Assay
Financial-condition grades for SEC filers
Company Report · as of Oct 9, 2026
|
| Stran & Company, Inc.SWAG · other | |
|---|---|
| Grade |  A/Bon the A/B boundary of 336 graded peers; percentile 20.1, sampling error 2.6 points; lower is stronger |
| Rank | 68 of 336 |
| Profitability | Cpercentile 48.9 |
| Solvency | A/Bpercentile 22.3 |
| Growth and financing | B/Cpercentile 39.6 |
| Reliability | 0.83 AUCfailure model, filers with $12.5M to $120M assets; 95% interval 0.79 to 0.86; 201 events, 2020 to 2025 |
| Peer failure rate | 1.07% a yearItem 1.03 bankruptcies, same asset band, 2012 to 2025 |
| Size band | $12.5M to $120M assetstotal assets $49.3M[1] |
| Standard universe | insiderevenue above $1M and assets above $10M[1-2] |
| Warnings | late filer · fortress balance sheetnot computable: dilution, distress |
| Inputs computable | 7 of 14 |
| Graded from | filings received through Mar 25, 2026198 days before the rescan; every figure keyed to the SEC receipt date |
| Last close | $1.452026-10-05; market equity $0; iex feed |
| Price used in grade | None |
| Share price, twelve months to the rescansplit-adjusted close; a lollipop at every rescan carries the letter held then; baseline ticks are SEC receipt dates of the inputs; ranges and dragging scroll the full history | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Percentile at every rescan on file, Jan 21, 2012 to Oct 9, 2026; stronger toward the top. Hover for the date. Open this report as it stood on | ||||||||||||||||
Each date opens the report as it stood on that rescan. |
Business, in the company's words. Opening of Item 1 of the 10-K received Mar 25, 2026; the document on sec.gov.
are an outsourced marketing solutions provider, working closely with our customers to develop sophisticated marketing programs that leverage our promotional products and loyalty incentive expertise. We develop long-term relationships with our customers, enabling them to connect with both their customers and employees in order to build lasting brand loyalty. It is our mission to drive brand awareness and affect behavior through visual, creative, and technology solutions. purchase products and branding through various third-party manufacturers and decorators and resell the finished goods to customers.
Warnings [top]
7 checks ran; none of them enters the letter. The checks are listed on the warnings screen.
The Fourteen Inputs [top]
Lower percentile is stronger. Source numbers open the SEC filing; a range that spans filings opens the sources table.
| Input | Percentile, 0 to 100 | Value | Source | Peer median | Percentile | Peers | Period end |
|---|---|---|---|---|---|---|---|
| Profitability, sleeve percentile 48.9 | |||||||
| Gross profitability | 69.4% | [1,5] | 27.1% | 6.1 | 289 | 2025-12-31 | |
| Return on invested capital | not computable | 10.0% | |||||
| a prior annual debt, equity, and cash observation is required | |||||||
| Accruals ratio | 7.5% | [1,6-8] | (5.9%) | 94.2 | 506 | 2025-12-31 | |
| Gross margin stability, five years | 2.0 pts | [2,5,9-16] | 2.2 pts | 46.6 | 204 | 2025-12-31 | |
| Solvency, sleeve percentile 22.3 | |||||||
| Twelve-month failure probability | not computable | 0.04% | |||||
| firm-wide XBRL shares cannot be assigned to one ticker class | |||||||
| Altman Z double-prime | 3.88 | [1,17-22] | 2.05 | 21.9 | 386 | 2025-12-31 | |
| Net debt to EBITDA | not computable | 2.52x | |||||
| EBITDA must exceed $100,000 | |||||||
| Interest coverage | not computable | 2.18x | |||||
| latest aligned inputs end 2021-12-31; latest annual assets end 2025-12-31 | |||||||
| Current ratio | 2.34x | [17-18] | 1.32x | 22.7 | 506 | 2025-12-31 | |
| Growth and financing, sleeve percentile 39.6 | |||||||
| Revenue growth, three-year compound | 26.1% | [2,10,12,14] | 5.1% | 9.3 | 403 | 2025-12-31 | |
| Free cash flow growth, three-year compound | not computable | 8.7% | |||||
| current FCF must be positive and base FCF must exceed $100,000 | |||||||
| Reinvestment rate | not computable | 11.9% | |||||
| pretax income must exceed the validity floor and imply a 0%-100% tax rate | |||||||
| Asset growth, three years | (0.6%) | [1,8,23-24] | 4.1% | 69.9 | 438 | 2025-12-31 | |
| Net share issuance, one year | not computable | (0.4%) | |||||
| firm-wide XBRL shares cannot be assigned to one ticker class | |||||||
Gross profitability. Revenue less cost of goods sold, over total assets.
