SECURED INCOME L P
Real Estate · Real Estate · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY11 | FY10 | FY09 | |
|---|---|---|---|
| Revenue | $2.8M | $2.7M | $2.5M |
| Operating income | — | — | — |
| Net income | −$96,468 | $208,766 | $74,397 |
| Total assets | $4.0M | $4.5M | — |
| Total liabilities | $8.0M | $7.9M | — |
| Equity | −$4.0M | −$3.5M | −$3.4M |
| EPS (diluted) | — | — | — |
| Shares out. | — | — | — |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2011- Operating margin
- —
- Net margin
- −3.4%
- Return on equity
- 2.4%
- Return on assets
- −2.4%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 198.4%
- Debt / equity
- —
- Book value / share
- —
- Revenue growth (YoY)
- 5.1%
- Net income growth (YoY)
- −146.2%
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 · FY2011- Accruals / assets
- −17.5%clean
- Piotroski F-Score
- 3/6weak
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● 2 warning● 3 good- Negative shareholder equity
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- 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-Kmissed a reporting deadline ↗Mar 31, 2009
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2008
- NT 10-Kmissed a reporting deadline ↗Apr 3, 2007
- NT 10-Qmissed a reporting deadline ↗Nov 15, 2006
- NT 10-Kmissed a reporting deadline ↗Apr 3, 2006
- NT 10-Kmissed a reporting deadline ↗Mar 31, 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.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Mackenzie Capital Management, Lp10% owner | Sep 19, 2012 | Buy | 227,636 | $9.17 |
| Apartment Investment &Amp; Management Co10% owner | Sep 19, 2012 | Sell | 228,286 | $9.17 |
| Mackenzie Patterson Fuller, Lp10% owner | Jul 30, 2010 | Buy | 11,607 | $5.00 |
| Mackenzie Patterson Fuller, Lp10% owner | Nov 29, 2007 | Buy | 7,187 | $9.00 |
| Mackenzie Patterson Fuller, Lp10% owner | Feb 26, 2007 | Buy | 3,335 | $5.00 |
| Mackenzie Patterson Fuller, Lp10% owner | Oct 18, 2006 | Buy | 7,000 | $7.00 |
| Mackenzie Patterson Fuller, Lp10% owner | Feb 1, 2005 | Buy | 13,418 | $38.00 |
| Mackenzie Patterson Fuller Inc10% owner | Oct 5, 2005 | Buy | 24,910 | $34.00 |
| Apartment Investment &Amp; Management Co10% owner | Sep 29, 2004 | Buy | 71,301 | $23.30 |
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- Changed auditorNov 9, 2012
- Director / officer changeFeb 17, 2009
- Other material eventSep 19, 2006
- Other material eventAug 3, 2006
- Other material eventApr 3, 2006
- Other material eventSep 28, 2004
- Item 5Apr 30, 2001
- Item 5 · Item 7Jul 31, 2000
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 ↗- 15-12GSECURED INCOME L.P. FORM 15Feb 22, 2013
- 10-QSECURED INCOME L.P. FORM 10-Q SEPTEMBER 30, 2012Nov 13, 2012
- 8-KSECURED INCOME L.P. FORM 8-K NOVEMBER 7, 2012Nov 9, 2012
- 4PRIMARY DOCUMENTSep 24, 2012
- SC 13DSCHEDULE 13DSep 24, 2012
- SC 13D/ASep 21, 2012
- 4FORM 4Sep 21, 2012
- 10-QSECURED INCOM, LP 10Q 2012-06-30Aug 9, 2012
- 10-QSECURED INCOME L.P. FORM 10-Q MARCH 31, 2012May 14, 2012
- 10-KFORM 10-KMar 30, 2012
- 10-QSECURED INCOME L.P. FORM 10-Q SEPTEMBER 30, 2011Nov 14, 2011
- UPLOADOct 27, 2011
- CORRESPOct 25, 2011
- 10-K/ASECURED INCOME L.P. FORM 10-K/A DECEMBER 31,2010Oct 25, 2011
- UPLOADSep 20, 2011
Event-driven situations (1)
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