- Net income growth (YoY)
- −58.4%
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 · FY2016- Accruals / assets
- −18.0%clean
- Piotroski F-Score
- 4/8mixed
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● 1 warning● 4 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Revenue declined year-over-year
- Operating margin is positive
- 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.
Risk flags
late SEC filings- NT 10-Qmissed a reporting deadline ↗Jan 12, 2015
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 · Terminated a material agreement · Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylawsAug 10, 2016
- Shareholder vote · Other material eventAug 5, 2016
- Entered a material agreement · Modified shareholder rights · Other material eventJun 24, 2016
- Entered a material agreement · Modified shareholder rights · Other material eventMay 31, 2016
- Director / officer changeMay 12, 2016
- Results of operationsApr 8, 2016
- Other material eventMar 17, 2016
- Results of operationsJan 7, 2016
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/ASCHEDULE 13G/AFeb 9, 2017
- 15-12GAug 22, 2016
- 4FORM 4Aug 10, 2016
- 4FORM 4Aug 10, 2016
- 4FORM 4Aug 10, 2016
- 4FORM 4Aug 10, 2016
- 4FORM 4Aug 10, 2016
- 4FORM 4Aug 10, 2016
- 4FORM 4Aug 10, 2016
- 4FORM 4Aug 10, 2016
- S-8 POSAug 10, 2016
- S-8 POSAug 10, 2016
- S-8 POSAug 10, 2016
- 8-KFORM 8-KAug 10, 2016
- SC 13D/AAMENDMENT NO. 2 TO SCHEDULE 13DAug 10, 2016