SPAN AMERICA MEDICAL SYSTEMS INC
Healthcare · Orthopedic, Prosthetic & Surgical Appliances & Supplies · SC · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY16 | FY15 | FY14 | FY13 | FY12 | FY11 | |
|---|---|---|---|---|---|---|
| Revenue | $67.6M | $64.3M | $55.9M | $73.8M | $76.1M | $52.6M |
| Operating income | $1.6M | $925,000 | $3.6M | $7.3M | $7.5M | $5.5M |
| Net income | $1.1M | $773,000 | $2.6M | $5.1M | $5.2M | $3.7M |
| Total assets | $33.6M | $32.2M | $35.8M | $36.4M | $37.6M | $30.6M |
| Total liabilities | $6.5M | $7.9M | $5.1M | $6.3M | $7.6M | $6.4M |
| Equity | $27.0M | $24.3M | $30.7M | $30.1M | $30.1M | $24.2M |
| EPS (diluted) | $0.42 | $0.26 | $0.87 | $1.69 | $1.77 | $1.30 |
| Shares out. | 2.8M | 2.7M | 3.0M | 2.9M | 2.9M | 2.9M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2016- Operating margin
- 2.3%
- Net margin
- 1.7%
- Return on equity
- 4.2%
- Return on assets
- 3.4%
- Return on capital (ROCE)
- 5.6%
- Liabilities / assets
- 19.5%
- Debt / equity
- 0.24×
- Book value / share
- $9.80
- Revenue growth (YoY)
- 5.1%
- Net income growth (YoY)
- 47.9%
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- Altman Z″ (distress)
- 10.33safe
- Accruals / assets
- −11.0%clean
- Beneish M-Score
- -2.91normal
- Piotroski F-Score
- 8/9strong
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
● 6 good- Operating margin is positive
- Revenue is growing year-over-year
- Conservative leverage (liabilities < 50% of assets)
- Positive operating cash flow
- Clean earnings (low accruals)
- 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- Terminated a material agreement · Completed an acquisition or disposition · Delisting / listing-standard notice · Unregistered equity sale · Modified shareholder rights · Change in control · Director / officer changeJun 16, 2017
- Results of operationsMay 5, 2017
- Results of operationsMay 1, 2017
- Entered a material agreement · Unregistered equity sale · Director / officer change · Amended charter or bylaws · Regulation FD disclosureMay 1, 2017
- Shareholder voteFeb 27, 2017
- Regulation FD disclosureFeb 2, 2017
- Results of operationsFeb 2, 2017
- Results of operationsNov 14, 2016
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.