Franklin BSP Realty Trust, Inc. — Earnings Quality Grade F
FBRT · Real Estate
Major red flags
Screening Summary
Management Signals
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
Insufficient data
Insufficient data
Revenue -8.7%, CFFO 410.1%. Cash follows revenue
Expense Quality
No material inventory
Insufficient data
SG&A/Gross Profit = 61.1%. Normal
Gross margin 42.4%, change +4.1pp. Stable
Cash Flow Quality
CFFO/NI = 3.55. Profits backed by cash
FCF $0.3B, FCF/NI = 3.54
Accruals ratio = -3.5%. Low accruals
Cash $0.2B covers only 4% of debt $4.3B
Balance Sheet Health
Goodwill+Intangibles $0.4B = 29% of equity. Manageable
Debt/EBITDA = 44.9x (>4x). Financial stress
Other assets grew 157.4% vs revenue -8.7%
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles surged 954% YoY
Manipulation Score
Insufficient data
Portfolio monitoring
Monitor FBRT 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
Franklin BSP Realty Trust, 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