Grocery Outlet Holding Corp. — Earnings Quality Grade F
GO · 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 1 days, change -0 days YoY
AR growth 5.8% vs revenue growth 7.3%
Revenue 7.3%, CFFO 98.4%. Cash follows revenue
Expense Quality
Inventory -3.1% vs COGS 7.2%. Normal
CapEx growth 6.5% vs revenue 7.3%. Normal
SG&A/Gross Profit = 93.9%, exceeds 70%
Gross margin 30.3%, change +0.0pp. Stable
Cash Flow Quality
CFFO/NI = -0.99. Below 1.0
FCF $0.0B, FCF/NI = -0.01
Accruals ratio = -14.5%. Low accruals
Cash $0.1B covers only 4% of debt $1.8B
Balance Sheet Health
Goodwill+Intangibles $0.7B = 72% of equity. Over 50%
Debt/EBITDA = -20.7x. Healthy
Other assets -31.5% vs revenue 7.3%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change -17% YoY. Normal
Manipulation Score
M-Score = -3.20 (< -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