Assay
Financial-condition grades for SEC filers
Company Report · as of Oct 9, 2026
|
| Outdoor Holding Co.POWW · other | |
|---|---|
| Grade |  D/Eon the D/E boundary of 336 graded peers; percentile 79.6, sampling error 2.6 points; lower is stronger |
| Rank | 267 of 336 |
| Profitability | D/Epercentile 80.5 |
| Solvency | Apercentile 9.9 |
| Growth and financing | Epercentile 88.8 |
| Reliability | 0.87 AUCfailure model, filers with $120M to $591M assets; 95% interval 0.83 to 0.90; 206 events, 2020 to 2025 |
| Peer failure rate | 1.03% a yearItem 1.03 bankruptcies, same asset band, 2012 to 2025 |
| Size band | $120M to $591M assetstotal assets $267.5M[1] |
| Standard universe | insiderevenue above $1M and assets above $10M[1-2] |
| Warnings | late filernot computable: dilution, distress, fortress balance sheet |
| Inputs computable | 7 of 14 |
| Graded from | filings received through Jun 22, 2026109 days before the rescan; every figure keyed to the SEC receipt date |
| Last close | $2.252026-10-08; market equity $0; iex feed |
| Price used in grade | None |
| 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 | ||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | ||||||||||||||||||||||||||||||||||||
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 Jun 22, 2026; the document on sec.gov.
Outdoor Holding Company ("Outdoor Holding," "we," "us," "our" or the "Company") began its operations in 2017 as a producer of high-performance ammunition and premium components. Following the acquisition of the GunBroker business ("GunBroker") in 2021, we conducted operations through two operating and reportable segments: Ammunition segment and Marketplace segment. The Ammunition segment engaged in the design, production and marketing of ammunition, ammunition components and related products.
Warnings [top]
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.
| Input | Percentile, 0 to 100 | Value | Source | Peer median | Percentile | Peers | Period end |
|---|---|---|---|---|---|---|---|
| Profitability, sleeve percentile 80.5 | |||||||
| Gross profitability | 16.7% | [1,3] | 27.1% | 68.9 | 289 | 2026-03-31 | |
| Return on invested capital | not computable | 10.0% | |||||
| required facts have no common fiscal period end | |||||||
| Accruals ratio | (1.6%) | [1,4-6] | (5.9%) | 78.7 | 506 | 2026-03-31 | |
| Gross margin stability, five years | 19.8 pts | [2-3,7-14] | 2.2 pts | 93.8 | 204 | 2026-03-31 | |
| Solvency, sleeve percentile 9.9 | |||||||
| Twelve-month failure probability | not computable | 0.04% | |||||
| firm-wide XBRL shares cannot be assigned to one ticker class | |||||||
| Altman Z double-prime | 6.36 | [1,15-20] | 2.05 | 9.7 | 386 | 2026-03-31 | |
| Net debt to EBITDA | not computable | 2.52x | |||||
| required facts have no common fiscal period end | |||||||
| Interest coverage | not computable | 2.18x | |||||
| latest aligned inputs end 2017-12-31; latest annual assets end 2026-03-31 | |||||||
| Current ratio | 3.96x | [15-16] | 1.32x | 10.0 | 506 | 2026-03-31 | |
| Growth and financing, sleeve percentile 88.8 | |||||||
| Revenue growth, three-year compound | (6.8%) | [2,8,10,12] | 5.1% | 85.2 | 403 | 2026-03-31 | |
| Free cash flow growth, three-year compound | not computable | 8.7% | |||||
| current FCF must be positive and base FCF must exceed $100,000 | |||||||
| Reinvestment rate | not computable | 11.9% | |||||
| pretax income must exceed the validity floor and imply a 0%-100% tax rate | |||||||
| Asset growth, three years | (13.5%) | [1,6,21-22] | 4.1% | 92.3 | 438 | 2026-03-31 | |
| Net share issuance, one year | not computable | (0.4%) | |||||
| 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.
