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SPNT

SIRIUSPOINT LTD.
CIK 0001576018 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
63.5
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.

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Signals

P-01 ยท FY 2025-12-31 ยท ELEVATED39.6

Earnings quality

Beneish M-Score -2.17 in the elevated zone
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2026-02-24) โ†—
Evidence โ€” inputs and thresholds
{
  "m_score": -2.165,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 1,
    "GMI": 1,
    "AQI": 1,
    "SGI": 1.231,
    "DEPI": 1,
    "SGAI": 1,
    "LVGI": 1.074,
    "TATA": 0.028
  },
  "defaulted_to_neutral": [
    "DSRI",
    "GMI",
    "AQI",
    "DEPI",
    "SGAI"
  ],
  "sloan_accruals": 0.0285,
  "inputs": {
    "revenue_t": 3205100000,
    "revenue_t1": 2603800000,
    "total_assets_t": 12569600000,
    "net_income_t": 459600000,
    "cfo_t": 102400000
  },
  "stale": false,
  "latest_filing_period": "2025-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1576018/000157601826000032/0001576018-26-000032-index.htm",
    "form": "10-K",
    "filed": "2026-02-24"
  }
}
P-05 ยท FY 2025-12-31 ยท CLEAN75.3

Tax arbitrage

ETR 15.0% โ€” within normal range of statutory
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2026-02-24) โ†—
Evidence โ€” inputs and thresholds
{
  "etr_by_year": {
    "2025-12-31": 0.15,
    "2024-12-31": 0.1317,
    "2023-12-31": -0.1412
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2025-12-31": 0.06,
    "2024-12-31": 0.0783,
    "2023-12-31": 0.3512
  },
  "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/1576018/000157601826000032/0001576018-26-000032-index.htm",
    "form": "10-K",
    "filed": "2026-02-24"
  }
}
P-07 ยท FY 2021-12-31 ยท CLEAN0.0

Pension underfunding

[FY2021 data, stale โ€” no more recent pension disclosure in XBRL] DB plan 111% funded
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2024-02-29) โ†—
Evidence โ€” inputs and thresholds
{
  "benefit_obligation": 20400000,
  "plan_assets": 22700000,
  "funded_ratio": 1.1127,
  "deficit": 2300000,
  "deficit_vs_equity": null,
  "thresholds": {
    "elevated": "<90% funded",
    "triggered": "<80% funded or deficit >25% of equity"
  },
  "stale": true,
  "latest_filing_period": "2025-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1576018/000157601824000018/0001576018-24-000018-index.htm",
    "form": "10-K",
    "filed": "2024-02-29"
  }
}
P-12 ยท FY 2025-12-31 ยท CLEAN22.6

Restatement predictor

F-Score 0.68 โ€” at or below the population base rate
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2026-02-24) โ†—
Evidence โ€” inputs and thresholds
{
  "f_score": 0.677,
  "probability": 0.00251,
  "components": {
    "rsst": 0.0285,
    "drec": null,
    "dinv": null,
    "soft": 0.9418,
    "dcs": 0.2309,
    "droa": 0.0206,
    "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/1576018/000157601826000032/0001576018-26-000032-index.htm",
    "form": "10-K",
    "filed": "2026-02-24"
  }
}