Filing Flows

Filing Flows › Companies › Intapp › Earnings quality

Intapp earnings quality score

How much of the reported profit is backed by cash, and how many markers of managed earnings the filings show

Score69 / 100 · grade B · rank 387 of 1027

Intapp (INTA) scores 69 of 100 for earnings quality, grade B: rank 387 of 1027 companies and 85 of 203 in technology. It loses the most points on adjusted earnings 124% below GAAP, discretionary accruals of -7.1% of assets (modified Jones), larger than most, Montier C-score 2 of 4 checks failed. It earns full or near-full marks for accruals of -22.8% of assets, lower than 98% of companies (profit backed by cash), Beneish M-score -3.57: clean (below −2.22), Dechow F-score 0.46 (normal).

What earned and lost points

ComponentWhat the filings showPointsOf
Accrualsaccruals of -22.8% of assets, lower than 98% of companies (profit backed by cash)2020
Beneish M-scoreBeneish M-score -3.57: clean (below −2.22)1515
Dechow F-scoreDechow F-score 0.46 (normal)1515
Montier C-scoreMontier C-score 2 of 4 checks failed815
Discretionary accrualsdiscretionary accruals of -7.1% of assets (modified Jones), larger than most210
Piotroski F-scorePiotroski F-score 4 of 9410
Non-GAAP gapadjusted earnings 124% below GAAP010
Earnings smoothnessprofit about as variable as cash flow (smoothness 0.83)55
INTA: share of the available points, by componentINTA: share of the available points, by componentAccruals98%Discretionary accruals20%Beneish M-score100%Dechow F-score100%Montier C-score50%Piotroski F-score44%Earnings smoothness100%

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 → Intapp: 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.