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CIK 1598014

IHS MARKIT LTD.
CIK 0001598014 · EDGAR ↗
cleanelevatedtriggeredno dataplanned
36.3
composite · 5 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-05 · FY 2021-11-30 · ELEVATED45.0

Tax arbitrage

ETR 10.1% vs 21% statutory — gap persistent across 2 of 3 years
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2022-01-24) ↗
Evidence — inputs and thresholds
{
  "etr_by_year": {
    "2021-11-30": 0.1009,
    "2020-11-30": 0.0151,
    "2019-11-30": 0.3266
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2021-11-30": 0.1091,
    "2020-11-30": 0.1949,
    "2019-11-30": -0.1166
  },
  "note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
  "stale": false,
  "latest_filing_period": "2021-11-30",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1598014/000159801422000011/0001598014-22-000011-index.htm",
    "form": "10-K",
    "filed": "2022-01-24"
  }
}
P-07 · FY 2017-11-30 · ELEVATED21.4

Pension underfunding

[FY2017 data, stale — no more recent pension disclosure in XBRL] DB plan 89% funded — -$23M deficit (0% of equity)
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2020-01-17) ↗
Evidence — inputs and thresholds
{
  "benefit_obligation": 222200000,
  "plan_assets": 198800000,
  "funded_ratio": 0.8947,
  "deficit": -23400000,
  "deficit_vs_equity": 0.0029,
  "thresholds": {
    "elevated": "<90% funded",
    "triggered": "<80% funded or deficit >25% of equity"
  },
  "stale": true,
  "latest_filing_period": "2021-11-30",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1598014/000159801420000008/0001598014-20-000008-index.htm",
    "form": "10-K",
    "filed": "2020-01-17"
  }
}
P-01 · FY 2021-11-30 · CLEAN26.8

Earnings quality

Beneish M-Score -2.56 — no manipulation profile
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2022-01-24) ↗
Evidence — inputs and thresholds
{
  "m_score": -2.561,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 0.936,
    "GMI": 0.994,
    "AQI": 0.967,
    "SGI": 1.086,
    "DEPI": 0.956,
    "SGAI": 0.964,
    "LVGI": 1.019,
    "TATA": -0.017
  },
  "defaulted_to_neutral": [],
  "sloan_accruals": -0.0169,
  "inputs": {
    "revenue_t": 4658100000,
    "revenue_t1": 4287800000,
    "total_assets_t": 16913900000,
    "net_income_t": 1206800000,
    "cfo_t": 1486200000
  },
  "stale": false,
  "latest_filing_period": "2021-11-30",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1598014/000159801422000011/0001598014-22-000011-index.htm",
    "form": "10-K",
    "filed": "2022-01-24"
  }
}
P-12 · FY 2021-11-30 · CLEAN21.3

Restatement predictor

F-Score 0.64 — at or below the population base rate
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2022-01-24) ↗
Evidence — inputs and thresholds
{
  "f_score": 0.64,
  "probability": 0.00237,
  "components": {
    "rsst": -0.0169,
    "drec": 0.0009,
    "dinv": null,
    "soft": 0.9409,
    "dcs": 0.0829,
    "droa": 0.0174,
    "issue": 0
  },
  "model": "Dechow et al. 2011, Model 1 (simplified RSST)",
  "thresholds": {
    "elevated": 1,
    "triggered": 1.85
  },
  "stale": false,
  "latest_filing_period": "2021-11-30",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1598014/000159801422000011/0001598014-22-000011-index.htm",
    "form": "10-K",
    "filed": "2022-01-24"
  }
}
P-13 · FY 2021-11-30 · CLEAN0.0

Zombie / distress

Interest coverage 7.09x — servicing debt from operations
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2022-01-24) ↗
Evidence — inputs and thresholds
{
  "icr_by_year": {
    "2021-11-30": 7.091,
    "2020-11-30": 4.863,
    "2019-11-30": 3.864,
    "2018-11-30": 2.841
  },
  "consecutive_years_below_1": 0,
  "altman_z_double_prime": 2.544,
  "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": 1561400000,
    "interest_expense_t": 220200000
  },
  "stale": false,
  "latest_filing_period": "2021-11-30",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1598014/000159801422000011/0001598014-22-000011-index.htm",
    "form": "10-K",
    "filed": "2022-01-24"
  }
}