United States Antimony Corporat — Earnings Quality Grade F
UAMY · Basic Materials
Major red flags
Screening Summary
Management Signals
Source: SEC EDGAR 8-K Item 5.02, with exhibit links when available
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO increased by 12 days
AR outpaced revenue for 2 consecutive years
Revenue grew 162.8% but CFFO declined -536.5%
Small-cap context: Small-cap revenue/CFFO ratio is sensitive to growth-stage working-capital draws.
Expense Quality
Inventory growth 905.2% exceeds COGS 156.2%
CapEx growth 6358.1% is >2x revenue growth 162.8%
SG&A/Gross Profit = 172.8%, exceeds 70%
Gross margin 25.2%, change +1.9pp. Stable
Cash Flow Quality
CFFO/NI = 2.23. Profits backed by cash
FCF is negative ($-0.0B)
Accruals ratio = 3.5%. Low accruals
Cash $0.0B covers debt $0.0B
Balance Sheet Health
No goodwill. Clean balance sheet
Debt/EBITDA = -0.0x. Healthy
Other assets -2.8% vs revenue 162.8%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions negative for 2/3 years
No goodwill
Manipulation Score
M-Score = 9.60 (> -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