J & J Snack Foods Corp. — Earnings Quality Grade B
JJSF · Consumer Defensive
Generally healthy
Screening Summary
Management Signals
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 42 days, change -1 days YoY
AR growth -2.7% vs revenue growth 0.5%
Revenue 0.5%, CFFO -4.6%. Cash follows revenue
Expense Quality
Inventory 1.2% vs COGS 2.3%. Normal
CapEx growth 12.6% vs revenue 0.5%. Normal
SG&A/Gross Profit = 78.7%, exceeds 70%
Gross margin 29.7%, change -1.2pp. Stable
Cash Flow Quality
CFFO/NI = 2.52. Profits backed by cash
FCF $0.1B, FCF/NI = 1.25
Accruals ratio = -7.2%. Low accruals
Cash $0.1B covers 65% of debt $0.2B
Balance Sheet Health
Goodwill+Intangibles $0.4B = 37% of equity
Debt/EBITDA = 1.0x. Healthy
Other assets -0.9% vs revenue 0.5%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change -3% YoY. Normal
Manipulation Score
M-Score = -2.84 (< -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