F

U.S. GoldMining Inc. — Earnings Quality Grade F

USGO · Basic Materials

Major red flags

Revenue
$0M
2025
Net Income
-$7M
2025
Gross Margin
Free Cash Flow
-$6M
01

Screening Summary

8
Passed
1
Watch
1
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

Insufficient data

A2AR vs Revenue Growth

Insufficient data

A3Revenue vs CFFO

Insufficient data

02

Expense Quality

B1Inventory vs COGS

Inventory -17.8% vs COGS 15.6%. Normal

B2CapEx vs Revenue

Insufficient data

B3SG&A Ratio

SG&A/Gross Profit = -2690.2%, excellent (<30%)

B4Gross Margin

Insufficient data

03

Cash Flow Quality

C1CFFO vs Net Income

CFFO < Net Income for 3 consecutive years

Small-cap context: Small-cap CFFO/NI often diverges from working-capital swings, not necessarily manipulation.

!
C2Free Cash Flow

FCF is negative ($-0.0B)

C3Accruals Ratio

Accruals ratio = -13.6%. Low accruals

C4Cash vs Debt

Cash $0.0B covers debt $0.0B

04

Balance Sheet Health

D1Goodwill + Intangibles

No goodwill. Clean balance sheet

D2Leverage

Debt/EBITDA = -0.0x. Healthy

D3Soft Asset Growth

Insufficient data

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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05

Altman Z-Score

-2.31
Distress Zone
0 Distress1.102.605.0+ Safe
0.8319
Liquidity
-3.5745
Cumulative profit
-0.8428
Operating efficiency
9.0956
Leverage

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