Blackrock Esg Capital Stock Beneish M Score

ECAT Stock  USD 17.06  0.03  0.18%   
This module uses fundamental data of BlackRock ESG to approximate the value of its Beneish M Score. BlackRock ESG 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 BlackRock ESG Piotroski F Score and BlackRock ESG Altman Z Score analysis.
  
Short and Long Term Debt Total is likely to drop to 4,780 in 2024. Net Debt is likely to gain to about (3.5 M) in 2024.
At this time, it appears that BlackRock ESG Capital is an unlikely manipulator. The earnings manipulation may begin if BlackRock ESG'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 BlackRock ESG 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 BlackRock ESG'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.
-3.17
Beneish M Score - Unlikely Manipulator
Elasticity of Receivables

0.9

Focus
Asset Quality

N/A

Focus
Expense Coverage

0.51

Focus
Gross Margin Strengs

N/A

Focus
Accruals Factor

0.51

Focus
Depreciation Resistance

N/A

Focus
Net Sales Growth

1.05

Focus
Financial Leverage Condition

1.21

Focus

BlackRock ESG 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 BlackRock ESG'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 Receivables18.4 M19.3 M
Notably Down
Slightly volatile
Total Assets1.7 BB
Fairly Down
Slightly volatile
Total Current Assets21.9 M23 M
Notably Down
Slightly volatile
Non Current Assets Total1.6 B1.9 B
Significantly Down
Slightly volatile
Depreciation And Amortization168.8 K167.9 K
Slightly Up
Slightly volatile
Selling General Administrative1.1 MM
Way Down
Slightly volatile
Total Current Liabilities126.5 M124.9 M
Fairly Up
Slightly volatile
Non Current Liabilities Total262 M249.5 M
Sufficiently Up
Slightly volatile
Long Term Investments1.6 B1.9 B
Significantly Down
Slightly volatile

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

About BlackRock ESG 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

168,783

At this time, BlackRock ESG's Depreciation And Amortization is comparatively stable compared to the past year.

About BlackRock ESG Fundamental Analysis

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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for BlackRock Stock Analysis

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