Acadia Realty Trust — Earnings Quality Grade F
AKR · 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 58 days, change -1 days YoY
AR growth 12.1% vs revenue growth 14.2%
Revenue 14.2%, CFFO 18.9%. Cash follows revenue
Expense Quality
No material inventory
Insufficient data
SG&A/Gross Profit = 15.9%, excellent (<30%)
Gross margin 69.9%, change +1.1pp. Stable
Cash Flow Quality
CFFO/NI = 9.88. Profits backed by cash
FCF $0.2B, FCF/NI = 9.88
Accruals ratio = -3.1%. Low accruals
Cash $0.0B covers only 2% of debt $1.9B
Balance Sheet Health
Goodwill+Intangibles $0.1B = 6% of equity. Manageable
Debt/EBITDA = 9.0x (>4x). Interest coverage = 0.9x (<2x). Financial stress
Other assets -23.6% vs revenue 14.2%. Normal
Write-offs surged 2118% YoY, = 220% of NI. Possible big bath
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles surged 48% YoY
Manipulation Score
M-Score = -2.55 (< -2.22). Unlikely manipulator
Beneish M-Score
Altman Z-Score — Not Applicable
Acadia Realty Trust 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