FRANKLIN CREDIT HOLDING CORP/DE/
Financials · Finance Services · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY11 | FY10 | |
|---|---|---|
| Revenue | $94.4M | $41.7M |
| Operating income | — | — |
| Net income | $22.0M | −$55.3M |
| Total assets | $23.2M | $518.3M |
| Total liabilities | $851.0M | $1.37B |
| Equity | −$827.7M | −$852.9M |
| EPS (diluted) | $2.76 | $-6.89 |
| Shares out. | 8.0M | 8.0M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2011- Operating margin
- —
- Net margin
- 23.3%
- Return on equity
- −2.7%
- Return on assets
- 94.7%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 3664.1%
- Debt / equity
- —
- Book value / share
- $-103.10
- Revenue growth (YoY)
- 126.1%
- 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 · FY2011- Accruals / assets
- −176.3%clean
- Piotroski F-Score
- 6/7mixed
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 severe● 1 warning● 3 good- Negative shareholder equity
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- 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-Qmissed a reporting deadline ↗Aug 16, 2011
- NT 10-Qmissed a reporting deadline ↗May 15, 2009
- NT 10-Kmissed a reporting deadline ↗Apr 1, 2009
- NT 10-Qmissed a reporting deadline ↗Aug 15, 2008
- NT 10-Kmissed a reporting deadline ↗Apr 1, 2008
- NT 10-Qmissed a reporting deadline ↗Nov 15, 2007
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- Bankruptcy or receivership · Modified shareholder rights · Change in control · Director / officer changeAug 13, 2012
- Bankruptcy or receivershipAug 3, 2012
- Bankruptcy or receivership · Modified shareholder rightsJul 19, 2012
- Regulation FD disclosureJul 5, 2012
- Regulation FD disclosureJun 26, 2012
- Regulation FD disclosureJun 26, 2012
- Shareholder vote · Regulation FD disclosureJun 13, 2012
- Entered a material agreement · Bankruptcy or receivershipJun 5, 2012
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 ↗- 15-12GCERTIFICATION AND NOTICE OF TERMINATIONAug 13, 2012
- 8-KCURRENT REPORTAug 13, 2012
- 8-KCURRENT REPORTAug 3, 2012
- 8-KCURRENT REPORTJul 19, 2012
- 8-KCURRENT REPORTJul 5, 2012
- 8-KCURRENT REPORTJun 26, 2012
- 8-KCURRENT REPORTJun 26, 2012
- 8-KCURRENT REPORTJun 13, 2012
- 8-KCURRENT REPORTJun 5, 2012
- 8-KCURRENT REPORTMay 29, 2012
- 10-QQUARTERLY REPORTMay 11, 2012
- CT ORDERMay 3, 2012
- DEF 14APROXY STATEMENTApr 26, 2012
- 3OWNERSHIP DOCUMENTMar 28, 2012
- 10-KANNUAL REPORTMar 23, 2012
Event-driven situations (1)
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