ERHC Energy Inc
Energy · Oil & Gas Field Services, NEC · CO · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY16 | FY15 | FY14 | FY13 | FY12 | FY11 | |
|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — |
| Operating income | — | — | — | — | — | — |
| Net income | −$12.0M | −$6.6M | −$2.0M | −$5.2M | −$4.3M | −$4.4M |
| Total assets | $6.2M | $7.3M | $11.7M | $12.5M | $20.6M | $19.7M |
| Total liabilities | $13.1M | $4.6M | $2.1M | $983,293 | — | — |
| Equity | −$6.8M | $2.7M | $4.9M | $11.5M | $15.0M | $19.2M |
| EPS (diluted) | — | — | — | — | — | — |
| Shares out. | 952.4M | 2.99B | 788.0M | 764.8M | 739.5M | 737.5M |
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
- —
- Net margin
- —
- Return on equity
- 176.0%
- Return on assets
- −193.6%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 210.0%
- Debt / equity
- —
- Book value / share
- $-0.01
- 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 · FY2016- Accruals / assets
- −117.3%clean
- Piotroski F-Score
- 2/7weak
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
● 2 severe● 2 warning● 2 good- Negative shareholder equity
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- 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-Kmissed a reporting deadline ↗Jan 2, 2018
- NT 10-Qmissed a reporting deadline ↗Feb 14, 2017
- NT 10-Kmissed a reporting deadline ↗Dec 29, 2016
- NT 10-Qmissed a reporting deadline ↗Feb 16, 2016
- NT 10-Qmissed a reporting deadline ↗Aug 12, 2008
- NT 10-Qmissed a reporting deadline ↗May 11, 2006
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 |
|---|---|---|---|---|
| Ntephe PeterDirector | Oct 12, 2015 | Buy | 3.0M | $0.00 |
| Ntephe PeterDirector | Sep 22, 2015 | Buy | 190,000 | $0.00 |
| Odobulu SylvanOfficer — Principal Accounting Officer | Sep 21, 2015 | Buy | 3.7M | $0.00 |
| Ntephe PeterDirector | Jul 17, 2015 | Buy | 50,000 | $0.00 |
| Sewell Legal Practice, Pc | May 20, 2015 | Buy | 3.0M | $0.00 |
| Odobulu SylvanOfficer — Principal Accounting Officer | Jun 12, 2015 | Buy | 1.4M | $0.00 |
| Ntephe PeterDirector | Jun 25, 2015 | Buy | 331,479 | $0.00 |
| Odobulu SylvanOfficer — Principal Accounting Officer | Jul 7, 2015 | Buy | 1.6M | $0.00 |
| Ntephe PeterDirector | Jun 19, 2015 | Buy | 200,000 | $0.00 |
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- Other material eventDec 8, 2023
- Other material eventJun 28, 2023
- Other material eventFeb 7, 2023
- Other material eventSep 17, 2021
- Other material eventNov 14, 2018
- Other material eventSep 6, 2017
- Other material eventJul 21, 2017
- Other material eventApr 24, 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 13GFORM 13G FILINGFeb 6, 2024
- 8-KERHC ENERGY INC - FORM 8-K SEC FILINGDec 8, 2023
- 8-KERHC ENERGY INC - FORM 8-K SEC FILINGJun 28, 2023
- 8-KERHC ENERGY INC - FORM 8-K SEC FILINGFeb 7, 2023
- 8-KCURRENT EVENT REPORT - FORM 8-KSep 17, 2021
- SC 13G/AMar 26, 2020
- SC 13G/AMar 26, 2020
- SC 13GMar 26, 2020
- 5PRIMARY DOCUMENTMar 26, 2020
- 3/APRIMARY DOCUMENTMar 26, 2020
- 3PRIMARY DOCUMENTFeb 4, 2020
- 8-KCURRENT EVENT REPORTNov 14, 2018
- NT 10-KFORM 12B-25 (NT-10K) - NOTIFICATION OF LATE FILINGJan 2, 2018
- 8-KFORM 8-KSep 6, 2017
- 10-QERHC ENERGY INC - FORM 10-Q SEC FILINGAug 14, 2017