VAALCO Energy, Inc. — Earnings Quality Grade F
EGY · Energy
Major red flags
Screening Summary
Management Signals
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 41 days, change -32 days YoY
AR growth -57.9% vs revenue growth -25.0%
Revenue -25.0%, CFFO 87.0%. Cash follows revenue
Expense Quality
Inventory -81.2% vs COGS -12.5%. Normal
CapEx growth 148.4% is >2x revenue growth -25.0%
SG&A/Gross Profit = 36.3%. Normal
Gross margin swung -10.6pp (36.0% → 25.4%)
Cash Flow Quality
CFFO/NI = -5.14. Below 1.0
FCF is negative ($-0.0B)
Accruals ratio = -27.8%. Low accruals
Cash $0.1B covers only 40% of debt $0.1B
Balance Sheet Health
No goodwill. Clean balance sheet
Debt/EBITDA = 1.6x. Healthy
Other assets grew 191.9% vs revenue -25.0%
No write-off data
Acquisition Risk
FCF after acquisitions positive
No goodwill
Manipulation Score
M-Score = -4.26 (< -2.22). Unlikely manipulator
Portfolio monitoring
Monitor EGY 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.
Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25