CIK 1610682

USD Partners LP

CIK 0001610682 · EDGAR ↗

cleanelevatedtriggeredno dataplanned

71.3

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-05 · FY 2021-12-31 · ELEVATED78.3

Tax arbitrage

ETR 3.9% vs 21% statutory — gap persistent across 1 of 1 years

trend: flat

Trend

Source: 10-K on SEC.gov (filed 2023-03-02) ↗

Evidence — inputs and thresholds

{
  "etr_by_year": {
    "2021-12-31": 0.0393
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2021-12-31": 0.1707
  },
  "note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
  "stale": false,
  "latest_filing_period": "2022-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1610682/000161068223000025/0001610682-23-000025-index.htm",
    "form": "10-K",
    "filed": "2023-03-02"
  }
}

P-13 · FY 2022-12-31 · ELEVATED90.0

Zombie / distress

Interest coverage -5.59x below 1.0

trend: flat

Trend

Source: 10-K on SEC.gov (filed 2023-03-02) ↗

Evidence — inputs and thresholds

{
  "icr_by_year": {
    "2022-12-31": -5.594,
    "2021-12-31": 3.703,
    "2020-12-31": -0.556,
    "2019-12-31": 1.719
  },
  "consecutive_years_below_1": 1,
  "altman_z_double_prime": -14.426,
  "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": -59685000,
    "interest_expense_t": 10670000
  },
  "stale": false,
  "latest_filing_period": "2022-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1610682/000161068223000025/0001610682-23-000025-index.htm",
    "form": "10-K",
    "filed": "2023-03-02"
  }
}

P-01 · FY 2022-12-31 · CLEAN0.0

Earnings quality

Beneish M-Score -7.54 — no manipulation profile

trend: flat

Trend

Source: 10-K on SEC.gov (filed 2023-03-02) ↗

Evidence — inputs and thresholds

{
  "m_score": -7.54,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 0.587,
    "GMI": 1,
    "AQI": 0.214,
    "SGI": 0.546,
    "DEPI": 0.824,
    "SGAI": 0.668,
    "LVGI": 2.095,
    "TATA": -0.777
  },
  "defaulted_to_neutral": [
    "GMI"
  ],
  "sloan_accruals": -0.5272,
  "inputs": {
    "revenue_t": 111655000,
    "revenue_t1": 204485000,
    "total_assets_t": 126776000,
    "net_income_t": -61286000,
    "cfo_t": 37241000
  },
  "stale": false,
  "latest_filing_period": "2022-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1610682/000161068223000025/0001610682-23-000025-index.htm",
    "form": "10-K",
    "filed": "2023-03-02"
  }
}

P-12 · FY 2022-12-31 · CLEAN4.3

Restatement predictor

F-Score 0.13 — at or below the population base rate

trend: flat

Trend

Source: 10-K on SEC.gov (filed 2023-03-02) ↗

Evidence — inputs and thresholds

{
  "f_score": 0.128,
  "probability": 0.00047,
  "components": {
    "rsst": -0.5272,
    "drec": -0.0246,
    "dinv": -0.0162,
    "soft": 0.1369,
    "dcs": -0.4315,
    "droa": -0.5758,
    "issue": 0
  },
  "model": "Dechow et al. 2011, Model 1 (simplified RSST)",
  "thresholds": {
    "elevated": 1,
    "triggered": 1.85
  },
  "stale": false,
  "latest_filing_period": "2022-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1610682/000161068223000025/0001610682-23-000025-index.htm",
    "form": "10-K",
    "filed": "2023-03-02"
  }
}