Sleeves are equal-weighted; within a sleeve each computable input carries equal weight. Composite 0.201; sampling error 2.6 percentile points on 336 peers.
Among 336 Peers [top]
Composite score of every graded peer, smoothed. Vertical rules are the letter band edges at the 20th, 40th, 60th and 80th percentiles. Small dots are the six largest peers by market equity.
| Rank | Company | Percentile | Letter | Warnings |
|---|---|---|---|---|
| 262 | WEX Inc. (WEX) WEX Inc. (WEX) D/Eon the D/E boundary; percentile 77.9 NYSE · Services-Business Services, NEC market equity $5.9B; last close $174.31 No active warnings; 11 of 14 inputs | 77.9 | D/E | |
| 263 | Treasure Global Inc. (TGL) Treasure Global Inc. (TGL) D/Eon the D/E boundary; percentile 78.2 Nasdaq · Services-Business Services, NEC market equity $2.1M; last close $1.26 Warnings: dilution, late filer; 7 of 14 inputs | 78.2 | D/E | dilution, late filer |
| 264 | Mplx L.P. (MPLX) Mplx L.P. (MPLX) D/Eon the D/E boundary; percentile 78.5 NYSE · Pipe Lines (No Natural Gas) market equity $58.1B; last close $57.33 No active warnings; 7 of 14 inputs | 78.5 | D/E | |
| 265 | Plains GP Holdings L.P. (PAGP) Plains GP Holdings L.P. (PAGP) D/Eon the D/E boundary; percentile 78.8 Nasdaq · Pipe Lines (No Natural Gas) market equity $5.3B; last close $26.57 No active warnings; 10 of 14 inputs | 78.8 | D/E | |
| 266 | Angi Inc. (ANGI) Angi Inc. (ANGI) D/Eon the D/E boundary; percentile 79.1 Nasdaq · Services-Advertising last close $6.26 Warnings: fortress balance sheet; 7 of 14 inputs | 79.1 | D/E | fortress balance sheet |
| 267 | Outdoor Holding Co. (POWW) Outdoor Holding Co. (POWW) D/Eon the D/E boundary; percentile 79.6 Nasdaq · Services-Business Services, NEC last close $2.25 Warnings: late filer; 7 of 14 inputs | 79.6 | D/E | late filer |
| 268 | Outdoor Holding Co. (POWWP) Outdoor Holding Co. (POWWP) D/Eon the D/E boundary; percentile 79.6 Nasdaq · Services-Business Services, NEC last close $24.46 Warnings: late filer; 7 of 14 inputs | 79.6 | D/E | late filer |
| 269 | Universal Logistics Holdings, Inc. (ULH) Universal Logistics Holdings, Inc. (ULH) D/Eon the D/E boundary; percentile 80.0 Nasdaq · Trucking (No Local) market equity $457.7M; last close $17.40 No active warnings; 8 of 14 inputs | 80.0 | D/E | |
| 270 | McEwen Inc. (MUX) McEwen Inc. (MUX) D/Eon the D/E boundary; percentile 80.3 NYSE · Gold and Silver Ores market equity $1.1B; last close $17.32 Warnings: late filer; 10 of 14 inputs | 80.3 | D/E | late filer |
| 271 | Skywest Inc. (SKYW) Skywest Inc. (SKYW) D/Eon the D/E boundary; percentile 80.6 Nasdaq · Air Transportation, Scheduled market equity $3.8B; last close $96.76 No active warnings; 7 of 14 inputs | 80.6 | D/E | |
| 272 | Beazer Homes USA Inc. (BZH) Beazer Homes USA Inc. (BZH) D/Eon the D/E boundary; percentile 80.9 NYSE · Operative Builders market equity $891.4M; last close $33.45 No active warnings; 8 of 14 inputs | 80.9 | D/E |
| Peer policy | Letter | Percentile | Peers |
|---|---|---|---|
| all graded filers, equal sleeves | D/E | 80.4 | 2204 |
| sector peers, equal sleeves (the grade) | D/E | 79.6 | 336 |
| same exchange, equal sleeves | D/E | 80.1 | 1219 |
| sector peers, equal inputs | E | 87.0 | 336 |
Each letter is one fifth of the 336 graded peers, about 67 companies. A boundary letter (A/B, B/C, C/D, D/E) marks a percentile within one sampling error of a band edge.
