DECOR PRODUCTS INTERNATIONAL, INC.

CIK 0001435717

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Financial snapshot

Revenue

Net income

Operating margin

Free cash flow

Total debt

Cash

Research

Filings

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Analytical signals

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Calculations over this company’s filings, each compared with a stated threshold. They indicate where to read more closely; they are analytical evidence, not conclusions, and none implies wrongdoing.

Earnings quality

P-01 · Calculated

Below threshold

FY 2011-12-31

Beneish M-Score -2.41 is below the reference levels used here

Trend: flat

How reported earnings relate to accruals and to changes in receivables, margins and asset quality.

P-01 inputs
Input	Value
model score (0–100)	31.0
m_score	-2.414
threshold	-1.78
ratios.DSRI	1.404
ratios.GMI	0.953
ratios.AQI	1.728
ratios.SGI	0.708
ratios.DEPI	1
ratios.SGAI	1
ratios.LVGI	1.119
ratios.TATA	-0.059
defaulted_to_neutral	DEPI, SGAI
sloan_accruals	-0.0859
inputs.revenue_t	19007639
inputs.revenue_t1	26828833
inputs.total_assets_t	42645374
inputs.net_income_t	2672785
inputs.cfo_t	6054149
stale	false
latest_filing_period	2011-12-31

Trend

10-K· 2012-04-17 Methodology

Interest coverage

P-13 · Calculated

Not comparable

FY 2011-12-31

Interest coverage: not a valid comparison for this company

Calculated, not presented as a result

The calculation is outside what this model can support: interest expense is zero or negative in a year the test counts (net interest income), so interest coverage is not defined for it.

The raw calculation is kept under Details for audit. It is not shown as a level, a score, a ranking or a multiple of a base rate.

Trend: flat

Whether operating earnings cover interest expense, and for how many consecutive years they did not.

P-13 inputs
Input	Value
icr_by_year.2011-12-31	-8.039
icr_by_year.2010-12-31	-6.131
consecutive_years_below_1	2
altman_z_double_prime	7.769
definitions.zombie	ICR<1 for 3+ consecutive FYs (BIS 2018)
definitions.z_distress	<1.1 distress, 1.1-2.6 gray, >2.6 safe
inputs.ebit_t	4038564
inputs.interest_expense_t	-502359
stale	false
latest_filing_period	2011-12-31
raw_result.score	80
raw_result.level	1
raw_result.headline	Interest coverage -8.04x below 1.0
validity.status	NOT_COMPARABLE
validity.reason	interest expense is zero or negative in a year the test counts (net interest income), so interest coverage is not defined for it

Trend

10-K· 2012-04-17 Methodology

Restatement indicators

P-12 · Calculated

Below threshold

FY 2011-12-31

F-Score 0.92 is at or below the 1.0 reference level

Trend: flat

How closely reported accruals and financing patterns resemble those of companies that later restated.

P-12 inputs
Input	Value
model score (0–100)	30.6
f_score	0.917
probability	0.00339
components.rsst	-0.0859
components.drec	-0.0019
components.dinv	0.0019
components.soft	0.6284
components.dcs	-0.2887
components.droa	-0.0623
components.issue	1
model	Dechow et al. 2011, Model 1 (simplified RSST)
thresholds.elevated	1
thresholds.triggered	1.85
stale	false
latest_filing_period	2011-12-31

Trend

10-K· 2012-04-17 Methodology

No stored result for Subsidiary jurisdictions, ESG disclosure support, Effective tax rate, Pension funding, Insider filing timing, Language change, Strategic-review language, Carbon-exposed assets. Some signals are computed on request, and others need inputs this company’s filings do not tag; a missing result is not a finding either way.

Methodology and sources

Financial figures come from SEC XBRL company facts (annual reports). Choose any evidence marker to see the filing behind a value.
Filing text comes from SEC EDGAR. Browse this company on EDGAR ↗
Signals are calculated by Stratum from those filings. Some use AI to read filing text, and every AI claim must quote the document verbatim or it is discarded. Full methodology

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