Accruals ratio. Net income less operating cash flow, over average assets; lower is stronger.
Gross margin stability, five years. Standard deviation of gross margin; lower is stronger.
Twelve-month failure probability. CHS model; lower is stronger.
Net debt to EBITDA. Lower is stronger.
Net share issuance, one year. Split-adjusted; lower is stronger.
Sleeves are equal-weighted; within a sleeve each computable input carries equal weight. Composite -0.271; sampling error 2.6 percentile points on 336 peers.
Among 336 Peers [top]
Composite score of every graded peer, smoothed. Vertical rules are the letter band edges at the 20th, 40th, 60th and 80th percentiles. Small dots are the six largest peers by market equity.
| Rank | Company | Percentile | Letter | Warnings |
|---|---|---|---|---|
| 63 | Construction Partners, Inc. (ROAD) Construction Partners, Inc. (ROAD) A/Bon the A/B boundary; percentile 18.5 Nasdaq · Heavy Construction Other Than Bldg Const - Contractors last close $88.45 No active warnings; 10 of 14 inputs | 18.5 | A/B | |
| 64 | RCM Technologies, Inc. (RCMT) RCM Technologies, Inc. (RCMT) A/Bon the A/B boundary; percentile 18.8 Nasdaq · Services-Help Supply Services market equity $297.6M; last close $42.00 Warnings: late filer; 9 of 14 inputs | 18.8 | A/B | late filer |
| 65 | UFP Industries Inc. (UFPI) UFP Industries Inc. (UFPI) A/Bon the A/B boundary; percentile 19.1 Nasdaq · Sawmills & Planting Mills, General market equity $4.2B; last close $76.46 Warnings: fortress balance sheet; 13 of 14 inputs | 19.1 | A/B | fortress balance sheet |
| 66 | Argan Inc. (AGX) Argan Inc. (AGX) A/Bon the A/B boundary; percentile 19.4 NYSE · Construction - Special Trade Contractors market equity $5.6B; last close $399.36 No active warnings; 10 of 14 inputs | 19.4 | A/B | |
| 67 | Hunt J B Transport Services Inc. (JBHT) Hunt J B Transport Services Inc. (JBHT) A/Bon the A/B boundary; percentile 19.7 Nasdaq · Trucking (No Local) market equity $21.5B; last close $228.51 No active warnings; 8 of 14 inputs | 19.7 | A/B | |
| 68 | Stran & Company, Inc. (SWAG) Stran & Company, Inc. (SWAG) A/Bon the A/B boundary; percentile 20.1 Nasdaq · Services-Advertising Agencies last close $1.45 Warnings: late filer, fortress balance sheet; 7 of 14 inputs | 20.1 | A/B | late filer, fortress balance sheet |
| 69 | Stran & Company, Inc. (SWAGW) Stran & Company, Inc. (SWAGW) A/Bon the A/B boundary; percentile 20.1 Nasdaq · Services-Advertising Agencies last close $0.15 Warnings: late filer, fortress balance sheet; 7 of 14 inputs | 20.1 | A/B | late filer, fortress balance sheet |
| 70 | Allegion plc (ALLE) Allegion plc (ALLE) A/Bon the A/B boundary; percentile 20.6 NYSE · Services-Detective, Guard & Armored Car Services market equity $12.8B; last close $150.06 No active warnings; 13 of 14 inputs | 20.6 | A/B | |
| 71 | Information Services Group Inc. (III) Information Services Group Inc. (III) A/Bon the A/B boundary; percentile 20.9 Nasdaq · Services-Management Consulting Services market equity $276.9M; last close $5.70 No active warnings; 10 of 14 inputs | 20.9 | A/B | |
| 72 | Laureate Education, Inc. (LAUR) Laureate Education, Inc. (LAUR) A/Bon the A/B boundary; percentile 21.2 Nasdaq · Services-Educational Services market equity $5.4B; last close $39.20 Warnings: fortress balance sheet; 12 of 14 inputs | 21.2 | A/B | fortress balance sheet |
| 73 | Live Nation Entertainment, Inc. (LYV) Live Nation Entertainment, Inc. (LYV) A/Bon the A/B boundary; percentile 21.5 NYSE · Services-Amusement & Recreation Services market equity $40.4B; last close $171.37 No active warnings; 10 of 14 inputs | 21.5 | A/B |
| Peer policy | Letter | Percentile | Peers |
|---|---|---|---|
| all graded filers, equal sleeves | B | 24.9 | 2204 |
| sector peers, equal sleeves (the grade) | A/B | 20.1 | 336 |
| same exchange, equal sleeves | B | 26.1 | 1219 |
| sector peers, equal inputs | A/B | 22.5 | 336 |
Each letter is one fifth of the 336 graded peers, about 67 companies. A boundary letter (A/B, B/C, C/D, D/E) marks a percentile within one sampling error of a band edge.
