Filing Flows › Companies › Astrana Health › Earnings quality
Astrana Health earnings quality score
How much of the reported profit is backed by cash, and how many markers of managed earnings the filings show
Score59 / 100 · grade C · rank 739 of 1027
Astrana Health (ASTH) scores 59 of 100 for earnings quality, grade C: rank 739 of 1027 companies and 180 of 287 in industrials. It loses the most points on adjusted earnings 59% below GAAP, accruals of -5.1% of assets, lower than 59% of companies (profit backed by cash), Dechow F-score 1.63 (above normal). It earns full or near-full marks for discretionary accruals of +0.2% of assets (modified Jones), smaller than most, profit about as variable as cash flow (smoothness 1.08). Revenue grew 35% in the year: fast growth raises accruals, the Beneish and Dechow scores and the C-score by construction, so a growing company scores lower than a steady one with the same accounting.
What earned and lost points
| Component | What the filings show | Points | Of |
|---|---|---|---|
| Accruals | accruals of -5.1% of assets, lower than 59% of companies (profit backed by cash) | 16 | 27 |
| Dechow F-score | Dechow F-score 1.63 (above normal) | 11 | 20 |
| Montier C-score | Montier C-score 2 of 5 checks failed | 12 | 20 |
| Discretionary accruals | discretionary accruals of +0.2% of assets (modified Jones), smaller than most | 13 | 13 |
| Non-GAAP gap | adjusted earnings 59% below GAAP | 0 | 13 |
| Earnings smoothness | profit about as variable as cash flow (smoothness 1.08) | 7 | 7 |
How the score is built
Eight published measures, each scored against the whole universe or on its own scale and weighted: accruals 20, discretionary accruals 10, Beneish M 15, Dechow F 15, Montier C 15, Piotroski F 10, the non-GAAP gap 10, smoothness 5. A measure that cannot be computed (Beneish for a bank, say) drops out and the rest is rescaled, so every company is scored on what applies to it.
Every company ranked → The full quality workbench, live → Astrana Health: cash flow →
Computed from the companies’ own XBRL filings (latest fiscal year) by published formulas; a statistical screen, not an audit or an accusation. A low score means the reported profit shows more of the markers of managed or low-quality earnings than its peers. Not investment advice.