Tss, Common Stock Stock Beneish M Score

TSSI Stock  USD 10.19  0.49  5.05%   
This module uses fundamental data of TSS, Common to approximate the value of its Beneish M Score. TSS, Common 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 TSS, Common Piotroski F Score and TSS, Common Altman Z Score analysis.
  
As of now, TSS, Common's Total Debt To Capitalization is increasing as compared to previous years. The TSS, Common's current Debt Equity Ratio is estimated to increase to 1.28, while Long Term Debt is projected to decrease to under 2 M. As of now, TSS, Common's PB Ratio is increasing as compared to previous years. The TSS, Common's current ROIC is estimated to increase to 0.13, while Price To Sales Ratio is projected to decrease to 0.10.
At this time, it appears that TSS, Common Stock is a possible manipulator. The earnings manipulation may begin if TSS, Common'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 TSS, Common 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 TSS, Common'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.
1.62
Beneish M Score - Possible Manipulator
Elasticity of Receivables

0.9

Focus
Asset Quality

6.84

Focus
Expense Coverage

1.26

Focus
Gross Margin Strengs

0.94

Focus
Accruals Factor

1.26

Focus
Depreciation Resistance

0.95

Focus
Net Sales Growth

0.62

Focus
Financial Leverage Condition

0.71

Focus

TSS, Common 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 TSS, Common'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 Receivables2.7 M4.8 M
Way Down
Slightly volatile
Total Revenue33.9 M54.4 M
Way Down
Pretty Stable
Total Assets20.9 M25.6 M
Significantly Down
Very volatile
Total Current Assets15 M19.3 M
Significantly Down
Very volatile
Non Current Assets Total4.8 M6.3 M
Way Down
Slightly volatile
Property Plant Equipment7.1 M6.7 M
Sufficiently Up
Slightly volatile
Depreciation And Amortization353.6 K320 K
Significantly Up
Slightly volatile
Selling General AdministrativeM8.9 M
Significantly Down
Pretty Stable
Total Current Liabilities14.2 M18.4 M
Significantly Down
Slightly volatile
Non Current Liabilities Total3.2 M3.6 M
Fairly Down
Slightly volatile
Long Term DebtMM
Fairly Down
Pretty Stable
Gross Profit Margin0.190.2022
Notably Down
Pretty Stable

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

About TSS, Common 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

343,314

As of now, TSS, Common's Reconciled Depreciation is decreasing as compared to previous years.

TSS, Common 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 TSS, Common. 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 Receivables4.0M1.7M2.4M3.0M4.8M2.7M
Total Revenue32.8M45.1M27.4M30.6M54.4M33.9M
Total Assets17.6M23.8M19.3M31.4M25.6M20.9M
Total Current Assets14.2M21.0M11.8M24.4M19.3M15.0M
Long Term Debt1.7M1.8M2.0M2.2M2.0M2.0M
Operating Income480K(400K)(831K)914K1.8M1.8M
Investments(419K)(396K)(64K)(536K)(257K)(244.2K)

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

About TSS, Common Fundamental Analysis

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

Currently Active Assets on Macroaxis

When determining whether TSS, Common Stock offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of TSS, Common's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tss, Common Stock Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tss, Common Stock Stock:
Check out TSS, Common Piotroski F Score and TSS, Common Altman Z Score analysis.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Commercial Services & Supplies 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 TSS, Common. If investors know TSS, 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 TSS, Common listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
5
Earnings Share
0.17
Revenue Per Share
2.812
Quarterly Revenue Growth
(0.16)
Return On Assets
0.0588
The market value of TSS, Common Stock is measured differently than its book value, which is the value of TSS, that is recorded on the company's balance sheet. Investors also form their own opinion of TSS, Common's value that differs from its market value or its book value, called intrinsic value, which is TSS, Common'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 TSS, Common's market value can be influenced by many factors that don't directly affect TSS, Common'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 TSS, Common's value and its price as these two are different measures arrived at by different means. Investors typically determine if TSS, Common is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TSS, Common'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.