Brand Engagement Network Stock Beneish M Score

BNAIW Stock   0.02  0.0002  0.96%   
This module uses fundamental data of Brand Engagement to approximate the value of its Beneish M Score. Brand Engagement M Score tells investors if the company management is likely to be manipulating earnings. The score is calculated using eight financial indicators that are adjusted by a specific multiplier. Please note, the M Score is a probabilistic model and cannot detect companies that manipulate their earnings with 100% accuracy. Check out Brand Engagement Piotroski F Score and Brand Engagement Altman Z Score analysis.
  
Short and Long Term Debt Total is likely to drop to about 10.9 K in 2024. Net Debt is likely to drop to about (42.2 K) in 2024. Company Equity Multiplier is likely to climb to 1.74 in 2024
At this time, it appears that Brand Engagement Network is an unlikely manipulator. The earnings manipulation may begin if Brand Engagement's top management creates an artificial sense of financial success, forcing the stock price to be traded at a high price-earnings multiple than it should be. In general, excessive earnings management by Brand Engagement executives may lead to removing some of the operating profits from subsequent periods to inflate earnings in the following periods. This way, the manipulation of Brand Engagement's earnings can lead to misrepresentations of actual financial condition, taking the otherwise loyal stakeholders on to the path of questionable ethical practices and plain fraud.
-3.89
Beneish M Score - Unlikely Manipulator
Elasticity of Receivables

1.35

Focus
Asset Quality

N/A

Focus
Expense Coverage

1.2

Focus
Gross Margin Strengs

N/A

Focus
Accruals Factor

1.2

Focus
Depreciation Resistance

N/A

Focus
Net Sales Growth

0.7

Focus
Financial Leverage Condition

1.0

Focus

Brand Engagement Beneish M-Score Indicator Trends

The cure to earnings manipulation is the transparency of financial reporting. It will typically remove the temptation of the top executives to inflate earnings (i.e., to promote the idea of 'winning at any cost'). Because a healthy internal audit department can enhance transparency, the board should promote the auditors' access to all the record-keeping systems across the enterprise. For example, if Brand Engagement's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back.
Current ValueLast YearChange From Last Year 10 Year Trend
Net Receivables2.9 KK
Notably Down
Slightly volatile
Total Revenue12.7 K18 K
Way Down
Slightly volatile
Total Assets23.2 M22.1 M
Sufficiently Up
Slightly volatile
Total Current Assets31.1 K44.8 K
Way Down
Slightly volatile
Non Current Assets Total23.2 M22.1 M
Sufficiently Up
Slightly volatile
Depreciation And Amortization128.4 K167.9 K
Way Down
Slightly volatile
Selling General Administrative994.6 K1.2 M
Fairly Down
Slightly volatile
Total Current Liabilities8.4 MM
Sufficiently Up
Slightly volatile
Non Current Liabilities Total723.9 K762 K
Notably Down
Slightly volatile
Short Term Debt10.9 K12.3 K
Fairly Down
Slightly volatile

Brand Engagement Network Beneish M-Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to detect the potential manipulation of earnings. Understanding the correlation between Brand Engagement's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Brand Engagement in a much-optimized way. Analyzing correlations between earnings drivers directly associated with dollar figures is the most effective way to find Brand Engagement's degree of accounting gimmicks and manipulations.

About Brand Engagement Beneish M Score

M-Score is one of many grading techniques for value stocks. It was developed by Professor M. Daniel Beneish of the Kelley School of Business at Indiana University and published in 1999 under the paper titled The Detection of Earnings Manipulation. The Beneish score is a multi-factor model that utilizes financial identifiers to compile eight variables used to classify whether a company has manipulated its reported earnings. The variables are built from the officially filed financial statements to create a final score call 'M Score.' The score helps to identify companies that are likely to manipulate their profits if they show deteriorating gross margins, operating expenses, and leverage against growing revenue.

Depreciation And Amortization

128,368

At this time, Brand Engagement's Depreciation And Amortization is fairly stable compared to the past year.

About Brand Engagement Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Brand Engagement Network's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Brand Engagement using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Brand Engagement Network based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Brand Stock Analysis

When running Brand Engagement's price analysis, check to measure Brand Engagement's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Brand Engagement is operating at the current time. Most of Brand Engagement's value examination focuses on studying past and present price action to predict the probability of Brand Engagement's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brand Engagement's price. Additionally, you may evaluate how the addition of Brand Engagement to your portfolios can decrease your overall portfolio volatility.