Dave Warrants Stock Beneish M Score

DAVEW Stock  USD 0.13  0.02  18.18%   
This module uses fundamental data of Dave Warrants to approximate the value of its Beneish M Score. Dave Warrants 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 Dave Warrants Piotroski F Score and Dave Warrants Altman Z Score analysis.
For more information on how to buy Dave Stock please use our How to Invest in Dave Warrants guide.
  
At this time, Dave Warrants' Long Term Debt is fairly stable compared to the past year. Debt To Equity is likely to climb to 2.18 in 2024, whereas Net Debt is likely to drop slightly above 73.5 M in 2024. At this time, Dave Warrants' PFCF Ratio is fairly stable compared to the past year. EV To Operating Cash Flow is likely to climb to 7.46 in 2024, whereas PTB Ratio is likely to drop 1.09 in 2024.
At this time, Dave Warrants' M Score is unavailable. The earnings manipulation may begin if Dave Warrants' 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 Dave Warrants 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 Dave Warrants' 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.
-4.86
Beneish M Score - Unavailable
Elasticity of Receivables

0.94

Focus
Asset Quality

N/A

Focus
Expense Coverage

0.94

Focus
Gross Margin Strengs

1.63

Focus
Accruals Factor

0.94

Focus
Depreciation Resistance

N/A

Focus
Net Sales Growth

0.69

Focus
Financial Leverage Condition

0.98

Focus

Dave Warrants 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 Dave Warrants' 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 Receivables73.4 M112.8 M
Way Down
Slightly volatile
Total Revenue179.3 M259.1 M
Way Down
Slightly volatile
Total Assets199.4 M294 M
Way Down
Slightly volatile
Total Current Assets179.8 M276.9 M
Way Down
Slightly volatile
Non Current Assets Total19.6 M17.1 M
Fairly Up
Slightly volatile
Depreciation And Amortization3.9 M5.5 M
Way Down
Slightly volatile
Selling General Administrative61.4 M94.9 M
Way Down
Slightly volatile
Total Current Liabilities36.2 M25.6 M
Significantly Up
Slightly volatile
Non Current Liabilities Total190.4 M181.4 M
Sufficiently Up
Slightly volatile
Short Term Debt566.2 K596 K
Notably Down
Pretty Stable
Long Term Debt189.5 M180.5 M
Sufficiently Up
Slightly volatile
Short Term Investments73.6 M114.2 M
Way Down
Slightly volatile
Gross Profit Margin0.850.522
Way Up
Pretty Stable

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

About Dave Warrants 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

3.9 Million

At this time, Dave Warrants' Depreciation And Amortization is fairly stable compared to the past year.

About Dave Warrants Fundamental Analysis

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

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