Assay

Financial-condition grades for SEC filers

Company Report · as of Oct 9, 2026

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MethodCoverageAbout
Bio Green Med Solution, Inc.BGMS · shops
GradeNonecomputable_factors_below_threshold: 4 of 14 inputs computable; 7 are required
Reliability0.76 AUCfailure model, filers with under $12.5M assets; 95% interval 0.65 to 0.86; 63 events, 2020 to 2025
Peer failure rate0.60% a yearItem 1.03 bankruptcies, same asset band, 2012 to 2025
Size bandunder $12.5M assetstotal assets $8.2M[1]
Standard universeoutsiderevenue above $1M and assets above $10M[1-2]
Warningslate filer, thin data, degenerate inputsnot computable: dilution, distress, fortress balance sheet
Inputs computable4 of 14
Graded fromfilings received through Mar 30, 2026193 days before the rescan; every figure keyed to the SEC receipt date
Last close$0.882026-10-02; market equity $0; iex feed
Price used in gradeNone
Share price, twelve months to the rescansplit-adjusted close; a lollipop at every rescan carries the letter held then; baseline ticks are SEC receipt dates of the inputs; ranges and dragging scroll the full history
$5NovDecJanFebMarAprMayJunJulAugSepOct$0.82
ABCDE20132014201520162017201820192020202120222023202420252026

Percentile at every rescan on file, Jan 21, 2012 to Oct 9, 2026; stronger toward the top. Hover for the date.

Open this report as it stood on

Letter setLetterPercentileBand
Jan 21, 2012nonen/a
Apr 21, 2012nonen/aQ2
Mar 21, 2024nonen/aQ1

Each date opens the report as it stood on that rescan.

Business, in the company's words. Opening of Item 1 of the 10-K received Mar 30, 2026; the document on sec.gov.

following Business Section contains forward-looking statements. Our actual results could differ materially from those anticipated in these forward-looking statements as a result of certain risks, uncertainties and other factors including the risk factors set forth in

Warnings [top]

Late filer. found 1 NT 10-K/Q filings in the last eight quarters
Thin data. 4 of 14 grade factors are computable; minimum is 7
Degenerate inputs. latest revenue or assets are at or below the $100,000 validity floor[1-2]

7 checks ran; none of them enters the letter. The checks are listed on the warnings screen.

The Fourteen Inputs [top]

Lower percentile is stronger. Source numbers open the SEC filing; a range that spans filings opens the sources table.

InputPercentile, 0 to 100ValueSourcePeer medianPercentilePeersPeriod end
Profitability, sleeve percentile 100.0
Gross profitabilitynot computable42.6%
one or more required annual facts are missing
Return on invested capitalnot computable10.9%
one or more required annual facts are missing
Accruals ratio28.9%[1,3-5](4.9%)100.02872025-12-31
Gross margin stability, five yearsnot computable1.2 pts
five annual gross margins are required; found 0
Solvency, sleeve percentile 52.3
Twelve-month failure probabilitynot computable0.04%
firm-wide XBRL shares cannot be assigned to one ticker class
Altman Z double-prime(178.61)[1,6-11]1.9299.52082025-12-31
Net debt to EBITDAnot computable1.84x
one or more required annual facts are missing
Interest coveragenot computable2.26x
one or more required annual facts are missing
Current ratio4.70x[6-7]1.37x5.12952025-12-31
Growth and financing, sleeve percentile 98.2
Revenue growth, three-year compoundnot computable1.5%
current value must be positive and the base must exceed $100,000
Free cash flow growth, three-year compoundnot computable5.6%
current FCF must be positive and base FCF must exceed $100,000
Reinvestment ratenot computable7.3%
NOPAT must exceed $100,000
Asset growth, three years(33.7%)[1,5,12-13]3.4%98.22722025-12-31
Net share issuance, one yearnot computable(0.6%)
firm-wide XBRL shares cannot be assigned to one ticker class

Gross profitability. Revenue less cost of goods sold, over total assets.

