STRATUMfiling intelligence๐Ÿ‡ฎ๐Ÿ‡ณ Indian private portal

CIK 789944

INDEPENDENCE RESOURCES PLC
CIK 0000789944 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
83.7
composite ยท 3 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 2012-12-31 ยท TRIGGERED53.1

Earnings quality

Beneish M-Score -1.64 exceeds the -1.78 manipulation threshold
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2013-04-16) โ†—
Evidence โ€” inputs and thresholds
{
  "m_score": -1.643,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 0.041,
    "GMI": 1,
    "AQI": 1.198,
    "SGI": 3.125,
    "DEPI": 0.106,
    "SGAI": 0.174,
    "LVGI": 0.896,
    "TATA": -0.071
  },
  "defaulted_to_neutral": [
    "GMI"
  ],
  "sloan_accruals": -0.0385,
  "inputs": {
    "revenue_t": 344666,
    "revenue_t1": 110279,
    "total_assets_t": 8774253,
    "net_income_t": -2102229,
    "cfo_t": -1749938
  },
  "stale": false,
  "latest_filing_period": "2012-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/789944/000114420413022065/0001144204-13-022065-index.htm",
    "form": "10-K",
    "filed": "2013-04-16"
  }
}
P-13 ยท FY 2012-12-31 ยท TRIGGERED100.0

Zombie / distress

Zombie: interest coverage below 1.0x for 3 consecutive years
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2013-04-16) โ†—
Evidence โ€” inputs and thresholds
{
  "icr_by_year": {
    "2012-12-31": -44333.854,
    "2011-12-31": -14.948,
    "2010-12-31": -25.097
  },
  "consecutive_years_below_1": 3,
  "altman_z_double_prime": -24.225,
  "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": -2128025,
    "interest_expense_t": 48
  },
  "stale": false,
  "latest_filing_period": "2012-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/789944/000114420413022065/0001144204-13-022065-index.htm",
    "form": "10-K",
    "filed": "2013-04-16"
  }
}
P-12 ยท FY 2012-12-31 ยท CLEAN24.8

Restatement predictor

F-Score 0.74 โ€” at or below the population base rate
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2013-04-16) โ†—
Evidence โ€” inputs and thresholds
{
  "f_score": 0.744,
  "probability": 0.00275,
  "components": {
    "rsst": -0.0385,
    "drec": -0.0024,
    "dinv": 0,
    "soft": 0.9572,
    "dcs": 2.3265,
    "droa": 0.273,
    "issue": 0
  },
  "model": "Dechow et al. 2011, Model 1 (simplified RSST)",
  "thresholds": {
    "elevated": 1,
    "triggered": 1.85
  },
  "stale": false,
  "latest_filing_period": "2012-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/789944/000114420413022065/0001144204-13-022065-index.htm",
    "form": "10-K",
    "filed": "2013-04-16"
  }
}