C
Kratos Defense & Security Solut — Earnings Quality Grade C
KTOS · Industrials
Some red flags
Revenue
$1.3B
2025
Net Income
$22M
2025
Gross Margin
22.9%
Free Cash Flow
-$137M
01
Screening Summary
8
Passed
4
Watch
1
Failed
—
M-Score
管理层信号
最近 SEC 8-K 文件中未发现 CEO、CFO、董事会或审计负责人变动信号。
02
Financial Trends
Revenue & Net Income ($B)
Margins (%)
03
18-Point Screening
01
Revenue Quality
✓
A1DSO Change
DSO 45 days, change +7 days YoY
!
A2AR vs Revenue Growth
AR growth 40.5% exceeds revenue growth 18.5%
—
A3Revenue vs CFFO
Insufficient data
02
Expense Quality
✓
B1Inventory vs COGS
Inventory 16.1% vs COGS 22.4%. Normal
!
B2CapEx vs Revenue
CapEx growth 63.7% is >2x revenue growth 18.5%
!
B3SG&A Ratio
SG&A/Gross Profit = 78.0%, exceeds 70%
✓
B4Gross Margin
Gross margin 22.9%, change -2.4pp. Stable
03
Cash Flow Quality
—
C1CFFO vs Net Income
Insufficient data
✗
C2Free Cash Flow
FCF < 50% of Net Income for 2 years
—
C3Accruals Ratio
Insufficient data
✓
C4Cash vs Debt
Cash $0.6B covers debt $0.1B
04
Balance Sheet Health
!
D1Goodwill + Intangibles
Goodwill+Intangibles $0.6B = 33% of equity
✓
D2Leverage
Debt/EBITDA = 1.4x. Healthy
✓
D3Soft Asset Growth
Other assets 10.8% vs revenue 18.5%. Normal
—
D4Asset Impairment
No write-off data
05
Acquisition Risk
✓
E1Serial Acquirer FCF
FCF after acquisitions positive
✓
E2Goodwill Surge
Goodwill+Intangibles change 4% YoY. Normal
06
Manipulation Score
—
F1Beneish M-Score
Insufficient data
05
Altman Z-Score
6.25
Safe Zone0 Distress1.102.605.0+ Safe
0.3858
Liquidity
-0.2602
Cumulative profit
0.0177
Operating efficiency
4.2393
Leverage
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25