Xtrackers Beneish M Score

ESCR
 Etf
  

USD 18.37  0.01  0.05%   

This module uses fundamental data of Xtrackers Bloomberg to approximate the value of its Beneish M Score. Xtrackers Bloomberg 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. Continue to Xtrackers Bloomberg Piotroski F Score and Xtrackers Bloomberg Altman Z Score analysis.
  
Xtrackers Bloomberg Debt Current is relatively stable at the moment as compared to the past year. Xtrackers Bloomberg reported last year Debt Current of 42.76 Million. As of 12/07/2022, Debt to Equity Ratio is likely to grow to 3.21, while Total Debt is likely to drop slightly above 35.1 M. Xtrackers Bloomberg Price to Book Value is relatively stable at the moment as compared to the past year. Xtrackers Bloomberg reported last year Price to Book Value of 0.41. As of 12/07/2022, Tangible Assets Book Value per Share is likely to grow to 8.61, while Earnings per Basic Share are likely to drop (0.98) .
At this time, Xtrackers Bloomberg's M Score is inapplicable. The earnings manipulation may begin if Xtrackers Bloomberg'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 Xtrackers Bloomberg 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 Xtrackers Bloomberg'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.
-3.3
Beneish M Score - Inapplicable
Elasticity of Receivables1.33Focus
Asset QualityN/AFocus
Expense Coverage0.95Focus
Gross Margin Strengs1.14Focus
Accruals Factor0.95Focus
Depreciation Resistance1.13Focus
Net Sales Growth0.89Focus
Financial Leverage Condition0.9Focus

Xtrackers Bloomberg 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 Xtrackers Bloomberg'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
Selling General and Administrative Expense5.4 M6.4 M
Fairly Down
Increasing
Slightly volatile
Revenues35.2 M39.7 M
Fairly Down
Increasing
Stable
Trade and Non Trade Receivables4.5 M3.8 M
Fairly Up
Increasing
Very volatile
Property Plant and Equipment Net91.2 M96 M
Notably Down
Decreasing
Slightly volatile
Operating Income(6.9 M)(6.7 M)
Fairly Down
Decreasing
Stable
Net Cash Flow from Operations10.2 M7.8 M
Significantly Up
Decreasing
Slightly volatile
Liabilities Non Current8.7 M8.4 M
Fairly Up
Decreasing
Slightly volatile
Current Liabilities57.9 M53.7 M
Significantly Up
Increasing
Slightly volatile
Total Liabilities52.7 M62.1 M
Fairly Down
Increasing
Stable
Gross Margin0.670.59
Moderately Up
Decreasing
Very volatile
Depreciation Amortization and Accretion14.5 M17.7 M
Significantly Down
Increasing
Stable
Debt Non Current34.1 M42.7 M
Significantly Down
Increasing
Slightly volatile
Debt Current46.1 M42.8 M
Significantly Up
Increasing
Slightly volatile
Total Debt35.1 M42.8 M
Significantly Down
Increasing
Slightly volatile
Assets Non Current92.6 M100.6 M
Significantly Down
Increasing
Very volatile
Current Assets14.1 M14.5 M
Fairly Down
Decreasing
Very volatile
Total Assets106.6 M115.1 M
Significantly Down
Increasing
Very volatile

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

About Xtrackers Bloomberg 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 Amortization and Accretion

14.51 Million

Xtrackers Bloomberg Depreciation Amortization and Accretion is relatively stable at the moment as compared to the past year. Xtrackers Bloomberg reported last year Depreciation Amortization and Accretion of 17.71 Million

About Xtrackers Bloomberg Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Xtrackers Bloomberg US's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Xtrackers Bloomberg using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Xtrackers Bloomberg US based on its fundamental data. In general, a quantitative approach, as applied to this etf, 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.
The fund will invest at least 80 percent of its total assets, but typically far more, in instruments that comprise the underlying index. Xt Bb is traded on BATS Exchange in the United States.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Xtrackers Bloomberg in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Xtrackers Bloomberg's short interest history, or implied volatility extrapolated from Xtrackers Bloomberg options trading.
Continue to Xtrackers Bloomberg Piotroski F Score and Xtrackers Bloomberg Altman Z Score analysis. Note that the Xtrackers Bloomberg information on this page should be used as a complementary analysis to other Xtrackers Bloomberg's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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When running Xtrackers Bloomberg price analysis, check to measure Xtrackers Bloomberg'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 Xtrackers Bloomberg is operating at the current time. Most of Xtrackers Bloomberg's value examination focuses on studying past and present price action to predict the probability of Xtrackers Bloomberg's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Xtrackers Bloomberg's price. Additionally, you may evaluate how the addition of Xtrackers Bloomberg to your portfolios can decrease your overall portfolio volatility.
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The market value of Xtrackers Bloomberg is measured differently than its book value, which is the value of Xtrackers that is recorded on the company's balance sheet. Investors also form their own opinion of Xtrackers Bloomberg's value that differs from its market value or its book value, called intrinsic value, which is Xtrackers Bloomberg'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 Xtrackers Bloomberg's market value can be influenced by many factors that don't directly affect Xtrackers Bloomberg'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 Xtrackers Bloomberg's value and its price as these two are different measures arrived at by different means. Investors typically determine Xtrackers Bloomberg value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Xtrackers Bloomberg'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.