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CIK 1365216

SUCAMPO PHARMACEUTICALS, INC.
CIK 0001365216 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
56.4
composite ยท 5 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-01 ยท FY 2016-12-31 ยท TRIGGERED55.1

Earnings quality

Beneish M-Score -1.57 exceeds the -1.78 manipulation threshold
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2017-03-08) โ†—
Evidence โ€” inputs and thresholds
{
  "m_score": -1.57,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 1.258,
    "GMI": 1.135,
    "AQI": 0.913,
    "SGI": 1.502,
    "DEPI": 0.714,
    "SGAI": 1,
    "LVGI": 0.322,
    "TATA": 0
  },
  "defaulted_to_neutral": [
    "SGAI",
    "TATA"
  ],
  "sloan_accruals": null,
  "inputs": {
    "revenue_t": 230056000,
    "revenue_t1": 153180000,
    "total_assets_t": 520851000,
    "net_income_t": 18487000,
    "cfo_t": null
  },
  "stale": false,
  "latest_filing_period": "2016-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1365216/000117184317001354/0001171843-17-001354-index.htm",
    "form": "10-K",
    "filed": "2017-03-08"
  }
}
P-07 ยท FY 2015-12-31 ยท TRIGGERED71.1

Pension underfunding

DB plan 62% funded โ€” -$1M deficit (1% of equity)
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2017-03-08) โ†—
Evidence โ€” inputs and thresholds
{
  "benefit_obligation": 2513000,
  "plan_assets": 1565000,
  "funded_ratio": 0.6228,
  "deficit": -948000,
  "deficit_vs_equity": 0.011,
  "thresholds": {
    "elevated": "<90% funded",
    "triggered": "<80% funded or deficit >25% of equity"
  },
  "stale": false,
  "latest_filing_period": "2016-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1365216/000117184317001354/0001171843-17-001354-index.htm",
    "form": "10-K",
    "filed": "2017-03-08"
  }
}
P-05 ยท FY 2016-12-31 ยท ELEVATED31.9

Tax arbitrage

ETR -28.6% vs 21% statutory โ€” gap persistent across 1 of 3 years
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2017-03-08) โ†—
Evidence โ€” inputs and thresholds
{
  "etr_by_year": {
    "2016-12-31": -0.2861,
    "2015-12-31": 0.2359,
    "2014-12-31": 0.5162
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2016-12-31": 0.4961,
    "2015-12-31": -0.0259,
    "2014-12-31": -0.3062
  },
  "note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
  "stale": false,
  "latest_filing_period": "2016-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1365216/000117184317001354/0001171843-17-001354-index.htm",
    "form": "10-K",
    "filed": "2017-03-08"
  }
}
P-12 ยท FY 2016-12-31 ยท CLEAN13.4

Restatement predictor

F-Score 0.40 โ€” at or below the population base rate
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2017-03-08) โ†—
Evidence โ€” inputs and thresholds
{
  "f_score": 0.401,
  "probability": 0.00148,
  "components": {
    "rsst": null,
    "drec": 0.0414,
    "dinv": -0.0197,
    "soft": 0.6073,
    "dcs": 0.3697,
    "droa": -0.0375,
    "issue": 0
  },
  "model": "Dechow et al. 2011, Model 1 (simplified RSST)",
  "thresholds": {
    "elevated": 1,
    "triggered": 1.85
  },
  "stale": false,
  "latest_filing_period": "2016-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1365216/000117184317001354/0001171843-17-001354-index.htm",
    "form": "10-K",
    "filed": "2017-03-08"
  }
}
P-13 ยท FY 2016-12-31 ยท CLEAN0.0

Zombie / distress

Interest coverage 2.27x โ€” servicing debt from operations
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2017-03-08) โ†—
Evidence โ€” inputs and thresholds
{
  "icr_by_year": {
    "2016-12-31": 2.267,
    "2015-12-31": 6.487,
    "2014-12-31": 17.915,
    "2013-12-31": 4.855
  },
  "consecutive_years_below_1": 0,
  "altman_z_double_prime": 4.892,
  "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": 53876000,
    "interest_expense_t": 23761000
  },
  "stale": false,
  "latest_filing_period": "2016-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1365216/000117184317001354/0001171843-17-001354-index.htm",
    "form": "10-K",
    "filed": "2017-03-08"
  }
}