CIK 75340

P&F INDUSTRIES, INC.

CIK 0000075340 · EDGAR ↗

cleanelevatedtriggeredno dataplanned

74.2

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-05 · FY 2021-12-31 · ELEVATED94.3

Tax arbitrage

ETR -0.1% vs 21% statutory — gap persistent across 1 of 1 years

trend: flat

Trend

Source: 10-K on SEC.gov (filed 2023-03-29) ↗

Evidence — inputs and thresholds

{
  "etr_by_year": {
    "2021-12-31": -0.0009
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2021-12-31": 0.2109
  },
  "note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
  "stale": false,
  "latest_filing_period": "2022-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/75340/000141057823000383/0001410578-23-000383-index.htm",
    "form": "10-K",
    "filed": "2023-03-29"
  }
}

P-13 · FY 2020-12-31 · ELEVATED80.0

Zombie / distress

[FY2020 data, stale — no more recent EBIT figure in XBRL] Interest coverage -48.47x below 1.0

trend: flat

Trend

Source: 10-K on SEC.gov (filed 2022-03-30) ↗

Evidence — inputs and thresholds

{
  "icr_by_year": {
    "2022-12-31": null,
    "2021-12-31": null,
    "2020-12-31": -48.471,
    "2019-12-31": -4.601
  },
  "consecutive_years_below_1": 2,
  "altman_z_double_prime": 7.508,
  "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": -6786000,
    "interest_expense_t": 140000
  },
  "stale": true,
  "latest_filing_period": "2022-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/75340/000141057822000641/0001410578-22-000641-index.htm",
    "form": "10-K",
    "filed": "2022-03-30"
  }
}

P-01 · FY 2022-12-31 · CLEAN19.7

Earnings quality

Beneish M-Score -2.81 — no manipulation profile

trend: flat

Trend

Source: 10-K on SEC.gov (filed 2023-03-29) ↗

Evidence — inputs and thresholds

{
  "m_score": -2.811,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 0.885,
    "GMI": 1.01,
    "AQI": 1.162,
    "SGI": 1.102,
    "DEPI": 1.105,
    "SGAI": 0.931,
    "LVGI": 1.141,
    "TATA": -0.078
  },
  "defaulted_to_neutral": [],
  "sloan_accruals": -0.0799,
  "inputs": {
    "revenue_t": 59041000,
    "revenue_t1": 53554000,
    "total_assets_t": 61004000,
    "net_income_t": -1476000,
    "cfo_t": 3288000
  },
  "stale": false,
  "latest_filing_period": "2022-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/75340/000141057823000383/0001410578-23-000383-index.htm",
    "form": "10-K",
    "filed": "2023-03-29"
  }
}

P-12 · FY 2022-12-31 · CLEAN17.8

Restatement predictor

F-Score 0.53 — at or below the population base rate

trend: flat

Trend

Source: 10-K on SEC.gov (filed 2023-03-29) ↗

Evidence — inputs and thresholds

{
  "f_score": 0.535,
  "probability": 0.00198,
  "components": {
    "rsst": -0.0799,
    "drec": -0.003,
    "dinv": 0.0079,
    "soft": 0.8356,
    "dcs": 0.1058,
    "droa": -0.0635,
    "issue": 0
  },
  "model": "Dechow et al. 2011, Model 1 (simplified RSST)",
  "thresholds": {
    "elevated": 1,
    "triggered": 1.85
  },
  "stale": false,
  "latest_filing_period": "2022-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/75340/000141057823000383/0001410578-23-000383-index.htm",
    "form": "10-K",
    "filed": "2023-03-29"
  }
}