STRATUMfiling intelligence๐Ÿ‡ฎ๐Ÿ‡ณ Indian private portal

HNI

HNI Corporation
CIK 0000048287 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
56.8
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.

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-07 ยท FY 2026-01-03 ยท TRIGGERED70.8

Pension underfunding

DB plan 0% funded โ€” -$15M deficit (1% of equity)
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2026-03-03) โ†—
Evidence โ€” inputs and thresholds
{
  "benefit_obligation": 15300000,
  "plan_assets": 0,
  "funded_ratio": 0,
  "deficit": -15300000,
  "deficit_vs_equity": 0.0083,
  "thresholds": {
    "elevated": "<90% funded",
    "triggered": "<80% funded or deficit >25% of equity"
  },
  "stale": false,
  "latest_filing_period": "2026-01-03",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/48287/000004828726000084/0000048287-26-000084-index.htm",
    "form": "10-K",
    "filed": "2026-03-03"
  }
}
P-12 ยท FY 2026-01-03 ยท ELEVATED44.6

Restatement predictor

F-Score 1.34 โ€” misstatement risk 1.3x the base rate
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2026-03-03) โ†—
Evidence โ€” inputs and thresholds
{
  "f_score": 1.338,
  "probability": 0.00495,
  "components": {
    "rsst": -0.0657,
    "drec": null,
    "dinv": 0.0831,
    "soft": 0.7244,
    "dcs": 0.1237,
    "droa": -0.0633,
    "issue": 1
  },
  "model": "Dechow et al. 2011, Model 1 (simplified RSST)",
  "thresholds": {
    "elevated": 1,
    "triggered": 1.85
  },
  "stale": false,
  "latest_filing_period": "2026-01-03",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/48287/000004828726000084/0000048287-26-000084-index.htm",
    "form": "10-K",
    "filed": "2026-03-03"
  }
}
P-01 ยท FY 2026-01-03 ยท CLEAN28.3

Earnings quality

Beneish M-Score -2.51 โ€” no manipulation profile
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2026-03-03) โ†—
Evidence โ€” inputs and thresholds
{
  "m_score": -2.511,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 1,
    "GMI": 0.987,
    "AQI": 1.089,
    "SGI": 1.124,
    "DEPI": 1.965,
    "SGAI": 1.016,
    "LVGI": 1.202,
    "TATA": -0.045
  },
  "defaulted_to_neutral": [
    "DSRI"
  ],
  "sloan_accruals": -0.0657,
  "inputs": {
    "revenue_t": 2839000000,
    "revenue_t1": 2526400000,
    "total_assets_t": 4885000000,
    "net_income_t": 54200000,
    "cfo_t": 276300000
  },
  "stale": false,
  "latest_filing_period": "2026-01-03",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/48287/000004828726000084/0000048287-26-000084-index.htm",
    "form": "10-K",
    "filed": "2026-03-03"
  }
}
P-05 ยท FY 2026-01-03 ยท CLEAN0.0

Tax arbitrage

ETR 40.2% โ€” within normal range of statutory
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2026-03-03) โ†—
Evidence โ€” inputs and thresholds
{
  "etr_by_year": {
    "2026-01-03": 0.402,
    "2024-12-28": 0.222,
    "2023-12-30": 0.2407
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2026-01-03": -0.192,
    "2024-12-28": -0.012,
    "2023-12-30": -0.0307
  },
  "note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
  "stale": false,
  "latest_filing_period": "2026-01-03",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/48287/000004828726000084/0000048287-26-000084-index.htm",
    "form": "10-K",
    "filed": "2026-03-03"
  }
}