Sintx Technologies Stock Beneish M Score

SINT Stock  USD 3.20  0.02  0.63%   
This module uses fundamental data of SINTX Technologies to approximate the value of its Beneish M Score. SINTX Technologies 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 SINTX Technologies Piotroski F Score and SINTX Technologies Altman Z Score analysis.
For more information on how to buy SINTX Stock please use our How to Invest in SINTX Technologies guide.
  
At this time, SINTX Technologies' Debt To Equity is comparatively stable compared to the past year. Debt To Assets is likely to gain to 0.39 in 2025, whereas Long Term Debt is likely to drop slightly above 314.6 K in 2025. At this time, SINTX Technologies' Shareholders Equity Per Share is comparatively stable compared to the past year. Debt To Equity is likely to gain to 0.59 in 2025, whereas Days Sales Outstanding is likely to drop 81.37 in 2025.
At this time, it appears that SINTX Technologies is a possible manipulator. The earnings manipulation may begin if SINTX Technologies' 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 SINTX Technologies 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 SINTX Technologies' 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.
4.29
Beneish M Score - Possible Manipulator
Elasticity of Receivables

1.0

Focus
Asset Quality

17.55

Focus
Expense Coverage

1.31

Focus
Gross Margin Strengs

0.73

Focus
Accruals Factor

1.31

Focus
Depreciation Resistance

1.0

Focus
Net Sales Growth

0.95

Focus
Financial Leverage Condition

0.58

Focus

SINTX Technologies 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 SINTX Technologies' 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 Receivables585.7 K616.5 K
Notably Down
Slightly volatile
Total Revenue2.2 M2.4 M
Notably Down
Slightly volatile
Total Assets22.7 M13.8 M
Way Up
Slightly volatile
Total Current Assets4.7 MM
Notably Down
Slightly volatile
Non Current Assets TotalM8.8 M
Fairly Up
Slightly volatile
Property Plant Equipment9.7 M9.2 M
Sufficiently Up
Slightly volatile
Depreciation And Amortization1.6 M1.5 M
Sufficiently Up
Slightly volatile
Selling General Administrative4.7 M3.8 M
Fairly Up
Slightly volatile
Total Current Liabilities2.5 M2.6 M
Notably Down
Slightly volatile
Non Current Liabilities Total3.2 M3.3 M
Notably Down
Slightly volatile
Short Term Debt477.1 K502.2 K
Notably Down
Slightly volatile
Long Term Debt314.6 K331.2 K
Notably Down
Slightly volatile
Short Term Investments335.2 K352.8 K
Notably Down
Slightly volatile
Long Term Investments2.2 M1.7 M
Significantly Up
Slightly volatile
Gross Profit Margin0.590.81
Way Down
Slightly volatile

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

About SINTX Technologies 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

1.56 Million

At this time, SINTX Technologies' Depreciation And Amortization is comparatively stable compared to the past year.

SINTX Technologies 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 SINTX Technologies. 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.
202020212022202320242025 (projected)
Net Receivables1.9M102K328K685K616.5K585.7K
Total Revenue594K606K601K2.6M2.4M2.2M
Total Assets30.4M21.8M15.8M15.4M13.8M22.7M
Total Current Assets27.6M15.0M7.2M5.5M5.0M4.7M
Net Debt(23.1M)(11.9M)(3.4M)905K814.5K773.8K
Short Term Debt915K1.0M1.6M558K502.2K477.1K
Operating Income(9.8M)(10.6M)(11.3M)(13.4M)(15.4M)(16.1M)
Investments1.8M(1.7M)(1.1M)(735K)(661.5K)(628.4K)

SINTX Technologies ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, SINTX Technologies' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to SINTX Technologies' managers, analysts, and investors.
Environmental
Governance
Social

About SINTX Technologies Fundamental Analysis

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

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