Element 29 Resources Stock Beneish M Score

EMTRF Stock  USD 0.32  0.01  3.03%   
This module uses fundamental data of Element 29 to approximate the value of its Beneish M Score. Element 29 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Element 29 Resources. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
  
At this time, Element 29's M Score is unavailable. The earnings manipulation may begin if Element 29'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 Element 29 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 Element 29'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.
-4.84
Beneish M Score - Unavailable
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Gross Margin Strengs

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Accruals Factor

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Depreciation Resistance

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Net Sales Growth

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Financial Leverage Condition

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About Element 29 Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Element 29 Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Element 29 using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Element 29 Resources based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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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Other Information on Investing in Element OTC Stock

Element 29 financial ratios help investors to determine whether Element OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Element with respect to the benefits of owning Element 29 security.


 

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