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HQI

HireQuest, Inc.
CIK 0001140102 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
54.2
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-05 ยท FY 2025-12-31 ยท ELEVATED71.9

Tax arbitrage

ETR 1.5% vs 21% statutory โ€” gap persistent across 2 of 3 years
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2026-03-31) โ†—
Evidence โ€” inputs and thresholds
{
  "etr_by_year": {
    "2025-12-31": 0.0149,
    "2024-12-31": 0.0533,
    "2023-12-31": 0.1729
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2025-12-31": 0.1951,
    "2024-12-31": 0.1567,
    "2023-12-31": 0.0371
  },
  "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/1140102/000143774926010435/0001437749-26-010435-index.htm",
    "form": "10-K",
    "filed": "2026-03-31"
  }
}
P-01 ยท FY 2025-12-31 ยท CLEAN20.5

Earnings quality

Beneish M-Score -2.78 โ€” no manipulation profile
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2026-03-31) โ†—
Evidence โ€” inputs and thresholds
{
  "m_score": -2.783,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 1.047,
    "GMI": 1,
    "AQI": 0.94,
    "SGI": 0.886,
    "DEPI": 0.943,
    "SGAI": 1.091,
    "LVGI": 0.679,
    "TATA": -0.065
  },
  "defaulted_to_neutral": [
    "GMI"
  ],
  "sloan_accruals": -0.0627,
  "inputs": {
    "revenue_t": 30640000,
    "revenue_t1": 34598000,
    "total_assets_t": 88227000,
    "net_income_t": 6330000,
    "cfo_t": 12046000
  },
  "stale": false,
  "latest_filing_period": "2025-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1140102/000143774926010435/0001437749-26-010435-index.htm",
    "form": "10-K",
    "filed": "2026-03-31"
  }
}
P-12 ยท FY 2025-12-31 ยท CLEAN18.7

Restatement predictor

F-Score 0.56 โ€” at or below the population base rate
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2026-03-31) โ†—
Evidence โ€” inputs and thresholds
{
  "f_score": 0.562,
  "probability": 0.00208,
  "components": {
    "rsst": -0.0627,
    "drec": -0.0337,
    "dinv": null,
    "soft": 0.9541,
    "dcs": -0.0258,
    "droa": 0.0327,
    "issue": 0
  },
  "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/1140102/000143774926010435/0001437749-26-010435-index.htm",
    "form": "10-K",
    "filed": "2026-03-31"
  }
}
P-13 ยท FY 2025-12-31 ยท CLEAN0.0

Zombie / distress

Interest coverage 20.46x โ€” servicing debt from operations
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2026-03-31) โ†—
Evidence โ€” inputs and thresholds
{
  "icr_by_year": {
    "2025-12-31": 20.463,
    "2024-12-31": 4.732,
    "2023-12-31": 7.677,
    "2022-12-31": 43.582
  },
  "consecutive_years_below_1": 0,
  "altman_z_double_prime": 7.69,
  "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": 6282000,
    "interest_expense_t": 307000
  },
  "stale": false,
  "latest_filing_period": "2025-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1140102/000143774926010435/0001437749-26-010435-index.htm",
    "form": "10-K",
    "filed": "2026-03-31"
  }
}