Filing Flows

Filing Flows › Companies › Integer Holdings › Earnings quality

Integer Holdings earnings quality score

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

Score54 / 100 · grade C · rank 825 of 1027

Integer Holdings (ITGR) scores 54 of 100 for earnings quality, grade C: rank 825 of 1027 companies and 97 of 126 in health. It loses the most points on accruals of -2.9% of assets, higher than 64% of companies (profit backed by cash), adjusted earnings 51% below GAAP, Montier C-score 3 of 6 checks failed. It earns full or near-full marks for profit steadier than cash flow (smoothness 0.54), Beneish M-score -2.30: clean (below −2.22).

What earned and lost points

ComponentWhat the filings showPointsOf
Accrualsaccruals of -2.9% of assets, higher than 64% of companies (profit backed by cash)720
Beneish M-scoreBeneish M-score -2.30: clean (below −2.22)1515
Dechow F-scoreDechow F-score 1.68 (above normal)815
Montier C-scoreMontier C-score 3 of 6 checks failed815
Discretionary accrualsdiscretionary accruals of -2.7% of assets (modified Jones), smaller than most610
Piotroski F-scorePiotroski F-score 7 of 9810
Non-GAAP gapadjusted earnings 51% below GAAP010
Earnings smoothnessprofit steadier than cash flow (smoothness 0.54)35
ITGR: share of the available points, by componentITGR: share of the available points, by componentAccruals36%Discretionary accruals56%Beneish M-score100%Dechow F-score53%Montier C-score50%Piotroski F-score78%Earnings smoothness68%

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 → Integer Holdings: 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.