What the Price Implies [top]
Market measures at the 2026-10-05 close. None enters the grade. Percentile among graded peers with the same measure.
| Measure | Value | Peer median | Percentile | Reading |
|---|---|---|---|---|
| Twelve-month price change, skipping the latest month | 5.4% | 2.0% | 53 | hotter than 53 of 100 peers |
| Distance from 52-week high | (57.2%) | (26.8%) | 15 | closer to its high than 15 of 100 peers |
| EBIT to enterprise value | not computable | 4.4% | required accounting or market input is missing | |
| Free cash flow yield | not computable | 4.1% | required accounting or market input is missing | |
| Book value to price | not computable | 0.34 | required accounting or market input is missing | |
| Sales to price | not computable | 0.70 | required accounting or market input is missing | |
| Composite equity issuance, five years | not computable | (8.8%) | required accounting or market input is missing | |
| Relative strength against the sector, log excess return | (0.09) | (0.13) | 53 | ahead of 53 of 100 peers |
Inputs: EBIT -$2.0M; free cash flow -$5.5M; book equity $31.5M; sales $116.2M; debt $762,946; cash $7.4M[25].
Diagnostics [top]
Diagnostics do not feed the grade.
| Piotroski F-score: None of 9, period end 2025-12-31 | ||
|---|---|---|
| Return on assets above zero | (1.4%) | ✗ fail[6,8] |
| Operating cash flow above zero | -$4.7M | ✗ fail[7] |
| Return on assets improved | 7.1 pts | ✓ pass[6,8,23,26] |
| Operating cash flow exceeds net income | -$3.9M | ✗ fail[6-7] |
| Long-term leverage fell | n/a[1,8,23] | |
| Current ratio improved | 29.2 pts | ✓ pass[17-18,27-28] |
| No new shares issued | n/a | |
| Gross margin improved | (1.8 pts) | ✗ fail[2,5,9-10] |
| Asset turnover improved | 42.1 pts | ✓ pass[2,8,10,23] |
Downloads [top]
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Sources [top]
Every citation on this page. Filing opens the SEC index page for that submission; viewer opens the SEC interactive data for the same filing; series opens the SEC XBRL API record for that tag and company.
| # | Concept | XBRL tag | Value | Period end | Received | Form | Links |
|---|---|---|---|---|---|---|---|
| 1 | assets | us-gaap:Assets | $49.3M | 2025-12-31 | 2026-03-25 | 10-K | filing · viewer · series |
| 2 | revenue | us-gaap:Revenues | $116.2M | 2025-12-31 | 2026-03-25 | 10-K | filing · viewer · series |
| 3 | cash | us-gaap:CashAndCashEquivalentsAtCarryingValue | $15.3M | 2022-12-31 | 2023-03-30 | 10-K | filing · viewer · series |
| 4 | total debt | us-gaap:LongTermDebtAndCapitalLeaseObligations | $460,089 | 2022-12-31 | 2023-03-30 | 10-K | filing · viewer · series |
| 5 | gross profit | us-gaap:GrossProfit | $34.2M | 2025-12-31 | 2026-03-25 | 10-K | filing · viewer · series |
| 6 | net income | us-gaap:NetIncomeLoss | -$747,000 | 2025-12-31 | 2026-03-25 | 10-K | filing · viewer · series |
| 7 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | -$4.7M | 2025-12-31 | 2026-03-25 | 10-K | filing · viewer · series |
| 8 | assets | us-gaap:Assets | $55.1M | 2024-12-31 | 2026-03-25 | 10-K | filing · viewer · series |
| 9 | gross profit | us-gaap:GrossProfit | $25.8M | 2024-12-31 | 2026-03-25 | 10-K | filing · viewer · series |
| 10 | revenue | us-gaap:Revenues | $82.7M | 2024-12-31 | 2026-03-25 | 10-K | filing · viewer · series |
| 11 | gross profit | us-gaap:GrossProfit | $24.9M | 2023-12-31 | 2025-04-14 | 10-K | filing · viewer · series |
| 12 | revenue | us-gaap:Revenues | $76.0M | 2023-12-31 | 2025-04-14 | 10-K | filing · viewer · series |
| 13 | gross profit | us-gaap:GrossProfit | $15.4M | 2022-12-31 | 2025-01-22 | 10-K/A | filing · viewer · series |
