Nathan's Famous, Inc. — Earnings Quality Grade F
NATH · 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 36 days, change -4 days YoY
AR growth -3.6% vs revenue growth 6.9%
Revenue 6.9%, CFFO 26.2%. Cash follows revenue
Expense Quality
Inventory growth 45.0% exceeds COGS 7.7%
CapEx growth -28.1% vs revenue 6.9%. Normal
SG&A/Gross Profit = 28.0%, excellent (<30%)
Gross margin 35.1%, change -0.5pp. Stable
Cash Flow Quality
CFFO/NI = 1.05. Profits backed by cash
FCF $0.0B, FCF/NI = 1.04
Accruals ratio = -2.3%. Low accruals
Cash $0.0B covers only 50% of debt $0.1B
Balance Sheet Health
Goodwill+Intangibles $0.0B = -4% of equity. Manageable
Debt/EBITDA = 1.5x. Healthy
Other assets -19.9% vs revenue 6.9%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change -22% YoY. Normal
Manipulation Score
M-Score = -2.55 (< -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