Playtika Holding Corp. — Earnings Quality Grade F
PLTK · Communication Services
Major red flags
Screening Summary
管理层信号
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 21 days, change -5 days YoY
AR growth -13.8% vs revenue growth 8.1%
Revenue 8.1%, CFFO 15.8%. Cash follows revenue
Expense Quality
No material inventory
CapEx growth -7.7% vs revenue 8.1%. Normal
SG&A/Gross Profit = 78.6%, exceeds 70%
Gross margin 72.5%, change -0.4pp. Stable
Cash Flow Quality
CFFO/NI = -2.75. Below 1.0
FCF $0.5B, FCF/NI = -2.33
Accruals ratio = -20.8%. Low accruals
Cash $0.8B covers only 32% of debt $2.5B
Balance Sheet Health
Goodwill+Intangibles $2.1B = -516% of equity. Manageable
Debt/EBITDA = 12.3x (>4x). Interest coverage = 0.0x (<2x). Financial stress
Insufficient data
Write-offs normal
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change -6% YoY. Normal
Manipulation Score
M-Score = -3.72 (< -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