CIK 1169652

CHANNELADVISOR CORP

CIK 0001169652 · EDGAR ↗

cleanelevatedtriggeredno dataplanned

80.8

composite · 3 signals · ELEVATED

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 2021-12-31 · ELEVATED45.6

Earnings quality

Beneish M-Score -2.01 in the elevated zone

trend: flat

Trend

Source: 10-K on SEC.gov (filed 2022-02-10) ↗

Evidence — inputs and thresholds

{
  "m_score": -2.013,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 1.012,
    "GMI": 1,
    "AQI": 1.063,
    "SGI": 1.156,
    "DEPI": 0.929,
    "SGAI": 1,
    "LVGI": 0.855,
    "TATA": 0.054
  },
  "defaulted_to_neutral": [
    "GMI",
    "SGAI"
  ],
  "sloan_accruals": 0.0616,
  "inputs": {
    "revenue_t": 167700000,
    "revenue_t1": 145100000,
    "total_assets_t": 239972000,
    "net_income_t": 47215000,
    "cfo_t": 34252000
  },
  "stale": false,
  "latest_filing_period": "2021-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1169652/000116965222000007/0001169652-22-000007-index.htm",
    "form": "10-K",
    "filed": "2022-02-10"
  }
}

P-05 · FY 2021-12-31 · ELEVATED100.0

Tax arbitrage

ETR -161.4% vs 21% statutory — gap persistent across 2 of 3 years

trend: flat

Trend

Source: 10-K on SEC.gov (filed 2022-02-10) ↗

Evidence — inputs and thresholds

{
  "etr_by_year": {
    "2021-12-31": -1.6136,
    "2020-12-31": 0.023,
    "2019-12-31": 0.1652
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2021-12-31": 1.8236,
    "2020-12-31": 0.187,
    "2019-12-31": 0.0448
  },
  "note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
  "stale": false,
  "latest_filing_period": "2021-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1169652/000116965222000007/0001169652-22-000007-index.htm",
    "form": "10-K",
    "filed": "2022-02-10"
  }
}

P-12 · FY 2021-12-31 · CLEAN10.3

Restatement predictor

F-Score 0.31 — at or below the population base rate

trend: flat

Trend

Source: 10-K on SEC.gov (filed 2022-02-10) ↗

Evidence — inputs and thresholds

{
  "f_score": 0.309,
  "probability": 0.00114,
  "components": {
    "rsst": 0.0616,
    "drec": 0.0199,
    "dinv": null,
    "soft": 0.5489,
    "dcs": 0.1269,
    "droa": 0.0926,
    "issue": 0
  },
  "model": "Dechow et al. 2011, Model 1 (simplified RSST)",
  "thresholds": {
    "elevated": 1,
    "triggered": 1.85
  },
  "stale": false,
  "latest_filing_period": "2021-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1169652/000116965222000007/0001169652-22-000007-index.htm",
    "form": "10-K",
    "filed": "2022-02-10"
  }
}