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CIK 1401112

PARAGON SHIPPING INC.
CIK 0001401112 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
86.7
composite ยท 3 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 TRIGGERED100.0

Earnings quality

Beneish M-Score 217.97 exceeds the -1.78 manipulation threshold
trend: flat
Trend
Source: 20-F on SEC.gov (filed 2017-04-10) โ†—
Evidence โ€” inputs and thresholds
{
  "m_score": 217.974,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 0.141,
    "GMI": 1,
    "AQI": 149.788,
    "SGI": 0.058,
    "DEPI": 0.786,
    "SGAI": 1,
    "LVGI": 18.966,
    "TATA": 35.878
  },
  "defaulted_to_neutral": [
    "GMI",
    "SGAI"
  ],
  "sloan_accruals": 0.4759,
  "inputs": {
    "revenue_t": 2097103,
    "revenue_t1": 35884659,
    "total_assets_t": 715949,
    "net_income_t": 23786352,
    "cfo_t": -1900505
  },
  "stale": false,
  "latest_filing_period": "2016-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1401112/000161577417001588/0001615774-17-001588-index.htm",
    "form": "20-F",
    "filed": "2017-04-10"
  }
}
P-13 ยท FY 2016-12-31 ยท TRIGGERED100.0

Zombie / distress

Zombie: interest coverage below 1.0x for 4 consecutive years
trend: flat
Trend
Source: 20-F on SEC.gov (filed 2017-04-10) โ†—
Evidence โ€” inputs and thresholds
{
  "icr_by_year": {
    "2016-12-31": -9.188,
    "2015-12-31": -32.92,
    "2014-12-31": -4.54,
    "2013-12-31": -0.482
  },
  "consecutive_years_below_1": 4,
  "altman_z_double_prime": -2890.191,
  "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": -18949052,
    "interest_expense_t": 2062395
  },
  "stale": false,
  "latest_filing_period": "2016-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1401112/000161577417001588/0001615774-17-001588-index.htm",
    "form": "20-F",
    "filed": "2017-04-10"
  }
}
P-12 ยท FY 2016-12-31 ยท CLEAN0.0

Restatement predictor

F-Score 0.00 โ€” at or below the population base rate
trend: flat
Trend
Source: 20-F on SEC.gov (filed 2017-04-10) โ†—
Evidence โ€” inputs and thresholds
{
  "f_score": 0,
  "probability": 0,
  "components": {
    "rsst": 0.4759,
    "drec": -0.053,
    "dinv": -0.0234,
    "soft": 0.2645,
    "dcs": -0.8619,
    "droa": 35.7292,
    "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/1401112/000161577417001588/0001615774-17-001588-index.htm",
    "form": "20-F",
    "filed": "2017-04-10"
  }
}