Cracker Barrel Old Stock Beneish M Score

CBRL Stock  USD 40.85  0.82  1.97%   
This module uses fundamental data of Cracker Barrel to approximate the value of its Beneish M Score. Cracker Barrel 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 Cracker Barrel Piotroski F Score and Cracker Barrel Altman Z Score analysis.
  
At this time, Cracker Barrel's Interest Debt Per Share is quite stable compared to the past year. Debt To Assets is expected to rise to 0.64 this year, although the value of Long Term Debt Total will most likely fall to about 330 M. At this time, Cracker Barrel's Inventory Turnover is quite stable compared to the past year. Cash Per Share is expected to rise to 19.23 this year, although Book Value Per Share will most likely fall to 10.37.
At this time, Cracker Barrel's M Score is unavailable. The earnings manipulation may begin if Cracker Barrel'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 Cracker Barrel 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 Cracker Barrel'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.
-3.32
Beneish M Score - Unavailable
Elasticity of Receivables

2.01

Focus
Asset Quality

-1.16

Focus
Expense Coverage

1.82

Focus
Gross Margin Strengs

1.94

Focus
Accruals Factor

1.82

Focus
Depreciation Resistance

1.14

Focus
Net Sales Growth

0.52

Focus
Financial Leverage Condition

2.0

Focus

Cracker Barrel 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 Cracker Barrel'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 Receivables59.3 M56.4 M
Sufficiently Up
Slightly volatile
Total Revenue2.1 BB
Way Down
Slightly volatile
Total Assets1.3 B2.5 B
Way Down
Slightly volatile
Total Current Assets230.3 M319.9 M
Way Down
Pretty Stable
Non Current Assets Total2.3 B2.2 B
Sufficiently Up
Slightly volatile
Property Plant Equipment1.3 B2.1 B
Way Down
Slightly volatile
Depreciation And Amortization69.2 M128.5 M
Way Down
Slightly volatile
Selling General Administrative226.2 M238.1 M
Notably Down
Slightly volatile
Total Current Liabilities548.5 M522.3 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total1.5 B1.5 B
Sufficiently Up
Slightly volatile
Short Term Debt120.4 M114.7 M
Sufficiently Up
Pretty Stable
Long Term Debt495.4 M548.1 M
Moderately Down
Slightly volatile
Operating Income49.3 M51.9 M
Notably Down
Slightly volatile
Total Cash From Operating Activities193.5 M194.3 M
Slightly Down
Pretty Stable
Gross Profit Margin0.630.3242
Way Up
Very volatile

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

About Cracker Barrel 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.

Accumulated Depreciation

(1.08 Billion)

The company's current value of Accumulated Depreciation is estimated at (1.08 Billion)

Cracker Barrel 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 Cracker Barrel. 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 Receivables27.4M32.2M30.4M49.1M56.4M59.3M
Total Revenue2.8B3.3B3.4B3.5B4.0B2.1B
Total Assets2.4B2.3B2.2B2.2B2.5B1.3B
Total Current Assets353.6M317.3M282.3M278.2M319.9M230.3M
Net Debt931.0M1.2B1.1B1.2B1.4B1.4B
Short Term Debt101.0M109.3M92.7M99.7M114.7M120.4M
Long Term Debt327.3M423.2M414.9M476.6M548.1M495.4M
Operating Income148.9M153.0M120.6M45.1M51.9M49.3M
Investments78.3M(98.5M)(124.3M)(124.3M)(143.0M)(150.1M)

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

About Cracker Barrel Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Cracker Barrel Old's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cracker Barrel using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cracker Barrel Old 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 Cracker Barrel Old is a strong investment it is important to analyze Cracker Barrel'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 Cracker Barrel's future performance. For an informed investment choice regarding Cracker Stock, refer to the following important reports:
Check out Cracker Barrel Piotroski F Score and Cracker Barrel Altman Z Score analysis.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Hotels, Restaurants & Leisure 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 Cracker Barrel. If investors know Cracker 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 Cracker Barrel 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
(0.17)
Dividend Share
2.05
Earnings Share
1.6
Revenue Per Share
157.786
Quarterly Revenue Growth
0.015
The market value of Cracker Barrel Old is measured differently than its book value, which is the value of Cracker that is recorded on the company's balance sheet. Investors also form their own opinion of Cracker Barrel's value that differs from its market value or its book value, called intrinsic value, which is Cracker Barrel'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 Cracker Barrel's market value can be influenced by many factors that don't directly affect Cracker Barrel'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 Cracker Barrel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cracker Barrel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cracker Barrel'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.