MGP Ingredients, Inc. — Earnings Quality Grade F
MGPI · Consumer Defensive
Major red flags
Screening Summary
Management Signals
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 79 days, change +2 days YoY
AR outpaced revenue for 2 consecutive years
Revenue -23.8%, CFFO 18.8%. Cash follows revenue
Expense Quality
Inventory growth 4.9% exceeds COGS -19.3%
CapEx growth -36.1% vs revenue -23.8%. Normal
SG&A/Gross Profit = 58.1%. Normal
Gross margin 37.2%, change -3.5pp. Stable
Cash Flow Quality
CFFO/NI = -1.13. Below 1.0
FCF $0.1B, FCF/NI = -0.71
Accruals ratio = -18.6%. Low accruals
Cash $0.0B covers only 7% of debt $0.3B
Balance Sheet Health
Goodwill+Intangibles $0.4B = 50% of equity. Over 50%
Debt/EBITDA = -3.9x. Healthy
Other assets -34.2% vs revenue -23.8%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change -30% YoY. Normal
Manipulation Score
M-Score = -3.69 (< -2.22). Unlikely manipulator
Portfolio monitoring
Monitor MGPI 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