Boundless Bio, Common Stock Beneish M Score

BOLD Stock  USD 2.59  0.07  2.78%   
This module uses fundamental data of Boundless Bio, to approximate the value of its Beneish M Score. Boundless Bio, 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 Boundless Bio, Piotroski F Score and Boundless Bio, Altman Z Score analysis.
  
At present, Boundless Bio,'s Short Term Debt is projected to increase significantly based on the last few years of reporting. The current year's Net Debt To EBITDA is expected to grow to 0.74, whereas Interest Debt Per Share is forecasted to decline to 0.10. At present, Boundless Bio,'s ROE is projected to increase slightly based on the last few years of reporting. The current year's EV To Operating Cash Flow is expected to grow to 0.48, whereas Book Value Per Share is projected to grow to (5.43).
At this time, it appears that Boundless Bio, Common is an unlikely manipulator. The earnings manipulation may begin if Boundless Bio,'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 Boundless Bio, 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 Boundless Bio,'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.
-5.4
Beneish M Score - Unlikely Manipulator
Elasticity of Receivables

N/A

Focus
Asset Quality

N/A

Focus
Expense Coverage

N/A

Focus
Gross Margin Strengs

N/A

Focus
Accruals Factor

N/A

Focus
Depreciation Resistance

N/A

Focus
Net Sales Growth

N/A

Focus
Financial Leverage Condition

0.91

Focus

Boundless Bio, 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 Boundless Bio,'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
Total Assets148.5 M129.9 M
Fairly Up
Very volatile
Total Current Assets124.3 M124.2 M
Slightly Up
Very volatile
Non Current Assets Total5.4 M5.7 M
Notably Down
Slightly volatile
Depreciation And Amortization909.1 K957 K
Notably Down
Pretty Stable
Selling General Administrative11.5 M12.2 M
Notably Down
Very volatile
Total Current Liabilities10 M9.4 M
Notably Up
Slightly volatile
Non Current Liabilities Total260 M247.6 M
Sufficiently Up
Slightly volatile
Short Term Debt2.2 M2.2 M
Fairly Up
Slightly volatile
Short Term Investments83.3 M97 M
Fairly Down
Very volatile

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

About Boundless Bio, 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

909,150

At present, Boundless Bio,'s Depreciation And Amortization is projected to decrease significantly based on the last few years of reporting.

Boundless Bio, 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 Boundless Bio,. 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)
Total Assets178.7M472.6M113.7M76.8M129.9M148.5M
Total Current Assets137.0M419.8M74.6M68.0M124.2M124.3M
Non Current Assets Total41.7M52.8M39.1M8.8M5.7M5.4M
Depreciation And Amortization3.7M7.5M682K942K957K909.2K
Selling General Administrative17.3M30.0M6.0M9.3M12.2M11.5M
Total Current Liabilities17.7M23.9M3.9M7.7M9.4M10.0M
Non Current Liabilities Total6.1M10.5M148.0M150.8M247.6M260.0M
Net Debt(31.8M)(137.3M)(33.9M)(5.8M)(21.5M)(22.6M)
Short Term Debt4.6M2.3M377K2.3M2.2M2.2M
Operating Income(93.2M)(134.4M)(25.3M)(46.5M)(54.8M)(57.5M)
Total Cash From Operating Activities(84.5M)(108.0M)(23.2M)(39.6M)(46.9M)(49.2M)
Short Term Investments94.6M270.0M38.7M55.8M97.0M83.3M

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

About Boundless Bio, Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Boundless Bio, Common's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Boundless Bio, using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Boundless Bio, Common 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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When determining whether Boundless Bio, Common is a strong investment it is important to analyze Boundless Bio,'s competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Boundless Bio,'s future performance. For an informed investment choice regarding Boundless Stock, refer to the following important reports:
Check out Boundless Bio, Piotroski F Score and Boundless Bio, Altman Z Score analysis.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Biotechnology 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 Boundless Bio,. If investors know Boundless 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 Boundless Bio, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.59)
Return On Assets
(0.24)
Return On Equity
(0.36)
The market value of Boundless Bio, Common is measured differently than its book value, which is the value of Boundless that is recorded on the company's balance sheet. Investors also form their own opinion of Boundless Bio,'s value that differs from its market value or its book value, called intrinsic value, which is Boundless Bio,'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 Boundless Bio,'s market value can be influenced by many factors that don't directly affect Boundless Bio,'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 Boundless Bio,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if Boundless Bio, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Boundless Bio,'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.