Ball Corporation — Earnings Quality Grade F
BALL · Consumer Cyclical
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 outpaced revenue for 2 consecutive years
Revenue 11.6%, CFFO 997.4%. Cash follows revenue
Expense Quality
Inventory growth 36.3% exceeds COGS 13.1%
CapEx growth -2.1% vs revenue 11.6%. Normal
SG&A/Gross Profit = 22.0%, excellent (<30%)
Gross margin 19.6%, change -1.1pp. Stable
Cash Flow Quality
CFFO/NI = 1.38. Profits backed by cash
FCF $0.8B, FCF/NI = 0.86
Accruals ratio = -1.8%. Low accruals
Cash $1.2B covers only 17% of debt $7.0B
Balance Sheet Health
Goodwill+Intangibles $5.4B = 99% of equity. Over 50%
Debt/EBITDA = 3.4x. Healthy
Other assets -2.2% vs revenue 11.6%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change 2% YoY. Normal
Manipulation Score
M-Score = -2.45 (< -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