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CIK 1828723

Altus Power, Inc.
CIK 0001828723 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
71.3
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.

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Signals

P-05 ยท FY 2022-12-31 ยท ELEVATED95.5

Tax arbitrage

ETR 2.0% vs 21% statutory โ€” gap persistent across 2 of 2 years
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2024-03-14) โ†—
Evidence โ€” inputs and thresholds
{
  "etr_by_year": {
    "2022-12-31": 0.0202,
    "2021-12-31": 0.0222
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2022-12-31": 0.1898,
    "2021-12-31": 0.1878
  },
  "note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
  "stale": false,
  "latest_filing_period": "2023-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1828723/000182872324000026/0001828723-24-000026-index.htm",
    "form": "10-K",
    "filed": "2024-03-14"
  }
}
P-01 ยท FY 2023-12-31 ยท CLEAN30.7

Earnings quality

Beneish M-Score -2.43 โ€” no manipulation profile
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2024-03-14) โ†—
Evidence โ€” inputs and thresholds
{
  "m_score": -2.426,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 0.829,
    "GMI": 1,
    "AQI": 1.02,
    "SGI": 1.534,
    "DEPI": 0.892,
    "SGAI": 1,
    "LVGI": 1.19,
    "TATA": -0.042
  },
  "defaulted_to_neutral": [
    "GMI",
    "SGAI"
  ],
  "sloan_accruals": -0.0512,
  "inputs": {
    "revenue_t": 155162000,
    "revenue_t1": 101163000,
    "total_assets_t": 2090349000,
    "net_income_t": -9355000,
    "cfo_t": 79357000
  },
  "stale": false,
  "latest_filing_period": "2023-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1828723/000182872324000026/0001828723-24-000026-index.htm",
    "form": "10-K",
    "filed": "2024-03-14"
  }
}
P-12 ยท FY 2023-12-31 ยท CLEAN13.8

Restatement predictor

F-Score 0.41 โ€” at or below the population base rate
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2024-03-14) โ†—
Evidence โ€” inputs and thresholds
{
  "f_score": 0.415,
  "probability": 0.00153,
  "components": {
    "rsst": -0.0512,
    "drec": 0.0021,
    "dinv": null,
    "soft": 0.1485,
    "dcs": 0.4976,
    "droa": -0.0447,
    "issue": 1
  },
  "model": "Dechow et al. 2011, Model 1 (simplified RSST)",
  "thresholds": {
    "elevated": 1,
    "triggered": 1.85
  },
  "stale": false,
  "latest_filing_period": "2023-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1828723/000182872324000026/0001828723-24-000026-index.htm",
    "form": "10-K",
    "filed": "2024-03-14"
  }
}
P-13 ยท FY 2022-12-31 ยท CLEAN0.0

Zombie / distress

Interest coverage 12.08x โ€” servicing debt from operations
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2024-03-14) โ†—
Evidence โ€” inputs and thresholds
{
  "icr_by_year": {
    "2023-12-31": null,
    "2022-12-31": 12.077,
    "2021-12-31": 85.105,
    "2020-12-31": null
  },
  "consecutive_years_below_1": 0,
  "altman_z_double_prime": 1.167,
  "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": 18115000,
    "interest_expense_t": 1500000
  },
  "stale": false,
  "latest_filing_period": "2023-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1828723/000182872324000026/0001828723-24-000026-index.htm",
    "form": "10-K",
    "filed": "2024-03-14"
  }
}