Advanced Micro Devices, Inc. — Earnings Quality Grade C
AMD · Technology
Some red flags
Screening Summary
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 67 days, change -21 days YoY
AR growth 2.0% vs revenue growth 34.3%
Revenue 34.3%, CFFO 153.5%. Cash follows revenue
Expense Quality
Inventory 38.1% vs COGS 33.9%. Normal
CapEx growth 53.1% vs revenue 34.3%. Normal
SG&A/Gross Profit = 24.2%, excellent (<30%)
Gross margin 49.5%, change +0.2pp. Stable
Cash Flow Quality
CFFO/NI = 1.78. Profits backed by cash
FCF $6.7B, FCF/NI = 1.55
Accruals ratio = -4.4%. Low accruals
Cash $10.6B covers debt $3.8B
Balance Sheet Health
Goodwill+Intangibles $41.8B = 66% of equity. Over 50%
Debt/EBITDA = 0.5x. Healthy
Other assets 39.2% vs revenue 34.3%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change -4% YoY. Normal
Manipulation Score
M-Score = -2.72 (< -2.22). Unlikely manipulator
Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-08