SPECTRANETICS CORP
Healthcare · Electromedical & Electrotherapeutic Apparatus · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY16 | FY15 | FY14 | FY13 | FY12 | FY11 | |
|---|---|---|---|---|---|---|
| Revenue | $62.9M | $57.4M | $204.9M | $158.8M | $140.3M | $127.3M |
| Operating income | −$43.6M | −$50.5M | −$37.0M | $394,000 | $2.9M | $1.3M |
| Net income | −$17.3M | −$27.3M | −$40.9M | −$370,000 | $2.2M | $894,000 |
| Total assets | $430.1M | $468.0M | $457.8M | $216.7M | $110.8M | $110.8M |
| Total liabilities | $355.8M | $351.0M | $295.7M | $27.2M | $22.1M | $29.5M |
| Equity | $74.3M | $117.0M | $162.2M | $190.0M | $88.7M | $79.5M |
| EPS (diluted) | — | — | $-0.14 | $-0.03 | $0.06 | $0.03 |
| Shares out. | 42.7M | 42.2M | 41.3M | 35.1M | 34.0M | 34.0M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2016- Operating margin
- −69.4%
- Net margin
- −27.5%
- Return on equity
- −23.3%
- Return on assets
- −4.0%
- Return on capital (ROCE)
- −12.0%
- Liabilities / assets
- 82.7%
- Debt / equity
- 4.79×
- Book value / share
- $1.74
- Revenue growth (YoY)
- 9.5%
- 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 · FY2016- Altman Z″ (distress)
- -1.33distress
- Accruals / assets
- 1.7%clean
- Piotroski F-Score
- 3/9weak
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● 4 warning● 2 good- Altman Z″ in the distress zone
- 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)
- Negative operating cash flow
- Revenue is growing year-over-year
- 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 9, 2006
- NT 10-Kmissed a reporting deadline ↗Mar 16, 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- Entered a material agreement · Debt acceleration / triggering eventAug 14, 2017
- Terminated a material agreement · Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylawsAug 9, 2017
- Results of operationsAug 3, 2017
- Regulation FD disclosureJul 26, 2017
- Entered a material agreement · Director / officer change · Other material eventJun 30, 2017
- Other material eventJun 14, 2017
- Shareholder voteJun 14, 2017
- Entered a material agreement · New financial obligation · Regulation FD disclosureJun 9, 2017
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 13GNONEFeb 13, 2018
- 15-12GAug 22, 2017
- 15-12GAug 22, 2017
- 8-KAug 14, 2017
- 4FORM 4 -Aug 11, 2017
- 4FORM 4 -Aug 11, 2017
- 4FORM 4 -Aug 11, 2017
- 4FORM 4 -Aug 11, 2017
- 4FORM 4 -Aug 11, 2017
- 4FORM 4 -Aug 11, 2017
- 4FORM 4 -Aug 11, 2017
- 4FORM 4 -Aug 11, 2017
- 4FORM 4 -Aug 11, 2017
- 4FORM 4 -Aug 11, 2017
- 4FORM 4 -Aug 11, 2017
Event-driven situations (1)
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