CIK 1227025

NEOPHOTONICS CORP

CIK 0001227025 · EDGAR ↗

cleanelevatedtriggeredno dataplanned

74.7

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-07 · FY 2021-12-31 · TRIGGERED71.8

Pension underfunding

DB plan 0% funded — -$3M deficit (2% of equity)

trend: flat

Trend

Source: 10-K on SEC.gov (filed 2022-02-25) ↗

Evidence — inputs and thresholds

{
  "benefit_obligation": 2717000,
  "plan_assets": 0,
  "funded_ratio": 0,
  "deficit": -2717000,
  "deficit_vs_equity": 0.0178,
  "thresholds": {
    "elevated": "<90% funded",
    "triggered": "<80% funded or deficit >25% of equity"
  },
  "stale": false,
  "latest_filing_period": "2021-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1227025/000122702522000014/0001227025-22-000014-index.htm",
    "form": "10-K",
    "filed": "2022-02-25"
  }
}

P-13 · FY 2021-12-31 · ELEVATED90.0

Zombie / distress

Interest coverage -39.04x below 1.0

trend: flat

Trend

Source: 10-K on SEC.gov (filed 2022-02-25) ↗

Evidence — inputs and thresholds

{
  "icr_by_year": {
    "2021-12-31": -39.04,
    "2020-12-31": 3.017,
    "2019-12-31": -7.578,
    "2018-12-31": -16.71
  },
  "consecutive_years_below_1": 1,
  "altman_z_double_prime": -2.019,
  "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": -37830000,
    "interest_expense_t": 969000
  },
  "stale": false,
  "latest_filing_period": "2021-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1227025/000122702522000014/0001227025-22-000014-index.htm",
    "form": "10-K",
    "filed": "2022-02-25"
  }
}

P-01 · FY 2021-12-31 · CLEAN33.9

Earnings quality

Beneish M-Score -2.31 — no manipulation profile

trend: flat

Trend

Source: 10-K on SEC.gov (filed 2022-02-25) ↗

Evidence — inputs and thresholds

{
  "m_score": -2.315,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 1.564,
    "GMI": 1.193,
    "AQI": 1.059,
    "SGI": 0.782,
    "DEPI": 1.039,
    "SGAI": 1,
    "LVGI": 0.942,
    "TATA": -0.066
  },
  "defaulted_to_neutral": [
    "SGAI"
  ],
  "sloan_accruals": -0.064,
  "inputs": {
    "revenue_t": 290289000,
    "revenue_t1": 371163000,
    "total_assets_t": 305567000,
    "net_income_t": -40719000,
    "cfo_t": -20587000
  },
  "stale": false,
  "latest_filing_period": "2021-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1227025/000122702522000014/0001227025-22-000014-index.htm",
    "form": "10-K",
    "filed": "2022-02-25"
  }
}

P-12 · FY 2021-12-31 · 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 2022-02-25) ↗

Evidence — inputs and thresholds

{
  "f_score": 0.351,
  "probability": 0.0013,
  "components": {
    "rsst": -0.064,
    "drec": 0.0321,
    "dinv": 0.0191,
    "soft": 0.5679,
    "dcs": -0.2451,
    "droa": -0.1198,
    "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/1227025/000122702522000014/0001227025-22-000014-index.htm",
    "form": "10-K",
    "filed": "2022-02-25"
  }
}