New World Gold Stock Beneish M Score

NWGC Stock  USD 0.0001  0.00  0.00%   
This module uses fundamental data of New World to approximate the value of its Beneish M Score. New World 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 New World Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
  
At this time, New World's M Score is inapplicable. The earnings manipulation may begin if New World'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 New World 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 New World'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.
-4.84
Beneish M Score - Inapplicable
Elasticity of Receivables

N/A

Focus
Asset Quality

N/A

Focus
Expense Coverage

N/A

Focus
Gross Margin Strengs

N/A

Focus
Accruals Factor

N/A

Focus
Depreciation Resistance

N/A

Focus
Net Sales Growth

N/A

Focus
Financial Leverage Condition

N/A

Focus

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About New World Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze New World Gold's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of New World using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of New World Gold 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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New World financial ratios help investors to determine whether New Pink Sheet 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 New with respect to the benefits of owning New World security.