Synaptogenix Stock Beneish M Score

SNPX Stock  USD 2.60  0.03  1.17%   
This module uses fundamental data of Synaptogenix to approximate the value of its Beneish M Score. Synaptogenix 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 Synaptogenix Piotroski F Score and Synaptogenix Altman Z Score analysis.
For more information on how to buy Synaptogenix Stock please use our How to Invest in Synaptogenix guide.
  
Net Debt To EBITDA is likely to rise to 3.62 in 2024, whereas Net Debt is likely to drop (30.1 M) in 2024. At this time, Synaptogenix's Payables Turnover is fairly stable compared to the past year. EV To Operating Cash Flow is likely to rise to 5.17 in 2024, whereas PTB Ratio is likely to drop 0.12 in 2024.
At this time, it appears that Synaptogenix is an unlikely manipulator. The earnings manipulation may begin if Synaptogenix'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 Synaptogenix 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 Synaptogenix'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.
-5.56
Beneish M Score - Unlikely Manipulator
Elasticity of Receivables

N/A

Focus
Asset Quality

0.26

Focus
Expense Coverage

N/A

Focus
Gross Margin Strengs

N/A

Focus
Accruals Factor

N/A

Focus
Depreciation Resistance

0.96

Focus
Net Sales Growth

N/A

Focus
Financial Leverage Condition

1.14

Focus

Synaptogenix 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 Synaptogenix'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 Receivables102 K114.7 K
Fairly Down
Slightly volatile
Total Assets28.6 M31.1 M
Significantly Down
Slightly volatile
Total Current Assets28.4 M30.5 M
Significantly Down
Slightly volatile
Non Current Assets Total610 K580.9 K
Sufficiently Up
Slightly volatile
Property Plant Equipment17.3 K19.9 K
Fairly Down
Slightly volatile
Depreciation And Amortization5.8 K6.3 K
Significantly Down
Slightly volatile
Selling General Administrative6.8 M6.3 M
Notably Up
Slightly volatile
Total Current Liabilities4.5 M4.3 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total1.3 M1.3 M
Notably Up
Slightly volatile

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

About Synaptogenix 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

5,782.48

At this time, Synaptogenix's Depreciation And Amortization is fairly stable compared to the past year.

Synaptogenix 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, Synaptogenix's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Synaptogenix's managers, analysts, and investors.
Environmental
Governance
Social

About Synaptogenix Fundamental Analysis

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

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