Patient Safety Technologies, Inc
Healthcare · Orthopedic, Prosthetic & Surgical Appliances & Supplies · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY12 | FY11 | FY10 | |
|---|---|---|---|
| Revenue | $17.6M | $9.5M | $14.8M |
| Operating income | −$2.0M | −$2.7M | −$2.2M |
| Net income | −$2.2M | −$1.9M | $2.0M |
| Total assets | $19.7M | $14.0M | $9.7M |
| Total liabilities | $7.3M | $3.9M | — |
| Equity | $12.4M | $10.0M | $3.7M |
| EPS (diluted) | — | $-0.08 | $0.06 |
| Shares out. | 34.0M | 34.0M | 24.0M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2012- Operating margin
- −11.5%
- Net margin
- −12.5%
- Return on equity
- −17.7%
- Return on assets
- −11.2%
- Return on capital (ROCE)
- −15.1%
- Liabilities / assets
- 36.9%
- Debt / equity
- 0.58×
- Book value / share
- $0.37
- Revenue growth (YoY)
- 85.9%
- 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 · FY2012- Altman Z″ (distress)
- -7.59distress
- Accruals / assets
- −24.4%clean
- Beneish M-Score
- -3.38normal
- Piotroski F-Score
- 5/9mixed
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● 4 good- 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 is growing year-over-year
- Conservative leverage (liabilities < 50% of assets)
- 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 ↗May 16, 2011
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2011
- NT 10-Qmissed a reporting deadline ↗Nov 16, 2010
- NT 10-Qmissed a reporting deadline ↗Nov 17, 2009
- NT 10-Qmissed a reporting deadline ↗May 18, 2009
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2009
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 |
|---|---|---|---|---|
| Francis, John P.Director | Mar 24, 2014 | D | 3.2M | $2.22 |
| Stewart BrianOfficer — President & CEO | Mar 24, 2014 | D | 1.4M | $2.22 |
| Dreyer David COfficer — Chief Financial Officer | Mar 24, 2014 | D | 621,666 | $2.22 |
| Dreyer David COfficer — CFO | Mar 18, 2014 | Option exercise | 416,666 | $0.75 |
| Stewart BrianOfficer — President & CEO | Mar 19, 2014 | Option exercise | 500,000 | $0.80 |
| Kinderhook, Lp | Jan 22, 2014 | Sell | 2.2M | $2.20 |
| Kinderhook, Lp10% owner | Jan 14, 2014 | Sell | 240,334 | $2.20 |
| Kinderhook, Lp10% owner | Jan 9, 2014 | Sell | 1.8M | $2.20 |
| Stewart BrianOfficer — CEO, Pres. | Jul 25, 2013 | Option exercise | 100,000 | $1.40 |
| Stewart BrianOfficer — CEO, Pres. | May 9, 2013 | Option exercise | 98,560 | $0.75 |
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- Completed an acquisition or disposition · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylaws · Other material eventMar 24, 2014
- Shareholder vote · Other material eventMar 21, 2014
- Other material eventMar 11, 2014
- Entered a material agreement · Other material eventJan 2, 2014
- Entered a material agreementDec 31, 2013
- Regulation FD disclosureDec 3, 2013
- Entered a material agreement · New financial obligation · Other material eventNov 22, 2013
- Results of operationsNov 14, 2013
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 13D/ASCHEDULE 13D/AJun 5, 2014
- SC 13D/AAMENDMENT NO 4 TO SCH 13DMar 27, 2014
- 15-12BFORM 15Mar 27, 2014
- 4OWNERSHIP DOCUMENTMar 26, 2014
- EFFECTMar 25, 2014
- EFFECTMar 25, 2014
- 4OWNERSHIP DOCUMENTMar 25, 2014
- 4OWNERSHIP DOCUMENTMar 25, 2014
- 8-KCURRENT REPORTMar 24, 2014
- POS AMPOST-EFFECTIVE AMENDMENT TO FORM S-1Mar 24, 2014
- POS AMPOST EFFECTIVE AMENDMENT NO 1 TO FORM S-1Mar 24, 2014
- S-8 POSPOST EFFECTIVE AMENDMENT TO FORM S-8Mar 24, 2014
- S-8 POSPOST EFFECTIVE AMENDMENT TO FORM S-8Mar 24, 2014
- S-8 POSPOST EFFECTIVE AMENDMENT TO FORM S-8Mar 24, 2014
- S-8 POSPOST EFFECTIVE AMENDMENT TO FORM S-8Mar 24, 2014
Event-driven situations (1)
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