DIAMONDHEAD CASINO CORP
Consumer Discretionary · Hotels & Motels · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | |
|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — |
| Operating income | — | — | — | — | — | — |
| Net income | −$1.8M | −$1.4M | −$1.9M | −$1.5M | −$2.2M | −$1.3M |
| Total assets | $5.6M | $5.8M | $5.5M | $5.6M | $5.6M | $5.5M |
| Total liabilities | $20.3M | $18.7M | $17.5M | $15.7M | $14.2M | $12.7M |
| Equity | −$14.7M | −$12.9M | −$12.0M | −$10.1M | −$8.7M | −$7.2M |
| EPS (diluted) | $-0.05 | $-0.04 | $-0.05 | — | — | — |
| Shares out. | 36.3M | 36.3M | 36.3M | 36.3M | 36.3M | 36.3M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2024- Operating margin
- —
- Net margin
- —
- Return on equity
- 12.2%
- Return on assets
- −32.3%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 364.2%
- Debt / equity
- —
- Book value / share
- $-0.41
- Revenue growth (YoY)
- —
- 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 · FY2024- Accruals / assets
- −28.3%clean
- Piotroski F-Score
- 2/7weak
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
● 2 severe● 2 warning● 1 good- Negative shareholder equity
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- High leverage (liabilities > 70% of assets)
- Negative 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-Q/Amissed a reporting deadline ↗Nov 14, 2019
- NT 10-Qmissed a reporting deadline ↗Nov 13, 2019
- NT 10-Qmissed a reporting deadline ↗May 14, 2019
- NT 10-Kmissed a reporting deadline ↗Mar 25, 2019
- NT 10-Qmissed a reporting deadline ↗May 9, 2018
- NT 10-Kmissed a reporting deadline ↗Mar 30, 2018
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 receivershipAug 4, 2025
- Changed auditorMay 8, 2025
- Other material eventJun 20, 2024
- Entered a material agreementApr 3, 2023
- Changed auditorSep 21, 2022
- New financial obligationNov 19, 2020
- Other material eventMar 30, 2020
- Director / officer changeMay 4, 2018
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.