STRATUMfiling intelligence๐Ÿ‡ฎ๐Ÿ‡ณ Indian private portal

HXL

Hexcel Corporation
CIK 0000717605 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
27.5
composite ยท 4 signals ยท CLEAN

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-01 ยท FY 2025-12-31 ยท CLEAN27.4

Earnings quality

Beneish M-Score -2.54 โ€” no manipulation profile
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2026-02-11) โ†—
Evidence โ€” inputs and thresholds
{
  "m_score": -2.542,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 1.182,
    "GMI": 1.075,
    "AQI": 1.05,
    "SGI": 0.995,
    "DEPI": 1.022,
    "SGAI": 0.962,
    "LVGI": 1.258,
    "TATA": -0.045
  },
  "defaulted_to_neutral": [],
  "sloan_accruals": -0.0446,
  "inputs": {
    "revenue_t": 1893900000,
    "revenue_t1": 1903000000,
    "total_assets_t": 2704000000,
    "net_income_t": 109400000,
    "cfo_t": 230500000
  },
  "stale": false,
  "latest_filing_period": "2025-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/717605/000119312526046377/0001193125-26-046377-index.htm",
    "form": "10-K",
    "filed": "2026-02-11"
  }
}
P-05 ยท FY 2025-12-31 ยท CLEAN34.4

Tax arbitrage

ETR 19.0% โ€” within normal range of statutory
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2026-02-11) โ†—
Evidence โ€” inputs and thresholds
{
  "etr_by_year": {
    "2025-12-31": 0.1896,
    "2024-12-31": 0.1472,
    "2023-12-31": 0.1103
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2025-12-31": 0.0204,
    "2024-12-31": 0.0628,
    "2023-12-31": 0.0997
  },
  "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/717605/000119312526046377/0001193125-26-046377-index.htm",
    "form": "10-K",
    "filed": "2026-02-11"
  }
}
P-12 ยท FY 2025-12-31 ยท CLEAN7.0

Restatement predictor

F-Score 0.21 โ€” at or below the population base rate
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2026-02-11) โ†—
Evidence โ€” inputs and thresholds
{
  "f_score": 0.211,
  "probability": 0.00078,
  "components": {
    "rsst": -0.0446,
    "drec": 0.0137,
    "dinv": -0.0101,
    "soft": 0.3778,
    "dcs": -0.0244,
    "droa": -0.008,
    "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/717605/000119312526046377/0001193125-26-046377-index.htm",
    "form": "10-K",
    "filed": "2026-02-11"
  }
}
P-13 ยท FY 2025-12-31 ยท CLEAN0.0

Zombie / distress

Interest coverage 4.55x โ€” servicing debt from operations
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2026-02-11) โ†—
Evidence โ€” inputs and thresholds
{
  "icr_by_year": {
    "2025-12-31": 4.552,
    "2024-12-31": 5.965,
    "2023-12-31": 6.332,
    "2022-12-31": 4.84
  },
  "consecutive_years_below_1": 0,
  "altman_z_double_prime": 5.101,
  "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": 171600000,
    "interest_expense_t": 37700000
  },
  "stale": false,
  "latest_filing_period": "2025-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/717605/000119312526046377/0001193125-26-046377-index.htm",
    "form": "10-K",
    "filed": "2026-02-11"
  }
}