F

Universal Health Realty Income — Earnings Quality Grade F

UHT · Real Estate

Major red flags

Revenue
$99M
2025
Net Income
$18M
2025
Gross Margin
94.4%
Free Cash Flow
$49M
01

Screening Summary

11
Passed
0
Watch
3
Failed
M-Score

Management Signals

No recent CEO, CFO, board, or accounting leadership signals found in SEC 8-K filings.
02

Financial Trends

Revenue & Net Income ($B)

Margins (%)

03

18-Point Screening

01

Revenue Quality

A1DSO Change

DSO 57 days, change +2 days YoY

A2AR vs Revenue Growth

AR outpaced revenue for 2 consecutive years

A3Revenue vs CFFO

Revenue 0.2%, CFFO 4.6%. Cash follows revenue

02

Expense Quality

B1Inventory vs COGS

No material inventory

B2CapEx vs Revenue

Insufficient data

B3SG&A Ratio

Insufficient data

B4Gross Margin

Gross margin 94.4%, change -0.1pp. Stable

03

Cash Flow Quality

C1CFFO vs Net Income

CFFO/NI = 2.79. Profits backed by cash

C2Free Cash Flow

FCF $0.0B, FCF/NI = 2.79

C3Accruals Ratio

Accruals ratio = -5.6%. Low accruals

C4Cash vs Debt

Cash $0.0B covers only 2% of debt $0.4B

04

Balance Sheet Health

D1Goodwill + Intangibles

No goodwill. Clean balance sheet

D2Leverage

Debt/EBITDA = 5.7x (>4x). Interest coverage = 1.6x (<2x). Financial stress

D3Soft Asset Growth

Other assets -24.8% vs revenue 0.2%. Normal

D4Asset Impairment

No write-off data

05

Acquisition Risk

E1Serial Acquirer FCF

FCF after acquisitions positive

E2Goodwill Surge

No goodwill

06

Manipulation Score

F1Beneish M-Score

Insufficient data

Portfolio monitoring

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Altman Z-Score — Not Applicable

Universal Health Realty Income is a financial company. Z-Score is designed for non-financial companies.

Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25