Event-Driven Stocks

SMITH INTERNATIONAL INC

Industrials · Oil & Gas Field Machinery & Equipment · DE · SEC filings ↗ · Compare ⊕

Signs2 gooddetails ↓

Financials

SEC XBRL · annual
 FY09FY08
Revenue
Operating income$599.1M$1.64B
Net income$148.5M$767.3M
Total assets$10.74B$10.82B
Total liabilities
Equity$5.44B$4.55B
EPS (diluted)$0.66$3.68
Shares out.223.3M208.7M

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

Key ratios

from filings · FY2009
Operating margin
Net margin
Return on equity
2.7%
Return on assets
1.4%
Return on capital (ROCE)
6.4%
Liabilities / assets
Debt / equity
Book value / share
$24.37
Revenue growth (YoY)
Net income growth (YoY)
−80.7%

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 · FY2009
Accruals / assets
10.7%clean
Piotroski F-Score
4/6mixed

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
67
/ 100
Profitability 100Growth 0Catalyst 33Earnings quality 100Financial 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. What these scores mean →

Signs

2 good
  • 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.

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 (2)

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