COVER ALL TECHNOLOGIES INC
Technology · Services-Prepackaged Software · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY14 | FY13 | FY12 | FY11 | FY10 | FY09 | |
|---|---|---|---|---|---|---|
| Revenue | $20.5M | $20.5M | $16.2M | $17.6M | $17.5M | $14.5M |
| Operating income | $781,223 | −$2.4M | −$5.1M | $1.2M | $2.2M | $3.3M |
| Net income | $366,488 | −$2.9M | −$5.0M | $1.2M | $3.0M | $3.9M |
| Total assets | $19.2M | $18.7M | $20.8M | $20.5M | $19.5M | — |
| Total liabilities | $7.5M | $7.8M | $7.6M | $3.5M | $4.3M | — |
| Equity | $11.7M | $10.9M | $13.1M | $16.9M | $11.5M | $11.5M |
| EPS (diluted) | $0.01 | $-0.11 | $-0.19 | $0.05 | $0.12 | $0.16 |
| Shares out. | 26.6M | 26.0M | 25.8M | 25.8M | 25.0M | 25.1M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2014- Operating margin
- 3.8%
- Net margin
- 1.8%
- Return on equity
- 3.1%
- Return on assets
- 1.9%
- Return on capital (ROCE)
- 6.6%
- Liabilities / assets
- 39.1%
- Debt / equity
- 0.64×
- Book value / share
- $0.44
- Revenue growth (YoY)
- −0.0%
- 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 · FY2014- Altman Z″ (distress)
- -1.41distress
- Accruals / assets
- −13.0%clean
- Beneish M-Score
- -3.23normal
- Piotroski F-Score
- 7/9strong
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. What these scores mean →
Signs
● 2 severe● 1 warning● 4 good- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Revenue declined year-over-year
- Operating margin is positive
- Conservative leverage (liabilities < 50% of assets)
- 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.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗Apr 2, 2012
- NT 10-K/Amissed a reporting deadline ↗Mar 30, 2000
- NT 10-Kmissed a reporting deadline ↗Mar 30, 2000
- NT 10-Kmissed a reporting deadline ↗Apr 1, 1998
- NT 10-Qmissed a reporting deadline ↗May 15, 1997
- NT 10-Kmissed a reporting deadline ↗Mar 31, 1997
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.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Isaac Steven RDirector | Jun 26, 2015 | Buy | 500 | $1.00 |
| Shah Manish DOfficer — President and CEO | May 28, 2015 | Buy | 1,500 | $1.04 |
| Shah Manish DOfficer — President and CEO | May 22, 2015 | Buy | 3,500 | $1.05 |
| Isaac Steven RDirector | Mar 31, 2015 | Buy | 600 | $1.00 |
| Isaac Steven RDirector | Mar 27, 2015 | Buy | 500 | $1.00 |
| Isaac Steven RDirector | Mar 18, 2015 | Buy | 500 | $1.00 |
| Isaac Steven RDirector | Mar 13, 2015 | Buy | 400 | $1.07 |
| Isaac Steven RDirector | Mar 10, 2015 | Buy | 500 | $1.07 |
| Gallegos EarlDirector | Mar 5, 2015 | Buy | 4,973 | $1.08 |
| Mehrotra ShaileshOfficer — Senior VP, Product Mgmt & Tech | Feb 5, 2015 | Grant | 31,717 | $1.16 |
| Jhunjhunwala SwetaOfficer — SVP,Client Svcs & Support Svcs | Feb 5, 2015 | Grant | 32,266 | $1.16 |
| Massey AnnOfficer — Chief Financial Officer | Feb 5, 2015 | Grant | 27,645 | $1.16 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Material events
SEC Form 8-K · most recent- Terminated a material agreement · Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Other material eventJun 30, 2015
- Shareholder vote · Other material eventJun 22, 2015
- Results of operationsMay 14, 2015
- Other material eventMay 14, 2015
- Other material eventApr 6, 2015
- Other material eventMar 19, 2015
- Director / officer changeMar 5, 2015
- Results of operations · Regulation FD disclosure · Other material eventFeb 19, 2015
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 ↗- 15-12GJul 14, 2015
- EFFECTJul 1, 2015
- EFFECTJul 1, 2015
- 4STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIESJun 30, 2015
- 8-KCURRENT REPORTJun 30, 2015
- S-8 POSPOST-EFFECTIVE AMENDMENT TO A S-8 REGISTRATION STATEMENTJun 29, 2015
- S-8 POSPOST-EFFECTIVE AMENDMENT TO A S-8 REGISTRATION STATEMENTJun 29, 2015
- S-8 POSPOST-EFFECTIVE AMENDMENT TO A S-8 REGISTRATION STATEMENTJun 29, 2015
- S-8 POSPOST-EFFECTIVE AMENDMENT TO A S-8 REGISTRATION STATEMENTJun 29, 2015
- S-8 POSPOST-EFFECTIVE AMENDMENT TO A S-8 REGISTRATION STATEMENTJun 29, 2015
- POS AMPOST-EFFECTIVE AMENDMENTJun 29, 2015
- POS AMPOST-EFFECTIVE AMENDMENTJun 29, 2015
- 25-NSEJun 29, 2015
- 8-KCURRENT REPORTJun 22, 2015
- DEFA14ADEFINITIVE ADDITIONAL MATERIALSJun 18, 2015
Event-driven situations (1)
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