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WLFC

WILLIS LEASE FINANCE CORP
CIK 0001018164 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
53.5
composite ยท 4 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 2025-12-31 ยท TRIGGERED68.0

Restatement predictor

F-Score 2.04 โ€” misstatement risk 2.0x the base rate
trend: flat
Trend
Source: 10-K/A on SEC.gov (filed 2026-03-30) โ†—
Evidence โ€” inputs and thresholds
{
  "f_score": 2.039,
  "probability": 0.00755,
  "components": {
    "rsst": -0.0469,
    "drec": -0.0007,
    "dinv": null,
    "soft": 0.9958,
    "dcs": 0.2874,
    "droa": -0.004,
    "issue": 1
  },
  "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/1018164/000101816426000041/0001018164-26-000041-index.htm",
    "form": "10-K/A",
    "filed": "2026-03-30"
  }
}
P-13 ยท FY 2025-12-31 ยท ELEVATED35.3

Zombie / distress

Interest coverage 0.79x below 1.0
trend: flat
Trend
Source: 10-K/A on SEC.gov (filed 2026-03-30) โ†—
Evidence โ€” inputs and thresholds
{
  "icr_by_year": {
    "2025-12-31": 0.79,
    "2024-12-31": 1.378,
    "2023-12-31": 0.815,
    "2022-12-31": 0.148
  },
  "consecutive_years_below_1": 1,
  "altman_z_double_prime": 0.884,
  "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": 104292000,
    "interest_expense_t": 132060000
  },
  "stale": false,
  "latest_filing_period": "2025-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1018164/000101816426000041/0001018164-26-000041-index.htm",
    "form": "10-K/A",
    "filed": "2026-03-30"
  }
}
P-01 ยท FY 2025-12-31 ยท CLEAN23.4

Earnings quality

Beneish M-Score -2.68 โ€” no manipulation profile
trend: flat
Trend
Source: 10-K/A on SEC.gov (filed 2026-03-30) โ†—
Evidence โ€” inputs and thresholds
{
  "m_score": -2.68,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 0.727,
    "GMI": 1,
    "AQI": 1,
    "SGI": 1.283,
    "DEPI": 1,
    "SGAI": 1,
    "LVGI": 0.999,
    "TATA": -0.043
  },
  "defaulted_to_neutral": [
    "GMI",
    "AQI",
    "DEPI",
    "SGAI"
  ],
  "sloan_accruals": -0.0469,
  "inputs": {
    "revenue_t": 730241000,
    "revenue_t1": 569223000,
    "total_assets_t": 3936315000,
    "net_income_t": 113758000,
    "cfo_t": 283235000
  },
  "stale": false,
  "latest_filing_period": "2025-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1018164/000101816426000041/0001018164-26-000041-index.htm",
    "form": "10-K/A",
    "filed": "2026-03-30"
  }
}
P-05 ยท FY 2025-12-31 ยท CLEAN0.0

Tax arbitrage

ETR 29.2% โ€” within normal range of statutory
trend: flat
Trend
Source: 10-K/A on SEC.gov (filed 2026-03-30) โ†—
Evidence โ€” inputs and thresholds
{
  "etr_by_year": {
    "2025-12-31": 0.2917,
    "2024-12-31": 0.2885,
    "2023-12-31": 0.3478
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2025-12-31": -0.0817,
    "2024-12-31": -0.0785,
    "2023-12-31": -0.1378
  },
  "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/1018164/000101816426000041/0001018164-26-000041-index.htm",
    "form": "10-K/A",
    "filed": "2026-03-30"
  }
}