MERISEL INC /DE/
Industrials · Services-Business Services, NEC · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY12 | FY11 | FY10 | |
|---|---|---|---|
| Revenue | — | — | — |
| Operating income | −$14.6M | −$144,000 | $1.5M |
| Net income | −$18.1M | −$2.5M | $1.2M |
| Total assets | $32.5M | $36.2M | $46.8M |
| Total liabilities | $42.5M | $28.2M | $21.1M |
| Equity | −$10.0M | $8.0M | −$8.9M |
| EPS (diluted) | — | — | — |
| Shares out. | 7.2M | 5.0M | 7.2M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2012- Operating margin
- —
- Net margin
- —
- Return on equity
- 181.2%
- Return on assets
- −55.7%
- Return on capital (ROCE)
- −120.0%
- Liabilities / assets
- 130.8%
- Debt / equity
- —
- Book value / share
- $-1.39
- Revenue growth (YoY)
- —
- 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.
Financial health
forensic scores · FY2012- Altman Z″ (distress)
- -32.25distress
- Accruals / assets
- −51.6%clean
- Piotroski F-Score
- 1/7weak
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. What these scores mean →
Signs
● 3 severe● 2 warning● 2 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Strong return on equity (>15%)
- 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 ↗Aug 14, 2012
- NT 11-Kmissed a reporting deadline ↗Jul 2, 2007
- NT 10-Kmissed a reporting deadline ↗Apr 3, 2007
- NT 11-Kmissed a reporting deadline ↗Jun 30, 2006
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2006
- NT 10-Qmissed a reporting deadline ↗Nov 15, 2004
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- Unregistered equity saleApr 30, 2013
- Entered a material agreement · Terminated a material agreement · Director / officer changeFeb 19, 2013
- Entered a material agreement · New financial obligation · Unregistered equity saleFeb 8, 2013
- Entered a material agreement · Director / officer change · Amended charter or bylaws · Shareholder voteJan 4, 2013
- Entered a material agreement · Director / officer changeNov 6, 2012
- Entered a material agreement · New financial obligation · Unregistered equity saleAug 24, 2012
- Results of operationsAug 6, 2012
- Director / officer changeJul 27, 2012
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 13D/AMERISEL SCHEDULE 13D/A 8-1-13Aug 1, 2013
- SC 13E3/ASCHEDULE 13E3/AJul 31, 2013
- 15-12GFORM 15-12GJul 31, 2013
- S-8 POSFORM S-8 POSJul 30, 2013
- S-8 POSFORM S-8 POSJul 30, 2013
- S-8 POSFORM S-8 POSJul 30, 2013
- CORRESPJul 9, 2013
- SC 13E3/ASCHEDULE 13E3/AJul 9, 2013
- UPLOADJul 2, 2013
- 11-KFORM 11-KJul 1, 2013
- SC 13E3/ASCHEDULE 13E3/AJun 26, 2013
- SC 13E3SCHEDULE 13E3Jun 21, 2013
- SC 13D/ASCHEDULE 13D/A AMENDMENT NO. 8Jun 14, 2013
- 10-QFORM 10-QMay 15, 2013
- 8-KFORM 8-KApr 30, 2013
Event-driven situations (2)
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