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CIK 1701040

CISION LTD.
CIK 0001701040 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
50.4
composite ยท 4 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 2018-12-31 ยท TRIGGERED62.7

Zombie / distress

Zombie: interest coverage below 1.0x for 4 consecutive years
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2019-03-01) โ†—
Evidence โ€” inputs and thresholds
{
  "icr_by_year": {
    "2018-12-31": 0.892,
    "2017-12-31": 0.327,
    "2016-12-31": -0.166,
    "2015-12-31": -0.45
  },
  "consecutive_years_below_1": 4,
  "altman_z_double_prime": -0.438,
  "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": 69616000,
    "interest_expense_t": 78014000
  },
  "stale": false,
  "latest_filing_period": "2018-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1701040/000114420419011638/0001144204-19-011638-index.htm",
    "form": "10-K",
    "filed": "2019-03-01"
  }
}
P-07 ยท FY 2018-12-31 ยท ELEVATED24.3

Pension underfunding

DB plan 88% funded โ€” -$1M deficit (0% of equity)
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2019-03-01) โ†—
Evidence โ€” inputs and thresholds
{
  "benefit_obligation": 10815000,
  "plan_assets": 9527000,
  "funded_ratio": 0.8809,
  "deficit": -1288000,
  "deficit_vs_equity": 0.0045,
  "thresholds": {
    "elevated": "<90% funded",
    "triggered": "<80% funded or deficit >25% of equity"
  },
  "stale": false,
  "latest_filing_period": "2018-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1701040/000114420419011638/0001144204-19-011638-index.htm",
    "form": "10-K",
    "filed": "2019-03-01"
  }
}
P-01 ยท FY 2018-12-31 ยท CLEAN21.6

Earnings quality

Beneish M-Score -2.74 โ€” no manipulation profile
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2019-03-01) โ†—
Evidence โ€” inputs and thresholds
{
  "m_score": -2.744,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 0.925,
    "GMI": 1.075,
    "AQI": 1.011,
    "SGI": 1.156,
    "DEPI": 1.031,
    "SGAI": 1,
    "LVGI": 1.006,
    "TATA": -0.081
  },
  "defaulted_to_neutral": [
    "SGAI"
  ],
  "sloan_accruals": -0.0797,
  "inputs": {
    "revenue_t": 730373000,
    "revenue_t1": 631637000,
    "total_assets_t": 1866376000,
    "net_income_t": -24394000,
    "cfo_t": 127128000
  },
  "stale": false,
  "latest_filing_period": "2018-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1701040/000114420419011638/0001144204-19-011638-index.htm",
    "form": "10-K",
    "filed": "2019-03-01"
  }
}
P-12 ยท FY 2018-12-31 ยท CLEAN19.0

Restatement predictor

F-Score 0.57 โ€” at or below the population base rate
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2019-03-01) โ†—
Evidence โ€” inputs and thresholds
{
  "f_score": 0.569,
  "probability": 0.00211,
  "components": {
    "rsst": -0.0797,
    "drec": 0.0041,
    "dinv": null,
    "soft": 0.9132,
    "dcs": 0.1439,
    "droa": 0.0505,
    "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/1701040/000114420419011638/0001144204-19-011638-index.htm",
    "form": "10-K",
    "filed": "2019-03-01"
  }
}