A

SSR Mining Inc. — Earnings Quality Grade A

SSRM · Basic Materials

Strong financial health

Revenue
$1.6B
2025
Net Income
$396M
2025
Gross Margin
52.8%
Free Cash Flow
$242M
01

Screening Summary

16
Passed
1
Watch
0
Failed
-2.29
M-Score

管理层信号

最近 SEC 8-K 文件中未发现 CEO、CFO、董事会或审计负责人变动信号。
02

Financial Trends

Revenue & Net Income ($B)

Margins (%)

03

18-Point Screening

01

Revenue Quality

A1DSO Change

DSO 21 days, change -10 days YoY

A2AR vs Revenue Growth

AR growth 11.6% vs revenue growth 63.7%

A3Revenue vs CFFO

Revenue 63.7%, CFFO 1075.8%. Cash follows revenue

02

Expense Quality

B1Inventory vs COGS

Inventory 11.3% vs COGS 19.4%. Normal

B2CapEx vs Revenue

CapEx growth 60.4% vs revenue 63.7%. Normal

B3SG&A Ratio

SG&A/Gross Profit = 12.5%, excellent (<30%)

!
B4Gross Margin

Gross margin swung +17.5pp (35.3% → 52.8%)

03

Cash Flow Quality

C1CFFO vs Net Income

CFFO/NI = 1.19. Profits backed by cash

C2Free Cash Flow

FCF $0.2B, FCF/NI = 0.61

C3Accruals Ratio

Accruals ratio = -1.2%. Low accruals

C4Cash vs Debt

Cash $0.6B covers debt $0.4B

04

Balance Sheet Health

D1Goodwill + Intangibles

No goodwill. Clean balance sheet

D2Leverage

Debt/EBITDA = 0.7x. Healthy

D3Soft Asset Growth

Other assets 107.4% vs revenue 63.7%. Normal

D4Asset Impairment

No write-off data

05

Acquisition Risk

E1Serial Acquirer FCF

FCF after acquisitions positive

E2Goodwill Surge

No goodwill

06

Manipulation Score

F1Beneish M-Score

M-Score = -2.29 (< -2.22). Unlikely manipulator

04

Beneish M-Score

Manipulation Probability-2.29
-4.0 Clean-2.22 Grey-1.78 Danger0
0.682
DSRI
AR growing faster than revenue?
0.669
GMI
Gross margin declining?
1.559
AQI
Asset quality deteriorating?
1.637
SGI
Revenue growth rate
1
DEPI
Depreciation slowing?
1.048
SGAI
SG&A ratio changing?
-0.0125
TATA
Accruals level
1.226
LVGI
Leverage increasing?
05

Altman Z-Score

3.57
Safe Zone
0 Distress1.102.605.0+ Safe
0.1097
Liquidity
0.0835
Cumulative profit
0.0751
Operating efficiency
1.9711
Leverage

Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25