Acres Commercial Realty Stock Beneish M Score

ACR Stock  USD 20.97  0.33  1.60%   
This module uses fundamental data of Acres Commercial to approximate the value of its Beneish M Score. Acres Commercial 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 Acres Commercial Piotroski F Score and Acres Commercial Altman Z Score analysis.
  
At this time, Acres Commercial's Long Term Debt Total is relatively stable compared to the past year. As of 03/02/2025, Net Debt To EBITDA is likely to grow to 21.86, while Net Debt is likely to drop slightly above 1.2 B. At this time, Acres Commercial's Inventory Turnover is relatively stable compared to the past year. As of 03/02/2025, Days Of Inventory On Hand is likely to grow to 547.83, while PTB Ratio is likely to drop 0.20.
At this time, it appears that Acres Commercial Realty is an unlikely manipulator. The earnings manipulation may begin if Acres Commercial'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 Acres Commercial 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 Acres Commercial'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.
-2.24
Beneish M Score - Unlikely Manipulator
Elasticity of Receivables

1.26

Focus
Asset Quality

0.93

Focus
Expense Coverage

1.23

Focus
Gross Margin Strengs

1.56

Focus
Accruals Factor

1.23

Focus
Depreciation Resistance

1.11

Focus
Net Sales Growth

0.75

Focus
Financial Leverage Condition

0.89

Focus

Acres Commercial 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 Acres Commercial'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 Receivables13.7 M14.4 M
Notably Down
Pretty Stable
Total Revenue69.3 M92.3 M
Way Down
Pretty Stable
Total Assets2.4 B2.5 B
Notably Down
Very volatile
Total Current Assets206.5 M110.4 M
Way Up
Very volatile
Non Current Assets Total25.3 M26.6 M
Notably Down
Slightly volatile
Property Plant Equipment170.6 M162.4 M
Sufficiently Up
Slightly volatile
Depreciation And Amortization99.4 K104.7 K
Notably Down
Pretty Stable
Selling General Administrative19.1 M20.7 M
Significantly Down
Slightly volatile
Total Current Liabilities10.6 M11.2 M
Notably Down
Slightly volatile
Non Current Liabilities Total1.1 BB
Way Down
Slightly volatile
Net Debt1.2 B1.5 B
Fairly Down
Pretty Stable
Short Term Debt81 M85.2 M
Notably Down
Pretty Stable
Long Term Debt785.5 M1.5 B
Way Down
Slightly volatile
Short Term Investments1.7 M1.8 M
Notably Down
Slightly volatile
Long Term Investments1.3 M1.4 M
Notably Down
Slightly volatile
Gross Profit Margin0.920.59
Way Up
Slightly volatile

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

About Acres Commercial 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.

Other Operating Expenses

85.08 Million

At this time, Acres Commercial's Other Operating Expenses is relatively stable compared to the past year.

Acres Commercial 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 Acres Commercial. 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 Receivables14.9M24.7M13.3M12.6M14.4M13.7M
Total Revenue19.5M44.9M70.0M80.2M92.3M69.3M
Total Assets1.7B2.3B2.4B2.2B2.5B2.4B
Total Current Assets46.3M60.2M79.7M96.0M110.4M206.5M
Net Debt1.3B1.8B1.8B1.6B1.5B1.2B
Short Term Debt41.6M71.2M331.0M94.7M85.2M81.0M
Long Term Debt1.3B1.8B1.9B1.7B1.5B785.5M
Operating Income(197.7M)33.9M93.1M20.7M18.6M17.9M
Investments244.9M(398.4M)(250.5M)174.9M157.4M165.3M
Gross Profit Margin0.980.860.520.510.590.92

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

About Acres Commercial Fundamental Analysis

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

Additional Tools for Acres Stock Analysis

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