Saul Centers, Inc. — Earnings Quality Grade F
BFS · Real Estate
Major red flags
Screening Summary
Management Signals
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 77 days, change +7 days YoY
AR growth 19.3% exceeds revenue growth 7.8%
Revenue 7.8%, CFFO -17.7%. Cash follows revenue
Expense Quality
No material inventory
Insufficient data
SG&A/Gross Profit = 13.1%, excellent (<30%)
Gross margin 70.9%, change -2.3pp. Stable
Cash Flow Quality
CFFO/NI = 2.66. Profits backed by cash
FCF $0.1B, FCF/NI = 2.66
Accruals ratio = -2.9%. Low accruals
Cash $0.0B covers only 1% of debt $1.6B
Balance Sheet Health
No goodwill. Clean balance sheet
Debt/EBITDA = 9.1x (>4x). Interest coverage = 1.8x (<2x). Financial stress
Other assets -21.5% vs revenue 7.8%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions positive
No goodwill
Manipulation Score
Insufficient data
Portfolio monitoring
Monitor BFS continuously
The full checks and model details are free to read. Use Watchlist to track your holdings; Pro adds automatic quarterly rescoring, risk-event email alerts, scans up to 50 tickers, and export workflows.
Altman Z-Score — Not Applicable
Saul Centers, Inc. is a financial company. Z-Score is designed for non-financial companies.
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25