Mediazest Plc Stock Beneish M Score

MDZ Stock   0.07  0.00  0.00%   
This module uses fundamental data of MediaZest Plc to approximate the value of its Beneish M Score. MediaZest 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MediaZest plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
  
The current year's Short and Long Term Debt is expected to grow to about 725.1 K, whereas Net Debt is projected to grow to (16.1 K).
At this time, MediaZest Plc's M Score is inapplicable. The earnings manipulation may begin if MediaZest 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 MediaZest 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 MediaZest 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.
-3.34
Beneish M Score - Inapplicable
Elasticity of Receivables

0.65

Focus
Asset Quality

1.13

Focus
Expense Coverage

0.92

Focus
Gross Margin Strengs

N/A

Focus
Accruals Factor

0.92

Focus
Depreciation Resistance

0.44

Focus
Net Sales Growth

0.92

Focus
Financial Leverage Condition

1.32

Focus

MediaZest 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 MediaZest 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 Receivables327.3 K548 K
Way Down
Pretty Stable
Total Revenue2.1 M2.3 M
Significantly Down
Slightly volatile
Total Assets3.9 M3.7 M
Notably Up
Pretty Stable
Total Current Assets661.4 K826 K
Significantly Down
Pretty Stable
Non Current Assets TotalM2.9 M
Notably Up
Slightly volatile
Property Plant Equipment121.8 K242.7 K
Way Down
Slightly volatile
Depreciation And Amortization60.7 K42 K
Way Up
Slightly volatile
Selling General Administrative1.2 M1.4 M
Fairly Down
Slightly volatile
Total Current Liabilities1.6 M1.2 M
Significantly Up
Very volatile
Non Current Liabilities Total105.1 K118 K
Fairly Down
Slightly volatile
Short Term Debt80.8 K85 K
Notably Down
Slightly volatile

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

About MediaZest 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.

Depreciation And Amortization

60,744.46

At present, MediaZest Plc's Depreciation And Amortization is projected to decrease significantly based on the last few years of reporting.

About MediaZest Plc Fundamental Analysis

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

MediaZest Plc financial ratios help investors to determine whether MediaZest Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in MediaZest with respect to the benefits of owning MediaZest Plc security.