Event-Driven Stocks

ATRION CORP

Healthcare · Surgical & Medical Instruments & Apparatus · DE · SEC filings ↗ · Compare ⊕

Signs● 5 good● 3 warningdetails ↓

Financials

SEC XBRL · annual
 FY23FY22FY21FY20FY19FY18
Revenue$169.3M$183.5M$165.0M$147.6M$155.1M$152.4M
Operating income$22,579$39,687$36,042$35.7M$40.5M$41.7M
Net income$19.4M$35.0M$33.1M$32.1M$36.8M$34.3M
Total assets$260,825$264,712$267.3M$266.9M$262.0M$231.2M
Total liabilities$17,936$25,171$23.0M$26.4M$24.2M$20.4M
Equity$242,889$239,541$244,296$240,442$237.9M$210.8M
EPS (diluted)$11.02$19.56$18.18$17.44$19.73$18.44
Shares out.1.8M1.8M1.8M1.9M1.9M1.9M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2023
Operating margin
0.0%
Net margin
11.5%
Return on equity
7991.7%
Return on assets
7442.2%
Return on capital (ROCE)
9.1%
Liabilities / assets
6.9%
Debt / equity
0.07×
Book value / share
$0.14
Revenue growth (YoY)
−7.7%
Net income growth (YoY)
−44.6%

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 · FY2023
Altman Z″ (distress)
22.14safe
Accruals / assets
7434.5%high accruals
Beneish M-Score
345.39elevated
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
53
/ 100
Profitability 100Growth 0Catalyst 33Earnings quality 33Financial strength 100

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 warning● 5 good
  • Revenue declined year-over-year
  • High accruals — earnings-quality risk
  • Beneish M-Score elevated — earnings-manipulation screen flag
  • Operating margin is positive
  • Strong return on equity (>15%)
  • Conservative leverage (liabilities < 50% of assets)
  • Positive operating cash flow
  • Altman Z″ in the safe zone

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

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)

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