PRA Group, Inc. — Earnings Quality Grade D
PRAA · Financial Services
Significant concerns
Screening Summary
管理层信号
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO surged by 65 days (1345 → 1410)
Small-cap context: DSO swings on a small revenue base are more often quarterly customer-mix effects than red flags.
AR growth 13.2% exceeds revenue growth 8.0%
Revenue 8.0%, CFFO 9.6%. Cash follows revenue
Expense Quality
No material inventory
CapEx growth 19.2% vs revenue 8.0%. Normal
SG&A/Gross Profit = 47.2%. Normal
Gross margin 63.2%, change +2.2pp. Stable
Cash Flow Quality
CFFO/NI = 0.28. Below 1.0
FCF is negative ($-0.1B)
Accruals ratio = -4.3%. Low accruals
Insufficient data
Balance Sheet Health
Goodwill+Intangibles $0.0B = 3% of equity. Manageable
Leverage manageable
Other assets 4.9% vs revenue 8.0%. 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.
Goodwill+Intangibles change -93% YoY. Normal
Manipulation Score
M-Score = -2.89 (< -2.22). Unlikely manipulator
Beneish M-Score
Altman Z-Score — Not Applicable
PRA Group, Inc. 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