Copper Fox Metals Stock Beneish M Score

CUU Stock  CAD 0.28  0.04  12.50%   
This module uses fundamental data of Copper Fox to approximate the value of its Beneish M Score. Copper Fox 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Copper Fox Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
  
At this time, Copper Fox's Short and Long Term Debt Total is fairly stable compared to the past year. Long Term Debt is likely to climb to about 363.9 K in 2024, whereas Short Term Debt is likely to drop slightly above 244.8 K in 2024. At this time, Copper Fox's Book Value Per Share is fairly stable compared to the past year. Payables Turnover is likely to climb to 0.20 in 2024, whereas Free Cash Flow Yield is likely to drop (0.01) in 2024.
At this time, Copper Fox's M Score is inapplicable. The earnings manipulation may begin if Copper Fox'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 Copper Fox 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 Copper Fox'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.
-8.32
Beneish M Score - Inapplicable
Elasticity of Receivables

N/A

Focus
Asset Quality

-8.42

Focus
Expense Coverage

N/A

Focus
Gross Margin Strengs

N/A

Focus
Accruals Factor

N/A

Focus
Depreciation Resistance

0.95

Focus
Net Sales Growth

N/A

Focus
Financial Leverage Condition

0.62

Focus

Copper Fox 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 Copper Fox'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 Receivables11.6 K12.2 K
Notably Down
Slightly volatile
Total Assets62.7 M96.5 M
Way Down
Slightly volatile
Total Current Assets2.3 M1.2 M
Way Up
Slightly volatile
Non Current Assets Total59.5 M94.9 M
Way Down
Slightly volatile
Property Plant Equipment83.6 M92.4 M
Moderately Down
Slightly volatile
Depreciation And Amortization14.3 K15 K
Notably Down
Slightly volatile
Selling General Administrative1.5 MM
Way Up
Slightly volatile
Total Current Liabilities871.1 K462.4 K
Way Up
Pretty Stable
Non Current Liabilities Total2.4 M1.4 M
Way Up
Slightly volatile
Short Term Debt244.8 K385.7 K
Way Down
Slightly volatile
Long Term Debt363.9 K293.5 K
Fairly Up
Slightly volatile
Long Term Investments450.8 K275.9 K
Way Up
Slightly volatile

Copper Fox Metals 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 Copper Fox's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Copper Fox in a much-optimized way. Analyzing correlations between earnings drivers directly associated with dollar figures is the most effective way to find Copper Fox's degree of accounting gimmicks and manipulations.

About Copper Fox 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

14,263.11

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

Copper Fox Earnings Manipulation Drivers

Although earnings manipulation is typically not the result of intentional misconduct by the c-level executives, it is still a widespread practice by the senior management of public companies such as Copper Fox. It is usually done by a series of misrepresentations of various accounting rules and operating activities across multiple financial cycles. The best way to spot the manipulation is to examine the historical financial statement to find inconsistencies in earning reports to find trends in assets or liabilities that are not sustainable in the future.
201920202021202220232024 (projected)
Net Receivables50.1K77.4K42.1K13.6K12.2K11.6K
Total Assets77.1M81.4M81.0M83.9M96.5M62.7M
Total Current Assets542.1K2.7M174.3K1.4M1.2M2.3M
Non Current Assets Total76.5M78.7M80.8M82.5M94.9M59.5M
Property Plant Equipment74.7M75.6M77.5M80.3M92.4M83.6M
Depreciation And Amortization27.6K19.5K14.3K16.7K15.0K14.3K
Selling General Administrative999.8K1.1M1.0M1.1M1.0M1.5M
Total Current Liabilities120.0K459.0K351.8K513.8K462.4K871.1K
Non Current Liabilities Total1.3M1.9M1.5M1.2M1.4M2.4M
Net Debt(337.2K)(1.7M)599.3K(920.1K)(1.1M)(1.1M)
Operating Income(1.0M)(1.1M)(688.0K)(1.1M)(1.0M)(966.6K)
Total Cash From Operating Activities(1.0M)(981.7K)(1.1M)(999.5K)(1.1M)(1.2M)
Long Term Investments936.9K939.9K289.9K306.5K275.9K450.8K

About Copper Fox Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Copper Fox Metals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Copper Fox using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Copper Fox Metals 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.

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Additional Tools for Copper Stock Analysis

When running Copper Fox's price analysis, check to measure Copper Fox'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 Copper Fox is operating at the current time. Most of Copper Fox's value examination focuses on studying past and present price action to predict the probability of Copper Fox's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Copper Fox's price. Additionally, you may evaluate how the addition of Copper Fox to your portfolios can decrease your overall portfolio volatility.