Titan America SA — Earnings Quality Grade F
TTAM · Basic Materials
Major red flags
Screening Summary
管理层信号
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 12 days, change +1 days YoY
AR growth 12.9% exceeds revenue growth 1.8%
Revenue 1.8%, CFFO 19.1%. Cash follows revenue
Expense Quality
Inventory -0.5% vs COGS 0.9%. Normal
CapEx growth 20.0% vs revenue 1.8%. Normal
SG&A/Gross Profit = 35.9%. Normal
Gross margin 26.1%, change +0.6pp. Stable
Cash Flow Quality
CFFO/NI = 1.59. Profits backed by cash
FCF $0.1B, FCF/NI = 0.71
Accruals ratio = -5.8%. Low accruals
Cash $0.2B covers only 46% of debt $0.5B
Balance Sheet Health
Goodwill+Intangibles $0.3B = 24% of equity. Manageable
Debt/EBITDA = 1.2x. Healthy
Other assets -9.3% vs revenue 1.8%. Normal
Write-offs normal
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change -0% YoY. Normal
Manipulation Score
M-Score = -2.63 (< -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