Maui Land & Pineapple Company, — Earnings Quality Grade F
MLP · Real Estate
Major red flags
Screening Summary
管理层信号
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 26 days, change -133 days YoY
AR growth -72.7% vs revenue growth 68.2%
Revenue 68.2%, CFFO 460.8%. Cash follows revenue
Expense Quality
No material inventory
CapEx growth 36.8% vs revenue 68.2%. Normal
SG&A/Gross Profit = 160.4%, exceeds 70%
Gross margin swung -5.4pp (34.4% → 29.0%)
Cash Flow Quality
CFFO < Net Income for 3 consecutive years
Small-cap context: Small-cap CFFO/NI often diverges from working-capital swings, not necessarily manipulation.
FCF is negative ($-0.0B)
Accruals ratio = -26.4%. Low accruals
Cash $0.0B covers debt $0.0B
Balance Sheet Health
No goodwill. Clean balance sheet
Interest coverage = -8.2x (<2x). Financial stress
Other assets 22.5% vs revenue 68.2%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions negative for 3 years
Small-cap context: A single acquisition on a small balance sheet can trip serial-acquirer logic.
No goodwill
Manipulation Score
M-Score = -3.67 (< -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