STRATUMfiling intelligence๐Ÿ‡ฎ๐Ÿ‡ณ Indian private portal

CIK 729237

PARKWAY PROPERTIES INC
CIK 0000729237 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
85.8
composite ยท 4 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.

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-12 ยท FY 2015-12-31 ยท TRIGGERED64.7

Restatement predictor

F-Score 1.94 โ€” misstatement risk 1.9x the base rate
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2016-02-25) โ†—
Evidence โ€” inputs and thresholds
{
  "f_score": 1.94,
  "probability": 0.00718,
  "components": {
    "rsst": -0.0042,
    "drec": null,
    "dinv": null,
    "soft": 0.9793,
    "dcs": 0.0378,
    "droa": 0.007,
    "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/729237/000072923716000111/0000729237-16-000111-index.htm",
    "form": "10-K",
    "filed": "2016-02-25"
  }
}
P-13 ยท FY 2015-12-31 ยท TRIGGERED67.3

Zombie / distress

Zombie: interest coverage below 1.0x for 4 consecutive years
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2016-02-25) โ†—
Evidence โ€” inputs and thresholds
{
  "icr_by_year": {
    "2015-12-31": 0.708,
    "2014-12-31": 0.297,
    "2013-12-31": 0.142,
    "2012-12-31": -0.736
  },
  "consecutive_years_below_1": 4,
  "altman_z_double_prime": 0.415,
  "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": 50632000,
    "interest_expense_t": 71481000
  },
  "stale": false,
  "latest_filing_period": "2015-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/729237/000072923716000111/0000729237-16-000111-index.htm",
    "form": "10-K",
    "filed": "2016-02-25"
  }
}
P-05 ยท FY 2015-12-31 ยท ELEVATED99.3

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 2016-02-25) โ†—
Evidence โ€” inputs and thresholds
{
  "etr_by_year": {
    "2015-12-31": 0.0197,
    "2014-12-31": 0.0041
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2015-12-31": 0.1903,
    "2014-12-31": 0.2059
  },
  "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/729237/000072923716000111/0000729237-16-000111-index.htm",
    "form": "10-K",
    "filed": "2016-02-25"
  }
}
P-01 ยท FY 2015-12-31 ยท CLEAN31.1

Earnings quality

Beneish M-Score -2.41 โ€” no manipulation profile
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2016-02-25) โ†—
Evidence โ€” inputs and thresholds
{
  "m_score": -2.413,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 1,
    "GMI": 1,
    "AQI": 1,
    "SGI": 1.038,
    "DEPI": 1,
    "SGAI": 1,
    "LVGI": 0.946,
    "TATA": 0.003
  },
  "defaulted_to_neutral": [
    "DSRI",
    "GMI",
    "AQI",
    "DEPI",
    "SGAI"
  ],
  "sloan_accruals": -0.0042,
  "inputs": {
    "revenue_t": 473983000,
    "revenue_t1": 456701000,
    "total_assets_t": 3619235000,
    "net_income_t": 67335000,
    "cfo_t": 82648000
  },
  "stale": false,
  "latest_filing_period": "2015-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/729237/000072923716000111/0000729237-16-000111-index.htm",
    "form": "10-K",
    "filed": "2016-02-25"
  }
}