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CIK 1297587

Gramercy Property Trust
CIK 0001297587 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
62.3
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-12 ยท FY 2017-12-31 ยท TRIGGERED65.4

Restatement predictor

F-Score 1.96 โ€” misstatement risk 2.0x the base rate
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2018-03-01) โ†—
Evidence โ€” inputs and thresholds
{
  "f_score": 1.961,
  "probability": 0.00726,
  "components": {
    "rsst": -0.034,
    "drec": null,
    "dinv": null,
    "soft": 0.9953,
    "dcs": 0.054,
    "droa": 0.0073,
    "issue": 1
  },
  "model": "Dechow et al. 2011, Model 1 (simplified RSST)",
  "thresholds": {
    "elevated": 1,
    "triggered": 1.85
  },
  "stale": false,
  "latest_filing_period": "2017-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1297587/000129758718000030/0001297587-18-000030-index.htm",
    "form": "10-K",
    "filed": "2018-03-01"
  }
}
P-05 ยท FY 2017-12-31 ยท ELEVATED68.5

Tax arbitrage

ETR -1.7% vs 21% statutory โ€” gap persistent across 1 of 2 years
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2018-03-01) โ†—
Evidence โ€” inputs and thresholds
{
  "etr_by_year": {
    "2017-12-31": -0.0166,
    "2016-12-31": 0.1442
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2017-12-31": 0.2266,
    "2016-12-31": 0.0658
  },
  "note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
  "stale": false,
  "latest_filing_period": "2017-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1297587/000129758718000030/0001297587-18-000030-index.htm",
    "form": "10-K",
    "filed": "2018-03-01"
  }
}
P-13 ยท FY 2014-12-31 ยท ELEVATED20.0

Zombie / distress

[FY2014 data, stale โ€” no more recent EBIT figure in XBRL] Altman Z'' 0.48 in the distress zone
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2017-03-01) โ†—
Evidence โ€” inputs and thresholds
{
  "icr_by_year": {
    "2014-12-31": 11.779,
    "2013-12-31": 104.4,
    "2012-12-31": 3.981,
    "2011-12-31": 3.276
  },
  "consecutive_years_below_1": 0,
  "altman_z_double_prime": 0.476,
  "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": 195366000,
    "interest_expense_t": 16586000
  },
  "stale": true,
  "latest_filing_period": "2017-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1297587/000129758717000034/0001297587-17-000034-index.htm",
    "form": "10-K",
    "filed": "2017-03-01"
  }
}
P-01 ยท FY 2017-12-31 ยท CLEAN25.3

Earnings quality

Beneish M-Score -2.61 โ€” no manipulation profile
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2018-03-01) โ†—
Evidence โ€” inputs and thresholds
{
  "m_score": -2.614,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 1,
    "GMI": 1,
    "AQI": 1,
    "SGI": 1.054,
    "DEPI": 1,
    "SGAI": 1,
    "LVGI": 1,
    "TATA": -0.039
  },
  "defaulted_to_neutral": [
    "DSRI",
    "GMI",
    "AQI",
    "DEPI",
    "SGAI",
    "LVGI"
  ],
  "sloan_accruals": -0.034,
  "inputs": {
    "revenue_t": 545220000,
    "revenue_t1": 517264000,
    "total_assets_t": 6456036000,
    "net_income_t": 85263000,
    "cfo_t": 290318000
  },
  "stale": false,
  "latest_filing_period": "2017-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1297587/000129758718000030/0001297587-18-000030-index.htm",
    "form": "10-K",
    "filed": "2018-03-01"
  }
}