Sambhaav Media Limited Stock Beneish M Score

SAMBHAAV   5.69  0.05  0.87%   
This module uses fundamental data of Sambhaav Media to approximate the value of its Beneish M Score. Sambhaav Media 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 Sambhaav Media Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
  
At present, Sambhaav Media's Short and Long Term Debt Total is projected to decrease significantly based on the last few years of reporting. The current year's Net Debt is expected to grow to about 147.8 M, whereas Long Term Debt Total is forecasted to decline to about 52.3 M.
At this time, Sambhaav Media's M Score is inapplicable. The earnings manipulation may begin if Sambhaav Media'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 Sambhaav Media 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 Sambhaav Media'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.
-2.96
Beneish M Score - Inapplicable
Elasticity of Receivables

0.94

Focus
Asset Quality

0.85

Focus
Expense Coverage

0.92

Focus
Gross Margin Strengs

N/A

Focus
Accruals Factor

0.92

Focus
Depreciation Resistance

1.13

Focus
Net Sales Growth

1.03

Focus
Financial Leverage Condition

1.4

Focus

Sambhaav Media 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 Sambhaav Media'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 Receivables159.3 M165.7 M
Sufficiently Down
Slightly volatile
Total Revenue410.4 M399.6 M
Fairly Up
Slightly volatile
Total AssetsBB
Fairly Down
Slightly volatile
Total Current Assets379.5 M347.3 M
Significantly Up
Slightly volatile
Non Current Assets Total638.8 M682.3 M
Notably Down
Slightly volatile
Property Plant Equipment346.7 M324.2 M
Notably Up
Pretty Stable
Depreciation And Amortization49.4 M53.1 M
Significantly Down
Slightly volatile
Selling General Administrative1.4 M1.5 M
Notably Down
Pretty Stable
Total Current Liabilities169.3 M98.1 M
Way Up
Very volatile
Non Current Liabilities Total99.3 M73.3 M
Significantly Up
Slightly volatile
Net Debt147.8 M130.2 M
Moderately Up
Slightly volatile
Short Term Debt93.8 M72.5 M
Significantly Up
Pretty Stable
Long Term Debt18.4 M11.1 M
Way Up
Slightly volatile
Long Term Investments18.8 M17.9 M
Sufficiently Up
Slightly volatile

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

About Sambhaav Media 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

49.42 Million

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

Sambhaav Media 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 Sambhaav Media. 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 Receivables237.3M221.4M140.8M151.9M165.7M159.3M
Total Revenue483.3M420.8M450.1M403.3M399.6M410.4M
Total Assets1.2B1.1B1.1B1.1B1.0B1.0B
Total Current Assets382.7M394.9M401.5M429.7M347.3M379.5M
Net Debt236.0M200.3M146.6M187.1M130.2M147.8M
Short Term Debt153.3M123.9M92.9M109.3M72.5M93.8M
Long Term Debt3.1M25.7M26.9M23.6M11.1M18.4M
Operating Income(7.6M)(9.3M)(41.4M)1.8M133.6M140.3M
Investments(5.1M)(3.6M)(780K)(523K)(83.7M)(79.5M)

About Sambhaav Media Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Sambhaav Media Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sambhaav Media using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sambhaav Media Limited 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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Other Information on Investing in Sambhaav Stock

Sambhaav Media financial ratios help investors to determine whether Sambhaav Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Sambhaav with respect to the benefits of owning Sambhaav Media security.