Adamas Trust, Inc. — Earnings Quality Grade F
ADAM · Real Estate
Major red flags
Screening Summary
管理层信号
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 79 days, change -16 days YoY
AR growth 22.7% vs revenue growth 47.7%
Revenue 47.7%, CFFO 852.6%. Cash follows revenue
Expense Quality
No material inventory
Insufficient data
Insufficient data
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 $0.1B, FCF/NI = 0.90
Accruals ratio = 0.1%. Low accruals
Cash $0.2B covers only 5% of debt $4.3B
Balance Sheet Health
Goodwill+Intangibles $0.1B = 4% of equity. Manageable
Insufficient data
Insufficient data
Write-offs normal
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles surged 185% YoY
Manipulation Score
Insufficient data
Altman Z-Score — Not Applicable
Adamas Trust, Inc. 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