STRATUMfiling intelligence๐Ÿ‡ฎ๐Ÿ‡ณ Indian private portal

LEGH

Legacy Housing Corporation
CIK 0001436208 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
30.8
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.

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 ELEVATED37.3

Earnings quality

Beneish M-Score -2.21 in the elevated zone
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2026-03-12) โ†—
Evidence โ€” inputs and thresholds
{
  "m_score": -2.209,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 1.535,
    "GMI": 1.055,
    "AQI": 0.902,
    "SGI": 0.893,
    "DEPI": 1.294,
    "SGAI": 1.487,
    "LVGI": 1.317,
    "TATA": 0.008
  },
  "defaulted_to_neutral": [],
  "sloan_accruals": 0.0084,
  "inputs": {
    "revenue_t": 164567000,
    "revenue_t1": 184191000,
    "total_assets_t": 580337000,
    "net_income_t": 41809000,
    "cfo_t": 37152000
  },
  "stale": false,
  "latest_filing_period": "2025-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1436208/000110465926027133/0001104659-26-027133-index.htm",
    "form": "10-K",
    "filed": "2026-03-12"
  }
}
P-05 ยท FY 2025-12-31 ยท CLEAN5.8

Tax arbitrage

ETR 18.9% โ€” within normal range of statutory
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2026-03-12) โ†—
Evidence โ€” inputs and thresholds
{
  "etr_by_year": {
    "2025-12-31": 0.1892,
    "2024-12-31": 0.1893,
    "2023-12-31": 0.2077
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2025-12-31": 0.0208,
    "2024-12-31": 0.0207,
    "2023-12-31": 0.0023
  },
  "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/1436208/000110465926027133/0001104659-26-027133-index.htm",
    "form": "10-K",
    "filed": "2026-03-12"
  }
}
P-12 ยท FY 2025-12-31 ยท CLEAN20.0

Restatement predictor

F-Score 0.60 โ€” at or below the population base rate
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2026-03-12) โ†—
Evidence โ€” inputs and thresholds
{
  "f_score": 0.599,
  "probability": 0.00222,
  "components": {
    "rsst": 0.0084,
    "drec": 0.0027,
    "dinv": 0.0042,
    "soft": 0.8811,
    "dcs": -0.1146,
    "droa": -0.0433,
    "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/1436208/000110465926027133/0001104659-26-027133-index.htm",
    "form": "10-K",
    "filed": "2026-03-12"
  }
}
P-13 ยท FY 2023-12-31 ยท CLEAN0.0

Zombie / distress

[FY2023 data, stale โ€” no more recent EBIT figure in XBRL] Interest coverage 69.45x โ€” servicing debt from operations
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2025-03-12) โ†—
Evidence โ€” inputs and thresholds
{
  "icr_by_year": {
    "2025-12-31": null,
    "2024-12-31": null,
    "2023-12-31": 69.448,
    "2022-12-31": 208.048
  },
  "consecutive_years_below_1": 0,
  "altman_z_double_prime": 10.092,
  "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": 64587000,
    "interest_expense_t": 930000
  },
  "stale": true,
  "latest_filing_period": "2025-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1436208/000155837025002822/0001558370-25-002822-index.htm",
    "form": "10-K",
    "filed": "2025-03-12"
  }
}