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CIK 33113

ENVIRONMENTAL TECTONICS CORP
CIK 0000033113 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
85.8
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-01 ยท FY 2012-02-24 ยท TRIGGERED83.7

Earnings quality

Beneish M-Score -0.91 exceeds the -1.78 manipulation threshold
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2012-08-02) โ†—
Evidence โ€” inputs and thresholds
{
  "m_score": -0.909,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 1.892,
    "GMI": 1.107,
    "AQI": 0.54,
    "SGI": 1.196,
    "DEPI": 0.869,
    "SGAI": 1,
    "LVGI": 1.222,
    "TATA": 0.169
  },
  "defaulted_to_neutral": [
    "SGAI"
  ],
  "sloan_accruals": 0.1937,
  "inputs": {
    "revenue_t": 66294000,
    "revenue_t1": 55451000,
    "total_assets_t": 67786000,
    "net_income_t": 4873000,
    "cfo_t": -6609000
  },
  "stale": false,
  "latest_filing_period": "2012-02-24",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/33113/000114036112034781/0001140361-12-034781-index.htm",
    "form": "10-K",
    "filed": "2012-08-02"
  }
}
P-12 ยท FY 2012-02-24 ยท TRIGGERED73.9

Restatement predictor

F-Score 2.22 โ€” misstatement risk 2.2x the base rate
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2012-08-02) โ†—
Evidence โ€” inputs and thresholds
{
  "f_score": 2.217,
  "probability": 0.0082,
  "components": {
    "rsst": 0.1937,
    "drec": 0.1007,
    "dinv": 0.0022,
    "soft": 0.7303,
    "dcs": 0.0879,
    "droa": -0.2143,
    "issue": 1
  },
  "model": "Dechow et al. 2011, Model 1 (simplified RSST)",
  "thresholds": {
    "elevated": 1,
    "triggered": 1.85
  },
  "stale": false,
  "latest_filing_period": "2012-02-24",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/33113/000114036112034781/0001140361-12-034781-index.htm",
    "form": "10-K",
    "filed": "2012-08-02"
  }
}
P-05 ยท FY 2012-02-24 ยท CLEAN100.0

Tax arbitrage

ETR 35.0% โ€” within normal range of statutory
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2012-08-02) โ†—
Evidence โ€” inputs and thresholds
{
  "etr_by_year": {
    "2012-02-24": 0.3499,
    "2011-02-25": -1.1146
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2012-02-24": -0.1399,
    "2011-02-25": 1.3246
  },
  "note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
  "stale": false,
  "latest_filing_period": "2012-02-24",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/33113/000114036112034781/0001140361-12-034781-index.htm",
    "form": "10-K",
    "filed": "2012-08-02"
  }
}
P-13 ยท FY 2012-02-24 ยท CLEAN0.0

Zombie / distress

Interest coverage 11.09x โ€” servicing debt from operations
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2012-08-02) โ†—
Evidence โ€” inputs and thresholds
{
  "icr_by_year": {
    "2012-02-24": 11.086,
    "2011-02-25": 10.061
  },
  "consecutive_years_below_1": 0,
  "altman_z_double_prime": 4.314,
  "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": 8137000,
    "interest_expense_t": 734000
  },
  "stale": false,
  "latest_filing_period": "2012-02-24",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/33113/000114036112034781/0001140361-12-034781-index.htm",
    "form": "10-K",
    "filed": "2012-08-02"
  }
}