Atlantic International Corp. — Earnings Quality Grade F
ATLN · Industrials
Major red flags
Screening Summary
管理层信号
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 55 days, change +2 days YoY
AR growth 2.6% vs revenue growth -1.5%
Revenue -1.5%, CFFO 26.5%. Cash follows revenue
Expense Quality
No material inventory
CapEx growth -9.1% vs revenue -1.5%. Normal
SG&A/Gross Profit = 198.5%, exceeds 70%
Gross margin 10.6%, change -0.1pp. Stable
Cash Flow Quality
CFFO < Net Income for 3 consecutive years
Small-cap context: Small-cap CFFO/NI often diverges from working-capital swings, not necessarily manipulation.
FCF is negative ($-0.0B)
Accruals ratio = -48.6%. Low accruals
Cash $0.0B covers only 0% of debt $0.1B
Balance Sheet Health
Goodwill+Intangibles $0.0B = -83% of equity. Manageable
Interest coverage = -5.5x (<2x). Financial stress
Other assets grew 186.9% vs revenue -1.5%
No write-off data
Acquisition Risk
FCF after acquisitions negative for 3 years
Small-cap context: A single acquisition on a small balance sheet can trip serial-acquirer logic.
Goodwill+Intangibles change -15% YoY. Normal
Manipulation Score
M-Score = -4.87 (< -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