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CIK 1225307

IBM CREDIT LLC
CIK 0001225307 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
23.2
composite ยท 3 signals ยท CLEAN

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-01 ยท FY 2020-12-31 ยท CLEAN24.9

Earnings quality

Beneish M-Score -2.67 โ€” no manipulation profile
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2021-02-26) โ†—
Evidence โ€” inputs and thresholds
{
  "m_score": -2.665,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 1,
    "GMI": 1,
    "AQI": 1.004,
    "SGI": 0.705,
    "DEPI": 0.816,
    "SGAI": 1.197,
    "LVGI": 0.926,
    "TATA": 0.023
  },
  "defaulted_to_neutral": [
    "DSRI",
    "GMI"
  ],
  "sloan_accruals": 0.021,
  "inputs": {
    "revenue_t": 1128000000,
    "revenue_t1": 1600000000,
    "total_assets_t": 23953000000,
    "net_income_t": 413000000,
    "cfo_t": -136000000
  },
  "stale": false,
  "latest_filing_period": "2020-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1225307/000155837021002014/0001558370-21-002014-index.htm",
    "form": "10-K",
    "filed": "2021-02-26"
  }
}
P-05 ยท FY 2020-12-31 ยท CLEAN13.8

Tax arbitrage

ETR 11.6% โ€” within normal range of statutory
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2021-02-26) โ†—
Evidence โ€” inputs and thresholds
{
  "etr_by_year": {
    "2020-12-31": 0.1159,
    "2019-12-31": 0.3037,
    "2018-12-31": 0.1819
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2020-12-31": 0.0941,
    "2019-12-31": -0.0937,
    "2018-12-31": 0.0281
  },
  "note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
  "stale": false,
  "latest_filing_period": "2020-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1225307/000155837021002014/0001558370-21-002014-index.htm",
    "form": "10-K",
    "filed": "2021-02-26"
  }
}
P-12 ยท FY 2020-12-31 ยท CLEAN23.2

Restatement predictor

F-Score 0.70 โ€” at or below the population base rate
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2021-02-26) โ†—
Evidence โ€” inputs and thresholds
{
  "f_score": 0.697,
  "probability": 0.00258,
  "components": {
    "rsst": 0.021,
    "drec": null,
    "dinv": null,
    "soft": 0.996,
    "dcs": -0.295,
    "droa": 0.0021,
    "issue": 0
  },
  "model": "Dechow et al. 2011, Model 1 (simplified RSST)",
  "thresholds": {
    "elevated": 1,
    "triggered": 1.85
  },
  "stale": false,
  "latest_filing_period": "2020-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1225307/000155837021002014/0001558370-21-002014-index.htm",
    "form": "10-K",
    "filed": "2021-02-26"
  }
}