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ARTW

ARTS WAY MANUFACTURING CO INC
CIK 0000007623 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
40.4
composite ยท 4 signals ยท ELEVATED

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-01 ยท FY 2025-11-30 ยท ELEVATED43.3

Earnings quality

Beneish M-Score -2.14 in the elevated zone
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2026-02-12) โ†—
Evidence โ€” inputs and thresholds
{
  "m_score": -2.139,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 0.989,
    "GMI": 1.094,
    "AQI": 0.833,
    "SGI": 0.938,
    "DEPI": 1.07,
    "SGAI": 1,
    "LVGI": 0.962,
    "TATA": 0.086
  },
  "defaulted_to_neutral": [
    "SGAI"
  ],
  "sloan_accruals": 0.0887,
  "inputs": {
    "revenue_t": 22975408,
    "revenue_t1": 24499371,
    "total_assets_t": 22477555,
    "net_income_t": 1034899,
    "cfo_t": -904143
  },
  "stale": false,
  "latest_filing_period": "2025-11-30",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/7623/000143774926003904/0001437749-26-003904-index.htm",
    "form": "10-K",
    "filed": "2026-02-12"
  }
}
P-12 ยท FY 2025-11-30 ยท ELEVATED47.2

Restatement predictor

F-Score 1.42 โ€” misstatement risk 1.4x the base rate
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2026-02-12) โ†—
Evidence โ€” inputs and thresholds
{
  "f_score": 1.416,
  "probability": 0.00524,
  "components": {
    "rsst": 0.0887,
    "drec": -0.0078,
    "dinv": 0.0631,
    "soft": 0.7737,
    "dcs": -0.0552,
    "droa": 0.0316,
    "issue": 1
  },
  "model": "Dechow et al. 2011, Model 1 (simplified RSST)",
  "thresholds": {
    "elevated": 1,
    "triggered": 1.85
  },
  "stale": false,
  "latest_filing_period": "2025-11-30",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/7623/000143774926003904/0001437749-26-003904-index.htm",
    "form": "10-K",
    "filed": "2026-02-12"
  }
}
P-05 ยท FY 2025-11-30 ยท CLEAN0.0

Tax arbitrage

ETR 28.0% โ€” within normal range of statutory
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2026-02-12) โ†—
Evidence โ€” inputs and thresholds
{
  "etr_by_year": {
    "2025-11-30": 0.2799,
    "2023-11-30": 0.2994
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2025-11-30": -0.0699,
    "2023-11-30": -0.0894
  },
  "note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
  "stale": false,
  "latest_filing_period": "2025-11-30",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/7623/000143774926003904/0001437749-26-003904-index.htm",
    "form": "10-K",
    "filed": "2026-02-12"
  }
}
P-13 ยท FY 2023-11-30 ยท CLEAN0.0

Zombie / distress

[FY2023 data, stale โ€” no more recent EBIT figure in XBRL] Interest coverage 2.60x โ€” servicing debt from operations
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2025-02-18) โ†—
Evidence โ€” inputs and thresholds
{
  "icr_by_year": {
    "2025-11-30": null,
    "2024-11-30": null,
    "2023-11-30": 2.595,
    "2022-11-30": 1.496
  },
  "consecutive_years_below_1": 0,
  "altman_z_double_prime": 3.847,
  "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": 1531241,
    "interest_expense_t": 590005
  },
  "stale": true,
  "latest_filing_period": "2025-11-30",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/7623/000143774925004172/0001437749-25-004172-index.htm",
    "form": "10-K",
    "filed": "2025-02-18"
  }
}