Healthcare Trust Pr Stock Beneish M Score

HTIA Stock  USD 15.70  0.01  0.06%   
This module uses fundamental data of Healthcare Trust to approximate the value of its Beneish M Score. Healthcare Trust 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 Healthcare Trust Piotroski F Score and Healthcare Trust Altman Z Score analysis.
  
At present, Healthcare Trust's Short and Long Term Debt is projected to increase significantly based on the last few years of reporting. The current year's Net Debt To EBITDA is expected to grow to 14.64, whereas Net Debt is forecasted to decline to about 840.7 M. At present, Healthcare Trust's PTB Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Book Value Per Share is expected to grow to 51.57, whereas Price To Sales Ratio is forecasted to decline to 1.06.
At this time, it appears that Healthcare Trust is an unlikely manipulator. The earnings manipulation may begin if Healthcare Trust'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 Healthcare Trust 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 Healthcare Trust'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.
-2.53
Beneish M Score - Unlikely Manipulator
Elasticity of Receivables

0.93

Focus
Asset Quality

1.74

Focus
Expense Coverage

0.92

Focus
Gross Margin Strengs

0.68

Focus
Accruals Factor

0.92

Focus
Depreciation Resistance

0.5

Focus
Net Sales Growth

0.88

Focus
Financial Leverage Condition

0.72

Focus

Healthcare Trust 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 Healthcare Trust'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 Receivables21.5 M26.3 M
Significantly Down
Slightly volatile
Total Revenue305.1 M345.8 M
Fairly Down
Slightly volatile
Total Assets2.2 B2.1 B
Sufficiently Up
Slightly volatile
Total Current Assets139.3 M181.8 M
Way Down
Slightly volatile
Non Current Assets Total2.1 BB
Notably Up
Slightly volatile
Property Plant Equipment1.6 B1.7 B
Significantly Down
Slightly volatile
Depreciation And Amortization162 M82.9 M
Way Up
Slightly volatile
Selling General Administrative15.4 M18.9 M
Significantly Down
Slightly volatile
Total Current Liabilities45.4 M47.7 M
Notably Down
Slightly volatile
Non Current Liabilities Total686.3 M1.2 B
Way Down
Slightly volatile
Short Term Debt685.9 K722 K
Notably Down
Slightly volatile
Long Term Debt589 M809 M
Way Down
Pretty Stable
Short Term Investments14.3 M28.4 M
Way Down
Very volatile
Long Term Investments11.1 K11.7 K
Notably Down
Slightly volatile
Gross Profit Margin0.250.3701
Way Down
Slightly volatile

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

About Healthcare Trust 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

162.04 Million

At present, Healthcare Trust's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting.

Healthcare Trust Earnings Manipulation Drivers

Although earnings manipulation is typically not the result of intentional misconduct by the c-level executives, it is still a widespread practice by the senior management of public companies such as Healthcare Trust. It is usually done by a series of misrepresentations of various accounting rules and operating activities across multiple financial cycles. The best way to spot the manipulation is to examine the historical financial statement to find inconsistencies in earning reports to find trends in assets or liabilities that are not sustainable in the future.
201920202021202220232024 (projected)
Net Receivables21.2M23.3M23.9M25.3M26.3M21.5M
Total Revenue374.9M381.6M329.4M335.8M345.8M305.1M
Total Assets2.3B2.3B2.2B2.2B2.1B2.2B
Total Current Assets243.3M148.7M141.8M136.4M181.8M139.3M
Net Debt1.0B1.2B1.0B1.1B1.1B840.7M
Short Term Debt605.3M674.6M502.1M530.3M722K685.9K
Long Term Debt1.1B542.7M584.2M578.7M809.0M589.0M
Operating Income15.8M11.6M2.8M(1.7M)(4.7M)(5.0M)
Investments(46.2M)(82.5M)(47.9M)(41.8M)(68.1M)(71.5M)
Gross Profit Margin0.08040.390.380.360.370.25

Healthcare Trust ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Healthcare Trust's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Healthcare Trust's managers, analysts, and investors.
Environmental
Governance
Social

About Healthcare Trust Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Healthcare Trust PR's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Healthcare Trust using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Healthcare Trust PR 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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When determining whether Healthcare Trust offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Healthcare Trust's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Healthcare Trust Pr Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Healthcare Trust Pr Stock:
Check out Healthcare Trust Piotroski F Score and Healthcare Trust Altman Z Score analysis.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Real Estate Management & Development space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Healthcare Trust. If investors know Healthcare will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Healthcare Trust listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.07)
Revenue Per Share
12.357
Quarterly Revenue Growth
0.032
Return On Assets
(0.0004)
Return On Equity
(0.20)
The market value of Healthcare Trust is measured differently than its book value, which is the value of Healthcare that is recorded on the company's balance sheet. Investors also form their own opinion of Healthcare Trust's value that differs from its market value or its book value, called intrinsic value, which is Healthcare Trust's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Healthcare Trust's market value can be influenced by many factors that don't directly affect Healthcare Trust's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Healthcare Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if Healthcare Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Healthcare Trust's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.