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NCPLW

NETCAPITAL INC.
CIK 0001414767 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
80.0
composite ยท 3 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-12 ยท FY 2025-04-30 ยท TRIGGERED100.0

Restatement predictor

F-Score 3.09 โ€” misstatement risk 3.1x the base rate
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2025-08-12) โ†—
Evidence โ€” inputs and thresholds
{
  "f_score": 3.091,
  "probability": 0.01144,
  "components": {
    "rsst": -0.7353,
    "drec": -0.0018,
    "dinv": null,
    "soft": 1,
    "dcs": -0.8131,
    "droa": -1.234,
    "issue": 1
  },
  "model": "Dechow et al. 2011, Model 1 (simplified RSST)",
  "thresholds": {
    "elevated": 1,
    "triggered": 1.85
  },
  "stale": false,
  "latest_filing_period": "2025-04-30",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1414767/000164117225023248/0001641172-25-023248-index.htm",
    "form": "10-K",
    "filed": "2025-08-12"
  }
}
P-01 ยท FY 2025-04-30 ยท CLEAN0.0

Earnings quality

Beneish M-Score -6.95 โ€” no manipulation profile
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2025-08-12) โ†—
Evidence โ€” inputs and thresholds
{
  "m_score": -6.955,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 3.321,
    "GMI": 1.026,
    "AQI": 1.006,
    "SGI": 0.176,
    "DEPI": 1,
    "SGAI": 1,
    "LVGI": 3.296,
    "TATA": -1.099
  },
  "defaulted_to_neutral": [
    "DEPI",
    "SGAI"
  ],
  "sloan_accruals": -0.7353,
  "inputs": {
    "revenue_t": 869460,
    "revenue_t1": 4951435,
    "total_assets_t": 20901491,
    "net_income_t": -28301325,
    "cfo_t": -5339211
  },
  "stale": false,
  "latest_filing_period": "2025-04-30",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1414767/000164117225023248/0001641172-25-023248-index.htm",
    "form": "10-K",
    "filed": "2025-08-12"
  }
}
P-13 ยท FY 2023-04-30 ยท CLEAN0.0

Zombie / distress

[FY2023 data, stale โ€” no more recent EBIT figure in XBRL] Interest coverage 24.21x โ€” servicing debt from operations
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2024-07-29) โ†—
Evidence โ€” inputs and thresholds
{
  "icr_by_year": {
    "2025-04-30": null,
    "2024-04-30": null,
    "2023-04-30": 24.21,
    "2022-04-30": -8.16
  },
  "consecutive_years_below_1": 0,
  "altman_z_double_prime": 7.083,
  "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": 2271876,
    "interest_expense_t": 93842
  },
  "stale": true,
  "latest_filing_period": "2025-04-30",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1414767/000149315224029454/0001493152-24-029454-index.htm",
    "form": "10-K",
    "filed": "2024-07-29"
  }
}