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TPHS

TRINITY PLACE HOLDINGS INC.
CIK 0000724742 · EDGAR ↗
cleanelevatedtriggeredno dataplanned
79.1
composite · 4 signals · TRIGGERED

Every card below shows the score and the exact filing data it was computed from — 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 — never a guess.

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Signals

P-01 · FY 2024-12-31 · TRIGGERED100.0

Earnings quality

Beneish M-Score 13.73 exceeds the -1.78 manipulation threshold
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2025-03-24) ↗
Evidence — inputs and thresholds
{
  "m_score": 13.727,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 1,
    "GMI": 1,
    "AQI": 1,
    "SGI": 0.105,
    "DEPI": 1,
    "SGAI": 1,
    "LVGI": 1,
    "TATA": 3.634
  },
  "defaulted_to_neutral": [
    "DSRI",
    "GMI",
    "AQI",
    "DEPI",
    "SGAI",
    "LVGI"
  ],
  "sloan_accruals": 0.0999,
  "inputs": {
    "revenue_t": 3542000,
    "revenue_t1": 33602000,
    "total_assets_t": 3727000,
    "net_income_t": 5603000,
    "cfo_t": -7942000
  },
  "stale": false,
  "latest_filing_period": "2024-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/724742/000155837025003553/0001558370-25-003553-index.htm",
    "form": "10-K",
    "filed": "2025-03-24"
  }
}
P-05 · FY 2024-12-31 · ELEVATED79.0

Tax arbitrage

ETR 3.7% vs 21% statutory — gap persistent across 1 of 1 years
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2025-03-24) ↗
Evidence — inputs and thresholds
{
  "etr_by_year": {
    "2024-12-31": 0.0375
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2024-12-31": 0.1725
  },
  "note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
  "stale": false,
  "latest_filing_period": "2024-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/724742/000155837025003553/0001558370-25-003553-index.htm",
    "form": "10-K",
    "filed": "2025-03-24"
  }
}
P-07 · FY 2024-12-31 · CLEAN0.0

Pension underfunding

DB plan 134% funded
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2025-03-24) ↗
Evidence — inputs and thresholds
{
  "benefit_obligation": 8230000,
  "plan_assets": 11032000,
  "funded_ratio": 1.3405,
  "deficit": 2802000,
  "deficit_vs_equity": null,
  "thresholds": {
    "elevated": "<90% funded",
    "triggered": "<80% funded or deficit >25% of equity"
  },
  "stale": false,
  "latest_filing_period": "2024-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/724742/000155837025003553/0001558370-25-003553-index.htm",
    "form": "10-K",
    "filed": "2025-03-24"
  }
}
P-12 · FY 2024-12-31 · CLEAN11.7

Restatement predictor

F-Score 0.35 — at or below the population base rate
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2025-03-24) ↗
Evidence — inputs and thresholds
{
  "f_score": 0.35,
  "probability": 0.00129,
  "components": {
    "rsst": 0.0999,
    "drec": -0.0026,
    "dinv": null,
    "soft": 0.9257,
    "dcs": -0.884,
    "droa": 1.6492,
    "issue": 1
  },
  "model": "Dechow et al. 2011, Model 1 (simplified RSST)",
  "thresholds": {
    "elevated": 1,
    "triggered": 1.85
  },
  "stale": false,
  "latest_filing_period": "2024-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/724742/000155837025003553/0001558370-25-003553-index.htm",
    "form": "10-K",
    "filed": "2025-03-24"
  }
}