NORTEL NETWORKS CORP
Technology · Telephone & Telegraph Apparatus · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY11 | FY10 | |
|---|---|---|
| Revenue | $27.0M | $620.0M |
| Operating income | −$117.0M | −$256.0M |
| Net income | $3.69B | −$4.19B |
| Total assets | $8.63B | $4.58B |
| Total liabilities | $11.34B | $11.20B |
| Equity | −$3.35B | −$7.24B |
| EPS (diluted) | $6.91 | $-8.42 |
| Shares out. | 498.2M | 498.2M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2011- Operating margin
- −433.3%
- Net margin
- 13670.4%
- Return on equity
- −110.2%
- Return on assets
- 42.8%
- Return on capital (ROCE)
- −1.4%
- Liabilities / assets
- 131.4%
- Debt / equity
- —
- Book value / share
- $-6.72
- Revenue growth (YoY)
- −95.6%
- 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 · FY2011- Altman Z″ (distress)
- -15.87distress
- Accruals / assets
- 46.2%high accruals
- 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 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● 5 warning● 0 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Revenue declined year-over-year
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- High accruals — earnings-quality risk
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 ↗Nov 9, 2009
- NT 10-Kmissed a reporting deadline ↗Mar 1, 2007
- NT 10-Qmissed a reporting deadline ↗Apr 25, 2006
- NT 10-Kmissed a reporting deadline ↗Mar 10, 2006
- NT 10-Qmissed a reporting deadline ↗Apr 18, 2005
- NT 10-Kmissed a reporting deadline ↗Mar 2, 2005
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- Director / officer changeOct 3, 2012
- Director / officer changeSep 24, 2012
- Results of operations · Director / officer change · Other material eventAug 10, 2012
- Entered a material agreement · Other material eventJun 25, 2012
- Results of operationsMay 10, 2012
- Director / officer change · Other material eventDec 15, 2011
- Results of operationsNov 15, 2011
- Other material eventNov 3, 2011
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 ↗- REVOKEDOct 14, 2015
- 8-KOct 3, 2012
- 8-KSep 24, 2012
- 8-KAug 10, 2012
- 10-QFORM 10-QAug 10, 2012
- 8-KJun 25, 2012
- 8-KMay 10, 2012
- 10-QMay 10, 2012
- 10-KFORM 10-KMar 8, 2012
- 3FORM 3 - ALLAN BIFIELDDec 22, 2011
- 8-KFORM 8-KDec 15, 2011
- 8-KFORM 8-KNov 15, 2011
- 10-QFORM 10-QNov 14, 2011
- 8-KFORM 8-KNov 3, 2011
- 10-Q/AFORM 10-Q/ASep 9, 2011
Event-driven situations (1)
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