Caleres, Inc. — Earnings Quality Grade F
CAL · 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 19 days, change -1 days YoY
AR growth -5.6% vs revenue growth 1.3%
Revenue 1.3%, CFFO -1.3%. Cash follows revenue
Expense Quality
Inventory 8.0% vs COGS 4.8%. Normal
CapEx growth 31.4% is >2x revenue growth 1.3%
SG&A/Gross Profit = 97.7%, exceeds 70%
Gross margin 43.0%, change -1.9pp. Stable
Cash Flow Quality
CFFO/NI = -15.42. Below 1.0
FCF $0.0B, FCF/NI = -5.27
Accruals ratio = -5.6%. Low accruals
Cash $0.0B covers only 3% of debt $0.9B
Balance Sheet Health
Goodwill+Intangibles $0.2B = 34% of equity
Debt/EBITDA = 12.6x (>4x). Interest coverage = 1.5x (<2x). Financial stress
Other assets -1.0% vs revenue 1.3%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change 6% YoY. Normal
Manipulation Score
M-Score = -2.81 (< -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