NetSTREIT Corp. — Earnings Quality Grade F
NTST · 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 19 days, change -4 days YoY
AR growth -1.3% vs revenue growth 20.9%
Revenue 20.9%, CFFO 21.5%. Cash follows revenue
Expense Quality
No material inventory
CapEx growth 550.0% is >2x revenue growth 20.9%
SG&A/Gross Profit = 13.3%, excellent (<30%)
Gross margin 90.0%, change +0.8pp. Stable
Cash Flow Quality
CFFO far exceeds NI (ratio 15.9x). Non-cash charges depressing profits
FCF $0.1B, FCF/NI = 15.86
Accruals ratio = -3.9%. Low accruals
Cash $0.0B covers only 1% of debt $1.1B
Balance Sheet Health
Goodwill+Intangibles $0.2B = 12% of equity. Manageable
Debt/EBITDA = 8.0x (>4x). Interest coverage = 1.2x (<2x). Financial stress
Other assets -19.8% vs revenue 20.9%. Normal
Write-offs normal
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change 6% YoY. Normal
Manipulation Score
M-Score = -2.66 (< -2.22). Unlikely manipulator
Beneish M-Score
Altman Z-Score — Not Applicable
NetSTREIT Corp. 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