SILVERTON ENERGY, INC.
SLTNdata completeness 50%6 fiscal years on fileData notes: no data for concept 'revenue'; no data for concept 'capex'; no data for concept 'totalDebt'; no data for concept 'incomeTaxExpense'; no data for concept 'pretaxIncome'
i. The business — what you’d actually own
| Figure | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 |
|---|---|---|---|---|---|
| Revenue | — | — | — | — | — |
| Net income | −$13,9951 | −$16,5621 | −$23,5391 | −$235,7731 | −$138,7141 |
| Operating cash flow | −$8,6412 | −$8,0123 | −$16,8294 | −$175,5735 | −$54,6565 |
| Capital expenditure | — | — | — | — | — |
| Free cash flow (derived) | — | — | — | — | — |
| Total debt | — | — | — | — | — |
| Cash & equivalents | $2,7266 | $5,1147 | $8448 | $11,8908 | — |
| Diluted shares | 11.0M | 1.73B | 446.1M | 52.4M | 52.4M |
Superscripts are receipts. Each links to the SEC filing the number came from (full list at the bottom).
ii. Your slice — ownership made literal
If you owned
shares
Net assets behind them
−$0.06
your share of equity
Profit it earned you last year
−$0.03
Free cash flow it threw off
—
Debt you’d be carrying
—
10 shares is a claim on −$0.06 of net worth that earned you −$0.03 last year.
iii. Is this a good business?
Moat signal · return on equity
— avg · 5y
Not enough data in the filings for a return-on-capital reading.
seeing a moat in the numbers →Management signal · capital allocation
+377% shares · 5y
Share count is up 377% over 5 years — owners have been diluted. Worth asking what they got for it.
reading capital allocation →Signals, not verdicts — read from the filings above. Numbers don’t prove a moat; they show its footprint. You decide.
iv. What it’s worth — engine v0.1.0
DCF · Growth Exit 10Y
not applicable
only 0 years of FCF (need ≥3) — model not applicable
DCF · Growth Exit 5Y
not applicable
only 0 years of FCF (need ≥3) — model not applicable
Earnings Power Value
not applicable
normalized (5y-median) earnings non-positive — EPV undefined
Graham Number
not applicable
diluted EPS missing or non-positive — Graham Number undefined
Different models answer different questions — which to trust when →
Sources — the receipts
- 10-K/A · period ending 2011-09-30 · accession 0001640334-17-000371 (NetIncomeLoss)
- 10-K · period ending 2011-09-30 · accession 0001494733-12-000316 (NetCashProvidedByUsedInOperatingActivities)
- 10-K · period ending 2012-09-30 · accession 0001424884-14-000008 (NetCashProvidedByUsedInOperatingActivities)
- 10-K · period ending 2013-09-30 · accession 0001424884-15-000012 (NetCashProvidedByUsedInOperatingActivities)
- 10-K/A · period ending 2014-09-30 · accession 0001640334-17-000371 (NetCashProvidedByUsedInOperatingActivities)
- 10-K · period ending 2011-09-30 · accession 0001424884-14-000008 (CashAndCashEquivalentsAtCarryingValue)
- 10-K · period ending 2012-09-30 · accession 0001424884-15-000012 (CashAndCashEquivalentsAtCarryingValue)
- 10-K/A · period ending 2013-09-30 · accession 0001640334-17-000371 (CashAndCashEquivalentsAtCarryingValue)