Golden Entertainment, Inc. — Earnings Quality Grade F
GDEN · 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 8 days, change +1 days YoY
AR outpaced revenue for 2 consecutive years
Revenue -4.8%, CFFO -10.1%. Cash follows revenue
Expense Quality
Inventory 6.0% vs COGS -4.0%. Normal
CapEx growth -4.8% vs revenue -4.8%. Normal
SG&A/Gross Profit = 64.0%. Normal
Gross margin 53.7%, change -0.4pp. Stable
Cash Flow Quality
CFFO/NI = -13.75. Below 1.0
FCF $0.0B, FCF/NI = -5.89
Accruals ratio = -8.8%. Low accruals
Cash $0.1B covers only 11% of debt $0.5B
Balance Sheet Health
Goodwill+Intangibles $0.1B = 33% of equity
Debt/EBITDA = 4.6x (>4x). Interest coverage = 1.1x (<2x). Financial stress
Other assets -9.5% vs revenue -4.8%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change -2% YoY. Normal
Manipulation Score
M-Score = -2.85 (< -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