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CIK 215419

CHECKPOINT SYSTEMS INC
CIK 0000215419 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
56.7
composite ยท 5 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-07 ยท FY 2015-12-27 ยท TRIGGERED70.0

Pension underfunding

DB plan 3% funded โ€” $91M surplus
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2016-03-03) โ†—
Evidence โ€” inputs and thresholds
{
  "benefit_obligation": 93349000,
  "plan_assets": 2801000,
  "funded_ratio": 0.03,
  "deficit": 90548000,
  "deficit_vs_equity": null,
  "thresholds": {
    "elevated": "<90% funded",
    "triggered": "<80% funded or deficit >25% of equity"
  },
  "stale": false,
  "latest_filing_period": "2015-12-27",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/215419/000021541916000143/0000215419-16-000143-index.htm",
    "form": "10-K",
    "filed": "2016-03-03"
  }
}
P-13 ยท FY 2015-12-27 ยท ELEVATED70.0

Zombie / distress

Interest coverage -3.89x below 1.0
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2016-03-03) โ†—
Evidence โ€” inputs and thresholds
{
  "icr_by_year": {
    "2015-12-27": -3.892,
    "2014-12-28": 8.353,
    "2013-12-29": 1.228,
    "2012-12-30": -9.609
  },
  "consecutive_years_below_1": 1,
  "altman_z_double_prime": 2.477,
  "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": -15401000,
    "interest_expense_t": 3957000
  },
  "stale": false,
  "latest_filing_period": "2015-12-27",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/215419/000021541916000143/0000215419-16-000143-index.htm",
    "form": "10-K",
    "filed": "2016-03-03"
  }
}
P-01 ยท FY 2015-12-27 ยท CLEAN10.6

Earnings quality

Beneish M-Score -3.13 โ€” no manipulation profile
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2016-03-03) โ†—
Evidence โ€” inputs and thresholds
{
  "m_score": -3.127,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 0.973,
    "GMI": 1.034,
    "AQI": 0.996,
    "SGI": 0.887,
    "DEPI": 0.997,
    "SGAI": 1.046,
    "LVGI": 1.236,
    "TATA": -0.097
  },
  "defaulted_to_neutral": [],
  "sloan_accruals": -0.0912,
  "inputs": {
    "revenue_t": 587157000,
    "revenue_t1": 662040000,
    "total_assets_t": 657870000,
    "net_income_t": -26215000,
    "cfo_t": 37495000
  },
  "stale": false,
  "latest_filing_period": "2015-12-27",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/215419/000021541916000143/0000215419-16-000143-index.htm",
    "form": "10-K",
    "filed": "2016-03-03"
  }
}
P-05 ยท FY 2014-12-28 ยท CLEAN0.0

Tax arbitrage

ETR 67.9% โ€” within normal range of statutory
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2016-03-03) โ†—
Evidence โ€” inputs and thresholds
{
  "etr_by_year": {
    "2014-12-28": 0.6795,
    "2013-12-29": 1.9321
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2014-12-28": -0.4695,
    "2013-12-29": -1.7221
  },
  "note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
  "stale": false,
  "latest_filing_period": "2015-12-27",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/215419/000021541916000143/0000215419-16-000143-index.htm",
    "form": "10-K",
    "filed": "2016-03-03"
  }
}
P-12 ยท FY 2015-12-27 ยท CLEAN33.0

Restatement predictor

F-Score 0.99 โ€” at or below the population base rate
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2016-03-03) โ†—
Evidence โ€” inputs and thresholds
{
  "f_score": 0.991,
  "probability": 0.00367,
  "components": {
    "rsst": -0.0912,
    "drec": -0.0258,
    "dinv": -0.0139,
    "soft": 0.6958,
    "dcs": -0.0859,
    "droa": -0.0547,
    "issue": 1
  },
  "model": "Dechow et al. 2011, Model 1 (simplified RSST)",
  "thresholds": {
    "elevated": 1,
    "triggered": 1.85
  },
  "stale": false,
  "latest_filing_period": "2015-12-27",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/215419/000021541916000143/0000215419-16-000143-index.htm",
    "form": "10-K",
    "filed": "2016-03-03"
  }
}