CIK 54681

KATY INDUSTRIES INC

CIK 0000054681 · EDGAR ↗

cleanelevatedtriggeredno dataplanned

82.1

composite · 5 signals · ELEVATED

Every card below shows the score and the exact filing data it was computed from — 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 — never a guess.

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Signals

P-07 · FY 2013-12-31 · TRIGGERED53.0

Pension underfunding

[FY2013 data, stale — no more recent pension disclosure in XBRL] DB plan 74% funded — -$0M deficit

trend: flat

Trend

Source: 10-K on SEC.gov (filed 2015-03-30) ↗

Evidence — inputs and thresholds

{
  "benefit_obligation": 1454000,
  "plan_assets": 1069000,
  "funded_ratio": 0.7352,
  "deficit": -353000,
  "deficit_vs_equity": null,
  "thresholds": {
    "elevated": "<90% funded",
    "triggered": "<80% funded or deficit >25% of equity"
  },
  "stale": true,
  "latest_filing_period": "2015-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/54681/000114036115013509/0001140361-15-013509-index.htm",
    "form": "10-K",
    "filed": "2015-03-30"
  }
}

P-05 · FY 2014-12-31 · ELEVATED100.0

Tax arbitrage

ETR -1106.3% vs 21% statutory — gap persistent across 1 of 1 years

trend: flat

Trend

Source: 10-K on SEC.gov (filed 2016-03-30) ↗

Evidence — inputs and thresholds

{
  "etr_by_year": {
    "2014-12-31": -11.0631
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2014-12-31": 11.2731
  },
  "note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
  "stale": false,
  "latest_filing_period": "2015-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/54681/000114036116059556/0001140361-16-059556-index.htm",
    "form": "10-K",
    "filed": "2016-03-30"
  }
}

P-13 · FY 2015-12-31 · ELEVATED80.6

Zombie / distress

Interest coverage -1.02x below 1.0

trend: flat

Trend

Source: 10-K on SEC.gov (filed 2016-03-30) ↗

Evidence — inputs and thresholds

{
  "icr_by_year": {
    "2015-12-31": -1.023,
    "2014-12-31": 1.05,
    "2013-12-31": -1.249,
    "2012-12-31": -6.716
  },
  "consecutive_years_below_1": 1,
  "altman_z_double_prime": -7.427,
  "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": -4142000,
    "interest_expense_t": 4047000
  },
  "stale": false,
  "latest_filing_period": "2015-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/54681/000114036116059556/0001140361-16-059556-index.htm",
    "form": "10-K",
    "filed": "2016-03-30"
  }
}

P-01 · FY 2015-12-31 · CLEAN23.9

Earnings quality

Beneish M-Score -2.66 — no manipulation profile

trend: flat

Trend

Source: 10-K on SEC.gov (filed 2016-03-30) ↗

Evidence — inputs and thresholds

{
  "m_score": -2.663,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 1.126,
    "GMI": 0.86,
    "AQI": 2.245,
    "SGI": 1,
    "DEPI": 0.977,
    "SGAI": 1.011,
    "LVGI": 1.042,
    "TATA": -0.152
  },
  "defaulted_to_neutral": [],
  "sloan_accruals": -0.1942,
  "inputs": {
    "revenue_t": 200000,
    "revenue_t1": 200000,
    "total_assets_t": 81606000,
    "net_income_t": -7960000,
    "cfo_t": 4422000
  },
  "stale": false,
  "latest_filing_period": "2015-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/54681/000114036116059556/0001140361-16-059556-index.htm",
    "form": "10-K",
    "filed": "2016-03-30"
  }
}

P-12 · FY 2015-12-31 · CLEAN16.3

Restatement predictor

F-Score 0.49 — at or below the population base rate

trend: flat

Trend

Source: 10-K on SEC.gov (filed 2016-03-30) ↗

Evidence — inputs and thresholds

{
  "f_score": 0.49,
  "probability": 0.00181,
  "components": {
    "rsst": -0.1942,
    "drec": 0.0215,
    "dinv": 0.0531,
    "soft": 0.8183,
    "dcs": -6.855,
    "droa": -0.1517,
    "issue": 1
  },
  "model": "Dechow et al. 2011, Model 1 (simplified RSST)",
  "thresholds": {
    "elevated": 1,
    "triggered": 1.85
  },
  "stale": false,
  "latest_filing_period": "2015-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/54681/000114036116059556/0001140361-16-059556-index.htm",
    "form": "10-K",
    "filed": "2016-03-30"
  }
}