STRATUMfiling intelligence๐Ÿ‡ฎ๐Ÿ‡ณ Indian private portal

CIK 800459

HARMAN INTERNATIONAL INDUSTRIES INC /DE/
CIK 0000800459 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
60.2
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-07 ยท FY 2016-06-30 ยท TRIGGERED79.2

Pension underfunding

DB plan 1% funded โ€” -$226M deficit (9% of equity)
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2016-08-11) โ†—
Evidence โ€” inputs and thresholds
{
  "benefit_obligation": 229480000,
  "plan_assets": 3286000,
  "funded_ratio": 0.0143,
  "deficit": -226194000,
  "deficit_vs_equity": 0.0922,
  "thresholds": {
    "elevated": "<90% funded",
    "triggered": "<80% funded or deficit >25% of equity"
  },
  "stale": false,
  "latest_filing_period": "2016-06-30",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/800459/000156459016024079/0001564590-16-024079-index.htm",
    "form": "10-K",
    "filed": "2016-08-11"
  }
}
P-12 ยท FY 2016-06-30 ยท ELEVATED48.7

Restatement predictor

F-Score 1.46 โ€” misstatement risk 1.5x the base rate
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2016-08-11) โ†—
Evidence โ€” inputs and thresholds
{
  "f_score": 1.461,
  "probability": 0.00541,
  "components": {
    "rsst": null,
    "drec": 0.0166,
    "dinv": 0.0021,
    "soft": 0.8025,
    "dcs": 0.1068,
    "droa": 0.0013,
    "issue": 1
  },
  "model": "Dechow et al. 2011, Model 1 (simplified RSST)",
  "thresholds": {
    "elevated": 1,
    "triggered": 1.85
  },
  "stale": false,
  "latest_filing_period": "2016-06-30",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/800459/000156459016024079/0001564590-16-024079-index.htm",
    "form": "10-K",
    "filed": "2016-08-11"
  }
}
P-01 ยท FY 2016-06-30 ยท CLEAN31.0

Earnings quality

Beneish M-Score -2.41 โ€” no manipulation profile
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2016-08-11) โ†—
Evidence โ€” inputs and thresholds
{
  "m_score": -2.415,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 0.976,
    "GMI": 0.975,
    "AQI": 0.991,
    "SGI": 1.123,
    "DEPI": 0.856,
    "SGAI": 1,
    "LVGI": 0.968,
    "TATA": 0
  },
  "defaulted_to_neutral": [
    "TATA"
  ],
  "sloan_accruals": null,
  "inputs": {
    "revenue_t": 6911676000,
    "revenue_t1": 6155297000,
    "total_assets_t": 6054042000,
    "net_income_t": 361734000,
    "cfo_t": null
  },
  "stale": false,
  "latest_filing_period": "2016-06-30",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/800459/000156459016024079/0001564590-16-024079-index.htm",
    "form": "10-K",
    "filed": "2016-08-11"
  }
}
P-05 ยท FY 2016-06-30 ยท CLEAN0.0

Tax arbitrage

ETR 31.7% โ€” within normal range of statutory
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2016-08-11) โ†—
Evidence โ€” inputs and thresholds
{
  "etr_by_year": {
    "2016-06-30": 0.3168,
    "2015-06-30": 0.2314,
    "2014-06-30": 0.2362
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2016-06-30": -0.1068,
    "2015-06-30": -0.0214,
    "2014-06-30": -0.0262
  },
  "note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
  "stale": false,
  "latest_filing_period": "2016-06-30",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/800459/000156459016024079/0001564590-16-024079-index.htm",
    "form": "10-K",
    "filed": "2016-08-11"
  }
}
P-13 ยท FY 2016-06-30 ยท CLEAN0.0

Zombie / distress

Interest coverage 15.68x โ€” servicing debt from operations
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2016-08-11) โ†—
Evidence โ€” inputs and thresholds
{
  "icr_by_year": {
    "2016-06-30": 15.676,
    "2015-06-30": 29.167,
    "2014-06-30": 32.646,
    "2013-06-30": 15.64
  },
  "consecutive_years_below_1": 0,
  "altman_z_double_prime": 3.877,
  "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": 580027000,
    "interest_expense_t": 37000000
  },
  "stale": false,
  "latest_filing_period": "2016-06-30",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/800459/000156459016024079/0001564590-16-024079-index.htm",
    "form": "10-K",
    "filed": "2016-08-11"
  }
}