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INDV

Indivior Pharmaceuticals, Inc.
CIK 0001625297 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
54.6
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-01 ยท FY 2025-12-31 ยท TRIGGERED69.7

Earnings quality

Beneish M-Score -1.39 exceeds the -1.78 manipulation threshold
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2026-02-26) โ†—
Evidence โ€” inputs and thresholds
{
  "m_score": -1.391,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 0.955,
    "GMI": 1.005,
    "AQI": 1.141,
    "SGI": 1.043,
    "DEPI": 2.124,
    "SGAI": 0.993,
    "LVGI": 1.065,
    "TATA": 0.197
  },
  "defaulted_to_neutral": [],
  "sloan_accruals": 0.1883,
  "inputs": {
    "revenue_t": 1239000000,
    "revenue_t1": 1188000000,
    "total_assets_t": 1201000000,
    "net_income_t": 210000000,
    "cfo_t": -27000000
  },
  "stale": false,
  "latest_filing_period": "2025-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1625297/000162828026012237/0001628280-26-012237-index.htm",
    "form": "10-K",
    "filed": "2026-02-26"
  }
}
P-12 ยท FY 2025-12-31 ยท ELEVATED38.1

Restatement predictor

F-Score 1.14 โ€” misstatement risk 1.1x the base rate
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2026-02-26) โ†—
Evidence โ€” inputs and thresholds
{
  "f_score": 1.144,
  "probability": 0.00423,
  "components": {
    "rsst": 0.1883,
    "drec": -0.0008,
    "dinv": -0.0111,
    "soft": 0.7177,
    "dcs": 0.0438,
    "droa": 0.1695,
    "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/1625297/000162828026012237/0001628280-26-012237-index.htm",
    "form": "10-K",
    "filed": "2026-02-26"
  }
}
P-13 ยท FY 2025-12-31 ยท ELEVATED20.0

Zombie / distress

Altman Z'' -0.70 in the distress zone
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2026-02-26) โ†—
Evidence โ€” inputs and thresholds
{
  "icr_by_year": {
    "2025-12-31": 6.895,
    "2024-12-31": 1.267,
    "2023-12-31": -5.63,
    "2022-12-31": -4.263
  },
  "consecutive_years_below_1": 0,
  "altman_z_double_prime": -0.704,
  "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": 262000000,
    "interest_expense_t": 38000000
  },
  "stale": false,
  "latest_filing_period": "2025-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1625297/000162828026012237/0001628280-26-012237-index.htm",
    "form": "10-K",
    "filed": "2026-02-26"
  }
}
P-05 ยท FY 2025-12-31 ยท CLEAN0.0

Tax arbitrage

ETR 12.1% โ€” within normal range of statutory
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2026-02-26) โ†—
Evidence โ€” inputs and thresholds
{
  "etr_by_year": {
    "2025-12-31": 0.1213,
    "2024-12-31": 0.65
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2025-12-31": 0.0887,
    "2024-12-31": -0.44
  },
  "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/1625297/000162828026012237/0001628280-26-012237-index.htm",
    "form": "10-K",
    "filed": "2026-02-26"
  }
}