Accruals ratio. Net income less operating cash flow, over average assets; lower is stronger.

Gross margin stability, five years. Standard deviation of gross margin; lower is stronger.

Twelve-month failure probability. CHS model; lower is stronger.

Net debt to EBITDA. Lower is stronger.

Net share issuance, one year. Split-adjusted; lower is stronger.

Among 258 Peers [top]

What the Price Implies [top]

Market measures at the 2026-10-02 close. None enters the grade. Percentile among graded peers with the same measure.

MeasureValuePeer medianPercentileReading
Twelve-month price change, skipping the latest month(82.5%)(0.1%)3hotter than 3 of 100 peers
Distance from 52-week high(86.2%)(24.1%)4closer to its high than 4 of 100 peers
EBIT to enterprise valuenot computable5.3%required accounting or market input is missing
Free cash flow yieldnot computable4.2%required accounting or market input is missing
Book value to pricenot computable0.36required accounting or market input is missing
Sales to pricenot computable1.75required accounting or market input is missing
Composite equity issuance, five yearsnot computable(16.7%)required accounting or market input is missing
Relative strength against the sector, log excess return(1.72)0.023ahead of 3 of 100 peers

Inputs: EBIT -$8.4M; free cash flow -$16.1M; book equity $7.2M; sales $0; cash $3.8M[14].

Diagnostics [top]

Diagnostics do not feed the grade.

Piotroski F-score: None of 9, period end 2025-12-31
Return on assets above zero(73.2%)✗ fail[3,5]
Operating cash flow above zero-$4.8M✗ fail[4]
Return on assets improved54.1 pts✓ pass[3,5,12,15]
Operating cash flow exceeds net income-$1.8M✗ fail[3-4]
Long-term leverage felln/a[1,5,12]
Current ratio improved411.1 pts✓ pass[6-7,16-17]
No new shares issuedn/a
Gross margin improvedn/a
Asset turnover improved(0.5 pts)✗ fail[2,5,12,18]
Cash, filings, liquidity
Cash and equivalents$3.8M[19]
Operating cash flow, four quarters-$1.1M[4,19-23]
Months of runway41.5
Late filings, two years1
NT 10-K or NT 10-Q
Days since last periodic filing56
10-Q received Aug 14, 2026
Median daily dollar volume$15,464
63 sessions
Days since newest grade input193

Downloads [top]

Sources [top]

Every citation on this page. Filing opens the SEC index page for that submission; viewer opens the SEC interactive data for the same filing; series opens the SEC XBRL API record for that tag and company.

