BOSTON CAPITAL TAX CREDIT FUND II LTD PARTNERSHIP
Real Estate · Operators of Apartment Buildings · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY16 | FY15 | FY14 | FY13 | FY12 | FY11 | |
|---|---|---|---|---|---|---|
| Revenue | $182,578 | $2.5M | $37,384 | $28,153 | $22,073 | $259,421 |
| Operating income | — | — | — | — | — | — |
| Net income | $1.0M | $4.1M | $1.8M | $121,234 | $395,757 | $916,030 |
| Total assets | $978,635 | $1.7M | $1.1M | $1.3M | $1.6M | $1.6M |
| Total liabilities | $12.2M | $15.3M | $18.8M | $20.6M | $21.1M | $21.4M |
| Equity | — | — | — | — | — | — |
| EPS (diluted) | — | — | — | — | — | — |
| Shares out. | 0 | 0 | 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 · FY2016- Operating margin
- —
- Net margin
- 551.7%
- Return on equity
- —
- Return on assets
- 102.9%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 1251.3%
- Debt / equity
- —
- Book value / share
- —
- Revenue growth (YoY)
- −92.7%
- Net income growth (YoY)
- −75.7%
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 · FY2016- Accruals / assets
- 293.4%high accruals
- 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
● 1 severe● 4 warning● 0 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Revenue declined year-over-year
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- High accruals — earnings-quality risk
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 ↗Nov 14, 2008
- NT 10-Qmissed a reporting deadline ↗Aug 14, 2008
- NT 10-Kmissed a reporting deadline ↗Jun 30, 2008
- NT 10-Qmissed a reporting deadline ↗Nov 15, 2007
- NT 10-Qmissed a reporting deadline ↗Aug 14, 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- Changed auditorOct 31, 2012
- Entered a material agreement · Shareholder vote · Other material eventJul 7, 2010
- Other material eventFeb 1, 2010
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 ↗- 15-12GBOSTON CAPITAL TAX CREDIT FUND II LP FORM 15Jan 30, 2017
- 10-QBCTC II SEPTEMBER 2016 10-QNov 14, 2016
- 10-QBCTC II JUNE 2016 10-QAug 12, 2016
- 10-KFORM 10-KJun 23, 2016
- 10-QBCTC II DECEMBER 2015 10-QFeb 12, 2016
- 10-QBCTC II SEPTEMBER 2015 10-QNov 13, 2015
- 10-QBCTC II JUNE 2015 10-QAug 13, 2015
- 10-KJun 25, 2015
- 10-QBCTC II DECEMBER 2014 10-QFeb 13, 2015
- 10-QBCTC II SEPT 2014 10-QNov 14, 2014
- 10-QBCTC II JUNE 2014 10-QAug 14, 2014
- 10-KJun 20, 2014
- 10-QBCTC II DECEMBER 2013 10-QFeb 14, 2014
- 10-QBCTC II SEPTEMBER 2013 10-QNov 14, 2013
- 10-QBCTC II JUNE 2013 10-QAug 14, 2013
Event-driven situations (1)
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