Idaho Strategic Resources, Inc. — Earnings Quality Grade F
IDR · Basic Materials
Major red flags
Screening Summary
Management Signals
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO increased by 11 days
AR growth 147.9% exceeds revenue growth 64.6%
Revenue 64.6%, CFFO 76.2%. Cash follows revenue
Expense Quality
Inventory 7.2% vs COGS 26.4%. Normal
CapEx growth 125.5% vs revenue 64.6%. Normal
SG&A/Gross Profit = 6.4%, excellent (<30%)
Gross margin swung +11.5pp (50.3% → 61.8%)
Cash Flow Quality
CFFO/NI = 1.14. Profits backed by cash
FCF < 50% of Net Income for 2 years
Accruals ratio = -2.1%. Low accruals
Cash $0.0B covers debt $0.0B
Balance Sheet Health
No goodwill. Clean balance sheet
Debt/EBITDA = 0.1x. Healthy
Other assets 42.6% vs revenue 64.6%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions positive
No goodwill
Manipulation Score
M-Score = -1.33 (> -1.78). LIKELY MANIPULATOR
Small-cap context: Beneish M-Score was calibrated on large-caps; small-cap DSO/inventory volatility mechanically inflates it.
Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25