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ALC

Alcon Inc.
CIK 0001167379 · EDGAR ↗
cleanelevatedtriggeredno dataplanned
52.0
composite · 4 signals · ELEVATED

Every card below shows the score and the exact filing data it was computed from — 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 — never a guess.

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Signals

P-01 · FY 2010-12-31 · ELEVATED36.7

Earnings quality

Beneish M-Score -2.22 in the elevated zone
trend: flat
Trend
Source: 20-F on SEC.gov (filed 2011-03-18) ↗
Evidence — inputs and thresholds
{
  "m_score": -2.216,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 0.997,
    "GMI": 0.98,
    "AQI": 1.456,
    "SGI": 1.105,
    "DEPI": 0.977,
    "SGAI": 1,
    "LVGI": 0.76,
    "TATA": -0.016
  },
  "defaulted_to_neutral": [
    "SGAI"
  ],
  "sloan_accruals": -0.0176,
  "inputs": {
    "revenue_t": 7179000000,
    "revenue_t1": 6499000000,
    "total_assets_t": 10073000000,
    "net_income_t": 2210000000,
    "cfo_t": 2375000000
  },
  "stale": false,
  "latest_filing_period": "2010-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1167379/000116737911000037/0001167379-11-000037-index.htm",
    "form": "20-F",
    "filed": "2011-03-18"
  }
}
P-05 · FY 2010-12-31 · ELEVATED67.3

Tax arbitrage

ETR 12.5% vs 21% statutory — gap persistent across 2 of 3 years
trend: flat
Trend
Source: 20-F on SEC.gov (filed 2011-03-18) ↗
Evidence — inputs and thresholds
{
  "etr_by_year": {
    "2010-12-31": 0.1254,
    "2009-12-31": 0.1323,
    "2008-12-31": 0.0173
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2010-12-31": 0.0846,
    "2009-12-31": 0.0777,
    "2008-12-31": 0.1927
  },
  "note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
  "stale": false,
  "latest_filing_period": "2010-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1167379/000116737911000037/0001167379-11-000037-index.htm",
    "form": "20-F",
    "filed": "2011-03-18"
  }
}
P-12 · FY 2010-12-31 · CLEAN11.9

Restatement predictor

F-Score 0.36 — at or below the population base rate
trend: flat
Trend
Source: 20-F on SEC.gov (filed 2011-03-18) ↗
Evidence — inputs and thresholds
{
  "f_score": 0.358,
  "probability": 0.00132,
  "components": {
    "rsst": -0.0176,
    "drec": 0.0146,
    "dinv": 0.0071,
    "soft": 0.6115,
    "dcs": 0.0836,
    "droa": -0.0117,
    "issue": 0
  },
  "model": "Dechow et al. 2011, Model 1 (simplified RSST)",
  "thresholds": {
    "elevated": 1,
    "triggered": 1.85
  },
  "stale": false,
  "latest_filing_period": "2010-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1167379/000116737911000037/0001167379-11-000037-index.htm",
    "form": "20-F",
    "filed": "2011-03-18"
  }
}
P-13 · FY 2010-12-31 · CLEAN0.0

Zombie / distress

Interest coverage 275.00x — servicing debt from operations
trend: flat
Trend
Source: 20-F on SEC.gov (filed 2011-03-18) ↗
Evidence — inputs and thresholds
{
  "icr_by_year": {
    "2010-12-31": 275,
    "2009-12-31": 141.312,
    "2008-12-31": 43.392,
    "2007-12-31": 37.66
  },
  "consecutive_years_below_1": 0,
  "altman_z_double_prime": 10.535,
  "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": 2475000000,
    "interest_expense_t": 9000000
  },
  "stale": false,
  "latest_filing_period": "2010-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1167379/000116737911000037/0001167379-11-000037-index.htm",
    "form": "20-F",
    "filed": "2011-03-18"
  }
}