| 14 | revenue | us-gaap:Revenues | $57.9M | 2022-12-31 | 2025-01-22 | 10-K/A | filing · viewer · series |
| 15 | gross profit | us-gaap:GrossProfit | $11.8M | 2021-12-31 | 2023-03-30 | 10-K | filing · viewer · series |
| 16 | revenue | us-gaap:Revenues | $39.7M | 2021-12-31 | 2023-03-30 | 10-K | filing · viewer · series |
| 17 | current assets | us-gaap:AssetsCurrent | $38.6M | 2025-12-31 | 2026-03-25 | 10-K | filing · viewer · series |
| 18 | current liabilities | us-gaap:LiabilitiesCurrent | $16.5M | 2025-12-31 | 2026-03-25 | 10-K | filing · viewer · series |
| 19 | retained earnings | us-gaap:RetainedEarningsAccumulatedDeficit | -$7.5M | 2025-12-31 | 2026-03-25 | 10-K | filing · viewer · series |
| 20 | operating income | us-gaap:OperatingIncomeLoss | -$2.0M | 2025-12-31 | 2026-03-25 | 10-K | filing · viewer · series |
| 21 | book equity | us-gaap:StockholdersEquity | $30.5M | 2025-12-31 | 2026-03-25 | 10-K | filing · viewer · series |
| 22 | liabilities | us-gaap:Liabilities | $18.8M | 2025-12-31 | 2026-03-25 | 10-K | filing · viewer · series |
| 23 | assets | us-gaap:Assets | $49.0M | 2023-12-31 | 2025-04-14 | 10-K | filing · viewer · series |
| 24 | assets | us-gaap:Assets | $50.2M | 2022-12-31 | 2025-01-22 | 10-K/A | filing · viewer · series |
| 25 | shares outstanding | dei:EntityCommonStockSharesOutstanding | 18,639,589 | 2026-08-07 | 2026-08-11 | 10-Q | filing · viewer · series |
| 26 | net income | us-gaap:NetIncomeLoss | -$4.1M | 2024-12-31 | 2026-03-25 | 10-K | filing · viewer · series |
| 27 | current assets | us-gaap:AssetsCurrent | $45.5M | 2024-12-31 | 2026-03-25 | 10-K | filing · viewer · series |
| 28 | current liabilities | us-gaap:LiabilitiesCurrent | $22.2M | 2024-12-31 | 2026-03-25 | 10-K | filing · viewer · series |
| 29 | cash | us-gaap:CashAndCashEquivalentsAtCarryingValue | $7.4M | 2026-06-30 | 2026-08-11 | 10-Q | filing · viewer · series |
| 30 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | $1.6M | 2026-06-30 | 2026-08-11 | 10-Q | filing · viewer · series |
| 31 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | $1.2M | 2026-03-31 | 2026-05-12 | 10-Q | filing · viewer · series |
| 32 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | -$4.8M | 2025-09-30 | 2025-11-12 | 10-Q | filing · viewer · series |
| 33 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | $534,000 | 2025-06-30 | 2026-08-11 | 10-Q | filing · viewer · series |
Limitations [top]
Grade boundary. Percentile 20.1 is 0.1 points from the nearest band edge; sampling error is 2.6 points.
Peer group. Sector assignment from four-digit SIC codes, hand-tuned and published. The grade under three alternative peer policies is tabled above.
Size. Within a sector the letter tracks size. Among graded filers in the smallest asset band, 72% grade E and 0% grade A; in the largest, 13% grade E and 21% grade A. Universe as of Oct 9, 2026.
Failure model. filings 2012-01-01 to 2019-12-31 fit, filings 2020-01-01 to 2025-12-31 test; status post hoc pending confirmation. pre-registered on 2026 filings once their 12-month outcome windows close; supported if the paired per-quintile gain over the pooled model has a lower bound above 0.05.
Input validity. Revenue or total assets at or below $100,000 sets the degenerate-inputs flag. An input whose denominator is at or below $100,000 is left not computable rather than ranked.
Returns. No input on this page has a post-2015 confidence interval on returns that excludes zero. The grade ranks reported financial condition and is not a return forecast.
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