CIK 1524471

EXELIS INC.

CIK 0001524471 · EDGAR ↗

cleanelevatedtriggeredno dataplanned

68.6

composite · 4 signals · TRIGGERED

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-07 · FY 2014-12-31 · TRIGGERED91.2

Pension underfunding

DB plan 69% funded — -$2,086M deficit (167% of equity)

trend: flat

Trend

Source: 10-K on SEC.gov (filed 2015-02-27) ↗

Evidence — inputs and thresholds

{
  "benefit_obligation": 6813000000,
  "plan_assets": 4727000000,
  "funded_ratio": 0.6938,
  "deficit": -2086000000,
  "deficit_vs_equity": 1.6728,
  "thresholds": {
    "elevated": "<90% funded",
    "triggered": "<80% funded or deficit >25% of equity"
  },
  "stale": false,
  "latest_filing_period": "2014-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1524471/000152447115000006/0001524471-15-000006-index.htm",
    "form": "10-K",
    "filed": "2015-02-27"
  }
}

P-01 · FY 2014-12-31 · CLEAN31.1

Earnings quality

Beneish M-Score -2.41 — no manipulation profile

trend: flat

Trend

Source: 10-K on SEC.gov (filed 2015-02-27) ↗

Evidence — inputs and thresholds

{
  "m_score": -2.413,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 1,
    "GMI": 1.029,
    "AQI": 1.048,
    "SGI": 0.981,
    "DEPI": 0.92,
    "SGAI": 0.96,
    "LVGI": 0.842,
    "TATA": 0
  },
  "defaulted_to_neutral": [
    "DSRI",
    "TATA"
  ],
  "sloan_accruals": null,
  "inputs": {
    "revenue_t": 3277000000,
    "revenue_t1": 3341000000,
    "total_assets_t": 4878000000,
    "net_income_t": 249000000,
    "cfo_t": null
  },
  "stale": false,
  "latest_filing_period": "2014-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1524471/000152447115000006/0001524471-15-000006-index.htm",
    "form": "10-K",
    "filed": "2015-02-27"
  }
}

P-05 · FY 2014-12-31 · CLEAN0.0

Tax arbitrage

ETR 37.0% — within normal range of statutory

trend: flat

Trend

Source: 10-K on SEC.gov (filed 2015-02-27) ↗

Evidence — inputs and thresholds

{
  "etr_by_year": {
    "2014-12-31": 0.3699,
    "2013-12-31": 0.3819,
    "2012-12-31": 0.3724
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2014-12-31": -0.1599,
    "2013-12-31": -0.1719,
    "2012-12-31": -0.1624
  },
  "note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
  "stale": false,
  "latest_filing_period": "2014-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1524471/000152447115000006/0001524471-15-000006-index.htm",
    "form": "10-K",
    "filed": "2015-02-27"
  }
}

P-12 · FY 2014-12-31 · CLEAN16.6

Restatement predictor

F-Score 0.50 — at or below the population base rate

trend: flat

Trend

Source: 10-K on SEC.gov (filed 2015-02-27) ↗

Evidence — inputs and thresholds

{
  "f_score": 0.498,
  "probability": 0.00184,
  "components": {
    "rsst": null,
    "drec": null,
    "dinv": null,
    "soft": 0.8059,
    "dcs": -0.0192,
    "droa": -0.0065,
    "issue": 0
  },
  "model": "Dechow et al. 2011, Model 1 (simplified RSST)",
  "thresholds": {
    "elevated": 1,
    "triggered": 1.85
  },
  "stale": false,
  "latest_filing_period": "2014-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1524471/000152447115000006/0001524471-15-000006-index.htm",
    "form": "10-K",
    "filed": "2015-02-27"
  }
}