Kaspien Holdings Inc.
Consumer Discretionary · Retail-Record & Prerecorded Tape Stores · NY · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | |
|---|---|---|---|---|---|---|
| Revenue | $128.2M | $143.7M | $40.6M | $322.0M | $413.0M | $437.2M |
| Operating income | −$15.4M | −$9.6M | −$5.7M | −$15.0M | −$96.8M | −$51.4M |
| Net income | −$19.0M | −$8.0M | −$1.4M | −$5.4M | −$7.8M | −$8.1M |
| Total assets | $40.7M | $46.7M | $45.3M | $97.8M | $138.0M | $247.9M |
| Total liabilities | $41.8M | $39.4M | $43.8M | $93.3M | $74.3M | $89.7M |
| Equity | −$1.1M | $7.3M | $1.5M | $4.5M | $63.7M | $158.2M |
| EPS (diluted) | $-5.47 | $-3.28 | $-2.10 | $-2.97 | $-4.20 | — |
| Shares out. | 5.0M | 2.5M | 2.5M | 1.8M | 36.3M | 36.1M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2023- Operating margin
- −12.0%
- Net margin
- −14.9%
- Return on equity
- 1729.7%
- Return on assets
- −46.7%
- Return on capital (ROCE)
- −72.4%
- Liabilities / assets
- 102.7%
- Debt / equity
- —
- Book value / share
- $-0.22
- Revenue growth (YoY)
- −10.8%
- 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 · FY2023- Altman Z″ (distress)
- -11.75distress
- Accruals / assets
- −19.1%clean
- Beneish M-Score
- -3.93normal
- Piotroski F-Score
- 2/9weak
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.
Signs
● 3 severe● 5 warning● 2 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)
- Reported a net loss
- Revenue declined year-over-year
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Strong return on equity (>15%)
- 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 ↗Dec 12, 2023
- NT 10-Qmissed a reporting deadline ↗Dec 18, 2019
- NT 10-Kmissed a reporting deadline ↗May 6, 2019
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 |
|---|---|---|---|---|
| Marcus Jonathan AnthonyDirector | May 1, 2023 | Grant | 15,000 | $0.00 |
| Reickert W MichaelDirector | May 1, 2023 | Grant | 15,000 | $0.00 |
| Holliday Mark EDirector | May 1, 2023 | Grant | 15,000 | $0.00 |
| Simpson TomDirector | May 1, 2023 | Grant | 15,000 | $0.00 |
| Simpson TomDirector | Dec 30, 2022 | Sell | 9,737 | $0.55 |
| Simpson TomDirector | Dec 15, 2022 | Sell | 47,000 | $0.67 |
| Marcus Jonathan AnthonyDirector | May 2, 2022 | Grant | 3,000 | $4.59 |
| Simpson TomDirector | May 2, 2022 | Grant | 3,000 | $4.59 |
| Reickert W MichaelDirector | May 2, 2022 | Grant | 3,000 | $4.59 |
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- Costs from exit or disposal · Delisting / listing-standard notice · Director / officer change · Regulation FD disclosureDec 18, 2023
- Costs from exit or disposalDec 4, 2023
- Results of operationsSep 18, 2023
- Shareholder voteJun 30, 2023
- Results of operationsJun 13, 2023
- Delisting / listing-standard noticeJun 12, 2023
- Entered a material agreementJun 6, 2023
- Delisting / listing-standard notice · Regulation FD disclosureMay 22, 2023
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.