SEITEL INC
Energy · Oil & Gas Field Exploration Services · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | |
|---|---|---|---|---|---|---|
| Revenue | $20.6M | $11.9M | $100.3M | $198.0M | $202.9M | $240.5M |
| Operating income | −$7.3M | −$9.1M | −$3.0M | $46.9M | $54.8M | $71.2M |
| Net income | −$13.4M | −$13.9M | −$110.0M | $9.7M | $113.7M | $37.0M |
| Total assets | $364.0M | $385.2M | $421.5M | $579.8M | $595.5M | $550.7M |
| Total liabilities | $286.9M | $284.1M | $299.3M | $326.7M | $340.6M | $400.4M |
| Equity | $77.1M | $101.1M | $122.2M | $253.1M | $255.0M | $150.4M |
| EPS (diluted) | — | — | — | — | — | — |
| Shares out. | 100 | 100 | 100 | 100 | 100 | 100 |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2017- Operating margin
- −35.6%
- Net margin
- −65.0%
- Return on equity
- −17.3%
- Return on assets
- −3.7%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 78.8%
- Debt / equity
- 3.72×
- Book value / share
- $771140.00
- Revenue growth (YoY)
- 72.3%
- 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 · FY2017- Accruals / assets
- −14.8%clean
- Piotroski F-Score
- 5/8mixed
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.
Signs
● 1 severe● 3 warning● 3 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- High leverage (liabilities > 70% of assets)
- Revenue is growing year-over-year
- 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-Qmissed a reporting deadline ↗Nov 15, 2004
- NT 10-Qmissed a reporting deadline ↗Aug 15, 2002
- NT 11-Kmissed a reporting deadline ↗Jul 2, 2002
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 changeFeb 1, 2019
- Entered a material agreement · Completed an acquisition or disposition · Results of operationsJan 22, 2019
- Results of operationsNov 7, 2018
- Director / officer changeOct 9, 2018
- Results of operationsAug 13, 2018
- Director / officer changeJul 26, 2018
- Entered a material agreement · Modified shareholder rights · Change in control · Director / officer changeJul 19, 2018
- Director / officer changeJul 16, 2018
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 ↗- 15-15DFORM 15Mar 15, 2019
- 8-KFORM 8-KFeb 1, 2019
- 8-KFORM 8-KJan 22, 2019
- 10-QFORM 10-Q FOR QUARTERLY PERIOD ENDED SEPTEMBER 30, 2018Nov 8, 2018
- 8-KFORM 8-KNov 7, 2018
- 8-KFORM 8-KOct 9, 2018
- 10-QFORM 10-Q FOR QUARTERLY PERIOD ENDED JUNE 30, 2018Aug 14, 2018
- 8-KFORM 8-KAug 13, 2018
- 8-KFORM 8-KJul 26, 2018
- 8-KFORM 8-KJul 19, 2018
- 8-KFORM 8-KJul 16, 2018
- 10-QFORM 10-Q FOR QUARTERLY PERIOD ENDED MARCH 31, 2018May 10, 2018
- 8-KFORM 8-KMay 9, 2018
- 10-K/AAMENDMENT NO. 1 TO FORM 10-K FOR FISCAL YEAR ENDED DECEMBER 31, 2017Mar 29, 2018
- 10-K2017 FORM 10-KFeb 16, 2018