ProAssurance Corporation — Earnings Quality Grade F
PRA · Financial Services
Major red flags
Screening Summary
管理层信号
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 196 days, change -16 days YoY
AR growth -11.3% vs revenue growth -4.1%
Revenue -4.1%, CFFO -139.1%. Cash follows revenue
Expense Quality
No material inventory
CapEx growth -60.1% vs revenue -4.1%. Normal
Insufficient data
Insufficient data
Cash Flow Quality
CFFO/NI = -0.50. Only -50% of profit backed by cash
Small-cap context: Small-cap CFFO/NI often diverges from working-capital swings, not necessarily manipulation.
FCF < 50% of Net Income for 2 years
Accruals ratio = 1.4%. Low accruals
Cash $4.0B covers debt $0.4B
Balance Sheet Health
Goodwill+Intangibles $0.1B = 4% of equity. Manageable
Insufficient data
Insufficient data
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.
Goodwill+Intangibles change -9% YoY. Normal
Manipulation Score
Insufficient data
Altman Z-Score — Not Applicable
ProAssurance Corporation 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