Event-Driven Stocks

ENCISION INC

ECIA

Healthcare · Surgical & Medical Instruments & Apparatus · CO · SEC filings ↗ · Compare ⊕

View price & chart on Yahoo Finance ↗
Signs● 1 good● 4 warning● 2 severedetails ↓

Financials

SEC XBRL · annual
 FY25FY24FY23FY22FY21FY20
Revenue$6.6M$6.6M$7.3M$7.7M$7.5M$7.7M
Operating income−$171,980−$640,783−$302,797−$594,934−$61,641−$156,360
Net income−$220,198−$691,783−$323,945−$65,594$584,734−$198,312
Total assets$3.7M$3.8M$4.1M$4.8M$5.7M$4.7M
Total liabilities$2.0M$2.0M$1.6M$2.0M$2.9M$2.6M
Equity$1.7M$1.8M$2.5M$2.7M$2.8M$2.2M
EPS (diluted)$-0.02$-0.06$-0.03$-0.01——
Shares out.11.9M11.9M11.8M11.7M11.6M11.6M

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

Key ratios

from filings · FY2025
Operating margin
−2.6%
Net margin
−3.4%
Return on equity
−13.3%
Return on assets
−6.0%
Return on capital (ROCE)
−8.2%
Liabilities / assets
55.0%
Debt / equity
1.22×
Book value / share
$0.14
Revenue growth (YoY)
−0.5%
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 · FY2025
Altman Z″ (distress)
-17.82distress
Accruals / assets
−4.5%clean
Beneish M-Score
-2.96normal
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
42
/ 100
Profitability 0Growth 0Catalyst 67Earnings quality 67Financial 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.

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)
  • Reported a net loss
  • Revenue declined year-over-year
  • Negative 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.

5%+ owners

SEC Schedule 13D / 13G · last 3 yrs

Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
May 15, 202622,5201000.00.0%
Apr 30, 202622,5207.7+152.5%
Apr 15, 20268,9191.0+100.0%
Jan 30, 20265,3531.0-50.7%
Jan 15, 202610,8511.8+100.0%

Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.

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)