STRATUMfiling intelligence๐Ÿ‡ฎ๐Ÿ‡ณ Indian private portal

AVT

AVNET, INC.
CIK 0000008858 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
25.2
composite ยท 5 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.

Chat with this filing โ†’

Ask follow-up questions about the latest 10-K, with citations verified against the actual text. No account needed.

Investigation memo โ€” generate one โ†’

Run the bounded investigation agent โ€” reads this company's signals and writes a short, cited summary.

Signals

P-05 ยท FY 2025-06-28 ยท ELEVATED31.6

Tax arbitrage

ETR 4.1% vs 21% statutory โ€” gap persistent across 1 of 3 years
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2025-08-15) โ†—
Evidence โ€” inputs and thresholds
{
  "etr_by_year": {
    "2025-06-28": 0.0413,
    "2024-06-29": 0.2112,
    "2023-07-01": 0.2157
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2025-06-28": 0.1687,
    "2024-06-29": -0.0012,
    "2023-07-01": -0.0057
  },
  "note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
  "stale": false,
  "latest_filing_period": "2025-06-28",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/8858/000000885825000028/0000008858-25-000028-index.htm",
    "form": "10-K",
    "filed": "2025-08-15"
  }
}
P-01 ยท FY 2025-06-28 ยท CLEAN26.5

Earnings quality

Beneish M-Score -2.57 โ€” no manipulation profile
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2025-08-15) โ†—
Evidence โ€” inputs and thresholds
{
  "m_score": -2.572,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 1.055,
    "GMI": 1.084,
    "AQI": 1.136,
    "SGI": 0.934,
    "DEPI": 1,
    "SGAI": 1.009,
    "LVGI": 0.983,
    "TATA": -0.04
  },
  "defaulted_to_neutral": [
    "DEPI"
  ],
  "sloan_accruals": -0.0398,
  "inputs": {
    "revenue_t": 22200754000,
    "revenue_t1": 23757129000,
    "total_assets_t": 12118553000,
    "net_income_t": 240217000,
    "cfo_t": 724504000
  },
  "stale": false,
  "latest_filing_period": "2025-06-28",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/8858/000000885825000028/0000008858-25-000028-index.htm",
    "form": "10-K",
    "filed": "2025-08-15"
  }
}
P-07 ยท FY 2025-06-28 ยท CLEAN0.0

Pension underfunding

DB plan 101% funded
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2025-08-15) โ†—
Evidence โ€” inputs and thresholds
{
  "benefit_obligation": 473980000,
  "plan_assets": 477558000,
  "funded_ratio": 1.0075,
  "deficit": 3578000,
  "deficit_vs_equity": null,
  "thresholds": {
    "elevated": "<90% funded",
    "triggered": "<80% funded or deficit >25% of equity"
  },
  "stale": false,
  "latest_filing_period": "2025-06-28",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/8858/000000885825000028/0000008858-25-000028-index.htm",
    "form": "10-K",
    "filed": "2025-08-15"
  }
}
P-12 ยท FY 2025-06-28 ยท CLEAN19.9

Restatement predictor

F-Score 0.60 โ€” at or below the population base rate
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2025-08-15) โ†—
Evidence โ€” inputs and thresholds
{
  "f_score": 0.597,
  "probability": 0.00221,
  "components": {
    "rsst": -0.0398,
    "drec": -0.0052,
    "dinv": -0.0192,
    "soft": 0.9291,
    "dcs": -0.0628,
    "droa": -0.021,
    "issue": 0
  },
  "model": "Dechow et al. 2011, Model 1 (simplified RSST)",
  "thresholds": {
    "elevated": 1,
    "triggered": 1.85
  },
  "stale": false,
  "latest_filing_period": "2025-06-28",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/8858/000000885825000028/0000008858-25-000028-index.htm",
    "form": "10-K",
    "filed": "2025-08-15"
  }
}
P-13 ยท FY 2024-06-29 ยท CLEAN0.0

Zombie / distress

Interest coverage 2.99x โ€” servicing debt from operations
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2025-08-15) โ†—
Evidence โ€” inputs and thresholds
{
  "icr_by_year": {
    "2025-06-28": null,
    "2024-06-29": 2.985,
    "2023-07-01": 4.731,
    "2022-07-02": 9.355
  },
  "consecutive_years_below_1": 0,
  "altman_z_double_prime": 5.309,
  "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": 844367000,
    "interest_expense_t": 282867000
  },
  "stale": false,
  "latest_filing_period": "2025-06-28",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/8858/000000885825000028/0000008858-25-000028-index.htm",
    "form": "10-K",
    "filed": "2025-08-15"
  }
}