This module uses fundamental data of Frontier Energy to approximate the value of its Beneish M Score. Frontier Energy 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 Frontier Energy Piotroski F Score and Frontier Energy Altman Z Score analysis.
Frontier
Beneish M Score
Capital Expenditures
Total Cash From Financing Activities
Change To Liabilities
Other Cashflows From Financing Activities
Change To Account Receivables
Net Income
Total Cash From Operating Activities
Sale Purchase Of Stock
Change In Cash
Net Borrowings
Total Cashflows From Investing Activities
Depreciation
Change To Netincome
Total Assets
Other Current Liab
Total Current Liabilities
Accounts Payable
Cash
Other Current Assets
Total Liab
Common Stock
Property Plant Equipment
Other Assets
Inventory
Total Stockholder Equity
Net Tangible Assets
Retained Earnings
Short Long Term Debt
Total Current Assets
Short Term Debt
Other Stockholder Equity
Selling General Administrative
Extraordinary Items
Operating Income
Net Income From Continuing Ops
Ebit
Total Operating Expenses
Income Before Tax
Total Other Income Expense Net
Net Income Applicable To Common Shares
Probability Of Bankruptcy
At this time, Frontier Energy's Short and Long Term Debt is fairly stable compared to the past year. Short Term Debt is likely to rise to about 261.2 K in 2024, whereas Long Term Debt is likely to drop slightly above 33.6 K in 2024.
At this time, it appears that Frontier Energy Corp is an unlikely manipulator. The earnings manipulation may begin if Frontier Energy'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 Frontier Energy 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 Frontier Energy'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.
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 Frontier Energy'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.
Frontier Energy Corp 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 Frontier Energy's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Frontier Energy in a much-optimized way. Analyzing correlations between earnings drivers directly associated with dollar figures is the most effective way to find Frontier Energy's degree of accounting gimmicks and manipulations.
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
48,087.6
At this time, Frontier Energy's Depreciation is fairly stable compared to the past year.
About Frontier Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Frontier Energy Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Frontier Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Frontier Energy Corp 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.
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When running Frontier Energy's price analysis, check to measure Frontier Energy'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 Frontier Energy is operating at the current time. Most of Frontier Energy's value examination focuses on studying past and present price action to predict the probability of Frontier Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Frontier Energy's price. Additionally, you may evaluate how the addition of Frontier Energy to your portfolios can decrease your overall portfolio volatility.