STRATUMfiling intelligence๐Ÿ‡ฎ๐Ÿ‡ณ Indian private portal

CIK 772572

EDAC TECHNOLOGIES CORP
CIK 0000772572 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
77.2
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.

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-01 ยท FY 2012-12-29 ยท TRIGGERED100.0

Earnings quality

Beneish M-Score 8.60 exceeds the -1.78 manipulation threshold
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2013-03-15) โ†—
Evidence โ€” inputs and thresholds
{
  "m_score": 8.599,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 1.056,
    "GMI": 0.846,
    "AQI": 27.983,
    "SGI": 1.229,
    "DEPI": 1.317,
    "SGAI": 1.094,
    "LVGI": 1.206,
    "TATA": 0.011
  },
  "defaulted_to_neutral": [],
  "sloan_accruals": 0.013,
  "inputs": {
    "revenue_t": 106468000,
    "revenue_t1": 86633000,
    "total_assets_t": 102122000,
    "net_income_t": 5871000,
    "cfo_t": 4778000
  },
  "stale": false,
  "latest_filing_period": "2012-12-29",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/772572/000118518513000495/0001185185-13-000495-index.htm",
    "form": "10-K",
    "filed": "2013-03-15"
  }
}
P-07 ยท FY 2012-12-29 ยท TRIGGERED78.2

Pension underfunding

DB plan 60% funded โ€” -$3M deficit (8% of equity)
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2013-03-15) โ†—
Evidence โ€” inputs and thresholds
{
  "benefit_obligation": 7468000,
  "plan_assets": 4472000,
  "funded_ratio": 0.5988,
  "deficit": -2996000,
  "deficit_vs_equity": 0.0822,
  "thresholds": {
    "elevated": "<90% funded",
    "triggered": "<80% funded or deficit >25% of equity"
  },
  "stale": false,
  "latest_filing_period": "2012-12-29",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/772572/000118518513000495/0001185185-13-000495-index.htm",
    "form": "10-K",
    "filed": "2013-03-15"
  }
}
P-12 ยท FY 2012-12-29 ยท ELEVATED36.6

Restatement predictor

F-Score 1.10 โ€” misstatement risk 1.1x the base rate
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2013-03-15) โ†—
Evidence โ€” inputs and thresholds
{
  "f_score": 1.097,
  "probability": 0.00406,
  "components": {
    "rsst": 0.013,
    "drec": 0.0634,
    "dinv": 0.0442,
    "soft": 0.5627,
    "dcs": 0.1674,
    "droa": 0.0037,
    "issue": 1
  },
  "model": "Dechow et al. 2011, Model 1 (simplified RSST)",
  "thresholds": {
    "elevated": 1,
    "triggered": 1.85
  },
  "stale": false,
  "latest_filing_period": "2012-12-29",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/772572/000118518513000495/0001185185-13-000495-index.htm",
    "form": "10-K",
    "filed": "2013-03-15"
  }
}
P-05 ยท FY 2012-12-29 ยท CLEAN0.0

Tax arbitrage

ETR 35.2% โ€” within normal range of statutory
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2013-03-15) โ†—
Evidence โ€” inputs and thresholds
{
  "etr_by_year": {
    "2012-12-29": 0.3522,
    "2011-12-31": 0.34,
    "2011-01-01": 0.2734
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2012-12-29": -0.1422,
    "2011-12-31": -0.13,
    "2011-01-01": -0.0634
  },
  "note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
  "stale": false,
  "latest_filing_period": "2012-12-29",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/772572/000118518513000495/0001185185-13-000495-index.htm",
    "form": "10-K",
    "filed": "2013-03-15"
  }
}
P-13 ยท FY 2012-12-29 ยท CLEAN0.0

Zombie / distress

Interest coverage 8.34x โ€” servicing debt from operations
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2013-03-15) โ†—
Evidence โ€” inputs and thresholds
{
  "icr_by_year": {
    "2012-12-29": 8.342,
    "2011-12-31": 6.292,
    "2011-01-01": 1.81
  },
  "consecutive_years_below_1": 0,
  "altman_z_double_prime": 3.697,
  "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": 10152000,
    "interest_expense_t": 1217000
  },
  "stale": false,
  "latest_filing_period": "2012-12-29",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/772572/000118518513000495/0001185185-13-000495-index.htm",
    "form": "10-K",
    "filed": "2013-03-15"
  }
}