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AMD

ADVANCED MICRO DEVICES, INC
CIK 0000002488 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
74.2
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-05 ยท FY 2025-12-27 ยท ELEVATED100.0

Tax arbitrage

ETR -2.5% vs 21% statutory โ€” gap persistent across 2 of 3 years
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2026-02-04) โ†—
Evidence โ€” inputs and thresholds
{
  "etr_by_year": {
    "2025-12-27": -0.0247,
    "2024-12-28": 0.1884,
    "2023-12-30": -0.6811
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2025-12-27": 0.2347,
    "2024-12-28": 0.0216,
    "2023-12-30": 0.8911
  },
  "note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
  "stale": false,
  "latest_filing_period": "2025-12-27",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/2488/000000248826000018/0000002488-26-000018-index.htm",
    "form": "10-K",
    "filed": "2026-02-04"
  }
}
P-01 ยท FY 2025-12-27 ยท CLEAN21.9

Earnings quality

Beneish M-Score -2.73 โ€” no manipulation profile
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2026-02-04) โ†—
Evidence โ€” inputs and thresholds
{
  "m_score": -2.733,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 0.759,
    "GMI": 0.997,
    "AQI": 0.887,
    "SGI": 1.343,
    "DEPI": 1,
    "SGAI": 1.128,
    "LVGI": 1.18,
    "TATA": -0.045
  },
  "defaulted_to_neutral": [
    "DEPI"
  ],
  "sloan_accruals": -0.0462,
  "inputs": {
    "revenue_t": 34639000000,
    "revenue_t1": 25785000000,
    "total_assets_t": 76926000000,
    "net_income_t": 4335000000,
    "cfo_t": 7709000000
  },
  "stale": false,
  "latest_filing_period": "2025-12-27",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/2488/000000248826000018/0000002488-26-000018-index.htm",
    "form": "10-K",
    "filed": "2026-02-04"
  }
}
P-12 ยท FY 2025-12-27 ยท CLEAN20.5

Restatement predictor

F-Score 0.61 โ€” at or below the population base rate
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2026-02-04) โ†—
Evidence โ€” inputs and thresholds
{
  "f_score": 0.614,
  "probability": 0.00227,
  "components": {
    "rsst": -0.0462,
    "drec": 0.0017,
    "dinv": 0.0299,
    "soft": 0.8979,
    "dcs": 0.3386,
    "droa": 0.0326,
    "issue": 0
  },
  "model": "Dechow et al. 2011, Model 1 (simplified RSST)",
  "thresholds": {
    "elevated": 1,
    "triggered": 1.85
  },
  "stale": false,
  "latest_filing_period": "2025-12-27",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/2488/000000248826000018/0000002488-26-000018-index.htm",
    "form": "10-K",
    "filed": "2026-02-04"
  }
}
P-13 ยท FY 2025-12-27 ยท CLEAN0.0

Zombie / distress

Interest coverage 28.20x โ€” servicing debt from operations
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2026-02-04) โ†—
Evidence โ€” inputs and thresholds
{
  "icr_by_year": {
    "2025-12-27": 28.198,
    "2024-12-28": 20.652,
    "2023-12-30": 3.783,
    "2022-12-31": 14.364
  },
  "consecutive_years_below_1": 0,
  "altman_z_double_prime": 7.703,
  "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": 3694000000,
    "interest_expense_t": 131000000
  },
  "stale": false,
  "latest_filing_period": "2025-12-27",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/2488/000000248826000018/0000002488-26-000018-index.htm",
    "form": "10-K",
    "filed": "2026-02-04"
  }
}