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CIK 787250

DPL LLC
CIK 0000787250 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
46.1
composite ยท 4 signals ยท ELEVATED

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.

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Signals

P-01 ยท FY 2025-12-31 ยท ELEVATED37.0

Earnings quality

Beneish M-Score -2.21 in the elevated zone
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2026-03-02) โ†—
Evidence โ€” inputs and thresholds
{
  "m_score": -2.205,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 1.235,
    "GMI": 1,
    "AQI": 0.841,
    "SGI": 1.221,
    "DEPI": 0.899,
    "SGAI": 1,
    "LVGI": 0.799,
    "TATA": -0.028
  },
  "defaulted_to_neutral": [
    "GMI",
    "SGAI"
  ],
  "sloan_accruals": -0.029,
  "inputs": {
    "revenue_t": 1070600000,
    "revenue_t1": 876500000,
    "total_assets_t": 3781000000,
    "net_income_t": 21000000,
    "cfo_t": 125300000
  },
  "stale": false,
  "latest_filing_period": "2025-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/787250/000078725026000013/0000787250-26-000013-index.htm",
    "form": "10-K",
    "filed": "2026-03-02"
  }
}
P-13 ยท FY 2025-12-31 ยท ELEVATED20.0

Zombie / distress

Altman Z'' -1.57 in the distress zone
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2026-03-02) โ†—
Evidence โ€” inputs and thresholds
{
  "icr_by_year": {
    "2025-12-31": 1.681,
    "2024-12-31": 1.072,
    "2023-12-31": 1.558,
    "2022-12-31": 0.727
  },
  "consecutive_years_below_1": 0,
  "altman_z_double_prime": -1.569,
  "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": 138500000,
    "interest_expense_t": 82400000
  },
  "stale": false,
  "latest_filing_period": "2025-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/787250/000078725026000013/0000787250-26-000013-index.htm",
    "form": "10-K",
    "filed": "2026-03-02"
  }
}
P-05 ยท FY 2025-12-31 ยท CLEAN55.6

Tax arbitrage

ETR 41.0% โ€” within normal range of statutory
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2026-03-02) โ†—
Evidence โ€” inputs and thresholds
{
  "etr_by_year": {
    "2025-12-31": 0.4097,
    "2024-12-31": -0.2778,
    "2023-12-31": 0.156
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2025-12-31": -0.1997,
    "2024-12-31": 0.4878,
    "2023-12-31": 0.054
  },
  "note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
  "stale": false,
  "latest_filing_period": "2025-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/787250/000078725026000013/0000787250-26-000013-index.htm",
    "form": "10-K",
    "filed": "2026-03-02"
  }
}
P-12 ยท FY 2025-12-31 ยท CLEAN15.0

Restatement predictor

F-Score 0.45 โ€” at or below the population base rate
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2026-03-02) โ†—
Evidence โ€” inputs and thresholds
{
  "f_score": 0.449,
  "probability": 0.00166,
  "components": {
    "rsst": -0.029,
    "drec": 0.0151,
    "dinv": -0.0001,
    "soft": 0.2148,
    "dcs": 0.1595,
    "droa": 0.0015,
    "issue": 1
  },
  "model": "Dechow et al. 2011, Model 1 (simplified RSST)",
  "thresholds": {
    "elevated": 1,
    "triggered": 1.85
  },
  "stale": false,
  "latest_filing_period": "2025-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/787250/000078725026000013/0000787250-26-000013-index.htm",
    "form": "10-K",
    "filed": "2026-03-02"
  }
}