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CIK 103096

TRC COMPANIES INC /DE/
CIK 0000103096 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
46.3
composite ยท 4 signals ยท ELEVATED

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-12 ยท FY 2016-06-30 ยท ELEVATED59.6

Restatement predictor

F-Score 1.79 โ€” misstatement risk 1.8x the base rate
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2016-08-31) โ†—
Evidence โ€” inputs and thresholds
{
  "f_score": 1.788,
  "probability": 0.00662,
  "components": {
    "rsst": -0.1143,
    "drec": 0.026,
    "dinv": null,
    "soft": 0.9138,
    "dcs": 0.1132,
    "droa": -0.0534,
    "issue": 1
  },
  "model": "Dechow et al. 2011, Model 1 (simplified RSST)",
  "thresholds": {
    "elevated": 1,
    "triggered": 1.85
  },
  "stale": false,
  "latest_filing_period": "2016-06-30",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/103096/000151128416000127/0001511284-16-000127-index.htm",
    "form": "10-K",
    "filed": "2016-08-31"
  }
}
P-13 ยท FY 2016-06-30 ยท ELEVATED22.7

Zombie / distress

Interest coverage 0.49x below 1.0
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2016-08-31) โ†—
Evidence โ€” inputs and thresholds
{
  "icr_by_year": {
    "2016-06-30": 0.491,
    "2015-06-30": 229.179,
    "2014-06-30": 123.793,
    "2013-06-30": 55.077
  },
  "consecutive_years_below_1": 1,
  "altman_z_double_prime": 1.154,
  "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": 1330000,
    "interest_expense_t": 2707000
  },
  "stale": false,
  "latest_filing_period": "2016-06-30",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/103096/000151128416000127/0001511284-16-000127-index.htm",
    "form": "10-K",
    "filed": "2016-08-31"
  }
}
P-01 ยท FY 2016-06-30 ยท CLEAN23.2

Earnings quality

Beneish M-Score -2.69 โ€” no manipulation profile
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2016-08-31) โ†—
Evidence โ€” inputs and thresholds
{
  "m_score": -2.688,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 0.947,
    "GMI": 1.284,
    "AQI": 1.372,
    "SGI": 1.14,
    "DEPI": 1.022,
    "SGAI": 1,
    "LVGI": 1.355,
    "TATA": -0.101
  },
  "defaulted_to_neutral": [
    "SGAI"
  ],
  "sloan_accruals": -0.1143,
  "inputs": {
    "revenue_t": 465129000,
    "revenue_t1": 408018000,
    "total_assets_t": 478478000,
    "net_income_t": 41000,
    "cfo_t": 48140000
  },
  "stale": false,
  "latest_filing_period": "2016-06-30",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/103096/000151128416000127/0001511284-16-000127-index.htm",
    "form": "10-K",
    "filed": "2016-08-31"
  }
}
P-05 ยท FY 2015-06-30 ยท CLEAN0.0

Tax arbitrage

ETR 36.6% โ€” within normal range of statutory
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2016-08-31) โ†—
Evidence โ€” inputs and thresholds
{
  "etr_by_year": {
    "2015-06-30": 0.3656,
    "2014-06-30": 0.4213
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2015-06-30": -0.1556,
    "2014-06-30": -0.2113
  },
  "note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
  "stale": false,
  "latest_filing_period": "2016-06-30",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/103096/000151128416000127/0001511284-16-000127-index.htm",
    "form": "10-K",
    "filed": "2016-08-31"
  }
}