ROYALE ENERGY FUNDS, INC
Energy · Crude Petroleum & Natural Gas · CA · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | |
|---|---|---|---|---|---|---|
| Revenue | $1.0M | $1.2M | $1.7M | $3.2M | $2.6M | $2.4M |
| Operating income | −$2.3M | −$4.8M | −$2.9M | −$2.1M | $1.5M | −$4.3M |
| Net income | −$2.4M | −$4.1M | −$2.0M | −$2.2M | $1.1M | −$13.7M |
| Total assets | $6.2M | $8.4M | $11.7M | $13.6M | $14.8M | $13.1M |
| Total liabilities | $13.1M | $12.9M | $13.9M | $14.7M | $13.8M | $16.8M |
| Equity | −$6.9M | −$4.5M | −$2.2M | −$1.1M | $993,292 | −$3.8M |
| EPS (diluted) | $-0.11 | $-0.22 | $-0.13 | $-0.14 | $0.08 | $-1.23 |
| Shares out. | 21.8M | 17.6M | 14.9M | 14.9M | 14.9M | 12.5M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2017- Operating margin
- −232.4%
- Net margin
- −240.9%
- Return on equity
- 35.0%
- Return on assets
- −39.3%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 212.5%
- Debt / equity
- —
- Book value / share
- $-0.32
- Revenue growth (YoY)
- −17.0%
- 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 · FY2017- Altman Z″ (distress)
- -36.81distress
- Accruals / assets
- −19.9%clean
- Piotroski F-Score
- 4/9mixed
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. What these scores mean →
Signs
● 3 severe● 5 warning● 2 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- Revenue declined year-over-year
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Strong return on equity (>15%)
- 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-Kmissed a reporting deadline ↗Mar 29, 2013
- NT 10-Kmissed a reporting deadline ↗Apr 1, 2008
- NT 10-Kmissed a reporting deadline ↗Apr 2, 2007
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2006
- NT 10-Qmissed a reporting deadline ↗Nov 15, 2005
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2005
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 · Amended charter or bylaws · Other material eventMar 9, 2018
- Other material eventFeb 26, 2018
- Entered a material agreementFeb 15, 2018
- Entered a material agreementFeb 2, 2018
- Other material eventJan 17, 2018
- Entered a material agreement · Other material eventJan 4, 2018
- Entered a material agreementDec 1, 2017
- Shareholder voteNov 16, 2017
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 (2)
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