GATEWAY ENERGY CORP/NE

Operating margin

−61.2%

Net margin

−57.5%

Return on equity

−314.0%

Return on assets

−57.0%

Return on capital (ROCE)

−186.1%

Liabilities / assets

81.8%

Debt / equity

4.51×

Book value / share

$0.04

Revenue growth (YoY)

−18.3%

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.

Altman Z″ (distress)

-20.31distress

Accruals / assets

−59.3%clean

Piotroski F-Score

4/9mixed

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.

• Entered a material agreement · Modified shareholder rights · Other material eventJul 17, 2013
• Director / officer changeJun 4, 2013
• Prior financials not reliable (restatement)Mar 13, 2013
• Director / officer changeFeb 25, 2013
• Entered a material agreement · Completed an acquisition or disposition · New financial obligation · Unregistered equity saleFeb 13, 2013
• Entered a material agreement · Other material eventDec 13, 2012
• Other material eventOct 16, 2012
• Director / officer changeAug 20, 2012

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.