Grosvenor Resource Corp Stock Beneish M Score

GVR Stock   0.04  0.00  0.00%   
This module uses fundamental data of Grosvenor Resource to approximate the value of its Beneish M Score. Grosvenor Resource 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grosvenor Resource Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
  
At this time, Grosvenor Resource's Net Debt To EBITDA is fairly stable compared to the past year. Debt To Equity is likely to climb to 0 in 2025, whereas Short and Long Term Debt Total is likely to drop 3,420 in 2025. At this time, Grosvenor Resource's Income Quality is fairly stable compared to the past year. EV To Operating Cash Flow is likely to climb to 1.77 in 2025, whereas Operating Cash Flow Per Share is likely to drop (0) in 2025.
At this time, Grosvenor Resource's M Score is inapplicable. The earnings manipulation may begin if Grosvenor Resource'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 Grosvenor Resource 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 Grosvenor Resource'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.
-3.75
Beneish M Score - Inapplicable
Elasticity of Receivables

N/A

Focus
Asset Quality

3.31

Focus
Expense Coverage

N/A

Focus
Gross Margin Strengs

0.89

Focus
Accruals Factor

N/A

Focus
Depreciation Resistance

1.0

Focus
Net Sales Growth

N/A

Focus
Financial Leverage Condition

0.83

Focus

Grosvenor Resource 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 Grosvenor Resource'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 Receivables8.6 KK
Notably Down
Very volatile
Total Assets2.3 MM
Fairly Up
Pretty Stable
Total Current Assets1.7 MM
Fairly Down
Pretty Stable
Non Current Assets Total0.860.9
Sufficiently Down
Slightly volatile
Property Plant Equipment35.2 K37 K
Notably Down
Slightly volatile
Depreciation And Amortization39.3 K41.4 K
Notably Down
Pretty Stable
Selling General Administrative281.3 K210.7 K
Significantly Up
Pretty Stable
Total Current Liabilities34.6 K36.4 K
Notably Down
Slightly volatile
Short Term Debt3.4 K3.6 K
Notably Down
Slightly volatile
Short Term Investments1.8 M1.3 M
Significantly Up
Slightly volatile
Gross Profit Margin0.560.63
Fairly Down
Very volatile

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

About Grosvenor Resource 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

39,336.55

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

Grosvenor Resource 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 Grosvenor Resource. 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 Receivables122.9K65.3K63.8K10.0K9.0K8.6K
Total Assets3.9M3.6M2.8M1.8M2.0M2.3M
Total Current Assets3.9M3.6M2.8M1.8M2.0M1.7M
Non Current Assets Total35.8K41.1K46.5K1.00.90.86
Property Plant Equipment25.1K30.4K35.8K41.1K37.0K35.2K
Depreciation And Amortization206.3K236.6K228.5K36.0K41.4K39.3K
Selling General Administrative349.8K361.1K301.1K234.1K210.7K281.3K
Total Current Liabilities26.0K28.2K22.2K40.5K36.4K34.6K
Net Debt(1.3M)(1.3M)(428.7K)(642.2K)(578.0K)(549.1K)
Operating Income(349.8K)(361.1K)(665.6K)(378.6K)(435.4K)(457.2K)
Total Cash From Operating Activities39.6K28.0K(111.1K)(142.7K)(164.1K)(172.3K)
Short Term Investments2.5M3.1M2.0M1.5M1.3M1.8M

About Grosvenor Resource Fundamental Analysis

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

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