CIK 825411

SEVCON, INC.

CIK 0000825411 · EDGAR ↗

cleanelevatedtriggeredno dataplanned

82.8

composite · 5 signals · TRIGGERED

Every card below shows the score and the exact filing data it was computed from — 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 — never a guess.

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Signals

P-07 · FY 2016-09-30 · TRIGGERED98.1

Pension underfunding

DB plan 66% funded — -$12M deficit (53% of equity)

trend: flat

Trend

Source: 10-K on SEC.gov (filed 2016-12-23) ↗

Evidence — inputs and thresholds

{
  "benefit_obligation": 33790000,
  "plan_assets": 22279000,
  "funded_ratio": 0.6593,
  "deficit": -11511000,
  "deficit_vs_equity": 0.5295,
  "thresholds": {
    "elevated": "<90% funded",
    "triggered": "<80% funded or deficit >25% of equity"
  },
  "stale": false,
  "latest_filing_period": "2016-09-30",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/825411/000114036116090664/0001140361-16-090664-index.htm",
    "form": "10-K",
    "filed": "2016-12-23"
  }
}

P-01 · FY 2016-09-30 · ELEVATED37.7

Earnings quality

Beneish M-Score -2.18 in the elevated zone

trend: flat

Trend

Source: 10-K on SEC.gov (filed 2016-12-23) ↗

Evidence — inputs and thresholds

{
  "m_score": -2.179,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 1.056,
    "GMI": 1.19,
    "AQI": 1.751,
    "SGI": 1.21,
    "DEPI": 0.62,
    "SGAI": 1.13,
    "LVGI": 1.844,
    "TATA": 0
  },
  "defaulted_to_neutral": [
    "TATA"
  ],
  "sloan_accruals": null,
  "inputs": {
    "revenue_t": 49801000,
    "revenue_t1": 41142000,
    "total_assets_t": 68973000,
    "net_income_t": -5813000,
    "cfo_t": null
  },
  "stale": false,
  "latest_filing_period": "2016-09-30",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/825411/000114036116090664/0001140361-16-090664-index.htm",
    "form": "10-K",
    "filed": "2016-12-23"
  }
}

P-12 · FY 2016-09-30 · ELEVATED61.6

Restatement predictor

F-Score 1.85 — misstatement risk 1.8x the base rate

trend: flat

Trend

Source: 10-K on SEC.gov (filed 2016-12-23) ↗

Evidence — inputs and thresholds

{
  "f_score": 1.849,
  "probability": 0.00684,
  "components": {
    "rsst": null,
    "drec": 0.0479,
    "dinv": 0.1315,
    "soft": 0.7395,
    "dcs": 0.1496,
    "droa": -0.1285,
    "issue": 1
  },
  "model": "Dechow et al. 2011, Model 1 (simplified RSST)",
  "thresholds": {
    "elevated": 1,
    "triggered": 1.85
  },
  "stale": false,
  "latest_filing_period": "2016-09-30",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/825411/000114036116090664/0001140361-16-090664-index.htm",
    "form": "10-K",
    "filed": "2016-12-23"
  }
}

P-13 · FY 2016-09-30 · ELEVATED70.0

Zombie / distress

Interest coverage -12.61x below 1.0

trend: flat

Trend

Source: 10-K on SEC.gov (filed 2016-12-23) ↗

Evidence — inputs and thresholds

{
  "icr_by_year": {
    "2016-09-30": -12.61,
    "2015-09-30": 24.921,
    "2014-09-30": 7.537,
    "2013-09-30": -9.386
  },
  "consecutive_years_below_1": 1,
  "altman_z_double_prime": 2.782,
  "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": -5334000,
    "interest_expense_t": 423000
  },
  "stale": false,
  "latest_filing_period": "2016-09-30",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/825411/000114036116090664/0001140361-16-090664-index.htm",
    "form": "10-K",
    "filed": "2016-12-23"
  }
}

P-05 · FY 2015-09-30 · CLEAN31.4

Tax arbitrage

ETR 20.9% — within normal range of statutory

trend: flat

Trend

Source: 10-K on SEC.gov (filed 2016-12-23) ↗

Evidence — inputs and thresholds

{
  "etr_by_year": {
    "2015-09-30": 0.2087,
    "2014-09-30": 0.1042
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2015-09-30": 0.0013,
    "2014-09-30": 0.1058
  },
  "note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
  "stale": false,
  "latest_filing_period": "2016-09-30",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/825411/000114036116090664/0001140361-16-090664-index.htm",
    "form": "10-K",
    "filed": "2016-12-23"
  }
}