Envveno Medical Corp Stock Beneish M Score

NVNO Stock  USD 2.98  0.08  2.76%   
This module uses fundamental data of EnVVeno Medical to approximate the value of its Beneish M Score. EnVVeno Medical 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 EnVVeno Medical Piotroski F Score and EnVVeno Medical Altman Z Score analysis.
  
At this time, EnVVeno Medical's Short and Long Term Debt Total is very stable compared to the past year. As of the 21st of March 2025, Short Term Debt is likely to grow to about 635 K, while Net Debt is likely to drop (724.5 K). At this time, EnVVeno Medical's Payables Turnover is very stable compared to the past year. As of the 21st of March 2025, Research And Ddevelopement To Revenue is likely to grow to 66.73, while Days Sales Outstanding is likely to drop 68.15.
At this time, EnVVeno Medical's M Score is unavailable. The earnings manipulation may begin if EnVVeno Medical'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 EnVVeno Medical 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 EnVVeno Medical'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.
-5.55
Beneish M Score - Unavailable
Elasticity of Receivables

N/A

Focus
Asset Quality

1.6

Focus
Expense Coverage

N/A

Focus
Gross Margin Strengs

0.95

Focus
Accruals Factor

N/A

Focus
Depreciation Resistance

1.04

Focus
Net Sales Growth

N/A

Focus
Financial Leverage Condition

2.03

Focus

EnVVeno Medical 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 EnVVeno Medical'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 Receivables27.4 K28.8 K
Notably Down
Slightly volatile
Total Assets23.9 M45 M
Way Down
Slightly volatile
Total Current Assets22.1 M43.7 M
Way Down
Slightly volatile
Non Current Assets Total1.8 M1.2 M
Way Up
Slightly volatile
Property Plant Equipment968.9 K599.1 K
Way Up
Slightly volatile
Depreciation And Amortization387 K253 K
Way Up
Slightly volatile
Selling General Administrative9.8 M11.6 M
Fairly Down
Slightly volatile
Total Current Liabilities2.2 M2.1 M
Notably Up
Slightly volatile
Non Current Liabilities Total1.4 M700 K
Way Up
Slightly volatile
Short Term Debt635 K364 K
Way Up
Slightly volatile

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

About EnVVeno Medical 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

387,019

At this time, EnVVeno Medical's Depreciation And Amortization is very stable compared to the past year.

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

About EnVVeno Medical Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze enVVeno Medical Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of EnVVeno Medical using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of enVVeno Medical 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.
When determining whether enVVeno Medical Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of EnVVeno Medical's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Envveno Medical Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Envveno Medical Corp Stock:
Check out EnVVeno Medical Piotroski F Score and EnVVeno Medical Altman Z Score analysis.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of EnVVeno Medical. If investors know EnVVeno will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about EnVVeno Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.27)
Return On Assets
(0.32)
Return On Equity
(0.49)
The market value of enVVeno Medical Corp is measured differently than its book value, which is the value of EnVVeno that is recorded on the company's balance sheet. Investors also form their own opinion of EnVVeno Medical's value that differs from its market value or its book value, called intrinsic value, which is EnVVeno Medical's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because EnVVeno Medical's market value can be influenced by many factors that don't directly affect EnVVeno Medical's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between EnVVeno Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if EnVVeno Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EnVVeno Medical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.