Macerich Company (The) — Earnings Quality Grade F
MAC · Real Estate
Major red flags
Screening Summary
管理层信号
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
Insufficient data
Insufficient data
Insufficient data
Expense Quality
No material inventory
Insufficient data
SG&A/Gross Profit = 5.7%, excellent (<30%)
Insufficient data
Cash Flow Quality
CFFO < Net Income for 3 consecutive years
FCF $0.3B, FCF/NI = -1.63
Accruals ratio = -6.2%. Low accruals
Cash $0.3B covers only 5% of debt $5.1B
Balance Sheet Health
Goodwill+Intangibles $0.2B = 7% of equity. Manageable
Debt/EBITDA = 11.5x (>4x). Interest coverage = 0.6x (<2x). Financial stress
Insufficient data
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change -17% YoY. Normal
Manipulation Score
Insufficient data
Altman Z-Score — Not Applicable
Macerich Company (The) is a financial company. Z-Score is designed for non-financial companies.
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25
