Green Impact Partners Stock Beneish M Score

GIP Stock   4.00  0.03  0.76%   
This module uses fundamental data of Green Impact to approximate the value of its Beneish M Score. Green Impact 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Green Impact Partners. 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, Green Impact's Net Debt is fairly stable compared to the past year. Long Term Debt is likely to climb to about 32.9 M in 2024, whereas Interest Debt Per Share is likely to drop 1.91 in 2024. At this time, Green Impact's Return On Tangible Assets are fairly stable compared to the past year. Earnings Yield is likely to climb to 0.02 in 2024, whereas PTB Ratio is likely to drop 0.85 in 2024.
At this time, Green Impact's M Score is inapplicable. The earnings manipulation may begin if Green Impact'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 Green Impact 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 Green Impact'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.
-2.05
Beneish M Score - Inapplicable
Elasticity of Receivables

0.72

Focus
Asset Quality

3.99

Focus
Expense Coverage

0.58

Focus
Gross Margin Strengs

0.95

Focus
Accruals Factor

0.58

Focus
Depreciation Resistance

N/A

Focus
Net Sales Growth

1.02

Focus
Financial Leverage Condition

1.2

Focus

Green Impact 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 Green Impact'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 Receivables9.5 M12.9 M
Way Down
Pretty Stable
Total Revenue164.9 M161.2 M
Fairly Up
Slightly volatile
Total Assets185.4 M188.5 M
Fairly Down
Slightly volatile
Total Current Assets20 M21.1 M
Notably Down
Slightly volatile
Non Current Assets Total163 M167.5 M
Fairly Down
Slightly volatile
Property Plant Equipment106.1 M165.4 M
Way Down
Slightly volatile
Selling General Administrative7.4 M12.6 M
Way Down
Slightly volatile
Total Current Liabilities22.7 M28.1 M
Significantly Down
Slightly volatile
Non Current Liabilities Total53.7 M43.6 M
Fairly Up
Pretty Stable
Net Debt43.1 M27.6 M
Way Up
Slightly volatile
Long Term Debt32.9 M28.9 M
Fairly Up
Pretty Stable

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

About Green Impact 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.

Reconciled Depreciation

5.54 Million

At this time, Green Impact's Reconciled Depreciation is fairly stable compared to the past year.

About Green Impact Fundamental Analysis

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

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Additional Tools for Green Stock Analysis

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