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CIK 20740

CLARCOR INC.
CIK 0000020740 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
12.7
composite ยท 4 signals ยท CLEAN

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 2016-12-03 ยท CLEAN16.3

Earnings quality

Beneish M-Score -2.93 โ€” no manipulation profile
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2017-01-27) โ†—
Evidence โ€” inputs and thresholds
{
  "m_score": -2.93,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 0.948,
    "GMI": 0.993,
    "AQI": 1.005,
    "SGI": 0.938,
    "DEPI": 0.954,
    "SGAI": 1.03,
    "LVGI": 0.82,
    "TATA": -0.084
  },
  "defaulted_to_neutral": [],
  "sloan_accruals": -0.0822,
  "inputs": {
    "revenue_t": 1389573000,
    "revenue_t1": 1481026000,
    "total_assets_t": 1739092000,
    "net_income_t": 139266000,
    "cfo_t": 285398000
  },
  "stale": false,
  "latest_filing_period": "2016-12-03",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/20740/000002074017000006/0000020740-17-000006-index.htm",
    "form": "10-K",
    "filed": "2017-01-27"
  }
}
P-05 ยท FY 2016-12-03 ยท CLEAN0.0

Tax arbitrage

ETR 30.9% โ€” within normal range of statutory
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2017-01-27) โ†—
Evidence โ€” inputs and thresholds
{
  "etr_by_year": {
    "2016-12-03": 0.3086,
    "2015-11-28": 0.3185,
    "2014-11-29": 0.3185
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2016-12-03": -0.0986,
    "2015-11-28": -0.1085,
    "2014-11-29": -0.1085
  },
  "note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
  "stale": false,
  "latest_filing_period": "2016-12-03",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/20740/000002074017000006/0000020740-17-000006-index.htm",
    "form": "10-K",
    "filed": "2017-01-27"
  }
}
P-12 ยท FY 2016-12-03 ยท CLEAN12.9

Restatement predictor

F-Score 0.39 โ€” at or below the population base rate
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2017-01-27) โ†—
Evidence โ€” inputs and thresholds
{
  "f_score": 0.388,
  "probability": 0.00143,
  "components": {
    "rsst": -0.0822,
    "drec": -0.016,
    "dinv": -0.0209,
    "soft": 0.753,
    "dcs": -0.0425,
    "droa": 0.006,
    "issue": 0
  },
  "model": "Dechow et al. 2011, Model 1 (simplified RSST)",
  "thresholds": {
    "elevated": 1,
    "triggered": 1.85
  },
  "stale": false,
  "latest_filing_period": "2016-12-03",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/20740/000002074017000006/0000020740-17-000006-index.htm",
    "form": "10-K",
    "filed": "2017-01-27"
  }
}
P-13 ยท FY 2016-12-03 ยท CLEAN0.0

Zombie / distress

Interest coverage 24.00x โ€” servicing debt from operations
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2017-01-27) โ†—
Evidence โ€” inputs and thresholds
{
  "icr_by_year": {
    "2016-12-03": 23.997,
    "2015-11-28": 35.166,
    "2014-11-29": 56.872,
    "2013-11-30": 283.928
  },
  "consecutive_years_below_1": 0,
  "altman_z_double_prime": 6.571,
  "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": 180888000,
    "interest_expense_t": 7538000
  },
  "stale": false,
  "latest_filing_period": "2016-12-03",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/20740/000002074017000006/0000020740-17-000006-index.htm",
    "form": "10-K",
    "filed": "2017-01-27"
  }
}