Addus HomeCare Corporation — Earnings Quality Grade F
ADUS · Healthcare
Major red flags
Screening Summary
管理层信号
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 39 days, change +0 days YoY
AR growth 23.4% vs revenue growth 23.2%
Revenue grew 23.2% but CFFO declined -4.2%
Small-cap context: Small-cap revenue/CFFO ratio is sensitive to growth-stage working-capital draws.
Expense Quality
No material inventory
CapEx growth 27.6% vs revenue 23.2%. Normal
SG&A/Gross Profit = 66.4%. Normal
Gross margin 32.5%, change -0.0pp. Stable
Cash Flow Quality
CFFO/NI = 1.16. Profits backed by cash
FCF $0.1B, FCF/NI = 1.08
Accruals ratio = -1.1%. Low accruals
Cash $0.1B covers only 48% of debt $0.2B
Balance Sheet Health
Goodwill+Intangibles $1.1B = 101% of equity. Over 50%
Debt/EBITDA = 1.1x. Healthy
Insufficient data
No write-off data
Acquisition Risk
FCF after acquisitions negative for 2/3 years
Goodwill+Intangibles change 2% YoY. Normal
Manipulation Score
M-Score = -2.24 (< -2.22). Unlikely manipulator
Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25