Coya Therapeutics, Common Stock Beneish M Score

COYA Stock   6.68  0.21  3.25%   
This module uses fundamental data of Coya Therapeutics, to approximate the value of its Beneish M Score. Coya Therapeutics, 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 Coya Therapeutics, Piotroski F Score and Coya Therapeutics, Altman Z Score analysis.
  
At present, Coya Therapeutics,'s Net Debt To EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Interest Debt Per Share is expected to grow to 1.46, whereas Net Debt is projected to grow to (36.4 M). At present, Coya Therapeutics,'s Book Value Per Share is projected to increase significantly based on the last few years of reporting. The current year's Cash Per Share is expected to grow to 2,642, whereas PTB Ratio is forecasted to decline to 0.
At this time, Coya Therapeutics,'s M Score is unavailable. The earnings manipulation may begin if Coya Therapeutics,'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 Coya Therapeutics, 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 Coya Therapeutics,'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.
-3.24
Beneish M Score - Unavailable
Elasticity of Receivables

0.9

Focus
Asset Quality

1.0

Focus
Expense Coverage

1.0

Focus
Gross Margin Strengs

0.89

Focus
Accruals Factor

1.0

Focus
Depreciation Resistance

1.06

Focus
Net Sales Growth

1.05

Focus
Financial Leverage Condition

1.0

Focus

Coya Therapeutics, 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 Coya Therapeutics,'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 Receivables694.1 K730.6 K
Notably Down
Slightly volatile
Total Assets46.6 B44.3 B
Sufficiently Up
Slightly volatile
Total Current Assets46.5 B44.3 B
Sufficiently Up
Slightly volatile
Property Plant Equipment85.6 K84 K
Fairly Up
Slightly volatile
Depreciation And Amortization23.4 K24.6 K
Notably Down
Slightly volatile
Selling General Administrative9.3 B8.9 B
Sufficiently Up
Slightly volatile
Total Current LiabilitiesB3.8 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total992.7 M945.4 M
Sufficiently Up
Slightly volatile
Short Term Debt579.1 K651.5 K
Fairly Down
Slightly volatile
Long Term Debt10.4 M11.7 M
Fairly Down
Slightly volatile
Short Term Investments30.6 B34.5 B
Fairly Down
Slightly volatile
Gross Profit Margin0.80.9
Fairly Down
Slightly volatile

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

About Coya Therapeutics, 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

23,393.66

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

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

About Coya Therapeutics, Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Coya Therapeutics, Common's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Coya Therapeutics, using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Coya Therapeutics, 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 Coya Therapeutics, Common offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Coya Therapeutics,'s financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Coya Therapeutics, Common Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Coya Therapeutics, Common Stock:
Check out Coya Therapeutics, Piotroski F Score and Coya Therapeutics, Altman Z Score analysis.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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 Coya Therapeutics,. If investors know Coya 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 Coya Therapeutics, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.98)
Revenue Per Share
0.687
Return On Assets
(0.29)
Return On Equity
(0.51)
The market value of Coya Therapeutics, Common is measured differently than its book value, which is the value of Coya that is recorded on the company's balance sheet. Investors also form their own opinion of Coya Therapeutics,'s value that differs from its market value or its book value, called intrinsic value, which is Coya Therapeutics,'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 Coya Therapeutics,'s market value can be influenced by many factors that don't directly affect Coya Therapeutics,'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 Coya Therapeutics,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if Coya Therapeutics, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Coya Therapeutics,'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.