CIK 740670

MICHAELS STORES INC

CIK 0000740670 · EDGAR ↗

cleanelevatedtriggeredno dataplanned

24.0

composite · 4 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-13 · FY 2014-02-01 · ELEVATED20.0

Zombie / distress

Altman Z'' -0.52 in the distress zone

trend: flat

Trend

Source: 10-K on SEC.gov (filed 2014-04-29) ↗

Evidence — inputs and thresholds

{
  "icr_by_year": {
    "2014-02-01": 3.339,
    "2013-02-02": 2.416,
    "2012-01-28": 2.118,
    "2011-01-29": 1.768
  },
  "consecutive_years_below_1": 0,
  "altman_z_double_prime": -0.52,
  "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": 611000000,
    "interest_expense_t": 183000000
  },
  "stale": false,
  "latest_filing_period": "2014-02-01",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/740670/000110465914032010/0001104659-14-032010-index.htm",
    "form": "10-K",
    "filed": "2014-04-29"
  }
}

P-01 · FY 2014-02-01 · CLEAN29.6

Earnings quality

Beneish M-Score -2.46 — no manipulation profile

trend: flat

Trend

Source: 10-K on SEC.gov (filed 2014-04-29) ↗

Evidence — inputs and thresholds

{
  "m_score": -2.463,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 1,
    "GMI": 1,
    "AQI": 0.848,
    "SGI": 1.037,
    "DEPI": 0.976,
    "SGAI": 0.996,
    "LVGI": 0.855,
    "TATA": 0
  },
  "defaulted_to_neutral": [
    "DSRI",
    "GMI",
    "TATA"
  ],
  "sloan_accruals": null,
  "inputs": {
    "revenue_t": 4570000000,
    "revenue_t1": 4408000000,
    "total_assets_t": 1801000000,
    "net_income_t": null,
    "cfo_t": 468000000
  },
  "stale": false,
  "latest_filing_period": "2014-02-01",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/740670/000110465914032010/0001104659-14-032010-index.htm",
    "form": "10-K",
    "filed": "2014-04-29"
  }
}

P-05 · FY 2014-02-01 · CLEAN0.0

Tax arbitrage

ETR 35.9% — within normal range of statutory

trend: flat

Trend

Source: 10-K on SEC.gov (filed 2014-04-29) ↗

Evidence — inputs and thresholds

{
  "etr_by_year": {
    "2014-02-01": 0.3592,
    "2013-02-02": 0.3651,
    "2012-01-28": 0.3891
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2014-02-01": -0.1492,
    "2013-02-02": -0.1551,
    "2012-01-28": -0.1791
  },
  "note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
  "stale": false,
  "latest_filing_period": "2014-02-01",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/740670/000110465914032010/0001104659-14-032010-index.htm",
    "form": "10-K",
    "filed": "2014-04-29"
  }
}

P-12 · FY 2014-02-01 · CLEAN13.1

Restatement predictor

F-Score 0.39 — at or below the population base rate

trend: flat

Trend

Source: 10-K on SEC.gov (filed 2014-04-29) ↗

Evidence — inputs and thresholds

{
  "f_score": 0.394,
  "probability": 0.00146,
  "components": {
    "rsst": null,
    "drec": null,
    "dinv": 0.0232,
    "soft": 0.6713,
    "dcs": 0.0368,
    "droa": null,
    "issue": 0
  },
  "model": "Dechow et al. 2011, Model 1 (simplified RSST)",
  "thresholds": {
    "elevated": 1,
    "triggered": 1.85
  },
  "stale": false,
  "latest_filing_period": "2014-02-01",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/740670/000110465914032010/0001104659-14-032010-index.htm",
    "form": "10-K",
    "filed": "2014-04-29"
  }
}