MICHAELS STORES INC
Consumer Discretionary · Retail-Hobby, Toy & Game Shops · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY14 | FY13 | FY12 | FY11 | |
|---|---|---|---|---|
| Revenue | — | — | — | — |
| Operating income | $611.0M | $592.0M | $538.0M | $488.0M |
| Net income | — | — | — | — |
| Total assets | $1.80B | $1.55B | $1.84B | $1.78B |
| Total liabilities | $3.80B | $3.86B | $4.30B | $4.43B |
| Equity | −$2.00B | −$2.30B | −$2.50B | −$2.65B |
| EPS (diluted) | — | — | — | — |
| Shares out. | 100 | 118.5M | 118.7M | 118.4M |
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
- —
- Net margin
- —
- Return on equity
- —
- Return on assets
- —
- Return on capital (ROCE)
- 63.2%
- Liabilities / assets
- 211.1%
- Debt / equity
- —
- Book value / share
- $-20010000.00
- 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 · FY2014- Altman Z″ (distress)
- -0.52distress
- Piotroski F-Score
- 4/4mixed
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● 1 warning● 1 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)
- Positive operating cash flow
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 ↗Jun 8, 2006
- NT 11-Kmissed a reporting deadline ↗Jul 28, 1995
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- Entered a material agreement · New financial obligation · Director / officer changeJun 19, 2014
- Entered a material agreementJun 11, 2014
- Results of operationsMay 21, 2014
- Results of operationsApr 29, 2014
- Director / officer changeMar 31, 2014
- Entered a material agreement · Terminated a material agreement · New financial obligation · Other material eventDec 19, 2013
- Results of operationsDec 10, 2013
- Prior financials not reliable (restatement)Nov 29, 2013
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 ↗- 8-KCURRENT REPORT OF MATERIAL EVENTS OR CORPORATE CHANGESJun 19, 2014
- 8-KCURRENT REPORT OF MATERIAL EVENTS OR CORPORATE CHANGESJun 11, 2014
- IRANNOTICENOTICE OF IRAN-RELATED DISCLOSURE FILED PURSUANT TO SECTION 13(R)(3) OF THE EXCHJun 2, 2014
- 10-QQUARTERLY REPORT PURSUANT TO SECTIONS 13 OR 15(D)Jun 2, 2014
- SDSPECIALIZED DISCLOSURE REPORTMay 30, 2014
- 8-KCURRENT REPORT OF MATERIAL EVENTS OR CORPORATE CHANGESMay 21, 2014
- IRANNOTICENOTICE OF IRAN-RELATED DISCLOSURE FILED PURSUANT TO SECTION 13(R)(3) OF THE EXCHApr 29, 2014
- 10-KANNUAL REPORT PURSUANT TO SECTION 13 AND 15(D)Apr 29, 2014
- 8-KCURRENT REPORT OF MATERIAL EVENTS OR CORPORATE CHANGESApr 29, 2014
- 8-KCURRENT REPORT OF MATERIAL EVENTS OR CORPORATE CHANGESMar 31, 2014
- RWREGISTRATION WITHDRAWAL REQUESTDec 20, 2013
- 8-KCURRENT REPORT OF MATERIAL EVENTS OR CORPORATE CHANGESDec 19, 2013
- IRANNOTICENOTICE OF IRAN-RELATED DISCLOSURE FILED PURSUANT TO SECTION 13(R)(3) OF THE EXCHDec 10, 2013
- 10-QQUARTERLY REPORT PURSUANT TO SECTIONS 13 OR 15(D)Dec 10, 2013
- 8-KCURRENT REPORT OF MATERIAL EVENTS OR CORPORATE CHANGESDec 10, 2013
Event-driven situations (1)
Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.