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CIK 1429627

Texas Gulf Energy Inc
CIK 0001429627 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
73.7
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-13 ยท FY 2013-12-31 ยท ELEVATED100.0

Zombie / distress

Interest coverage -19.53x below 1.0
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2014-04-15) โ†—
Evidence โ€” inputs and thresholds
{
  "icr_by_year": {
    "2013-12-31": -19.526,
    "2012-12-31": -8.569,
    "2011-12-31": 156.855,
    "2010-12-31": -1423.904
  },
  "consecutive_years_below_1": 2,
  "altman_z_double_prime": -5.523,
  "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": -4134437,
    "interest_expense_t": 211741
  },
  "stale": false,
  "latest_filing_period": "2013-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1429627/000114420414022735/0001144204-14-022735-index.htm",
    "form": "10-K",
    "filed": "2014-04-15"
  }
}
P-01 ยท FY 2013-12-31 ยท CLEAN0.0

Earnings quality

Beneish M-Score -8.33 โ€” no manipulation profile
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2014-04-15) โ†—
Evidence โ€” inputs and thresholds
{
  "m_score": -8.325,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 0.974,
    "GMI": 1.266,
    "AQI": 0.861,
    "SGI": 0.354,
    "DEPI": 0.435,
    "SGAI": 2.174,
    "LVGI": 1.074,
    "TATA": -1.077
  },
  "defaulted_to_neutral": [],
  "sloan_accruals": -0.2144,
  "inputs": {
    "revenue_t": 9503019,
    "revenue_t1": 26814839,
    "total_assets_t": 3901334,
    "net_income_t": -289334,
    "cfo_t": 1249708
  },
  "stale": false,
  "latest_filing_period": "2013-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1429627/000114420414022735/0001144204-14-022735-index.htm",
    "form": "10-K",
    "filed": "2014-04-15"
  }
}
P-05 ยท FY 2011-12-31 ยท CLEAN0.0

Tax arbitrage

[FY2011 data, stale โ€” no more recent pretax-income figure in XBRL] ETR 38.1% โ€” within normal range of statutory
trend: flat
Trend
Source: 10-K/A on SEC.gov (filed 2013-07-10) โ†—
Evidence โ€” inputs and thresholds
{
  "etr_by_year": {
    "2011-12-31": 0.3813
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2011-12-31": -0.1713
  },
  "note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
  "stale": true,
  "latest_filing_period": "2013-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1429627/000114420413038964/0001144204-13-038964-index.htm",
    "form": "10-K/A",
    "filed": "2013-07-10"
  }
}
P-12 ยท FY 2013-12-31 ยท CLEAN3.1

Restatement predictor

F-Score 0.09 โ€” at or below the population base rate
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2014-04-15) โ†—
Evidence โ€” inputs and thresholds
{
  "f_score": 0.092,
  "probability": 0.00034,
  "components": {
    "rsst": -0.2144,
    "drec": -0.5936,
    "dinv": null,
    "soft": 0.818,
    "dcs": -0.4867,
    "droa": -0.0413,
    "issue": 0
  },
  "model": "Dechow et al. 2011, Model 1 (simplified RSST)",
  "thresholds": {
    "elevated": 1,
    "triggered": 1.85
  },
  "stale": false,
  "latest_filing_period": "2013-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1429627/000114420414022735/0001144204-14-022735-index.htm",
    "form": "10-K",
    "filed": "2014-04-15"
  }
}