F
St. Joe Company (The) — Earnings Quality Grade F
JOE · Real Estate
Major red flags
Revenue
$513M
2025
Net Income
$116M
2025
Gross Margin
43.1%
Free Cash Flow
$167M
01
Screening Summary
14
Passed
0
Watch
1
Failed
—
M-Score
管理层信号
最近 SEC 8-K 文件中未发现 CEO、CFO、董事会或审计负责人变动信号。
02
Financial Trends
Revenue & Net Income ($B)
Margins (%)
03
18-Point Screening
01
Revenue Quality
✓
A1DSO Change
DSO 28 days, change -9 days YoY
✓
A2AR vs Revenue Growth
AR growth -3.2% vs revenue growth 27.4%
✓
A3Revenue vs CFFO
Revenue 27.4%, CFFO 76.6%. Cash follows revenue
02
Expense Quality
✓
B1Inventory vs COGS
Inventory -17.9% vs COGS 24.1%. Normal
✓
B2CapEx vs Revenue
CapEx growth -52.3% vs revenue 27.4%. Normal
—
B3SG&A Ratio
Insufficient data
✓
B4Gross Margin
Gross margin 43.1%, change +1.5pp. Stable
03
Cash Flow Quality
✓
C1CFFO vs Net Income
CFFO/NI = 1.65. Profits backed by cash
✓
C2Free Cash Flow
FCF $0.2B, FCF/NI = 1.44
✓
C3Accruals Ratio
Accruals ratio = -4.9%. Low accruals
✗
C4Cash vs Debt
Cash $0.1B covers only 23% of debt $0.6B
04
Balance Sheet Health
✓
D1Goodwill + Intangibles
No goodwill. Clean balance sheet
✓
D2Leverage
Debt/EBITDA = 2.5x. Healthy
✓
D3Soft Asset Growth
Other assets -1.2% vs revenue 27.4%. Normal
—
D4Asset Impairment
No write-off data
05
Acquisition Risk
✓
E1Serial Acquirer FCF
FCF after acquisitions positive
✓
E2Goodwill Surge
No goodwill
06
Manipulation Score
—
F1Beneish M-Score
Insufficient data
05
Altman Z-Score
3.49
Safe Zone0 Distress1.102.605.0+ Safe
0.0663
Liquidity
0.3531
Cumulative profit
0.1222
Operating efficiency
1.0316
Leverage
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25