Rambus, Inc. — Earnings Quality Grade A
RMBS · Technology
Strong financial health
Screening Summary
Management Signals
Source: SEC EDGAR 8-K Item 5.02, with exhibit links when available
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 71 days, change -10 days YoY
AR growth 11.9% vs revenue growth 27.1%
Revenue 27.1%, CFFO 56.1%. Cash follows revenue
Expense Quality
Inventory -1.2% vs COGS 31.2%. Normal
CapEx growth -12.6% vs revenue 27.1%. Normal
SG&A/Gross Profit = 20.5%, excellent (<30%)
Gross margin 79.6%, change -0.6pp. Stable
Cash Flow Quality
CFFO/NI = 1.56. Profits backed by cash
FCF $0.3B, FCF/NI = 1.45
Accruals ratio = -8.5%. Low accruals
Cash $0.8B covers debt $0.0B
Balance Sheet Health
Goodwill+Intangibles $0.3B = 22% of equity. Manageable
Debt/EBITDA = 0.1x. Healthy
Other assets -15.5% vs revenue 27.1%. Normal
Write-offs normal
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change -2% YoY. Normal
Manipulation Score
M-Score = -2.93 (< -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