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ASLE

AerSale Corporation
CIK 0001754170 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
47.3
composite ยท 4 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-12 ยท FY 2025-12-31 ยท TRIGGERED61.8

Restatement predictor

F-Score 1.86 โ€” misstatement risk 1.9x the base rate
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2026-03-10) โ†—
Evidence โ€” inputs and thresholds
{
  "f_score": 1.855,
  "probability": 0.00686,
  "components": {
    "rsst": 0.0507,
    "drec": 0.0129,
    "dinv": -0.0312,
    "soft": 0.9432,
    "dcs": -0.0515,
    "droa": 0.0037,
    "issue": 1
  },
  "model": "Dechow et al. 2011, Model 1 (simplified RSST)",
  "thresholds": {
    "elevated": 1,
    "triggered": 1.85
  },
  "stale": false,
  "latest_filing_period": "2025-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1754170/000110465926025574/0001104659-26-025574-index.htm",
    "form": "10-K",
    "filed": "2026-03-10"
  }
}
P-01 ยท FY 2025-12-31 ยท ELEVATED40.1

Earnings quality

Beneish M-Score -2.18 in the elevated zone
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2026-03-10) โ†—
Evidence โ€” inputs and thresholds
{
  "m_score": -2.185,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 1.267,
    "GMI": 0.955,
    "AQI": 1.127,
    "SGI": 0.972,
    "DEPI": 0.814,
    "SGAI": 0.983,
    "LVGI": 1.503,
    "TATA": 0.049
  },
  "defaulted_to_neutral": [],
  "sloan_accruals": 0.0507,
  "inputs": {
    "revenue_t": 335286000,
    "revenue_t1": 345066000,
    "total_assets_t": 640472000,
    "net_income_t": 8575000,
    "cfo_t": -22969000
  },
  "stale": false,
  "latest_filing_period": "2025-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1754170/000110465926025574/0001104659-26-025574-index.htm",
    "form": "10-K",
    "filed": "2026-03-10"
  }
}
P-05 ยท FY 2025-12-31 ยท CLEAN0.0

Tax arbitrage

ETR 18.5% โ€” within normal range of statutory
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2026-03-10) โ†—
Evidence โ€” inputs and thresholds
{
  "etr_by_year": {
    "2025-12-31": 0.1854,
    "2024-12-31": 0.2534
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2025-12-31": 0.0246,
    "2024-12-31": -0.0434
  },
  "note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
  "stale": false,
  "latest_filing_period": "2025-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1754170/000110465926025574/0001104659-26-025574-index.htm",
    "form": "10-K",
    "filed": "2026-03-10"
  }
}
P-13 ยท FY 2025-12-31 ยท CLEAN0.0

Zombie / distress

Interest coverage 2.05x โ€” servicing debt from operations
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2026-03-10) โ†—
Evidence โ€” inputs and thresholds
{
  "icr_by_year": {
    "2025-12-31": 2.052,
    "2024-12-31": 2.009,
    "2023-12-31": -14.693,
    "2022-12-31": 27523
  },
  "consecutive_years_below_1": 0,
  "altman_z_double_prime": 2.931,
  "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": 15790000,
    "interest_expense_t": 7694000
  },
  "stale": false,
  "latest_filing_period": "2025-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1754170/000110465926025574/0001104659-26-025574-index.htm",
    "form": "10-K",
    "filed": "2026-03-10"
  }
}