Sable Offshore Corp. — Earnings Quality Grade F
SOC · Energy
Major red flags
Screening Summary
Management Signals
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
Insufficient data
Insufficient data
Insufficient data
Expense Quality
Inventory growth 74.3% exceeds COGS -38.7%
Insufficient data
SG&A/Gross Profit = -1367.1%, excellent (<30%)
Insufficient data
Cash Flow Quality
CFFO < Net Income for 3 consecutive years
Small-cap context: Small-cap CFFO/NI often diverges from working-capital swings, not necessarily manipulation.
FCF is negative ($-0.8B)
Accruals ratio = -3.4%. Low accruals
Cash $0.1B covers only 10% of debt $0.9B
Balance Sheet Health
No goodwill. Clean balance sheet
Interest coverage = -4.6x (<2x). Financial stress
Insufficient data
No write-off data
Acquisition Risk
FCF after acquisitions positive
No goodwill
Manipulation Score
Insufficient data
Portfolio monitoring
Monitor SOC continuously
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Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25
