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CIK 1964021

noco-noco Inc.
CIK 0001964021 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
98.0
composite ยท 2 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-05 ยท FY 2024-06-30 ยท ELEVATED100.0

Tax arbitrage

ETR 0.0% vs 21% statutory โ€” gap persistent across 2 of 2 years
trend: flat
Trend
Source: 20-F on SEC.gov (filed 2024-12-26) โ†—
Evidence โ€” inputs and thresholds
{
  "etr_by_year": {
    "2024-06-30": 0,
    "2023-06-30": 0
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2024-06-30": 0.21,
    "2023-06-30": 0.21
  },
  "note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
  "stale": false,
  "latest_filing_period": "2024-06-30",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1964021/000095017024139951/0000950170-24-139951-index.htm",
    "form": "20-F",
    "filed": "2024-12-26"
  }
}
P-13 ยท FY 2024-06-30 ยท ELEVATED90.0

Zombie / distress

Interest coverage -1174.47x below 1.0
trend: flat
Trend
Source: 20-F on SEC.gov (filed 2024-12-26) โ†—
Evidence โ€” inputs and thresholds
{
  "icr_by_year": {
    "2024-06-30": -1174.465,
    "2023-06-30": null,
    "2022-06-30": null
  },
  "consecutive_years_below_1": 1,
  "altman_z_double_prime": -344.387,
  "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": -8075623,
    "interest_expense_t": 6876
  },
  "stale": false,
  "latest_filing_period": "2024-06-30",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1964021/000095017024139951/0000950170-24-139951-index.htm",
    "form": "20-F",
    "filed": "2024-12-26"
  }
}