Bloomage Biotechnology Corp Stock Beneish M Score

688363 Stock   59.16  1.32  2.28%   
This module uses fundamental data of Bloomage Biotechnology to approximate the value of its Beneish M Score. Bloomage Biotechnology 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Bloomage Biotechnology Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
  
As of December 1, 2024, Short and Long Term Debt is expected to decline to about 138 M. In addition to that, Short Term Debt is expected to decline to about 34.2 M.
At this time, Bloomage Biotechnology's M Score is inapplicable. The earnings manipulation may begin if Bloomage Biotechnology'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 Bloomage Biotechnology 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 Bloomage Biotechnology'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.
-3.21
Beneish M Score - Inapplicable
Elasticity of Receivables

1.56

Focus
Asset Quality

0.18

Focus
Expense Coverage

0.93

Focus
Gross Margin Strengs

N/A

Focus
Accruals Factor

0.93

Focus
Depreciation Resistance

N/A

Focus
Net Sales Growth

0.56

Focus
Financial Leverage Condition

1.02

Focus

Bloomage Biotechnology 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 Bloomage Biotechnology'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 Receivables391.6 M447.4 M
Fairly Down
Slightly volatile
Total Revenue3.4 B6.1 B
Way Down
Slightly volatile
Total Assets5.6 B8.5 B
Way Down
Slightly volatile
Total Current AssetsB3.1 B
Sufficiently Down
Slightly volatile
Non Current Assets Total5.6 B5.3 B
Sufficiently Up
Slightly volatile
Property Plant Equipment2.8 B2.7 B
Sufficiently Up
Slightly volatile
Selling General Administrative1.5 BB
Way Down
Slightly volatile
Total Current Liabilities830.5 M1.2 B
Way Down
Slightly volatile
Non Current Liabilities Total191.1 M265.8 M
Way Down
Slightly volatile
Short Term Debt34.2 M36 M
Notably Down
Slightly volatile
Long Term Debt2.2 M2.3 M
Notably Down
Slightly volatile
Operating Income730.2 M737.7 M
Fairly Down
Slightly volatile
Total Cash From Operating Activities594.9 M699.6 M
Fairly Down
Slightly volatile
Short Term Investments133 M140 M
Notably Down
Slightly volatile

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

About Bloomage Biotechnology 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

134.04 Million

At present, Bloomage Biotechnology's Reconciled Depreciation is projected to increase significantly based on the last few years of reporting.

Bloomage Biotechnology 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 Bloomage Biotechnology. 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 Receivables400.9M372.4M396.6M448.4M447.4M391.6M
Total Revenue1.9B2.6B4.9B6.4B6.1B3.4B
Total Assets5.0B5.7B7.5B8.7B8.5B5.6B
Total Current Assets3.8B3.7B4.0B4.0B3.1B3.0B
Non Current Assets Total1.2B2.1B3.5B4.7B5.3B5.6B
Property Plant Equipment492.6M658.3M1.3B2.3B2.7B2.8B
Selling General Administrative564.0M1.1B2.5B3.2B3.0B1.5B
Total Current Liabilities365.7M552.9M1.4B1.6B1.2B830.5M
Non Current Liabilities Total56.4M145.9M400.8M354.7M265.8M191.1M
Operating Income701.3M759.8M914.4M1.1B737.7M730.2M
Total Cash From Operating Activities364.9M705.1M1.3B635.2M699.6M594.9M
Investments(800M)(606.9M)(100.1M)(836.2M)(612.9M)(582.2M)

About Bloomage Biotechnology Fundamental Analysis

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

Other Information on Investing in Bloomage Stock

Bloomage Biotechnology financial ratios help investors to determine whether Bloomage 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 Bloomage with respect to the benefits of owning Bloomage Biotechnology security.