CIK 1063494

KBW, INC.

CIK 0001063494 · EDGAR ↗

cleanelevatedtriggeredno dataplanned

31.2

composite · 3 signals · ELEVATED

Every card below shows the score and the exact filing data it was computed from — 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 — never a guess.

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Signals

P-12 · FY 2011-12-31 · ELEVATED39.1

Restatement predictor

F-Score 1.17 — misstatement risk 1.2x the base rate

trend: flat

Trend

Source: 10-K on SEC.gov (filed 2012-02-28) ↗

Evidence — inputs and thresholds

{
  "f_score": 1.173,
  "probability": 0.00434,
  "components": {
    "rsst": null,
    "drec": null,
    "dinv": null,
    "soft": 0.7081,
    "dcs": -0.3789,
    "droa": -0.0991,
    "issue": 1
  },
  "model": "Dechow et al. 2011, Model 1 (simplified RSST)",
  "thresholds": {
    "elevated": 1,
    "triggered": 1.85
  },
  "stale": false,
  "latest_filing_period": "2011-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1063494/000104746912001787/0001047469-12-001787-index.htm",
    "form": "10-K",
    "filed": "2012-02-28"
  }
}

P-01 · FY 2011-12-31 · CLEAN18.9

Earnings quality

Beneish M-Score -2.84 — no manipulation profile

trend: flat

Trend

Source: 10-K on SEC.gov (filed 2012-02-28) ↗

Evidence — inputs and thresholds

{
  "m_score": -2.838,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 1,
    "GMI": 1,
    "AQI": 0.996,
    "SGI": 0.621,
    "DEPI": 0.837,
    "SGAI": 1,
    "LVGI": 1,
    "TATA": 0
  },
  "defaulted_to_neutral": [
    "DSRI",
    "GMI",
    "SGAI",
    "LVGI",
    "TATA"
  ],
  "sloan_accruals": null,
  "inputs": {
    "revenue_t": 264511000,
    "revenue_t1": 425857000,
    "total_assets_t": 519099000,
    "net_income_t": -31666000,
    "cfo_t": null
  },
  "stale": false,
  "latest_filing_period": "2011-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1063494/000104746912001787/0001047469-12-001787-index.htm",
    "form": "10-K",
    "filed": "2012-02-28"
  }
}

P-05 · FY 2010-12-31 · CLEAN0.0

Tax arbitrage

ETR 40.9% — within normal range of statutory

trend: flat

Trend

Source: 10-K on SEC.gov (filed 2012-02-28) ↗

Evidence — inputs and thresholds

{
  "etr_by_year": {
    "2010-12-31": 0.4094,
    "2009-12-31": 0.4492
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2010-12-31": -0.1994,
    "2009-12-31": -0.2392
  },
  "note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
  "stale": false,
  "latest_filing_period": "2011-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1063494/000104746912001787/0001047469-12-001787-index.htm",
    "form": "10-K",
    "filed": "2012-02-28"
  }
}