Ducommun Incorporated — Earnings Quality Grade F
DCO · Industrials
Major red flags
Screening Summary
管理层信号
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 55 days, change +4 days YoY
AR outpaced revenue for 2 consecutive years
Revenue 4.9%, CFFO -197.7%. Cash follows revenue
Expense Quality
Inventory -7.2% vs COGS 2.3%. Normal
CapEx growth 7.8% vs revenue 4.9%. Normal
SG&A/Gross Profit = 65.1%. Normal
Gross margin 26.9%, change +1.8pp. Stable
Cash Flow Quality
CFFO/NI = 0.98. Profits backed by cash
FCF is negative ($-0.0B)
Accruals ratio = -0.0%. Low accruals
Cash $0.0B covers only 13% of debt $0.3B
Balance Sheet Health
Goodwill+Intangibles $0.4B = 57% of equity. Over 50%
Debt/EBITDA = 137.3x (>4x). Financial stress
Other assets -12.8% vs revenue 4.9%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions negative for 2/3 years
Goodwill+Intangibles change -4% YoY. Normal
Manipulation Score
M-Score = -2.46 (< -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