BOSTON CAPITAL TAX CREDIT FUND LTD PARTNERSHIP
Real Estate · Operators of Apartment Buildings · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY14 | FY13 | FY12 | FY11 | |
|---|---|---|---|---|
| Revenue | $314 | $259 | $11,645 | $125,136 |
| Operating income | — | — | — | — |
| Net income | $285,652 | −$53,407 | −$178,819 | −$86,086 |
| Total assets | $161,598 | $197,036 | $219,878 | $3.0M |
| Total liabilities | $2.6M | $2.9M | $2.9M | $5.5M |
| Equity | — | — | — | — |
| EPS (diluted) | — | — | — | — |
| Shares out. | 0 | 0 | 0 | — |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2014- Operating margin
- —
- Net margin
- 90972.0%
- Return on equity
- —
- Return on assets
- 176.8%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 1592.8%
- Debt / equity
- —
- Book value / share
- —
- Revenue growth (YoY)
- 21.2%
- 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 · FY2014- Accruals / assets
- 408.6%high accruals
- 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.
Signs
● 1 severe● 3 warning● 1 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- High accruals — earnings-quality risk
- 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.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗Jun 30, 2009
- NT 10-Qmissed a reporting deadline ↗Aug 14, 2008
- NT 10-Kmissed a reporting deadline ↗Jun 30, 2008
- NT 10-Qmissed a reporting deadline ↗Aug 14, 2007
- NT 10-Kmissed a reporting deadline ↗Jul 2, 2007
- NT 10-Qmissed a reporting deadline ↗Feb 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 recentEvents 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 ↗- 15-12GBOSTON CAPITAL TAX CREDIT FUND I FORM 15Dec 22, 2014
- 10-QBCTC I SEPT 2014 10-QNov 14, 2014
- 10-QBCTC I JUNE 2014 10-QAug 14, 2014
- 10-KFORM 10-KJun 20, 2014
- 10-QBCTC I DECEMBER 2013 10-QFeb 14, 2014
- 10-QBCTC I SEPTEMBER 2013 10-QNov 14, 2013
- 10-QBCTC I JUNE 2013 10-QAug 14, 2013
- 10-KJun 27, 2013
- 10-QBCTC I DECEMBER 2012 10-QFeb 14, 2013
- 10-QBCTC I SEPTEMBER 2012 10-QNov 14, 2012
- 8-KEXHIBIT 3 FORM 8-KOct 31, 2012
- 10-QBCTC I JUNE 2012 10-QAug 14, 2012
- 10-KFORM 10-KJun 29, 2012
- 10-QBCTC I DECEMBER 2011 10-QFeb 14, 2012
- 10-QBCTC I SEPTEMBER 2011 10-QNov 14, 2011
Event-driven situations (1)
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