VERSAR INC
Industrials · Services-Engineering Services · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | |
|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — |
| Operating income | −$8.2M | −$35.9M | $2.8M | −$1.4M | $6.3M | $8.2M |
| Net income | −$9.6M | −$37.9M | $1.4M | −$334,000 | $2.4M | $4.2M |
| Total assets | $44.3M | $61.3M | $89.2M | $57.8M | $57.4M | $53.4M |
| Total liabilities | $50.1M | $60.2M | $49.8M | $20.0M | $19.8M | $19.0M |
| Equity | −$5.8M | $1.1M | $39.4M | $37.8M | $37.6M | $34.4M |
| EPS (diluted) | — | — | $0.03 | $-0.01 | $0.07 | $0.09 |
| Shares out. | 10.0M | 10.0M | 9.8M | 9.7M | 9.6M | 9.7M |
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
- —
- Net margin
- —
- Return on equity
- 165.6%
- Return on assets
- −21.6%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 113.0%
- Debt / equity
- —
- Book value / share
- $-0.58
- 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 · FY2017- Altman Z″ (distress)
- -5.79distress
- Accruals / assets
- −39.5%clean
- Piotroski F-Score
- 3/7weak
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
● 3 severe● 1 warning● 3 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)
- Strong return on equity (>15%)
- 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 ↗Feb 14, 2017
- NT 10-Qmissed a reporting deadline ↗Nov 14, 2016
- NT 10-Kmissed a reporting deadline ↗Sep 30, 2016
- NT 10-Qmissed a reporting deadline ↗May 17, 2016
- NT 11-Kmissed a reporting deadline ↗Jun 27, 2014
- NT 10-Qmissed a reporting deadline ↗May 15, 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- Completed an acquisition or disposition · Modified shareholder rights · Change in control · Director / officer changeNov 14, 2017
- Entered a material agreement · New financial obligationOct 6, 2017
- Other material eventOct 2, 2017
- Results of operations · Delisting / listing-standard notice · Other material eventSep 27, 2017
- Entered a material agreementSep 27, 2017
- Results of operationsSep 25, 2017
- Entered a material agreement · Amended charter or bylaws · Other material eventSep 25, 2017
- Entered a material agreement · Delisting / listing-standard notice · Unregistered equity saleAug 15, 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 ↗- 15-12BNov 14, 2017
- 8-KNov 14, 2017
- SC 14D9/ANov 13, 2017
- SC TO-T/ANov 13, 2017
- 25-NSENov 6, 2017
- CORRESPNov 2, 2017
- SC 14D9/ANov 2, 2017
- SC TO-T/ANov 2, 2017
- 10-K/APRIMARY DOCUMENTOct 30, 2017
- UPLOADOct 27, 2017
- UPLOADOct 27, 2017
- 3PRIMARY DOCUMENTOct 24, 2017
- CORRESPOct 23, 2017
- SC 14D9/AOct 23, 2017
- SC TO-T/AOct 23, 2017