BRC Inc. — Earnings Quality Grade F
BRCC · Consumer Defensive
Major red flags
Screening Summary
管理层信号
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 32 days, change +1 days YoY
AR outpaced revenue for 2 consecutive years
Revenue 1.7%, CFFO -186.8%. Cash follows revenue
Expense Quality
Inventory 16.5% vs COGS 13.0%. Normal
CapEx growth -57.8% vs revenue 1.7%. Normal
SG&A/Gross Profit = 109.2%, exceeds 70%
Gross margin swung -6.5pp (41.2% → 34.6%)
Cash Flow Quality
CFFO/NI = 0.82. Profits backed by cash
FCF is negative ($-0.0B)
Accruals ratio = -1.0%. Low accruals
Cash $0.0B covers only 7% of debt $0.1B
Balance Sheet Health
No goodwill. Clean balance sheet
Interest coverage = -3.3x (<2x). Financial stress
Other assets -9.4% vs revenue 1.7%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions negative for 2/3 years
No goodwill
Manipulation Score
M-Score = -2.35 (< -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