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UNIVERSAL CORPORATION
CIK 0000102037 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
35.1
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-12 ยท FY 2026-03-31 ยท ELEVATED46.7

Restatement predictor

F-Score 1.40 โ€” misstatement risk 1.4x the base rate
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2026-06-01) โ†—
Evidence โ€” inputs and thresholds
{
  "f_score": 1.401,
  "probability": 0.00518,
  "components": {
    "rsst": -0.0335,
    "drec": -0.0215,
    "dinv": null,
    "soft": 0.8427,
    "dcs": 0.0083,
    "droa": -0.02,
    "issue": 1
  },
  "model": "Dechow et al. 2011, Model 1 (simplified RSST)",
  "thresholds": {
    "elevated": 1,
    "triggered": 1.85
  },
  "stale": false,
  "latest_filing_period": "2026-03-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/102037/000162828026039511/0001628280-26-039511-index.htm",
    "form": "10-K",
    "filed": "2026-06-01"
  }
}
P-01 ยท FY 2026-03-31 ยท CLEAN24.2

Earnings quality

Beneish M-Score -2.65 โ€” no manipulation profile
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2026-06-01) โ†—
Evidence โ€” inputs and thresholds
{
  "m_score": -2.655,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 0.913,
    "GMI": 1.095,
    "AQI": 0.99,
    "SGI": 0.987,
    "DEPI": 1.102,
    "SGAI": 0.998,
    "LVGI": 0.933,
    "TATA": -0.035
  },
  "defaulted_to_neutral": [],
  "sloan_accruals": -0.0335,
  "inputs": {
    "revenue_t": 2885078000,
    "revenue_t1": 2922924000,
    "total_assets_t": 2766767000,
    "net_income_t": 32637000,
    "cfo_t": 129100000
  },
  "stale": false,
  "latest_filing_period": "2026-03-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/102037/000162828026039511/0001628280-26-039511-index.htm",
    "form": "10-K",
    "filed": "2026-06-01"
  }
}
P-05 ยท FY 2026-03-31 ยท CLEAN0.0

Tax arbitrage

ETR 45.5% โ€” within normal range of statutory
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2026-06-01) โ†—
Evidence โ€” inputs and thresholds
{
  "etr_by_year": {
    "2026-03-31": 0.4545,
    "2025-03-31": 0.2655,
    "2024-03-31": 0.1896
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2026-03-31": -0.2445,
    "2025-03-31": -0.0555,
    "2024-03-31": 0.0204
  },
  "note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
  "stale": false,
  "latest_filing_period": "2026-03-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/102037/000162828026039511/0001628280-26-039511-index.htm",
    "form": "10-K",
    "filed": "2026-06-01"
  }
}
P-13 ยท FY 2026-03-31 ยท CLEAN0.0

Zombie / distress

Interest coverage 2.28x โ€” servicing debt from operations
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2026-06-01) โ†—
Evidence โ€” inputs and thresholds
{
  "icr_by_year": {
    "2026-03-31": 2.275,
    "2025-03-31": 2.923,
    "2024-03-31": 3.35,
    "2023-03-31": 3.673
  },
  "consecutive_years_below_1": 0,
  "altman_z_double_prime": 6.224,
  "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": 168451000,
    "interest_expense_t": 74040000
  },
  "stale": false,
  "latest_filing_period": "2026-03-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/102037/000162828026039511/0001628280-26-039511-index.htm",
    "form": "10-K",
    "filed": "2026-06-01"
  }
}