This module uses fundamental data of Smarttech247 Group to approximate the value of its Beneish M Score. Smarttech247 Group 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Smarttech247 Group PLC. 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.
Smarttech247
Long Term Debt is likely to drop to about 1.4 M in 2025.
At this time, Smarttech247 Group's M Score is inapplicable. The earnings manipulation may begin if Smarttech247 Group'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 Smarttech247 Group 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 Smarttech247 Group'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.
Smarttech247 Group 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 Smarttech247 Group'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.
Smarttech247 Group PLC 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 Smarttech247 Group's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Smarttech247 Group in a much-optimized way. Analyzing correlations between earnings drivers directly associated with dollar figures is the most effective way to find Smarttech247 Group'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.
Reconciled Depreciation
385,871
At this time, Smarttech247 Group's Reconciled Depreciation is comparatively stable compared to the past year.
About Smarttech247 Group Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Smarttech247 Group PLC's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Smarttech247 Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Smarttech247 Group PLC 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 Smarttech247 Group's price analysis, check to measure Smarttech247 Group'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 Smarttech247 Group is operating at the current time. Most of Smarttech247 Group's value examination focuses on studying past and present price action to predict the probability of Smarttech247 Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Smarttech247 Group's price. Additionally, you may evaluate how the addition of Smarttech247 Group to your portfolios can decrease your overall portfolio volatility.