Ford Motor Company — Earnings Quality Grade F
F · Consumer Cyclical
Major red flags
Screening Summary
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 126 days, change -6 days YoY
AR growth -3.1% vs revenue growth 1.2%
Revenue 1.2%, CFFO 38.0%. Cash follows revenue
Expense Quality
Inventory 2.2% vs COGS 9.5%. Normal
CapEx growth 1.5% vs revenue 1.2%. Normal
SG&A/Gross Profit = 645.8%, exceeds 70%
Gross margin swung -7.5pp (8.4% → 0.9%)
Cash Flow Quality
CFFO/NI = -2.60. Below 1.0
FCF $12.5B, FCF/NI = -1.52
Accruals ratio = -10.2%. Low accruals
Cash $38.5B covers only 23% of debt $165.7B
Balance Sheet Health
No goodwill. Clean balance sheet
Debt/EBITDA = 45.6x (>4x). Interest coverage = -6.9x (<2x). Financial stress
Other assets 6.4% vs revenue 1.2%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions positive
No goodwill
Manipulation Score
M-Score = 1.35 (> -1.78). LIKELY MANIPULATOR
Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-10