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CIK 1587476

PRINCIPAL SOLAR, INC.
CIK 0001587476 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
61.3
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-13 ยท FY 2015-12-31 ยท TRIGGERED74.9

Zombie / distress

Zombie: interest coverage below 1.0x for 3 consecutive years
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2016-04-14) โ†—
Evidence โ€” inputs and thresholds
{
  "icr_by_year": {
    "2015-12-31": 0.002,
    "2014-12-31": -5.665,
    "2013-12-31": -6.443
  },
  "consecutive_years_below_1": 3,
  "altman_z_double_prime": -7.458,
  "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": 3787,
    "interest_expense_t": 1732643
  },
  "stale": false,
  "latest_filing_period": "2015-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1587476/000143774916029500/0001437749-16-029500-index.htm",
    "form": "10-K",
    "filed": "2016-04-14"
  }
}
P-01 ยท FY 2015-12-31 ยท ELEVATED29.8

Earnings quality

Accruals at 31% of assets โ€” aggressive
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2016-04-14) โ†—
Evidence โ€” inputs and thresholds
{
  "m_score": -2.984,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 0.037,
    "GMI": 1.019,
    "AQI": 0.87,
    "SGI": 0.496,
    "DEPI": 1,
    "SGAI": 1,
    "LVGI": 2.1,
    "TATA": 0.264
  },
  "defaulted_to_neutral": [
    "DEPI",
    "SGAI"
  ],
  "sloan_accruals": 0.3122,
  "inputs": {
    "revenue_t": 483239,
    "revenue_t1": 974882,
    "total_assets_t": 11734719,
    "net_income_t": -505924,
    "cfo_t": -3600804
  },
  "stale": false,
  "latest_filing_period": "2015-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1587476/000143774916029500/0001437749-16-029500-index.htm",
    "form": "10-K",
    "filed": "2016-04-14"
  }
}
P-12 ยท FY 2015-12-31 ยท CLEAN18.3

Restatement predictor

F-Score 0.55 โ€” at or below the population base rate
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2016-04-14) โ†—
Evidence โ€” inputs and thresholds
{
  "f_score": 0.55,
  "probability": 0.00204,
  "components": {
    "rsst": 0.3122,
    "drec": -0.0104,
    "dinv": null,
    "soft": 0.9575,
    "dcs": -0.3985,
    "droa": 0.3747,
    "issue": 0
  },
  "model": "Dechow et al. 2011, Model 1 (simplified RSST)",
  "thresholds": {
    "elevated": 1,
    "triggered": 1.85
  },
  "stale": false,
  "latest_filing_period": "2015-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1587476/000143774916029500/0001437749-16-029500-index.htm",
    "form": "10-K",
    "filed": "2016-04-14"
  }
}