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CIK 1701859

TGS INTERNATIONAL LTD
CIK 0001701859 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
87.9
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-01 ยท FY 2020-12-31 ยท TRIGGERED100.0

Earnings quality

Beneish M-Score 2.57 exceeds the -1.78 manipulation threshold
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2021-03-19) โ†—
Evidence โ€” inputs and thresholds
{
  "m_score": 2.572,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 5.021,
    "GMI": 1,
    "AQI": 0.798,
    "SGI": 2.665,
    "DEPI": 1.018,
    "SGAI": 0.366,
    "LVGI": 1.074,
    "TATA": -0.029
  },
  "defaulted_to_neutral": [
    "GMI"
  ],
  "sloan_accruals": -0.0309,
  "inputs": {
    "revenue_t": 753694,
    "revenue_t1": 282857,
    "total_assets_t": 5049767,
    "net_income_t": -1218463,
    "cfo_t": -1070424
  },
  "stale": false,
  "latest_filing_period": "2020-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1701859/000164033421000617/0001640334-21-000617-index.htm",
    "form": "10-K",
    "filed": "2021-03-19"
  }
}
P-13 ยท FY 2020-12-31 ยท ELEVATED100.0

Zombie / distress

Interest coverage -8.89x below 1.0
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2021-03-19) โ†—
Evidence โ€” inputs and thresholds
{
  "icr_by_year": {
    "2020-12-31": -8.894,
    "2019-12-31": -29.086,
    "2018-12-31": 14.267,
    "2017-12-31": -3.905
  },
  "consecutive_years_below_1": 2,
  "altman_z_double_prime": -10.046,
  "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": -1103169,
    "interest_expense_t": 124040
  },
  "stale": false,
  "latest_filing_period": "2020-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1701859/000164033421000617/0001640334-21-000617-index.htm",
    "form": "10-K",
    "filed": "2021-03-19"
  }
}
P-12 ยท FY 2020-12-31 ยท CLEAN9.5

Restatement predictor

F-Score 0.28 โ€” at or below the population base rate
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2021-03-19) โ†—
Evidence โ€” inputs and thresholds
{
  "f_score": 0.285,
  "probability": 0.00105,
  "components": {
    "rsst": -0.0309,
    "drec": 0.1522,
    "dinv": null,
    "soft": 0.5293,
    "dcs": -0.9099,
    "droa": 0.2271,
    "issue": 0
  },
  "model": "Dechow et al. 2011, Model 1 (simplified RSST)",
  "thresholds": {
    "elevated": 1,
    "triggered": 1.85
  },
  "stale": false,
  "latest_filing_period": "2020-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1701859/000164033421000617/0001640334-21-000617-index.htm",
    "form": "10-K",
    "filed": "2021-03-19"
  }
}