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CIK 1274032

Simply, Inc.
CIK 0001274032 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
89.1
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 2022-01-29 ยท TRIGGERED79.6

Restatement predictor

F-Score 2.39 โ€” misstatement risk 2.4x the base rate
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2022-04-22) โ†—
Evidence โ€” inputs and thresholds
{
  "f_score": 2.389,
  "probability": 0.00884,
  "components": {
    "rsst": -0.0953,
    "drec": -0.0006,
    "dinv": 0.0485,
    "soft": 0.8254,
    "dcs": 0.1632,
    "droa": -0.5384,
    "issue": 1
  },
  "model": "Dechow et al. 2011, Model 1 (simplified RSST)",
  "thresholds": {
    "elevated": 1,
    "triggered": 1.85
  },
  "stale": false,
  "latest_filing_period": "2022-01-29",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1274032/000156459022015188/0001564590-22-015188-index.htm",
    "form": "10-K",
    "filed": "2022-04-22"
  }
}
P-13 ยท FY 2022-01-29 ยท TRIGGERED100.0

Zombie / distress

Zombie: interest coverage below 1.0x for 4 consecutive years
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2022-04-22) โ†—
Evidence โ€” inputs and thresholds
{
  "icr_by_year": {
    "2022-01-29": -4.611,
    "2021-01-30": -8.44,
    "2019-12-31": -2.717,
    "2018-12-31": -7.809
  },
  "consecutive_years_below_1": 4,
  "altman_z_double_prime": -11.885,
  "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": -12491000,
    "interest_expense_t": 2709000
  },
  "stale": false,
  "latest_filing_period": "2022-01-29",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1274032/000156459022015188/0001564590-22-015188-index.htm",
    "form": "10-K",
    "filed": "2022-04-22"
  }
}
P-05 ยท FY 2021-01-30 ยท ELEVATED89.4

Tax arbitrage

ETR 1.1% vs 21% statutory โ€” gap persistent across 1 of 1 years
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2022-04-22) โ†—
Evidence โ€” inputs and thresholds
{
  "etr_by_year": {
    "2021-01-30": 0.0115
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2021-01-30": 0.1985
  },
  "note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
  "stale": false,
  "latest_filing_period": "2022-01-29",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1274032/000156459022015188/0001564590-22-015188-index.htm",
    "form": "10-K",
    "filed": "2022-04-22"
  }
}
P-01 ยท FY 2022-01-29 ยท CLEAN22.0

Earnings quality

Beneish M-Score -2.73 โ€” no manipulation profile
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2022-04-22) โ†—
Evidence โ€” inputs and thresholds
{
  "m_score": -2.732,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 0.799,
    "GMI": 1.218,
    "AQI": 0.919,
    "SGI": 1.163,
    "DEPI": 1.668,
    "SGAI": 0.949,
    "LVGI": 0.927,
    "TATA": -0.086
  },
  "defaulted_to_neutral": [],
  "sloan_accruals": -0.0953,
  "inputs": {
    "revenue_t": 79111000,
    "revenue_t1": 68024000,
    "total_assets_t": 30437000,
    "net_income_t": -11121000,
    "cfo_t": -8493000
  },
  "stale": false,
  "latest_filing_period": "2022-01-29",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1274032/000156459022015188/0001564590-22-015188-index.htm",
    "form": "10-K",
    "filed": "2022-04-22"
  }
}