Consolidated Water Co. Ltd. — Earnings Quality Grade A
CWCO · Utilities
Strong financial health
Screening Summary
Management Signals
Source: SEC EDGAR 8-K Item 5.02, with exhibit links when available
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 93 days, change -17 days YoY
AR growth -16.9% vs revenue growth -1.4%
Revenue -1.4%, CFFO 14.2%. Cash follows revenue
Expense Quality
Inventory -58.3% vs COGS -5.3%. Normal
CapEx growth 27.5% is >2x revenue growth -1.4%
SG&A/Gross Profit = 60.6%. Normal
Gross margin 36.6%, change +2.6pp. Stable
Cash Flow Quality
CFFO/NI = 2.27. Profits backed by cash
FCF $0.0B, FCF/NI = 1.81
Accruals ratio = -9.1%. Low accruals
Cash $0.1B covers debt $0.0B
Balance Sheet Health
Goodwill+Intangibles $0.0B = 7% of equity. Manageable
Debt/EBITDA = 0.1x. Healthy
Other assets -9.0% vs revenue -1.4%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change -4% YoY. Normal
Manipulation Score
M-Score = -3.18 (< -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 · 2026-04-25