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International Isotopes (International Isotopes) Piotroski F-Score : 5 (As of May. 03, 2024)


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What is International Isotopes Piotroski F-Score?

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

International Isotopes has an F-score of 5 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for International Isotopes's Piotroski F-Score or its related term are showing as below:

INIS' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 4   Max: 7
Current: 5

During the past 13 years, the highest Piotroski F-Score of International Isotopes was 7. The lowest was 3. And the median was 4.


International Isotopes Piotroski F-Score Historical Data

The historical data trend for International Isotopes's Piotroski F-Score can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

International Isotopes Piotroski F-Score Chart

International Isotopes Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.00 4.00 3.00 4.00 5.00

International Isotopes Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.00 4.00 4.00 5.00 5.00

Competitive Comparison of International Isotopes's Piotroski F-Score

For the Drug Manufacturers - Specialty & Generic subindustry, International Isotopes's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


International Isotopes's Piotroski F-Score Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, International Isotopes's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where International Isotopes's Piotroski F-Score falls into.


How is the Piotroski F-Score calculated?

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

This Year (Dec23) TTM:Last Year (Dec22) TTM:
Net Income was -0.148 + -0.263 + -0.349 + -0.109 = $-0.87 Mil.
Cash Flow from Operations was 0.981 + 0.019 + -0.303 + -0.115 = $0.58 Mil.
Revenue was 3.09 + 3.112 + 2.919 + 3.147 = $12.27 Mil.
Gross Profit was 1.78 + 1.843 + 1.793 + 1.964 = $7.38 Mil.
Average Total Assets from the begining of this year (Dec22)
to the end of this year (Dec23) was
(16.245 + 16.27 + 15.837 + 16.185 + 16.905) / 5 = $16.2884 Mil.
Total Assets at the begining of this year (Dec22) was $16.25 Mil.
Long-Term Debt & Capital Lease Obligation was $3.98 Mil.
Total Current Assets was $5.76 Mil.
Total Current Liabilities was $3.27 Mil.
Net Income was 1.255 + -0.272 + -0.569 + -0.111 = $0.30 Mil.

Revenue was 2.807 + 2.435 + 2.789 + 3.15 = $11.18 Mil.
Gross Profit was 1.677 + 1.401 + 1.484 + 1.729 = $6.29 Mil.
Average Total Assets from the begining of last year (Dec21)
to the end of last year (Dec22) was
(16.327 + 17.053 + 16.552 + 16.866 + 16.245) / 5 = $16.6086 Mil.
Total Assets at the begining of last year (Dec21) was $16.33 Mil.
Long-Term Debt & Capital Lease Obligation was $3.27 Mil.
Total Current Assets was $5.74 Mil.
Total Current Liabilities was $3.52 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

International Isotopes's current Net Income (TTM) was -0.87. ==> Negative ==> Score 0.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

International Isotopes's current Cash Flow from Operations (TTM) was 0.58. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Dec22)
=-0.869/16.245
=-0.05349338

ROA (Last Year)=Net Income/Total Assets (Dec21)
=0.303/16.327
=0.01855822

International Isotopes's return on assets of this year was -0.05349338. International Isotopes's return on assets of last year was 0.01855822. ==> Last year is higher ==> Score 0.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

International Isotopes's current Net Income (TTM) was -0.87. International Isotopes's current Cash Flow from Operations (TTM) was 0.58. ==> 0.58 > -0.87 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Dec23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec22 to Dec23
=3.982/16.2884
=0.24446846

Gearing (Last Year: Dec22)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec21 to Dec22
=3.269/16.6086
=0.19682574

International Isotopes's gearing of this year was 0.24446846. International Isotopes's gearing of last year was 0.19682574. ==> Last year is lower than this year ==> Score 0.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Dec23)=Total Current Assets/Total Current Liabilities
=5.757/3.274
=1.75839951

Current Ratio (Last Year: Dec22)=Total Current Assets/Total Current Liabilities
=5.741/3.515
=1.63328592

International Isotopes's current ratio of this year was 1.75839951. International Isotopes's current ratio of last year was 1.63328592. ==> This year's current ratio is higher. ==> Score 1.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

International Isotopes's number of shares in issue this year was 519.316. International Isotopes's number of shares in issue last year was 514.415. ==> There is larger number of shares in issue this year. ==> Score 0.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=7.38/12.268
=0.60156505

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=6.291/11.181
=0.56265093

International Isotopes's gross margin of this year was 0.60156505. International Isotopes's gross margin of last year was 0.56265093. ==> This year's gross margin is higher. ==> Score 1.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Dec22)
=12.268/16.245
=0.75518621

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec21)
=11.181/16.327
=0.68481656

International Isotopes's asset turnover of this year was 0.75518621. International Isotopes's asset turnover of last year was 0.68481656. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=0+1+0+1+0+1+0+1+1
=5

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

International Isotopes has an F-score of 5 indicating the company's financial situation is typical for a stable company.

International Isotopes  (OTCPK:INIS) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


International Isotopes Piotroski F-Score Related Terms

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International Isotopes (International Isotopes) Business Description

Traded in Other Exchanges
N/A
Address
4137 Commerce Circle, Idaho Falls, ID, USA, 83401
International Isotopes Inc manufactures a full range of nuclear medicine calibration and reference standards, cobalt teletherapy sources, and other sealed sources. International Isotopes also distributes a varied selection of radioisotopes and radiochemicals for medical and clinical research, and pharmacy compounding. International Isotopes's business consists of four business segments: Nuclear Medicine Standards, Cobalt Products, Radiochemical Products, and Fluorine Products. Geographically, it generates the majority of its revenue from the United States.
Executives
W Matthew Cox officer: Chief Financial Officer C/O INTERNATIONAL ISOTOPES INC., 4137 COMMERCE CIRCLE, IDAHO FALLS ID 83401
Shahe Bagerdjian officer: President 4137 COMMERCE CIRCLE, IDAHO FALLS ID 83401
Christopher G Grosso director, 10 percent owner C/O KERSHNER GROSSO & CO, 480 BROADWAY, SARASOTA SPRINGS NY 12866
Robert Atcher director 4137 COMMERCE CIRCLE, IDAHO FALLS ID 83401
Laurie Mckenzie-carter officer: Chief Financial Officer 4137 COMMERCE CIRCLE, IDAHO FALLS ID 83401
Steve Laflin director, officer: Pres. & CEO 1258 E AIRPORT ROAD, BLACKFOOT ID 83221
William W Nicholson 10 percent owner 121 NORTH POST OAK LANE STE 2105, HOUSTON TX 77024
Ralph M Richard director, 10 percent owner 350 SHORE DRIVE, OAKDALE NY 11769
John M Mccormack 10 percent owner 4137 COMMERCE CIRCLE, IDAHO FALLS ID 83401
Walter D Ohearn other: Part of 13D group 1115 5TH AVENUE, NEW YORK NY 10128
Keane Marie C & Keane James Jtwros 10 percent owner