F
Archer Aviation Inc. — Earnings Quality Grade F
ACHR · Industrials
Major red flags
Revenue
$0M
2025
Net Income
-$618M
2025
Gross Margin
0.0%
Free Cash Flow
-$538M
01
Screening Summary
5
Passed
2
Watch
2
Failed
—
M-Score
管理层信号
最近 SEC 8-K 文件中未发现 CEO、CFO、董事会或审计负责人变动信号。
02
Financial Trends
Revenue & Net Income ($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
No material inventory
—
B2CapEx vs Revenue
Insufficient data
—
B3SG&A Ratio
Insufficient data
—
B4Gross Margin
Insufficient data
03
Cash Flow Quality
✗
C1CFFO vs Net Income
CFFO < Net Income for 3 consecutive years
!
C2Free Cash Flow
FCF is negative ($-0.5B)
✓
C3Accruals Ratio
Accruals ratio = -7.5%. Low accruals
✓
C4Cash vs Debt
Cash $2.0B covers debt $0.1B
04
Balance Sheet Health
✓
D1Goodwill + Intangibles
Goodwill+Intangibles $0.1B = 4% of equity. Manageable
✓
D2Leverage
Debt/EBITDA = -0.2x. Healthy
—
D3Soft Asset Growth
Insufficient data
—
D4Asset Impairment
No write-off data
05
Acquisition Risk
✗
E1Serial Acquirer FCF
FCF after acquisitions negative for 3 years
!
E2Goodwill Surge
Goodwill+Intangibles surged 26633% YoY
06
Manipulation Score
—
F1Beneish M-Score
Insufficient data
05
Altman Z-Score
9
Safe Zone0 Distress1.102.605.0+ Safe
0.7996
Liquidity
-0.9343
Cumulative profit
-0.2958
Operating efficiency
8.3725
Leverage
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25