Event-Driven Stocks

XRS Corp

Technology · Electronic Computers · MN · SEC filings ↗ · Compare ⊕

Signs4 good2 warning1 severedetails ↓

Financials

SEC XBRL · annual
 FY13FY12FY11FY10
Revenue$56.2M$63.1M$63.0M$70.7M
Operating income$1.1M−$10.3M−$3.5M$821,000
Net income$866,000−$10.0M−$2.8M−$1.3M
Total assets$49.1M$52.8M$65.8M$70.6M
Total liabilities$9.9M$14.3M$19.1M$22.1M
Equity$39.3M$38.5M$46.7M$48.5M
EPS (diluted)$0.03$-0.95
Shares out.10.9M10.8M10.7M9.8M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2013
Operating margin
2.0%
Net margin
1.5%
Return on equity
2.2%
Return on assets
1.8%
Return on capital (ROCE)
2.9%
Liabilities / assets
20.1%
Debt / equity
0.25×
Book value / share
$3.59
Revenue growth (YoY)
−10.9%
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 · FY2013
Altman Z″ (distress)
2.13grey zone
Accruals / assets
17.5%clean
Beneish M-Score
-3.42normal
Piotroski F-Score
7/9strong

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 Score
62
/ 100
Profitability 100Growth 0Catalyst 33Earnings quality 100Financial strength 75

Our 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

1 severe2 warning4 good
  • Filed a late-filing notice (Form NT) — missed an SEC deadline
  • Revenue declined year-over-year
  • Altman Z″ in the grey zone
  • Operating margin is positive
  • 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

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

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 ↗

Event-driven situations (1)

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