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CIK 1564822

Pinnacle Foods Inc.
CIK 0001564822 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
78.0
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-07 ยท FY 2017-12-31 ยท TRIGGERED43.1

Pension underfunding

DB plan 80% funded โ€” -$51M deficit (2% of equity)
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2018-03-01) โ†—
Evidence โ€” inputs and thresholds
{
  "benefit_obligation": 251219000,
  "plan_assets": 199748000,
  "funded_ratio": 0.7951,
  "deficit": -51471000,
  "deficit_vs_equity": 0.0216,
  "thresholds": {
    "elevated": "<90% funded",
    "triggered": "<80% funded or deficit >25% of equity"
  },
  "stale": false,
  "latest_filing_period": "2017-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1564822/000156482218000014/0001564822-18-000014-index.htm",
    "form": "10-K",
    "filed": "2018-03-01"
  }
}
P-05 ยท FY 2017-12-31 ยท ELEVATED100.0

Tax arbitrage

ETR -90.6% vs 21% statutory โ€” gap persistent across 1 of 3 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": -0.9061,
    "2016-12-25": 0.3801,
    "2015-12-27": 0.3683
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2017-12-31": 1.1161,
    "2016-12-25": -0.1701,
    "2015-12-27": -0.1583
  },
  "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/1564822/000156482218000014/0001564822-18-000014-index.htm",
    "form": "10-K",
    "filed": "2018-03-01"
  }
}
P-12 ยท FY 2017-12-31 ยท ELEVATED49.0

Restatement predictor

F-Score 1.47 โ€” misstatement risk 1.5x the base rate
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2018-03-01) โ†—
Evidence โ€” inputs and thresholds
{
  "f_score": 1.47,
  "probability": 0.00544,
  "components": {
    "rsst": 0.0175,
    "drec": -0.0012,
    "dinv": 0.0067,
    "soft": 0.8496,
    "dcs": 0.0077,
    "droa": 0.0493,
    "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/1564822/000156482218000014/0001564822-18-000014-index.htm",
    "form": "10-K",
    "filed": "2018-03-01"
  }
}
P-01 ยท FY 2017-12-31 ยท CLEAN32.5

Earnings quality

Beneish M-Score -2.39 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": -2.393,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 0.968,
    "GMI": 1.061,
    "AQI": 1.004,
    "SGI": 1.005,
    "DEPI": 0.838,
    "SGAI": 1,
    "LVGI": 0.955,
    "TATA": 0.018
  },
  "defaulted_to_neutral": [
    "SGAI"
  ],
  "sloan_accruals": 0.0175,
  "inputs": {
    "revenue_t": 3144002000,
    "revenue_t1": 3127938000,
    "total_assets_t": 6578264000,
    "net_income_t": 532049000,
    "cfo_t": 415953000
  },
  "stale": false,
  "latest_filing_period": "2017-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1564822/000156482218000014/0001564822-18-000014-index.htm",
    "form": "10-K",
    "filed": "2018-03-01"
  }
}
P-13 ยท FY 2017-12-31 ยท CLEAN0.0

Zombie / distress

Interest coverage 2.65x โ€” servicing debt from operations
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2018-03-01) โ†—
Evidence โ€” inputs and thresholds
{
  "icr_by_year": {
    "2017-12-31": 2.646,
    "2016-12-25": 3.445,
    "2015-12-27": 4.798,
    "2014-12-28": 5.327
  },
  "consecutive_years_below_1": 0,
  "altman_z_double_prime": 2.012,
  "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": 448656000,
    "interest_expense_t": 169587000
  },
  "stale": false,
  "latest_filing_period": "2017-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1564822/000156482218000014/0001564822-18-000014-index.htm",
    "form": "10-K",
    "filed": "2018-03-01"
  }
}