What the Price Implies [top]
Market measures at the 2026-10-08 close. None enters the grade. Percentile among graded peers with the same measure.
| Measure | Value | Peer median | Percentile | Reading |
|---|---|---|---|---|
| Twelve-month price change, skipping the latest month | 45.9% | 2.0% | 82 | hotter than 82 of 100 peers |
| Distance from 52-week high | (12.1%) | (26.8%) | 77 | closer to its high than 77 of 100 peers |
| EBIT to enterprise value | not computable | 4.4% | required accounting or market input is missing | |
| Free cash flow yield | not computable | 4.1% | required accounting or market input is missing | |
| Book value to price | not computable | 0.34 | required accounting or market input is missing | |
| Sales to price | not computable | 0.70 | required accounting or market input is missing | |
| Composite equity issuance, five years | not computable | (8.8%) | required accounting or market input is missing | |
| Relative strength against the sector, log excess return | 0.23 | (0.13) | 82 | ahead of 82 of 100 peers |
Inputs: EBIT -$6.3M; free cash flow -$1.9M; book equity $236.0M; sales $51.1M; debt $20.0M; cash $68.8M[23].
Diagnostics [top]
Diagnostics do not feed the grade.
| Piotroski F-score: None of 9, period end 2026-03-31 | ||
|---|---|---|
| Return on assets above zero | (1.2%) | ✗ fail[4,6] |
| Operating cash flow above zero | $963,847 | ✓ pass[5] |
| Return on assets improved | 31.3 pts | ✓ pass[4,6,21,24] |
| Operating cash flow exceeds net income | $4.5M | ✓ pass[4-5] |
| Long-term leverage fell | n/a[1,6,21] | |
| Current ratio improved | 279.5 pts | ✓ pass[15-16,25-26] |
| No new shares issued | n/a | |
| Gross margin improved | 0.3 pts | ✓ pass[2-3,7-8] |
| Asset turnover improved | 4.9 pts | ✓ pass[2,6,8,21] |
| Cash, filings, liquidity | |
|---|---|
| Cash and equivalents | $68.8M[27] |
| Operating cash flow, four quarters | $12.1M[5,27-31] |
| Months of runway | not finite |
| trailing operating cash flow is nonnegative, so runway is not finite | |
| Late filings, two years | 2 |
| NT 10-K or NT 10-Q | |
| Days since last periodic filing | 60 |
| 10-Q received Aug 10, 2026 | |
| Median daily dollar volume | $1.1M |
| 63 sessions | |
| Days since newest grade input | 109 |
Downloads [top]
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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.
