Sakar Healthcare Limited Stock Beneish M Score

SAKAR Stock   240.21  5.01  2.13%   
This module uses fundamental data of Sakar Healthcare to approximate the value of its Beneish M Score. Sakar Healthcare 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Sakar Healthcare Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
  
At this time, Sakar Healthcare's Net Debt is very stable compared to the past year. As of the 24th of March 2025, Short Term Debt is likely to grow to about 294.6 M, while Short and Long Term Debt Total is likely to drop about 456.4 M.
At this time, Sakar Healthcare's M Score is inapplicable. The earnings manipulation may begin if Sakar Healthcare'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 Sakar Healthcare 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 Sakar Healthcare'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.
-3.02
Beneish M Score - Inapplicable
Elasticity of Receivables

0.48

Focus
Asset Quality

0.95

Focus
Expense Coverage

1.0

Focus
Gross Margin Strengs

N/A

Focus
Accruals Factor

1.0

Focus
Depreciation Resistance

1.0

Focus
Net Sales Growth

1.05

Focus
Financial Leverage Condition

1.0

Focus

Sakar Healthcare 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 Sakar Healthcare'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 Receivables121.3 M240.6 M
Way Down
Slightly volatile
Total Revenue1.9 B1.8 B
Sufficiently Up
Slightly volatile
Total Assets4.8 B4.5 B
Sufficiently Up
Slightly volatile
Total Current Assets864.7 M823.5 M
Sufficiently Up
Slightly volatile
Non Current Assets Total3.8 B3.6 B
Sufficiently Up
Slightly volatile
Property Plant Equipment3.3 B3.1 B
Sufficiently Up
Slightly volatile
Depreciation And Amortization216.8 M206.5 M
Sufficiently Up
Slightly volatile
Selling General Administrative238.9 M227.5 M
Sufficiently Up
Slightly volatile
Total Current Liabilities713.2 M679.2 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total447.5 M848.8 M
Way Down
Slightly volatile
Net Debt955.1 M909.6 M
Sufficiently Up
Slightly volatile
Short Term Debt294.6 M280.6 M
Sufficiently Up
Slightly volatile
Long Term Debt1.2 B1.1 B
Sufficiently Up
Slightly volatile
Operating Income598.3 M569.8 M
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities150.3 M281.4 M
Way Down
Slightly volatile
Short Term Investments1.8 M1.9 M
Notably Down
Pretty Stable
Long Term Investments1.4 M1.7 M
Significantly Down
Slightly volatile

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

About Sakar Healthcare 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

216.79 Million

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

Sakar Healthcare 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 Sakar Healthcare. 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 Receivables123.7M141.8M220.8M209.2M240.6M121.3M
Total Revenue947.4M1.3B1.3B1.5B1.8B1.9B
Total Assets1.8B2.7B3.4B4.0B4.5B4.8B
Total Current Assets337.2M500.2M559.2M716.1M823.5M864.7M
Net Debt425.1M928.3M1.1B790.9M909.6M955.1M
Short Term Debt41.5M78.5M187.4M244.0M280.6M294.6M
Long Term Debt124.7M384.5M850.1M982.3M1.1B1.2B
Operating Income151.3M206.4M191.2M495.5M569.8M598.3M
Investments(136.8M)(468.3M)(70.9M)(743.8M)(669.4M)(635.9M)

About Sakar Healthcare Fundamental Analysis

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

Sakar Healthcare financial ratios help investors to determine whether Sakar 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 Sakar with respect to the benefits of owning Sakar Healthcare security.