The Andersons, Inc. — Earnings Quality Grade F
ANDE · Consumer Defensive
Major red flags
Screening Summary
管理层信号
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 22 days, change -3 days YoY
AR growth -14.7% vs revenue growth -2.2%
Revenue -2.2%, CFFO -46.6%. Cash follows revenue
Expense Quality
Inventory 6.1% vs COGS -2.5%. Normal
CapEx growth 56.3% is >2x revenue growth -2.2%
Insufficient data
Gross margin 6.5%, change +0.3pp. Stable
Cash Flow Quality
CFFO/NI = 1.85. Profits backed by cash
FCF is negative ($-0.1B)
Accruals ratio = -2.2%. Low accruals
Cash $0.1B covers only 10% of debt $0.9B
Balance Sheet Health
Goodwill+Intangibles $0.2B = 15% of equity. Manageable
Debt/EBITDA = 2.9x. Healthy
Other assets -4.2% vs revenue -2.2%. Normal
Write-offs normal
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change -3% YoY. Normal
Manipulation Score
Insufficient data
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25