Jasper Therapeutics Stock Beneish M Score

JSPRW Stock  USD 0.22  0.01  4.76%   
This module uses fundamental data of Jasper Therapeutics to approximate the value of its Beneish M Score. Jasper Therapeutics 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 Jasper Therapeutics Piotroski F Score and Jasper Therapeutics Altman Z Score analysis.
For more information on how to buy Jasper Stock please use our How to Invest in Jasper Therapeutics guide.
  
Short and Long Term Debt Total is likely to climb to about 3 M in 2024, despite the fact that Net Debt is likely to grow to (79.9 M). At this time, Jasper Therapeutics' Quick Ratio is fairly stable compared to the past year. Cash Ratio is likely to climb to 9.14 in 2024, whereas Operating Cash Flow Per Share is likely to drop (5.24) in 2024.
At this time, it appears that Jasper Therapeutics is an unlikely manipulator. The earnings manipulation may begin if Jasper Therapeutics' 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 Jasper Therapeutics 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 Jasper Therapeutics' 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.
-6.51
Beneish M Score - Unlikely Manipulator
Elasticity of Receivables

N/A

Focus
Asset Quality

N/A

Focus
Expense Coverage

N/A

Focus
Gross Margin Strengs

N/A

Focus
Accruals Factor

N/A

Focus
Depreciation Resistance

N/A

Focus
Net Sales Growth

N/A

Focus
Financial Leverage Condition

1.52

Focus

Jasper Therapeutics 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 Jasper Therapeutics' 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 Receivables412.2 K250 K
Way Up
Slightly volatile
Total Assets63.2 M94.9 M
Way Down
Slightly volatile
Total Current Assets58.6 M88.9 M
Way Down
Slightly volatile
Non Current Assets Total4.6 MM
Significantly Down
Slightly volatile
Depreciation And Amortization1.2 M1.1 M
Moderately Up
Slightly volatile
Selling General Administrative11.2 M17.1 M
Way Down
Slightly volatile
Total Current Liabilities7.4 M12.4 M
Way Down
Slightly volatile
Non Current Liabilities Total3.9 M4.1 M
Notably Down
Pretty Stable
Short Term Debt1.7 M1.9 M
Fairly Down
Slightly volatile
Long Term Debt10.5 M11.8 M
Fairly Down
Slightly volatile
Short Term Investments80.1 M90.1 M
Fairly Down
Slightly volatile
Long Term Investments110.3 M115.4 M
Sufficiently Down
Slightly volatile

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

About Jasper Therapeutics 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

1.23 Million

At this time, Jasper Therapeutics' Depreciation And Amortization is fairly stable compared to the past year.

About Jasper Therapeutics Fundamental Analysis

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

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