AdvanSix Inc. — Earnings Quality Grade F
ASIX · Basic Materials
Major red flags
Screening Summary
管理层信号
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 37 days, change +3 days YoY
AR growth 8.3% vs revenue growth 0.3%
Revenue 0.3%, CFFO -9.3%. Cash follows revenue
Expense Quality
Inventory 11.4% vs COGS -0.5%. Normal
CapEx growth -12.9% vs revenue 0.3%. Normal
SG&A/Gross Profit = 63.5%. Normal
Gross margin 10.8%, change +0.8pp. Stable
Cash Flow Quality
CFFO/NI = 2.49. Profits backed by cash
FCF < 50% of Net Income for 3 years
Accruals ratio = -4.3%. Low accruals
Cash $0.0B covers only 5% of debt $0.4B
Balance Sheet Health
Goodwill+Intangibles $0.1B = 12% of equity. Manageable
Debt/EBITDA = 2.7x. Healthy
Other assets 10.4% vs revenue 0.3%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change -3% YoY. Normal
Manipulation Score
M-Score = -2.69 (< -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