CIK 1592379

Papa Murphy's Holdings, Inc.

CIK 0001592379 · EDGAR ↗

cleanelevatedtriggeredno dataplanned

20.0

composite · 4 signals · ELEVATED

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-13 · FY 2018-12-31 · ELEVATED20.0

Zombie / distress

Altman Z'' 0.16 in the distress zone

trend: flat

Trend

Source: 10-K on SEC.gov (filed 2019-03-14) ↗

Evidence — inputs and thresholds

{
  "icr_by_year": {
    "2018-12-31": 2.162,
    "2018-01-01": -2.963,
    "2017-01-02": 1.982,
    "2015-12-28": 3.456
  },
  "consecutive_years_below_1": 0,
  "altman_z_double_prime": 0.165,
  "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": 11269000,
    "interest_expense_t": 5212000
  },
  "stale": false,
  "latest_filing_period": "2018-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1592379/000159237919000013/0001592379-19-000013-index.htm",
    "form": "10-K",
    "filed": "2019-03-14"
  }
}

P-01 · FY 2018-12-31 · CLEAN22.8

Earnings quality

Beneish M-Score -2.70 — no manipulation profile

trend: flat

Trend

Source: 10-K on SEC.gov (filed 2019-03-14) ↗

Evidence — inputs and thresholds

{
  "m_score": -2.701,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 1,
    "GMI": 1,
    "AQI": 1.004,
    "SGI": 0.851,
    "DEPI": 0.852,
    "SGAI": 0.905,
    "LVGI": 0.93,
    "TATA": -0.024
  },
  "defaulted_to_neutral": [
    "DSRI",
    "GMI"
  ],
  "sloan_accruals": -0.0233,
  "inputs": {
    "revenue_t": 126429000,
    "revenue_t1": 148508000,
    "total_assets_t": 246724000,
    "net_income_t": 4324000,
    "cfo_t": 10240000
  },
  "stale": false,
  "latest_filing_period": "2018-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1592379/000159237919000013/0001592379-19-000013-index.htm",
    "form": "10-K",
    "filed": "2019-03-14"
  }
}

P-05 · FY 2018-12-31 · CLEAN0.0

Tax arbitrage

ETR 25.5% — within normal range of statutory

trend: flat

Trend

Source: 10-K on SEC.gov (filed 2019-03-14) ↗

Evidence — inputs and thresholds

{
  "etr_by_year": {
    "2018-12-31": 0.2554,
    "2017-01-02": 0.4231
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2018-12-31": -0.0454,
    "2017-01-02": -0.2131
  },
  "note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
  "stale": false,
  "latest_filing_period": "2018-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1592379/000159237919000013/0001592379-19-000013-index.htm",
    "form": "10-K",
    "filed": "2019-03-14"
  }
}

P-12 · FY 2018-12-31 · CLEAN20.8

Restatement predictor

F-Score 0.63 — at or below the population base rate

trend: flat

Trend

Source: 10-K on SEC.gov (filed 2019-03-14) ↗

Evidence — inputs and thresholds

{
  "f_score": 0.625,
  "probability": 0.00231,
  "components": {
    "rsst": -0.0233,
    "drec": null,
    "dinv": -0.0007,
    "soft": 0.9569,
    "dcs": -0.1487,
    "droa": 0.0245,
    "issue": 0
  },
  "model": "Dechow et al. 2011, Model 1 (simplified RSST)",
  "thresholds": {
    "elevated": 1,
    "triggered": 1.85
  },
  "stale": false,
  "latest_filing_period": "2018-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1592379/000159237919000013/0001592379-19-000013-index.htm",
    "form": "10-K",
    "filed": "2019-03-14"
  }
}