Algorhythm Holdings, Stock Beneish M Score

RIME Stock   0.25  0.02  8.70%   
This module uses fundamental data of Algorhythm Holdings, to approximate the value of its Beneish M Score. Algorhythm Holdings, 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 Algorhythm Holdings, Piotroski F Score and Algorhythm Holdings, Altman Z Score analysis.
For information on how to trade Algorhythm Stock refer to our How to Trade Algorhythm Stock guide.
  
As of November 25, 2024, Net Debt is expected to decline to about 660 K. In addition to that, Long Term Debt is expected to decline to about 49.5 K.
At this time, it appears that Algorhythm Holdings, is an unlikely manipulator. The earnings manipulation may begin if Algorhythm Holdings,'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 Algorhythm Holdings, 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 Algorhythm Holdings,'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.
-4.42
Beneish M Score - Unlikely Manipulator
Elasticity of Receivables

0.52

Focus
Asset Quality

N/A

Focus
Expense Coverage

0.8

Focus
Gross Margin Strengs

N/A

Focus
Accruals Factor

0.8

Focus
Depreciation Resistance

N/A

Focus
Net Sales Growth

1.04

Focus
Financial Leverage Condition

0.86

Focus

Algorhythm Holdings, 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 Algorhythm Holdings,'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 ReceivablesM7.3 M
Way Down
Slightly volatile
Total Revenue47.1 M45.2 M
Sufficiently Up
Slightly volatile
Total Assets23 M27.7 M
Significantly Down
Slightly volatile
Total Current Assets19.6 M23.2 M
Fairly Down
Slightly volatile
Non Current Assets Total3.5 M4.5 M
Significantly Down
Slightly volatile
Selling General Administrative12.4 M14.8 M
Fairly Down
Slightly volatile
Total Current Liabilities11.4 M16.2 M
Way Down
Slightly volatile
Non Current Liabilities Total4.1 M3.9 M
Sufficiently Up
Pretty Stable
Net Debt660 K697.6 K
Notably Down
Slightly volatile
Long Term Debt49.5 K52.1 K
Notably Down
Slightly volatile

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

About Algorhythm Holdings, 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

702,478

At present, Algorhythm Holdings,'s Reconciled Depreciation is projected to increase significantly based on the last few years of reporting.

About Algorhythm Holdings, Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Algorhythm Holdings,'s financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Algorhythm Holdings, using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Algorhythm Holdings, 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 Algorhythm Holdings, is a strong investment it is important to analyze Algorhythm Holdings,'s competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Algorhythm Holdings,'s future performance. For an informed investment choice regarding Algorhythm Stock, refer to the following important reports:
Check out Algorhythm Holdings, Piotroski F Score and Algorhythm Holdings, Altman Z Score analysis.
For information on how to trade Algorhythm Stock refer to our How to Trade Algorhythm Stock guide.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Leisure Products 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 Algorhythm Holdings,. If investors know Algorhythm 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 Algorhythm Holdings, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.27)
Revenue Per Share
5.97
Quarterly Revenue Growth
(0.07)
The market value of Algorhythm Holdings, is measured differently than its book value, which is the value of Algorhythm that is recorded on the company's balance sheet. Investors also form their own opinion of Algorhythm Holdings,'s value that differs from its market value or its book value, called intrinsic value, which is Algorhythm Holdings,'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 Algorhythm Holdings,'s market value can be influenced by many factors that don't directly affect Algorhythm Holdings,'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 Algorhythm Holdings,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if Algorhythm Holdings, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Algorhythm Holdings,'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.