UNIPROP MANUFACTURED HOUSING COMMUNITIES INCOME FUND II /MI/
Real Estate · Real Estate · MI · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | |
|---|---|---|---|---|---|---|
| Revenue | $658 | $632 | $1,086 | $1,110 | $2.0M | $2,055 |
| Operating income | — | — | — | — | — | — |
| Net income | $75 | $7,021 | $161 | $15 | −$599,278 | $411,988 |
| Total assets | $11.8M | $16.1M | $22.0M | $29.7M | $31.4M | $27.6M |
| Total liabilities | $11.3M | $17.9M | $24.4M | $28.7M | $29.2M | $22.0M |
| Equity | — | — | — | — | — | — |
| EPS (diluted) | — | — | — | — | — | — |
| Shares out. | 3.3M | 3.3M | 3.3M | 3.3M | 3.3M | 3.3M |
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
- 11.4%
- Return on equity
- —
- Return on assets
- 0.0%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 95.9%
- Debt / equity
- —
- Book value / share
- —
- Revenue growth (YoY)
- 4.1%
- Net income growth (YoY)
- −98.9%
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- Accruals / assets
- 8.6%moderate
- Piotroski F-Score
- 4/7mixed
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 warning● 1 good- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Revenue is growing year-over-year
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Material events
SEC Form 8-K · most recent- Other material eventFeb 15, 2019
- Other material eventNov 19, 2018
- Completed an acquisition or disposition · Other material eventNov 8, 2018
- Entered a material agreementAug 29, 2018
- Entered a material agreementJul 31, 2018
- Entered a material agreementJun 19, 2018
- Entered a material agreementApr 30, 2018
- Other material eventFeb 13, 2018
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 ↗- 15-12GFeb 19, 2019
- 8-KFORM 8-KFeb 15, 2019
- SC 13GSCHEDULE 13GFeb 4, 2019
- 8-KFORM 8-KNov 19, 2018
- 10-QNov 13, 2018
- 8-KNov 8, 2018
- 8-KFORM 8-KAug 29, 2018
- 10-QFORM 10-QAug 10, 2018
- 8-KFORM 8-KJul 31, 2018
- 8-KFORM 8-KJun 19, 2018
- 10-QFORM 10-QMay 9, 2018
- 8-KFORM 8-KApr 30, 2018
- 10-KMar 2, 2018
- 8-KFORM 8-KFeb 13, 2018
- 8-KDec 13, 2017
Event-driven situations (2)
Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.