Life Time Group Holdings, Inc. — Earnings Quality Grade F
LTH · 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 3 days, change -1 days YoY
AR growth -4.0% vs revenue growth 14.3%
Revenue 14.3%, CFFO 51.4%. Cash follows revenue
Expense Quality
Inventory 12.2% vs COGS 12.7%. Normal
CapEx growth 70.0% is >2x revenue growth 14.3%
SG&A/Gross Profit = 40.9%. Normal
Gross margin 47.6%, change +0.8pp. Stable
Cash Flow Quality
CFFO/NI = 2.33. Profits backed by cash
FCF < 50% of Net Income for 3 years
Accruals ratio = -6.2%. Low accruals
Cash $0.2B covers only 5% of debt $4.2B
Balance Sheet Health
Goodwill+Intangibles $1.4B = 45% of equity
Debt/EBITDA = 5.3x (>4x). Financial stress
Other assets grew 37.6% vs revenue 14.3%
No write-off data
Acquisition Risk
FCF after acquisitions negative for 2/3 years
Goodwill+Intangibles change 1% YoY. Normal
Manipulation Score
M-Score = -2.80 (< -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