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MGNC

MAG MAGNA CORP.
CIK 0001949864 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
97.4
composite ยท 3 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 2025-04-30 ยท TRIGGERED100.0

Earnings quality

Beneish M-Score 6.60 exceeds the -1.78 manipulation threshold
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2025-07-23) โ†—
Evidence โ€” inputs and thresholds
{
  "m_score": 6.604,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 1,
    "GMI": 1,
    "AQI": 5.402,
    "SGI": 8.912,
    "DEPI": 1,
    "SGAI": 1,
    "LVGI": 1.162,
    "TATA": 0.064
  },
  "defaulted_to_neutral": [
    "DSRI",
    "GMI",
    "DEPI",
    "SGAI"
  ],
  "sloan_accruals": 0.0805,
  "inputs": {
    "revenue_t": 49905,
    "revenue_t1": 5600,
    "total_assets_t": 144297,
    "net_income_t": -52254,
    "cfo_t": -61558
  },
  "stale": false,
  "latest_filing_period": "2025-04-30",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1949864/000194986425000021/0001949864-25-000021-index.htm",
    "form": "10-K",
    "filed": "2025-07-23"
  }
}
P-12 ยท FY 2025-04-30 ยท TRIGGERED80.7

Restatement predictor

F-Score 2.42 โ€” misstatement risk 2.4x the base rate
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2025-07-23) โ†—
Evidence โ€” inputs and thresholds
{
  "f_score": 2.421,
  "probability": 0.00896,
  "components": {
    "rsst": 0.0805,
    "drec": null,
    "dinv": null,
    "soft": 1,
    "dcs": 7.9116,
    "droa": 0.2239,
    "issue": 0
  },
  "model": "Dechow et al. 2011, Model 1 (simplified RSST)",
  "thresholds": {
    "elevated": 1,
    "triggered": 1.85
  },
  "stale": false,
  "latest_filing_period": "2025-04-30",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1949864/000194986425000021/0001949864-25-000021-index.htm",
    "form": "10-K",
    "filed": "2025-07-23"
  }
}
P-13 ยท FY 2025-04-30 ยท ELEVATED100.0

Zombie / distress

Interest coverage -26128.00x below 1.0
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2025-07-23) โ†—
Evidence โ€” inputs and thresholds
{
  "icr_by_year": {
    "2025-04-30": -26128,
    "2024-04-30": -2312.5
  },
  "consecutive_years_below_1": 2,
  "altman_z_double_prime": -14.718,
  "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": -52256,
    "interest_expense_t": 2
  },
  "stale": false,
  "latest_filing_period": "2025-04-30",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1949864/000194986425000021/0001949864-25-000021-index.htm",
    "form": "10-K",
    "filed": "2025-07-23"
  }
}