American Resources $AREC Read from its own SEC filings · nothing written, nothing inferred
🫧 Edgar looked up AMERICAN RESOURCES CORPORATION ($AREC). Last filing: 8-K (1.01 Entry into a Material Definitive Agreement), 2026-10-05. 16 event filings (8-K) in the past twelve months. Auditor change (8-K Item 4.01) filed 2026-07-29. Non-reliance (8-K Item 4.02) filed 2026-07-29.
🔖 Exposure: revenue $0K (FY2025), total debt $965K. Experience: revenue down 100.0% on the year; operating margin null, down from -41734.7%. Soundness: equity 56.1% of assets, return on equity 58.4%. Credibility: four or more audited years, moderate weight, marked down from reasonable: on 2026-07-29 the company said earlier statements should no longer be relied on (8-K Item 4.02), and no 10-K has been filed since. Range: 80% of past cases like this landed between $0K and $0K next year (method v3, set from 749 SEC company-years; on a year the method never saw, 83% landed inside). A statistical range, not company guidance.
Cash
| Cash flow (op · inv · fin · free) | — · −$39M · $81M · — |
| Investment book (cash · short · long) | $32M · $40M · — · current ratio 2.19 |
The figures, as filed
| Fiscal year end | 2025-12-31 |
| Revenue | $0M |
| Revenue, on the year | −100.0% |
| Revenue, a year over the record | — |
| Operating margin | — |
| Operating margin, prior year | −41734.7% |
| Net margin | — |
| Research and development | not filed separately |
| Total debt | $1M |
| Equity of assets | 56.1% |
| Return on equity | 58.4% |
| Payout of profit | — |
| Dividend per share | — |
| Earnings per share | $0.63 |
| Book value per share | $1.09 |
| Revenue per share | $0.00 |
| Shares outstanding | 87,274,415 |
| Audited years read | 5 |
Health HarborAmerican Resources sails as: Sound ship
Health watch · 12 monthsLate annual report noticeExchange listing notice or transfer ×3Earlier statements no longer to be relied onLate quarterly report noticeAuditor change ×2Director or officer change
No growth figure to set the speed.
🌊 Visit the Bay →- filed late annual report notice, earlier statements no longer to be relied on, late quarterly report notice, auditor change in the last 12 months
Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider. A picture of the signs, not a rating and not investment advice.
- 8-K · 2026-10-05 · 1.01 Entry into a Material Definitive Agreement; 2.01 Completion of Acquisition or Disposition of Assets; 9.01 Financial Statements and Exhibits
- 8-K · 2026-08-26 · 3.01 Notice of Delisting or Failure to Satisfy a Listing Rule; 9.01 Financial Statements and Exhibits
- 8-K · 2026-07-24 · 4.01 Changes in Registrant's Certifying Accountant; 4.02 Non-Reliance on Previously Issued Financial Statements; 9.01 Financial Statements and Exhibits
- 8-K · 2026-07-24 · 8.01 Other Events
- 8-K · 2026-07-21 · 8.01 Other Events
- 8-K · 2026-06-04 · 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits
Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price. Reporting, not investment advice. No price targets and no trading recommendations. Figures from the SEC’s own data · every filing · this page as JSON · ask about another company