TOROTEL INC
Technology · Electronic Coils, Transformers & Other Inductors · MO · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | |
|---|---|---|---|---|---|---|
| Revenue | $26.1M | $20.6M | $18.4M | $16.3M | $16.2M | $13.6M |
| Operating income | $885,000 | $767,000 | −$1.3M | −$389,000 | $857,000 | $313,000 |
| Net income | $714,000 | $642,000 | −$2.0M | −$261,000 | $504,000 | $120,000 |
| Total assets | $13.4M | $9.0M | $7.7M | $8.3M | $7.7M | $7.5M |
| Total liabilities | — | — | — | — | — | — |
| Equity | $5.4M | $4.6M | $3.8M | $5.7M | $5.9M | $5.4M |
| EPS (diluted) | $0.12 | $0.11 | $-0.38 | $-0.05 | $0.10 | $0.02 |
| Shares out. | 6.0M | 6.0M | 6.0M | 6.0M | 5.6M | 5.6M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2020- Operating margin
- 3.4%
- Net margin
- 2.7%
- Return on equity
- 13.2%
- Return on assets
- 5.3%
- Return on capital (ROCE)
- 9.5%
- Liabilities / assets
- —
- Debt / equity
- —
- Book value / share
- $0.91
- Revenue growth (YoY)
- 27.1%
- Net income growth (YoY)
- 11.2%
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 · FY2020- Accruals / assets
- −8.1%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● 4 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating margin is positive
- Revenue is growing year-over-year
- 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 ↗Mar 16, 2005
- NT 10-Qmissed a reporting deadline ↗Dec 14, 2004
- NT 10-Qmissed a reporting deadline ↗Sep 14, 2004
- NT 10-Kmissed a reporting deadline ↗Jul 29, 2004
- NT 10-Kmissed a reporting deadline ↗Jul 26, 2002
- NT 10-Kmissed a reporting deadline ↗Jul 29, 1999
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 · Change in control · Director / officer change · Shareholder voteNov 10, 2020
- Shareholder voteOct 8, 2020
- Entered a material agreement · Director / officer change · Regulation FD disclosureSep 23, 2020
- Entered a material agreement · New financial obligationApr 21, 2020
- Terminated a material agreement · Regulation FD disclosureApr 2, 2020
- Shareholder voteFeb 19, 2020
- Entered a material agreement · Director / officer change · Regulation FD disclosureDec 3, 2019
- Shareholder voteSep 19, 2019
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 ↗- 4FORM 4 -Nov 25, 2020
- 15-12BNov 16, 2020
- 4FORM 4 -Nov 12, 2020
- 4FORM 4 -Nov 12, 2020
- 4PRIMARY DOCUMENTNov 12, 2020
- 8-KFORM 8-KNov 10, 2020
- DEFA14AOct 26, 2020
- DEFM14AOct 19, 2020
- 8-KFORM 8-KOct 8, 2020
- PREM14AOct 1, 2020
- 8-KFORM 8-KSep 23, 2020
- DEFA14AFORM 8-KSep 23, 2020
- 10-QSep 11, 2020
- DEFA14AAug 27, 2020
- DEF 14AAug 27, 2020