WILLIAMS CONTROLS INC
Consumer Discretionary · Motor Vehicle Parts & Accessories · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY12 | FY11 | FY10 | FY09 | |
|---|---|---|---|---|
| Revenue | $16.8M | $61.9M | $52.3M | $38.8M |
| Operating income | $5.8M | $5.1M | $1.2M | −$3.3M |
| Net income | $895,000 | $3.3M | $1.4M | −$2.0M |
| Total assets | $36.4M | $38.5M | $34.2M | — |
| Total liabilities | — | — | — | — |
| Equity | $16.7M | $17.4M | $14.8M | $20.1M |
| EPS (diluted) | $0.12 | $0.45 | $0.19 | $-0.27 |
| Shares out. | 7.4M | 7.3M | 7.3M | 7.3M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2012- Operating margin
- 34.6%
- Net margin
- 5.3%
- Return on equity
- 5.4%
- Return on assets
- 2.5%
- Return on capital (ROCE)
- 22.6%
- Liabilities / assets
- —
- Debt / equity
- —
- Book value / share
- $2.26
- Revenue growth (YoY)
- −72.8%
- Net income growth (YoY)
- −73.2%
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 · FY2012- Accruals / assets
- −13.8%clean
- Piotroski F-Score
- 5/8mixed
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● 1 warning● 3 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Revenue declined year-over-year
- Operating margin is positive
- 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 13, 2002
- NT 10-Qmissed a reporting deadline ↗May 15, 2002
- NT 10-Qmissed a reporting deadline ↗Feb 13, 2002
- NT 10-Kmissed a reporting deadline ↗Jan 2, 2002
- NT 10-Qmissed a reporting deadline ↗May 15, 2001
- NT 10-Qmissed a reporting deadline ↗Feb 14, 2001
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.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Koenen Mark SOfficer — VP - Sales and Marketing | Aug 31, 2012 | Option exercise | 7,045 | $3.96 |
| Hendrickson Kenneth DeanOfficer — VP of Manufacturing | Apr 1, 2012 | Tax withholding | 198 | $11.00 |
| Cavanagh Patrick WOfficer — President and CEO | Mar 10, 2012 | Tax withholding | 2,335 | $10.97 |
| Hendrickson Kenneth DeanOfficer — VP of Manufacturing | Sep 18, 2012 | Grant | 3,000 | $10.75 |
| Koenen Mark SOfficer — VP - Sales and Marketing | Sep 18, 2012 | Grant | 4,000 | $10.75 |
| Bunday Dennis EOfficer — CFO, EVP, and Secretary | Sep 18, 2012 | Grant | 8,000 | $10.75 |
| Cavanagh Patrick WOfficer — President and CEO | Sep 18, 2012 | Grant | 12,000 | $10.75 |
| Bunday Dennis EOfficer — CFO, EVP, and Secretary | Jul 10, 2012 | Option exercise | 10,000 | $3.96 |
| Cavanagh Patrick WOfficer — President and CEO | Jul 10, 2012 | Option exercise | 31,000 | $7.20 |
| Cavanagh Patrick WOfficer — President and CEO | Jul 5, 2012 | Option exercise | 35,000 | $7.20 |
| Koenen Mark SOfficer — VP - Sales and Marketing | Jul 3, 2012 | Option exercise | 9,621 | $3.96 |
| Bunday Dennis EOfficer — CFO, EVP, and Secretary | Jul 3, 2012 | Option exercise | 21,000 | $3.96 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Material events
SEC Form 8-K · most recent- Completed an acquisition or disposition · Delisting / listing-standard notice · Unregistered equity sale · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylaws · Other material eventDec 18, 2012
- Entered a material agreementNov 2, 2012
- Entered a material agreement · Delisting / listing-standard notice · Modified shareholder rights · Other material eventNov 2, 2012
- Results of operationsAug 10, 2012
- Director / officer changeMay 10, 2012
- Results of operationsMay 9, 2012
- Shareholder voteFeb 23, 2012
- Results of operationsFeb 9, 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 ↗- 15-12GFORM 15Dec 20, 2012
- S-8 POSPOST-EFFECTIVE AMENDMENT NO. 1 TO REGISTRATION STATEMENT ON FORM S-8Dec 20, 2012
- S-8 POSPOST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-8Dec 20, 2012
- 8-KFORM 8-KDec 18, 2012
- 25-NSEDec 18, 2012
- SC 13D/ADec 17, 2012
- SC 13D/ASCHEDULE 13DDec 17, 2012
- SC 14D9/AAMENDMENT NO.2 TO SCHEDULE 14D9Dec 17, 2012
- SC TO-T/ASCHEDULE TODec 17, 2012
- SC 14F1INFORMATION STATEMENT PURSUANT TO SECTION 14(F)Dec 13, 2012
- SC TO-T/ASCHEDULE TODec 12, 2012
- 10-KFORM 10-KDec 12, 2012
- 4OWNERSHIP DOCUMENTDec 7, 2012
- 4OWNERSHIP DOCUMENTDec 7, 2012
- 4OWNERSHIP DOCUMENTDec 7, 2012