Ionq Wt Stock Beneish M Score

IONQ-WT Stock   22.29  3.83  20.75%   
This module uses fundamental data of IONQ WT to approximate the value of its Beneish M Score. IONQ WT 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 IONQ WT Performance and IONQ WT Technical Analysis analysis.
  
Net Debt To EBITDA is likely to drop to 0.18 in 2024. Debt To Equity is likely to drop to 0.0008 in 2024. At this time, IONQ WT's PTB Ratio is comparatively stable compared to the past year. Stock Based Compensation To Revenue is likely to gain to 3.84 in 2024, whereas Book Value Per Share is likely to drop 2.27 in 2024.
At this time, IONQ WT's M Score is inapplicable. The earnings manipulation may begin if IONQ WT'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 IONQ WT 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 IONQ WT'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.
-4.43
Beneish M Score - Inapplicable
Elasticity of Receivables

N/A

Focus
Asset Quality

N/A

Focus
Expense Coverage

N/A

Focus
Gross Margin Strengs

0.78

Focus
Accruals Factor

N/A

Focus
Depreciation Resistance

N/A

Focus
Net Sales Growth

N/A

Focus
Financial Leverage Condition

N/A

Focus

IONQ WT 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 IONQ WT'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
Gross Profit Margin0.490.6322
Significantly Down
Pretty Stable

About IONQ WT 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.

Capex To Depreciation

1.79

At this time, IONQ WT's Capex To Depreciation is comparatively stable compared to the past year.

About IONQ WT Fundamental Analysis

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

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