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CIK 1453818

HGR Liquidating Trust
CIK 0001453818 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
84.0
composite ยท 2 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-05 ยท FY 2019-12-31 ยท TRIGGERED100.0

Tax arbitrage

[FY2019 data, stale โ€” no more recent pretax-income figure in XBRL] ETR 0.9% vs 21% statutory โ€” gap persistent across 3 of 3 years
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2022-03-31) โ†—
Evidence โ€” inputs and thresholds
{
  "etr_by_year": {
    "2019-12-31": 0.0089,
    "2018-12-31": 0.0244,
    "2017-12-31": -0.0229
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2019-12-31": 0.2011,
    "2018-12-31": 0.1856,
    "2017-12-31": 0.2329
  },
  "note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
  "stale": true,
  "latest_filing_period": "2021-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1453818/000145381822000006/0001453818-22-000006-index.htm",
    "form": "10-K",
    "filed": "2022-03-31"
  }
}
P-13 ยท FY 2017-12-31 ยท ELEVATED20.0

Zombie / distress

[FY2017 data, stale โ€” no more recent EBIT figure in XBRL] Altman Z'' 0.73 in the distress zone
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2020-03-30) โ†—
Evidence โ€” inputs and thresholds
{
  "icr_by_year": {
    "2017-12-31": 1.091,
    "2016-12-31": 1.598,
    "2015-12-31": 1.075,
    "2014-12-31": 0.462
  },
  "consecutive_years_below_1": 0,
  "altman_z_double_prime": 0.731,
  "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": 64857000,
    "interest_expense_t": 59461000
  },
  "stale": true,
  "latest_filing_period": "2021-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1453818/000145381820000005/0001453818-20-000005-index.htm",
    "form": "10-K",
    "filed": "2020-03-30"
  }
}