Generation Income Properties Stock Beneish M Score

GIPRW Stock  USD 0.17  0.00  0.00%   
This module uses fundamental data of Generation Income to approximate the value of its Beneish M Score. Generation Income 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 Generation Income Piotroski F Score and Generation Income Altman Z Score analysis.
  
At this time, Generation Income's Net Debt To EBITDA is fairly stable compared to the past year. Debt To Equity is likely to climb to 3.99 in 2024, whereas Net Debt is likely to drop slightly above 34.5 M in 2024. At this time, Generation Income's Capex To Operating Cash Flow is fairly stable compared to the past year. Days Payables Outstanding is likely to climb to 118.64 in 2024, whereas PTB Ratio is likely to drop 0.50 in 2024.
At this time, it appears that Generation Income is an unlikely manipulator. The earnings manipulation may begin if Generation Income'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 Generation Income 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 Generation Income'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.
-3.09
Beneish M Score - Unlikely Manipulator
Elasticity of Receivables

1.94

Focus
Asset Quality

N/A

Focus
Expense Coverage

1.87

Focus
Gross Margin Strengs

0.76

Focus
Accruals Factor

1.87

Focus
Depreciation Resistance

N/A

Focus
Net Sales Growth

0.54

Focus
Financial Leverage Condition

1.02

Focus

Generation Income 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 Generation Income'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 Revenue4.1 M7.6 M
Way Down
Slightly volatile
Total Assets59.1 M108.7 M
Way Down
Slightly volatile
Total Current Assets4.2 MM
Notably Up
Slightly volatile
Non Current Assets Total54.7 M103.9 M
Way Down
Slightly volatile
Depreciation And Amortization3.4 M3.5 M
Notably Down
Slightly volatile
Selling General Administrative1.8 M1.7 M
Fairly Up
Slightly volatile
Total Current Liabilities4.1 M3.9 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total38.6 M66.3 M
Way Down
Slightly volatile
Net Debt34.5 M65.6 M
Way Down
Slightly volatile
Short Term Debt231.9 K244.1 K
Notably Down
Slightly volatile
Long Term Debt35.8 M62.3 M
Way Down
Slightly volatile
Short Term Investments128.9 K135.6 K
Notably Down
Slightly volatile
Gross Profit Margin0.590.7774
Way Down
Slightly volatile

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

About Generation Income 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

3.35 Million

At this time, Generation Income's Depreciation And Amortization is fairly stable compared to the past year.

Generation Income 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 Generation Income. 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 Receivables73.8K75.8K88.7K96.1K241.2K253.2K
Total Revenue1.7M3.5M3.9M5.4M7.6M4.1M
Total Assets40.2M40.7M53.4M64.2M108.7M59.1M
Total Current Assets1.6M1.4M11.2M4.2M4.0M4.2M
Net Debt27.3M28.5M18.4M39.4M65.6M34.5M
Short Term Debt525.1K5.0M577.4K11.2M244.1K231.9K
Long Term Debt28.3M29.5M29.0M36.7M62.3M35.8M
Operating Income(292.0K)165.0K(324.7K)(808.2K)(3.5M)(3.3M)
Investments(16.6M)(272.8K)(3.9M)(13.3M)(33.3M)(31.7M)

About Generation Income Fundamental Analysis

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

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