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CIK 852772

DENNY'S Corp
CIK 0000852772 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
54.0
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.

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Signals

P-07 ยท FY 2024-12-25 ยท TRIGGERED70.0

Pension underfunding

DB plan 0% funded โ€” -$0M deficit
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2025-02-24) โ†—
Evidence โ€” inputs and thresholds
{
  "benefit_obligation": 490000,
  "plan_assets": 0,
  "funded_ratio": 0,
  "deficit": -490000,
  "deficit_vs_equity": null,
  "thresholds": {
    "elevated": "<90% funded",
    "triggered": "<80% funded or deficit >25% of equity"
  },
  "stale": false,
  "latest_filing_period": "2024-12-25",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/852772/000085277225000070/0000852772-25-000070-index.htm",
    "form": "10-K",
    "filed": "2025-02-24"
  }
}
P-13 ยท FY 2023-12-27 ยท ELEVATED20.0

Zombie / distress

Altman Z'' -0.35 in the distress zone
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2025-02-24) โ†—
Evidence โ€” inputs and thresholds
{
  "icr_by_year": {
    "2024-12-25": null,
    "2023-12-27": 3.002,
    "2022-12-28": 4.402,
    "2021-12-29": 6.871
  },
  "consecutive_years_below_1": 0,
  "altman_z_double_prime": -0.35,
  "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": 52823000,
    "interest_expense_t": 17597000
  },
  "stale": false,
  "latest_filing_period": "2024-12-25",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/852772/000085277225000070/0000852772-25-000070-index.htm",
    "form": "10-K",
    "filed": "2025-02-24"
  }
}
P-05 ยท FY 2024-12-25 ยท CLEAN0.0

Tax arbitrage

ETR 26.3% โ€” within normal range of statutory
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2025-02-24) โ†—
Evidence โ€” inputs and thresholds
{
  "etr_by_year": {
    "2024-12-25": 0.2625,
    "2023-12-27": 0.2596,
    "2022-12-28": 0.2486
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2024-12-25": -0.0525,
    "2023-12-27": -0.0496,
    "2022-12-28": -0.0386
  },
  "note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
  "stale": false,
  "latest_filing_period": "2024-12-25",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/852772/000085277225000070/0000852772-25-000070-index.htm",
    "form": "10-K",
    "filed": "2025-02-24"
  }
}