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IBG

Innovation Beverage Group Limited
CIK 0001924482 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
75.4
composite ยท 3 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-13 ยท FY 2024-12-31 ยท ELEVATED100.0

Zombie / distress

Interest coverage -13.09x below 1.0
trend: flat
Trend
Source: 20-F on SEC.gov (filed 2025-05-15) โ†—
Evidence โ€” inputs and thresholds
{
  "icr_by_year": {
    "2024-12-31": -13.094,
    "2023-12-31": -8.212
  },
  "consecutive_years_below_1": 2,
  "altman_z_double_prime": -8.534,
  "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": -3197040,
    "interest_expense_t": 244166
  },
  "stale": false,
  "latest_filing_period": "2024-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1924482/000173112225000769/0001731122-25-000769-index.htm",
    "form": "20-F",
    "filed": "2025-05-15"
  }
}
P-01 ยท FY 2024-12-31 ยท CLEAN0.0

Earnings quality

Beneish M-Score -4.33 โ€” no manipulation profile
trend: flat
Trend
Source: 20-F on SEC.gov (filed 2025-05-15) โ†—
Evidence โ€” inputs and thresholds
{
  "m_score": -4.327,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 0.054,
    "GMI": 0.857,
    "AQI": 0.822,
    "SGI": 0.931,
    "DEPI": 1.169,
    "SGAI": 1,
    "LVGI": 0.53,
    "TATA": -0.201
  },
  "defaulted_to_neutral": [
    "SGAI"
  ],
  "sloan_accruals": -0.2015,
  "inputs": {
    "revenue_t": 2931243,
    "revenue_t1": 3147763,
    "total_assets_t": 4955373,
    "net_income_t": -2571333,
    "cfo_t": -1575298
  },
  "stale": false,
  "latest_filing_period": "2024-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1924482/000173112225000769/0001731122-25-000769-index.htm",
    "form": "20-F",
    "filed": "2025-05-15"
  }
}
P-12 ยท FY 2024-12-31 ยท CLEAN15.4

Restatement predictor

F-Score 0.46 โ€” at or below the population base rate
trend: flat
Trend
Source: 20-F on SEC.gov (filed 2025-05-15) โ†—
Evidence โ€” inputs and thresholds
{
  "f_score": 0.463,
  "probability": 0.00171,
  "components": {
    "rsst": -0.2015,
    "drec": -0.0564,
    "dinv": 0.0257,
    "soft": 0.8536,
    "dcs": 0.0199,
    "droa": -0.1105,
    "issue": 0
  },
  "model": "Dechow et al. 2011, Model 1 (simplified RSST)",
  "thresholds": {
    "elevated": 1,
    "triggered": 1.85
  },
  "stale": false,
  "latest_filing_period": "2024-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1924482/000173112225000769/0001731122-25-000769-index.htm",
    "form": "20-F",
    "filed": "2025-05-15"
  }
}