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ADI

Analog Devices, Inc.
CIK 0000006281 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
68.4
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 2025-11-01 ยท TRIGGERED70.3

Pension underfunding

DB plan 50% funded โ€” -$101M deficit (0% of equity)
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2025-11-25) โ†—
Evidence โ€” inputs and thresholds
{
  "benefit_obligation": 200082000,
  "plan_assets": 99458000,
  "funded_ratio": 0.4971,
  "deficit": -100624000,
  "deficit_vs_equity": 0.003,
  "thresholds": {
    "elevated": "<90% funded",
    "triggered": "<80% funded or deficit >25% of equity"
  },
  "stale": false,
  "latest_filing_period": "2025-11-01",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/6281/000000628125000153/0000006281-25-000153-index.htm",
    "form": "10-K",
    "filed": "2025-11-25"
  }
}
P-05 ยท FY 2025-11-01 ยท ELEVATED60.6

Tax arbitrage

ETR 16.4% vs 21% statutory โ€” gap persistent across 2 of 3 years
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2025-11-25) โ†—
Evidence โ€” inputs and thresholds
{
  "etr_by_year": {
    "2025-11-01": 0.164,
    "2024-11-02": 0.0799,
    "2023-10-28": 0.0813
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2025-11-01": 0.046,
    "2024-11-02": 0.1301,
    "2023-10-28": 0.1287
  },
  "note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
  "stale": false,
  "latest_filing_period": "2025-11-01",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/6281/000000628125000153/0000006281-25-000153-index.htm",
    "form": "10-K",
    "filed": "2025-11-25"
  }
}
P-13 ยท FY 2023-10-28 ยท CLEAN0.0

Zombie / distress

[FY2023 data, stale โ€” no more recent EBIT figure in XBRL] Interest coverage 14.45x โ€” servicing debt from operations
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2025-11-25) โ†—
Evidence โ€” inputs and thresholds
{
  "icr_by_year": {
    "2025-11-01": null,
    "2024-11-02": null,
    "2023-10-28": 14.446,
    "2022-10-29": 16.36
  },
  "consecutive_years_below_1": 0,
  "altman_z_double_prime": 5.48,
  "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": 3823112000,
    "interest_expense_t": 264641000
  },
  "stale": true,
  "latest_filing_period": "2025-11-01",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/6281/000000628125000153/0000006281-25-000153-index.htm",
    "form": "10-K",
    "filed": "2025-11-25"
  }
}