| # | Concept | XBRL tag | Value | Period end | Received | Form | Links |
|---|---|---|---|---|---|---|---|
| 1 | assets | us-gaap:Assets | $267.5M | 2026-03-31 | 2026-06-22 | 10-K | filing · viewer · series |
| 2 | revenue | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax | $51.1M | 2026-03-31 | 2026-06-22 | 10-K | filing · viewer · series |
| 3 | gross profit | us-gaap:GrossProfit | $44.6M | 2026-03-31 | 2026-06-22 | 10-K | filing · viewer · series |
| 4 | net income | us-gaap:NetIncomeLoss | -$3.5M | 2026-03-31 | 2026-06-22 | 10-K | filing · viewer · series |
| 5 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations | $963,847 | 2026-03-31 | 2026-06-22 | 10-K | filing · viewer · series |
| 6 | assets | us-gaap:Assets | $297.3M | 2025-03-31 | 2026-06-22 | 10-K | filing · viewer · series |
| 7 | gross profit | us-gaap:GrossProfit | $42.9M | 2025-03-31 | 2026-06-22 | 10-K | filing · viewer · series |
| 8 | revenue | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax | $49.4M | 2025-03-31 | 2026-06-22 | 10-K | filing · viewer · series |
| 9 | gross profit | us-gaap:GrossProfit | $46.3M | 2024-03-31 | 2025-06-16 | 10-K | filing · viewer · series |
| 10 | revenue | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax | $53.9M | 2024-03-31 | 2025-06-16 | 10-K | filing · viewer · series |
| 11 | gross profit | us-gaap:GrossProfit | $54.0M | 2023-03-31 | 2025-06-16 | 10-K | filing · viewer · series |
| 12 | revenue | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax | $63.1M | 2023-03-31 | 2025-06-16 | 10-K | filing · viewer · series |
| 13 | gross profit | us-gaap:GrossProfit | $88.7M | 2022-03-31 | 2025-05-20 | 10-K/A | filing · viewer · series |
| 14 | revenue | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax | $240.3M | 2022-03-31 | 2025-05-20 | 10-K/A | filing · viewer · series |
| 15 | current assets | us-gaap:AssetsCurrent | $82.0M | 2026-03-31 | 2026-06-22 | 10-K | filing · viewer · series |
| 16 | current liabilities | us-gaap:LiabilitiesCurrent | $20.7M | 2026-03-31 | 2026-06-22 | 10-K | filing · viewer · series |
| 17 | retained earnings | us-gaap:RetainedEarningsAccumulatedDeficit | -$210.5M | 2026-03-31 | 2026-06-22 | 10-K | filing · viewer · series |
| 18 | operating income | us-gaap:OperatingIncomeLoss | -$6.3M | 2026-03-31 | 2026-06-22 | 10-K | filing · viewer · series |
| 19 | book equity | us-gaap:StockholdersEquity | $235.0M | 2026-03-31 | 2026-06-22 | 10-K | filing · viewer · series |
| 20 | liabilities | us-gaap:Liabilities | $32.5M | 2026-03-31 | 2026-06-22 | 10-K | filing · viewer · series |
| 21 | assets | us-gaap:Assets | $403.0M | 2024-03-31 | 2025-06-16 | 10-K | filing · viewer · series |
| 22 | assets | us-gaap:Assets | $413.2M | 2023-03-31 | 2025-05-20 | 10-K/A | filing · viewer · series |
| 23 | shares outstanding | dei:EntityCommonStockSharesOutstanding | 116,015,357 | 2026-08-05 | 2026-08-10 | 10-Q | filing · viewer · series |
| 24 | net income | us-gaap:NetIncomeLoss | -$130.8M | 2025-03-31 | 2026-06-22 | 10-K | filing · viewer · series |
| 25 | current assets | us-gaap:AssetsCurrent | $72.1M | 2025-03-31 | 2026-06-22 | 10-K | filing · viewer · series |
| 26 | current liabilities | us-gaap:LiabilitiesCurrent | $62.1M | 2025-03-31 | 2026-06-22 | 10-K | filing · viewer · series |
| 27 | cash | us-gaap:CashAndCashEquivalentsAtCarryingValue | $68.8M | 2026-06-30 | 2026-08-10 | 10-Q | filing · viewer · series |
| 28 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations | $4.4M | 2026-06-30 | 2026-08-10 | 10-Q | filing · viewer · series |
| 29 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations | $2.2M | 2025-12-31 | 2026-02-09 | 10-Q | filing · viewer · series |
| 30 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations | -$3.5M | 2025-09-30 | 2025-11-10 | 10-Q | filing · viewer · series |
| 31 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations | -$6.7M | 2025-06-30 | 2026-08-10 | 10-Q | filing · viewer · series |
Limitations [top]
Grade boundary. Percentile 79.6 is 0.4 points from the nearest band edge; sampling error is 2.6 points.
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.
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