Gorilla Technology Group Stock Beneish M Score

GRRRW Stock  USD 1.00  0.11  12.36%   
This module uses fundamental data of Gorilla Technology to approximate the value of its Beneish M Score. Gorilla Technology 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 Gorilla Technology Piotroski F Score and Gorilla Technology Altman Z Score analysis.
  
At this time, Gorilla Technology's Long Term Debt is fairly stable compared to the past year. Debt To Assets is likely to climb to 0.36 in 2025, whereas Net Debt is likely to drop slightly above 18.4 M in 2025. At this time, Gorilla Technology's PE Ratio is fairly stable compared to the past year. Return On Tangible Assets is likely to climb to 0.15 in 2025, whereas PTB Ratio is likely to drop 0.72 in 2025.
At this time, Gorilla Technology's M Score is unavailable. The earnings manipulation may begin if Gorilla Technology'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 Gorilla Technology 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 Gorilla Technology'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.
-2.26
Beneish M Score - Unavailable
Elasticity of Receivables

1.21

Focus
Asset Quality

N/A

Focus
Expense Coverage

1.66

Focus
Gross Margin Strengs

0.6

Focus
Accruals Factor

1.66

Focus
Depreciation Resistance

N/A

Focus
Net Sales Growth

0.63

Focus
Financial Leverage Condition

0.79

Focus

Gorilla Technology 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 Gorilla Technology'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 Receivables24.7 M32.2 M
Way Down
Pretty Stable
Total Revenue47.1 M74.4 M
Way Down
Slightly volatile
Total Assets101.8 M132.8 M
Way Down
Slightly volatile
Total Current Assets64.1 M89.2 M
Way Down
Slightly volatile
Non Current Assets Total27.4 M34.1 M
Significantly Down
Slightly volatile
Depreciation And Amortization1.1 M1.1 M
Notably Down
Slightly volatile
Selling General Administrative20 M19 M
Sufficiently Up
Slightly volatile
Total Current Liabilities38.7 M62.5 M
Way Down
Slightly volatile
Non Current Liabilities Total7.4 M6.3 M
Fairly Up
Slightly volatile
Net Debt18.4 M31.7 M
Way Down
Slightly volatile
Short Term Debt23.4 M30 M
Significantly Down
Slightly volatile
Long Term Debt7.2 M6.1 M
Fairly Up
Slightly volatile
Short Term Investments34.8 M33.1 M
Sufficiently Up
Slightly volatile
Gross Profit Margin0.370.62
Way Down
Pretty Stable

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

About Gorilla Technology 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

1.07 Million

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

Gorilla Technology 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 Gorilla Technology. 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 Receivables34.9M36.5M15.4M35.8M32.2M24.7M
Total Revenue45.4M42.2M22.4M64.7M74.4M47.1M
Total Assets92.3M94.9M65.3M115.4M132.8M101.8M
Total Current Assets54.8M55.8M47.8M77.5M89.2M64.1M
Net Debt17.0M26.0M874.8K27.6M31.7M18.4M
Short Term Debt19.1M25.1M15.6M26.1M30.0M23.4M
Long Term Debt10.0M10.8M8.3M6.8M6.1M7.2M
Operating Income(3.8M)(8.0M)(88.7M)17.1M15.4M16.1M
Investments(7.7M)(9.9M)(1.9M)(38.7M)(34.8M)(33.1M)

About Gorilla Technology Fundamental Analysis

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

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