CYBERONICS INC
Healthcare · Electromedical & Electrotherapeutic Apparatus · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY15 | FY14 | FY13 | FY12 | FY11 | FY10 | |
|---|---|---|---|---|---|---|
| Revenue | $72.1M | $282.0M | $254.3M | $218.5M | $190.5M | $167.8M |
| Operating income | $88.7M | $80.0M | $78.3M | $60.9M | $49.2M | $36.9M |
| Net income | $16.5M | $13.9M | $46.4M | $36.1M | $46.7M | — |
| Total assets | $315.9M | $294.2M | $264.0M | $211.9M | $211.5M | — |
| Total liabilities | $39.4M | $35.1M | $34.5M | $28.4M | $36.0M | — |
| Equity | $276.6M | $259.1M | $229.6M | $183.5M | $175.5M | $110.9M |
| EPS (diluted) | $0.62 | $0.51 | $1.66 | $1.28 | $1.64 | $2.67 |
| Shares out. | 26.0M | 26.7M | 27.5M | 27.4M | 28.3M | 28.7M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2015- Operating margin
- 123.0%
- Net margin
- 23.0%
- Return on equity
- 6.0%
- Return on assets
- 5.2%
- Return on capital (ROCE)
- 31.2%
- Liabilities / assets
- 12.5%
- Debt / equity
- 0.14×
- Book value / share
- $10.63
- Revenue growth (YoY)
- −74.4%
- Net income growth (YoY)
- 19.0%
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 · FY2015- Altman Z″ (distress)
- 14.41safe
- Accruals / assets
- −20.0%clean
- Beneish M-Score
- -1.74elevated
- 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 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● 2 warning● 5 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Revenue declined year-over-year
- Beneish M-Score elevated — earnings-manipulation screen flag
- Operating margin is positive
- Conservative leverage (liabilities < 50% of assets)
- Positive operating cash flow
- Clean earnings (low accruals)
- Altman Z″ in the safe zone
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 ↗Sep 1, 2006
- NT 10-Kmissed a reporting deadline ↗Jul 13, 2006
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- Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylawsOct 19, 2015
- Director / officer changeOct 16, 2015
- Shareholder vote · Other material eventSep 22, 2015
- Other material eventSep 10, 2015
- Other material eventSep 9, 2015
- Other material eventAug 20, 2015
- Results of operationsAug 20, 2015
- Results of operations · Other material eventJun 4, 2015
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.