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CIK 1010775

MIRANT CORP
CIK 0001010775 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
71.9
composite ยท 4 signals ยท TRIGGERED

Every card below shows the score and the exact filing data it was computed from โ€” no unexplained numbers. Some signals (P-02, P-03, P-08, P-09, P-10, P-11) pull live documents from SEC EDGAR the first time you view this company; a few of those (P-03, P-10, P-11) use AI to read the filing text, but every AI claim must quote the actual document verbatim or it's discarded โ€” never a guess.

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Signals

P-05 ยท FY 2009-12-31 ยท TRIGGERED100.0

Tax arbitrage

ETR 2.4% vs 21% statutory โ€” gap persistent across 3 of 3 years
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2010-02-26) โ†—
Evidence โ€” inputs and thresholds
{
  "etr_by_year": {
    "2009-12-31": 0.0237,
    "2008-12-31": 0.0016,
    "2007-12-31": 0.0205
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2009-12-31": 0.1863,
    "2008-12-31": 0.2084,
    "2007-12-31": 0.1895
  },
  "note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
  "stale": false,
  "latest_filing_period": "2009-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1010775/000119312510041620/0001193125-10-041620-index.htm",
    "form": "10-K",
    "filed": "2010-02-26"
  }
}
P-01 ยท FY 2009-12-31 ยท CLEAN11.8

Earnings quality

Beneish M-Score -3.09 โ€” no manipulation profile
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2010-02-26) โ†—
Evidence โ€” inputs and thresholds
{
  "m_score": -3.087,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 0.747,
    "GMI": 0.964,
    "AQI": 1.003,
    "SGI": 0.724,
    "DEPI": 1,
    "SGAI": 1,
    "LVGI": 0.857,
    "TATA": -0.034
  },
  "defaulted_to_neutral": [
    "DEPI",
    "SGAI"
  ],
  "sloan_accruals": -0.0319,
  "inputs": {
    "revenue_t": 2309000000,
    "revenue_t1": 3188000000,
    "total_assets_t": 9567000000,
    "net_income_t": 494000000,
    "cfo_t": 817000000
  },
  "stale": false,
  "latest_filing_period": "2009-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1010775/000119312510041620/0001193125-10-041620-index.htm",
    "form": "10-K",
    "filed": "2010-02-26"
  }
}
P-12 ยท FY 2009-12-31 ยท CLEAN7.1

Restatement predictor

F-Score 0.21 โ€” at or below the population base rate
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2010-02-26) โ†—
Evidence โ€” inputs and thresholds
{
  "f_score": 0.213,
  "probability": 0.00079,
  "components": {
    "rsst": -0.0319,
    "drec": -0.0345,
    "dinv": 0.0003,
    "soft": 0.4161,
    "dcs": -0.1662,
    "droa": -0.0667,
    "issue": 0
  },
  "model": "Dechow et al. 2011, Model 1 (simplified RSST)",
  "thresholds": {
    "elevated": 1,
    "triggered": 1.85
  },
  "stale": false,
  "latest_filing_period": "2009-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1010775/000119312510041620/0001193125-10-041620-index.htm",
    "form": "10-K",
    "filed": "2010-02-26"
  }
}
P-13 ยท FY 2009-12-31 ยท CLEAN0.0

Zombie / distress

Interest coverage 4.64x โ€” servicing debt from operations
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2010-02-26) โ†—
Evidence โ€” inputs and thresholds
{
  "icr_by_year": {
    "2009-12-31": 4.645,
    "2008-12-31": 7.095,
    "2007-12-31": 0.571
  },
  "consecutive_years_below_1": 0,
  "altman_z_double_prime": 2.171,
  "definitions": {
    "zombie": "ICR<1 for 3+ consecutive FYs (BIS 2018)",
    "z_distress": "<1.1 distress, 1.1-2.6 gray, >2.6 safe"
  },
  "inputs": {
    "ebit_t": 641000000,
    "interest_expense_t": 138000000
  },
  "stale": false,
  "latest_filing_period": "2009-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1010775/000119312510041620/0001193125-10-041620-index.htm",
    "form": "10-K",
    "filed": "2010-02-26"
  }
}