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Intrusion (Intrusion) Piotroski F-Score : 4 (As of May. 27, 2024)


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What is Intrusion 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

Intrusion has an F-score of 4 indicating the company's financial situation is typical for a stable company.

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

INTZ' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 4   Max: 8
Current: 4

During the past 13 years, the highest Piotroski F-Score of Intrusion was 8. The lowest was 1. And the median was 4.


Intrusion Piotroski F-Score Historical Data

The historical data trend for Intrusion'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.

Intrusion Piotroski F-Score Chart

Intrusion 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 5.00 2.00 3.00 3.00 3.00

Intrusion Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.00 4.00

Competitive Comparison of Intrusion's Piotroski F-Score

For the Software - Infrastructure subindustry, Intrusion'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.


Intrusion's Piotroski F-Score Distribution in the Software Industry

For the Software industry and Technology sector, Intrusion's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Intrusion'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 (Mar24) TTM:Last Year (Mar23) TTM:
Net Income was -3.129 + -3.211 + -2.817 + -1.716 = $-10.87 Mil.
Cash Flow from Operations was -0.963 + -1.504 + -2.988 + -1.114 = $-6.57 Mil.
Revenue was 1.468 + 1.468 + 1.366 + 1.131 = $5.43 Mil.
Gross Profit was 1.138 + 1.144 + 1.076 + 0.905 = $4.26 Mil.
Average Total Assets from the begining of this year (Mar23)
to the end of this year (Mar24) was
(5.208 + 4.677 + 4.721 + 6.248 + 5.732) / 5 = $5.3172 Mil.
Total Assets at the begining of this year (Mar23) was $5.21 Mil.
Long-Term Debt & Capital Lease Obligation was $1.48 Mil.
Total Current Assets was $0.76 Mil.
Total Current Liabilities was $5.42 Mil.
Net Income was -4.065 + -2.916 + -5.194 + -4.734 = $-16.91 Mil.

Revenue was 2.058 + 2.192 + 1.444 + 1.309 = $7.00 Mil.
Gross Profit was 1.142 + 1.197 + 0.904 + 0.996 = $4.24 Mil.
Average Total Assets from the begining of last year (Mar22)
to the end of last year (Mar23) was
(11.416 + 12.542 + 14.355 + 9.275 + 5.208) / 5 = $10.5592 Mil.
Total Assets at the begining of last year (Mar22) was $11.42 Mil.
Long-Term Debt & Capital Lease Obligation was $0.20 Mil.
Total Current Assets was $1.25 Mil.
Total Current Liabilities was $13.84 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.

Intrusion's current Net Income (TTM) was -10.87. ==> 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.

Intrusion's current Cash Flow from Operations (TTM) was -6.57. ==> Negative ==> Score 0.

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 (Mar23)
=-10.873/5.208
=-2.08774962

ROA (Last Year)=Net Income/Total Assets (Mar22)
=-16.909/11.416
=-1.48116678

Intrusion's return on assets of this year was -2.08774962. Intrusion's return on assets of last year was -1.48116678. ==> 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.

Intrusion's current Net Income (TTM) was -10.87. Intrusion's current Cash Flow from Operations (TTM) was -6.57. ==> -6.57 > -10.87 ==> 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: Mar24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar23 to Mar24
=1.482/5.3172
=0.27871812

Gearing (Last Year: Mar23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar22 to Mar23
=0.204/10.5592
=0.01931965

Intrusion's gearing of this year was 0.27871812. Intrusion's gearing of last year was 0.01931965. ==> 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: Mar24)=Total Current Assets/Total Current Liabilities
=0.763/5.419
=0.14080089

Current Ratio (Last Year: Mar23)=Total Current Assets/Total Current Liabilities
=1.253/13.836
=0.09056086

Intrusion's current ratio of this year was 0.14080089. Intrusion's current ratio of last year was 0.09056086. ==> 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.

Intrusion's number of shares in issue this year was 1.865. Intrusion's number of shares in issue last year was 1.054. ==> 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
=4.263/5.433
=0.78464936

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=4.239/7.003
=0.60531201

Intrusion's gross margin of this year was 0.78464936. Intrusion's gross margin of last year was 0.60531201. ==> 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 (Mar23)
=5.433/5.208
=1.04320276

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar22)
=7.003/11.416
=0.61343728

Intrusion's asset turnover of this year was 1.04320276. Intrusion's asset turnover of last year was 0.61343728. ==> 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+0+0+1+0+1+0+1+1
=4

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

Intrusion has an F-score of 4 indicating the company's financial situation is typical for a stable company.

Intrusion  (NAS:INTZ) 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.


Intrusion Piotroski F-Score Related Terms

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Intrusion (Intrusion) Business Description

Traded in Other Exchanges
N/A
Address
101 East Park Boulevard, Suite 1200, Plano, TX, USA, 75074
Intrusion Inc is a cybersecurity company based in Plano, Texas. It is engaged in developing, marketing and supporting a group of entity identification, high-speed data mining, cybercrime and persistent threat detection products. The company's product consists of TraceCop which is for identity discovery and disclosure, Savant for network data mining and persistent threat detection and Compliance commander which is for regulated information and data privacy protection. In addition, its products are used by various customers including banks, credit unions, other financial institutions, United States federal government entities, foreign government entities, hospitals, and other healthcare providers.
Executives
Anthony Scott officer: President & CEO 25501 WEST VALLEY PARKWAY, OLATHE KS 66061
Raymond T Hyer 10 percent owner 3919 E 7TH AVENUE, TAMPA FL 33605
Kimberly Pinson officer: Chief Financial Officer C/O INTRUSION INC., 101 E. PARK BLVD., SUITE 1200, PLANO TX 75074
Katrinka Mccallum director 139 TOWNSEND ST, SAN FRANCISCO CA 94107
Gregory K. Wilson director 101 EAST PARK BLVD., SUITE 1300, PLANO TX 75074
Anthony J Levecchio director 4975 PRESTON PARK BLVD., SUITE 150, PLANO TX 75093
James Gero director C/O ORTHOFIX INTERNATIONAL, 3451 PLANO PARKWAY, LEWISVILLE TX 75056
T Joe Head director, officer: Vice President, Vice Chairman 1101 EAST ARAPAHO ROAD, RICHARDSON TX 75081
Ross Mandel director, officer: Chief Strategy Officer C/OP INTRUSION INC., 101 EAST PARK BLVD., SUITE 1200, PLANO TX 75074
Christopher James Duzich officer: Chief Operating Officer 13500 NOEL ROAD, SUITE 555, DALLAS TX 75240
Jamie Schnur director C/O LIPPERT COMPONENTS, 2703 COLLEGE AVENUE, GOSHEN IN 46526
Michael L Paxton officer: Vice President & CFO 1101 EAST ARAPAHO ROAD, RICHARDSON TX 75081
Dale Booth director
Faust Quentin Collin officer: Corporate Secretary 2309 S. JOPLIN AVENUE, JOPLIN MO 64804
Benjamin Franklin Byrd officer: Chief Financial Officer 101 EAST PARK BLVD. STE 1300, PLANO TX 75074