Transcat, Inc. — Earnings Quality Grade F
TRNS · Industrials
Major red flags
Screening Summary
管理层信号
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 73 days, change +6 days YoY
AR growth 17.1% exceeds revenue growth 7.3%
Revenue 7.3%, CFFO 19.5%. Cash follows revenue
Expense Quality
Inventory -16.9% vs COGS 7.6%. Normal
CapEx growth -0.6% vs revenue 7.3%. Normal
SG&A/Gross Profit = 80.0%, exceeds 70%
Gross margin 32.1%, change -0.2pp. Stable
Cash Flow Quality
CFFO/NI = 2.69. Profits backed by cash
FCF $0.0B, FCF/NI = 1.78
Accruals ratio = -6.4%. Low accruals
Cash $0.0B covers only 3% of debt $0.1B
Balance Sheet Health
Goodwill+Intangibles $0.2B = 81% of equity. Over 50%
Debt/EBITDA = 1.5x. Healthy
Other assets 9.9% vs revenue 7.3%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions negative for 2/3 years
Goodwill+Intangibles surged 85% YoY
Manipulation Score
M-Score = -2.61 (< -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