Saul Centers, Inc. — Earnings Quality Grade F
BFS · 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 77 days, change +7 days YoY
AR growth 19.3% exceeds revenue growth 7.8%
Revenue 7.8%, CFFO -17.7%. Cash follows revenue
Expense Quality
No material inventory
Insufficient data
SG&A/Gross Profit = 13.1%, excellent (<30%)
Gross margin 70.9%, change -2.3pp. Stable
Cash Flow Quality
CFFO/NI = 2.66. Profits backed by cash
FCF $0.1B, FCF/NI = 2.66
Accruals ratio = -2.9%. Low accruals
Cash $0.0B covers only 1% of debt $1.6B
Balance Sheet Health
No goodwill. Clean balance sheet
Debt/EBITDA = 9.1x (>4x). Interest coverage = 1.8x (<2x). Financial stress
Other assets -21.5% vs revenue 7.8%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions positive
No goodwill
Manipulation Score
Insufficient data
Altman Z-Score — Not Applicable
Saul Centers, Inc. 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