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TDGMW

TIDEWATER INC
CIK 0000098222 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
86.9
composite ยท 2 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-07 ยท FY 2025-12-31 ยท TRIGGERED67.1

Pension underfunding

DB plan 67% funded โ€” -$15M deficit (1% of equity)
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2026-03-02) โ†—
Evidence โ€” inputs and thresholds
{
  "benefit_obligation": 44906000,
  "plan_assets": 30088000,
  "funded_ratio": 0.67,
  "deficit": -14818000,
  "deficit_vs_equity": 0.0109,
  "thresholds": {
    "elevated": "<90% funded",
    "triggered": "<80% funded or deficit >25% of equity"
  },
  "stale": false,
  "latest_filing_period": "2025-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/98222/000143774926006391/0001437749-26-006391-index.htm",
    "form": "10-K",
    "filed": "2026-03-02"
  }
}
P-05 ยท FY 2025-12-31 ยท ELEVATED91.8

Tax arbitrage

ETR -51.4% vs 21% statutory โ€” gap persistent across 1 of 3 years
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2026-03-02) โ†—
Evidence โ€” inputs and thresholds
{
  "etr_by_year": {
    "2025-12-31": -0.514,
    "2024-12-31": 0.2188,
    "2023-12-31": 0.3117
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2025-12-31": 0.724,
    "2024-12-31": -0.0088,
    "2023-12-31": -0.1017
  },
  "note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
  "stale": false,
  "latest_filing_period": "2025-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/98222/000143774926006391/0001437749-26-006391-index.htm",
    "form": "10-K",
    "filed": "2026-03-02"
  }
}