Event-Driven Stocks

SUNPOWER CORP

Technology · Semiconductors & Related Devices · DE · SEC filings ↗ · Compare ⊕

Signs● 1 good● 4 warning● 2 severedetails ↓

Financials

SEC XBRL · annual
 FY23FY22FY21FY20FY19FY18
Revenue$1.74B$1.13B$870.0M$290.5M$1.09B$1.20B
Operating income−$492,000$14.8M−$7.5M—$60.6M−$303.2M
Net income$56.0M−$37.4M$475.0M−$1.4M$22.2M−$811.1M
Total assets$1.78B$1.55B$1.65B—$2.17B$2.35B
Total liabilities$1.20B$1.16B$1.24B—$2.15B$2.50B
Equity$574.9M$388.4M$404.2M—$10.2M−$208.7M
EPS (diluted)$0.32$-0.22$2.48$-0.01$0.22$-5.76
Shares out.174.9M173.1M170.6M168.4M141.4M139.9M

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

Key ratios

from filings · FY2023
Operating margin
−0.0%
Net margin
3.2%
Return on equity
9.7%
Return on assets
3.1%
Return on capital (ROCE)
−0.1%
Liabilities / assets
67.7%
Debt / equity
2.10×
Book value / share
$3.29
Revenue growth (YoY)
53.8%
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 · FY2023
Altman Z″ (distress)
-2.48distress
Accruals / assets
13.3%high accruals
Beneish M-Score
-1.52elevated
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 Score
49
/ 100
Profitability 60Growth 100Catalyst 33Earnings quality 0Financial strength 50

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.

Signs

● 2 severe● 4 warning● 1 good
  • Altman Z″ in the distress zone
  • Filed a late-filing notice (Form NT) — missed an SEC deadline
  • Operating losses (negative operating margin)
  • Negative operating cash flow
  • High accruals — earnings-quality risk
  • Beneish M-Score elevated — earnings-manipulation screen flag
  • Revenue is growing year-over-year

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 (3)