#ConceptXBRL tagValuePeriod endReceivedFormLinks
1assetsus-gaap:Assets$8.2M2025-12-312026-03-3010-Kfiling · viewer · series
2revenueus-gaap:Revenues$02025-12-312026-03-3010-Kfiling · viewer · series
3net incomeus-gaap:NetIncomeLoss-$3.0M2025-12-312026-03-3010-Kfiling · viewer · series
4operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities-$4.8M2025-12-312026-03-3010-Kfiling · viewer · series
5assetsus-gaap:Assets$4.1M2024-12-312026-03-3010-Kfiling · viewer · series
6current assetsus-gaap:AssetsCurrent$6.3M2025-12-312026-03-3010-Kfiling · viewer · series
7current liabilitiesus-gaap:LiabilitiesCurrent$1.3M2025-12-312026-03-3010-Kfiling · viewer · series
8retained earningsus-gaap:RetainedEarningsAccumulatedDeficit-$454.4M2025-12-312026-03-3010-Kfiling · viewer · series
9operating incomeus-gaap:OperatingIncomeLoss-$8.4M2025-12-312026-03-3010-Kfiling · viewer · series
10book equityus-gaap:StockholdersEquity$6.8M2025-12-312026-03-3010-Kfiling · viewer · series
11liabilitiesus-gaap:Liabilities$1.3M2025-12-312026-03-3010-Kfiling · viewer · series
12assetsus-gaap:Assets$8.8M2023-12-312025-11-2610-K/Afiling · viewer · series
13assetsus-gaap:Assets$28.1M2022-12-312024-03-2110-Kfiling · viewer · series
14shares outstandingdei:EntityCommonStockSharesOutstanding6,622,7942026-08-112026-08-1410-Qfiling · viewer · series
15net incomeus-gaap:NetIncomeLoss-$11.2M2024-12-312026-03-3010-Kfiling · viewer · series
16current assetsus-gaap:AssetsCurrent$3.7M2024-12-312026-03-3010-Kfiling · viewer · series
17current liabilitiesus-gaap:LiabilitiesCurrent$6.3M2024-12-312026-03-3010-Kfiling · viewer · series
18revenueus-gaap:RevenueFromContractWithCustomerIncludingAssessedTax$43,0002024-12-312026-03-3010-Kfiling · viewer · series
19cashus-gaap:CashAndCashEquivalentsAtCarryingValue$3.8M2026-06-302026-08-1410-Qfiling · viewer · series
20operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities-$630,0002026-06-302026-08-1410-Qfiling · viewer · series
21operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities-$278,0002026-03-312026-05-1510-Qfiling · viewer · series
22operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities-$4.7M2025-09-302025-11-1310-Qfiling · viewer · series
23operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities-$4.3M2025-06-302026-08-1410-Qfiling · viewer · series

Limitations [top]

Peer group. Sector assignment from four-digit SIC codes, hand-tuned and published. The grade under three alternative peer policies is tabled above.

Size. Within a sector the letter tracks size. Among graded filers in the smallest asset band, 72% grade E and 0% grade A; in the largest, 13% grade E and 21% grade A. Universe as of Oct 9, 2026.

Failure model. filings 2012-01-01 to 2019-12-31 fit, filings 2020-01-01 to 2025-12-31 test; status post hoc pending confirmation. pre-registered on 2026 filings once their 12-month outcome windows close; supported if the paired per-quintile gain over the pooled model has a lower bound above 0.05.

Input validity. Revenue or total assets at or below $100,000 sets the degenerate-inputs flag. An input whose denominator is at or below $100,000 is left not computable rather than ranked.

Returns. No input on this page has a post-2015 confidence interval on returns that excludes zero. The grade ranks reported financial condition and is not a return forecast.

Informational and educational only. Not investment advice. SEC and market data may contain errors.

If you have any comments about this page, the methodology and every line of code that produced it are in the public repository. However, due to the limited number of personnel, we are unable to provide a direct response.

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Source
GitHub · ezrakruger.cc
Photographs from Wikimedia Commons

bull: Raphael Schön from Vienna, Austria, CC BY 2.0; bear: U. S. Fish and Wildlife Service - Northeast Region, Public domain; elk: Oregon Department of Fish & Wildlife, Public domain; tortoise: NPS, Public domain; sloth: Charles J. Sharp, CC BY-SA 3.0; fox: Cp9asngf, CC BY-SA 4.0; sector-business_equipment: Sangitiana Fararano, CC BY-SA 2.0; sector-healthcare: User:Squidonius, myself, and User:Beliason (assumed)., CC BY-SA 4.0; sector-manufacturing: unknown, CC BY-SA 2.0; sector-shops: Wilfredor, CC BY-SA 4.0; sector-consumer_nondurables: Nielsoncaetanosalmeron, CC BY 4.0; sector-utilities: Lijovklm, CC BY-SA 4.0; sector-consumer_durables: Stilfehler, CC BY-SA 4.0; sector-chemicals: PEO ACWA, CC BY 2.0; sector-energy: Arne Hückelheim, CC BY-SA 3.0; sector-telecom: Wikideas1, CC0; sector-other: Downtowngal, CC BY-SA 4.0.

Updated Oct 9, 2026