GE HealthCare Technologies Inc. — Earnings Quality Grade F
GEHC · Healthcare
Major red flags
Screening Summary
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 66 days, change +3 days YoY
AR outpaced revenue for 2 consecutive years
Revenue 4.8%, CFFO 1.8%. Cash follows revenue
Expense Quality
Inventory 15.2% vs COGS 7.9%. Normal
CapEx growth 20.2% is >2x revenue growth 4.8%
SG&A/Gross Profit = 51.2%. Normal
Gross margin 40.0%, change -1.7pp. Stable
Cash Flow Quality
CFFO/NI = 0.95. Profits backed by cash
FCF $1.5B, FCF/NI = 0.72
Accruals ratio = 0.3%. Low accruals
Cash $4.5B covers only 43% of debt $10.5B
Balance Sheet Health
Goodwill+Intangibles $14.6B = 141% of equity. Over 50%
Debt/EBITDA = 2.8x. Healthy
Other assets -17.1% vs revenue 4.8%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change 3% YoY. Normal
Manipulation Score
M-Score = -2.35 (< -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