STRATUMfiling intelligence๐Ÿ‡ฎ๐Ÿ‡ณ Indian private portal

LITE

Lumentum Holdings Inc.
CIK 0001633978 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
94.0
composite ยท 2 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-05 ยท FY 2018-06-30 ยท ELEVATED100.0

Tax arbitrage

[FY2018 data, stale โ€” no more recent pretax-income figure in XBRL] ETR -91.7% vs 21% statutory โ€” gap persistent across 1 of 1 years
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2018-08-28) โ†—
Evidence โ€” inputs and thresholds
{
  "etr_by_year": {
    "2018-06-30": -0.9173
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2018-06-30": 1.1273
  },
  "note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
  "stale": true,
  "latest_filing_period": "2025-06-28",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1633978/000163397818000108/0001633978-18-000108-index.htm",
    "form": "10-K",
    "filed": "2018-08-28"
  }
}
P-13 ยท FY 2023-07-01 ยท ELEVATED70.0

Zombie / distress

[FY2023 data, stale โ€” no more recent EBIT figure in XBRL] Interest coverage -3.26x below 1.0
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2024-08-21) โ†—
Evidence โ€” inputs and thresholds
{
  "icr_by_year": {
    "2025-06-28": null,
    "2024-06-29": null,
    "2023-07-01": -3.259,
    "2022-07-02": 3.782
  },
  "consecutive_years_below_1": 1,
  "altman_z_double_prime": 3.063,
  "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": -115700000,
    "interest_expense_t": 35500000
  },
  "stale": true,
  "latest_filing_period": "2025-06-28",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1633978/000162828024038024/0001628280-24-038024-index.htm",
    "form": "10-K",
    "filed": "2024-08-21"
  }
}