Onespaworld Holdings Stock Beneish M Score

OSW Stock  USD 19.32  0.49  2.60%   
This module uses fundamental data of OneSpaWorld Holdings to approximate the value of its Beneish M Score. OneSpaWorld Holdings 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 OneSpaWorld Holdings Piotroski F Score and OneSpaWorld Holdings Altman Z Score analysis.
For more information on how to buy OneSpaWorld Stock please use our How to Invest in OneSpaWorld Holdings guide.
  
At this time, OneSpaWorld Holdings' Cash Flow To Debt Ratio is fairly stable compared to the past year. At this time, OneSpaWorld Holdings' POCF Ratio is fairly stable compared to the past year. Capex To Operating Cash Flow is likely to climb to 0.09 in 2025, whereas Dividend Yield is likely to drop 0 in 2025.
At this time, it appears that OneSpaWorld Holdings is an unlikely manipulator. The earnings manipulation may begin if OneSpaWorld Holdings' 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 OneSpaWorld Holdings 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 OneSpaWorld Holdings' 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.
-2.79
Beneish M Score - Unlikely Manipulator
Elasticity of Receivables

1.03

Focus
Asset Quality

1.06

Focus
Expense Coverage

1.29

Focus
Gross Margin Strengs

0.51

Focus
Accruals Factor

1.29

Focus
Depreciation Resistance

1.11

Focus
Net Sales Growth

0.63

Focus
Financial Leverage Condition

0.19

Focus

OneSpaWorld Holdings 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 OneSpaWorld Holdings' 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 Receivables29.7 M46.3 M
Way Down
Slightly volatile
Total Revenue560.5 M895 M
Way Down
Pretty Stable
Total Assets647.7 M746.4 M
Fairly Down
Slightly volatile
Total Current Assets107.4 M161.5 M
Way Down
Slightly volatile
Non Current Assets Total540.3 M584.9 M
Significantly Down
Slightly volatile
Property Plant Equipment13.6 M13.1 M
Sufficiently Up
Slightly volatile
Depreciation And Amortization20 M25.3 M
Significantly Down
Slightly volatile
Selling General Administrative44.1 M54.5 M
Significantly Down
Slightly volatile
Total Current Liabilities58.3 M79.4 M
Way Down
Slightly volatile
Non Current Liabilities Total215.1 M112.5 M
Way Up
Slightly volatile
Short Term Debt2.8 M2.6 M
Notably Up
Slightly volatile
Long Term Debt170.8 M93.6 M
Way Up
Slightly volatile
Short Term Investments2.1 M2.7 M
Significantly Down
Slightly volatile

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

About OneSpaWorld Holdings 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.

Other Operating Expenses

546.22 Million

At this time, OneSpaWorld Holdings' Other Operating Expenses is fairly stable compared to the past year.

OneSpaWorld Holdings 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 OneSpaWorld Holdings. 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 Receivables3.0M19.5M33.6M40.8M46.3M29.7M
Total Revenue120.9M144.0M546.3M794.0M895.0M560.5M
Total Assets702.3M688.9M717.4M706.1M746.4M647.7M
Total Current Assets82.2M88.9M117.9M126.7M161.5M107.4M
Net Debt187.9M199.5M195.1M142.9M(57.4M)(54.6M)
Long Term Debt229.4M228.7M210.7M158.2M93.6M170.8M
Operating Income(265.0M)(52.1M)15.1M54.2M78.1M82.0M

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

About OneSpaWorld Holdings Fundamental Analysis

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

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