Indivior Plc Ordinary Stock Beneish M Score

INDV Stock   11.99  0.06  0.50%   
This module uses fundamental data of Indivior PLC to approximate the value of its Beneish M Score. Indivior PLC 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 Indivior PLC Piotroski F Score and Indivior PLC Altman Z Score analysis.
  
At this time, Indivior PLC's Short and Long Term Debt is fairly stable compared to the past year. Debt To Equity is likely to climb to 3.92 in 2025, whereas Short and Long Term Debt Total is likely to drop slightly above 226.2 M in 2025. At this time, Indivior PLC's Shareholders Equity Per Share is fairly stable compared to the past year. Debt To Equity is likely to climb to 3.92 in 2025, whereas Book Value Per Share is likely to drop 0.02 in 2025.
At this time, it appears that Indivior PLC Ordinary is a possible manipulator. The earnings manipulation may begin if Indivior PLC'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 Indivior PLC 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 Indivior PLC'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.
-1.92
Beneish M Score - Possible Manipulator
Elasticity of Receivables

1.07

Focus
Asset Quality

0.94

Focus
Expense Coverage

0.99

Focus
Gross Margin Strengs

0.97

Focus
Accruals Factor

0.99

Focus
Depreciation Resistance

1.23

Focus
Net Sales Growth

0.74

Focus
Financial Leverage Condition

0.75

Focus

Indivior PLC 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 Indivior PLC'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 Receivables230.3 M292.1 M
Significantly Down
Slightly volatile
Total Revenue930.6 M1.3 B
Way Down
Slightly volatile
Total Assets1.9 B2.2 B
Fairly Down
Slightly volatile
Total Current AssetsB1.1 B
Significantly Down
Slightly volatile
Non Current Assets Total489.9 M794.6 M
Way Down
Slightly volatile
Property Plant Equipment78 M76.5 M
Fairly Up
Slightly volatile
Depreciation And Amortization19.6 M25.2 M
Significantly Down
Slightly volatile
Selling General Administrative484.2 M661.2 M
Way Down
Slightly volatile
Total Current Liabilities983.6 M1.5 B
Way Down
Slightly volatile
Non Current Liabilities Total596 M583.3 M
Fairly Up
Pretty Stable
Short Term Debt9.2 M10.8 M
Fairly Down
Slightly volatile
Long Term Debt258.5 M271.4 M
Sufficiently Down
Slightly volatile
Short Term Investments85.5 M84.6 M
Fairly Up
Slightly volatile
Gross Profit Margin0.920.95
Sufficiently Down
Pretty Stable

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

About Indivior PLC 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.

Reconciled Depreciation

20 Million

At this time, Indivior PLC's Reconciled Depreciation is fairly stable compared to the past year.

Indivior PLC 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 Indivior PLC. 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 Receivables179M202M220M254M292.1M230.3M
Total Revenue689.7M777.5M884.6M1.1B1.3B930.6M
Total Assets1.5B1.8B1.8B2.0B2.2B1.9B
Total Current Assets1.2B1.4B1.3B1.3B1.1B1.0B
Non Current Assets Total344.0M387.2M512.8M691M794.7M489.9M
Selling General Administrative447M239M545M575M661.3M484.2M
Total Current Liabilities599.0M802.4M1.0B1.3B1.5B983.6M
Non Current Liabilities Total850.0M823.4M702.8M648.1M583.3M596.0M
Long Term Debt230M239M237M236M271.4M258.5M
Operating Income93.8M183.8M205.2M(4M)(3.6M)(3.4M)
Total Cash From Operating Activities(205.7M)347.0M(3.9M)(315M)(283.5M)(269.3M)
Gross Profit Margin0.80.830.820.810.950.92

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

About Indivior PLC Fundamental Analysis

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

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