STRATUMfiling intelligence๐Ÿ‡ฎ๐Ÿ‡ณ Indian private portal

CIK 1703038

NRC GROUP HOLDINGS CORP.
CIK 0001703038 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
68.8
composite ยท 4 signals ยท ELEVATED

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.

Chat with this filing โ†’

Ask follow-up questions about the latest 10-K, with citations verified against the actual text. No account needed.

Investigation memo โ€” generate one โ†’

Run the bounded investigation agent โ€” reads this company's signals and writes a short, cited summary.

Signals

P-05 ยท FY 2017-12-31 ยท ELEVATED64.8

Tax arbitrage

ETR 7.3% vs 21% statutory โ€” gap persistent across 1 of 1 years
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2019-03-25) โ†—
Evidence โ€” inputs and thresholds
{
  "etr_by_year": {
    "2017-12-31": 0.0731
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2017-12-31": 0.1369
  },
  "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/1703038/000121390019004715/0001213900-19-004715-index.htm",
    "form": "10-K",
    "filed": "2019-03-25"
  }
}
P-12 ยท FY 2018-12-31 ยท ELEVATED42.1

Restatement predictor

F-Score 1.26 โ€” misstatement risk 1.3x the base rate
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2019-03-25) โ†—
Evidence โ€” inputs and thresholds
{
  "f_score": 1.262,
  "probability": 0.00467,
  "components": {
    "rsst": -0.0629,
    "drec": 0.0552,
    "dinv": 0.0013,
    "soft": 0.6253,
    "dcs": 0.2298,
    "droa": -0.1444,
    "issue": 1
  },
  "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/1703038/000121390019004715/0001213900-19-004715-index.htm",
    "form": "10-K",
    "filed": "2019-03-25"
  }
}
P-13 ยท FY 2018-12-31 ยท ELEVATED79.3

Zombie / distress

Interest coverage -0.97x below 1.0
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2019-03-25) โ†—
Evidence โ€” inputs and thresholds
{
  "icr_by_year": {
    "2018-12-31": -0.97,
    "2017-12-31": 1.471,
    "2016-12-31": -2.914
  },
  "consecutive_years_below_1": 1,
  "altman_z_double_prime": -0.6,
  "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": -21465000,
    "interest_expense_t": 22122000
  },
  "stale": false,
  "latest_filing_period": "2018-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1703038/000121390019004715/0001213900-19-004715-index.htm",
    "form": "10-K",
    "filed": "2019-03-25"
  }
}
P-01 ยท FY 2018-12-31 ยท CLEAN26.0

Earnings quality

Beneish M-Score -2.59 โ€” no manipulation profile
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2019-03-25) โ†—
Evidence โ€” inputs and thresholds
{
  "m_score": -2.592,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 0.943,
    "GMI": 1,
    "AQI": 1.086,
    "SGI": 1.297,
    "DEPI": 0.984,
    "SGAI": 1,
    "LVGI": 1.28,
    "TATA": -0.057
  },
  "defaulted_to_neutral": [
    "GMI",
    "SGAI"
  ],
  "sloan_accruals": -0.0629,
  "inputs": {
    "revenue_t": 360170000,
    "revenue_t1": 277631000,
    "total_assets_t": 376127000,
    "net_income_t": -47257000,
    "cfo_t": -25911000
  },
  "stale": false,
  "latest_filing_period": "2018-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1703038/000121390019004715/0001213900-19-004715-index.htm",
    "form": "10-K",
    "filed": "2019-03-25"
  }
}