This module uses fundamental data of Nascent Wine to approximate the value of its Beneish M Score. Nascent Wine 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 Nascent Wine Piotroski F Score and Nascent Wine Altman Z Score analysis.
At this time, Nascent Wine's Short and Long Term Debt is fairly stable compared to the past year. Short Term Debt is likely to climb to about 4.5 M in 2024, whereas Long Term Debt is likely to drop slightly above 149.3 K in 2024. At this time, Nascent Wine's Days Sales Outstanding is fairly stable compared to the past year. Inventory Turnover is likely to climb to 6.11 in 2024, whereas PTB Ratio is likely to drop 1.04 in 2024.
At this time, it appears that Nascent Wine is a possible manipulator. The earnings manipulation may begin if Nascent Wine'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 Nascent Wine 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 Nascent Wine'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 Nascent Wine'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.
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 Nascent Wine's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Nascent Wine in a much-optimized way. Analyzing correlations between earnings drivers directly associated with dollar figures is the most effective way to find Nascent Wine'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
1.16 Million
At this time, Nascent Wine's Depreciation is fairly stable compared to the past year.
About Nascent Wine Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nascent Wine's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nascent Wine using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nascent Wine 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 Nascent Wine's price analysis, check to measure Nascent Wine'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 Nascent Wine is operating at the current time. Most of Nascent Wine's value examination focuses on studying past and present price action to predict the probability of Nascent Wine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nascent Wine's price. Additionally, you may evaluate how the addition of Nascent Wine to your portfolios can decrease your overall portfolio volatility.