Splash Beverage Group Stock Piotroski F Score

SBEV Stock  USD 0.19  0.01  5.00%   
This module uses fundamental data of Splash Beverage to approximate its Piotroski F score. Splash Beverage F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Splash Beverage Group. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Splash Beverage financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Splash Beverage Altman Z Score, Splash Beverage Correlation, Splash Beverage Valuation, as well as analyze Splash Beverage Alpha and Beta and Splash Beverage Hype Analysis.
  
At this time, Splash Beverage's Short and Long Term Debt Total is fairly stable compared to the past year. Net Debt is likely to climb to about 9.4 M in 2024, whereas Debt To Equity is likely to drop (1.65) in 2024. At this time, Splash Beverage's Average Payables is fairly stable compared to the past year. Inventory Turnover is likely to climb to 14.37 in 2024, whereas PTB Ratio is likely to drop (4.39) in 2024.
At this time, it appears that Splash Beverage's Piotroski F Score is Poor. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
4.0
Piotroski F Score - Poor
Current Return On Assets

Negative

Focus
Change in Return on Assets

Increased

Focus
Cash Flow Return on Assets

Negative

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Increase

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

Higher Leverage

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

Increase

Focus

Splash Beverage Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Splash Beverage is to make sure Splash is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Splash Beverage'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. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Splash Beverage's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover2.851.9043
Way Up
Slightly volatile
Total Current Liabilities15.5 M14.8 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total936.4 K753.8 K
Fairly Up
Slightly volatile
Total AssetsM9.9 M
Way Down
Slightly volatile
Total Current Assets2.9 MM
Way Down
Slightly volatile

Splash Beverage Group F 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 project the various growth rates. Understanding the correlation between Splash Beverage's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Splash Beverage in a much-optimized way.

About Splash Beverage Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Book Value Per Share

(0.13)

At this time, Splash Beverage's Book Value Per Share is fairly stable compared to the past year.

Splash Beverage Current Valuation Drivers

We derive many important indicators used in calculating different scores of Splash Beverage from analyzing Splash Beverage's financial statements. These drivers represent accounts that assess Splash Beverage's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Splash Beverage's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap34.9M21.7M33.8M35.9M23.4M13.4M
Enterprise Value35.2M25.7M34.2M35.9M32.4M34.0M

About Splash Beverage Fundamental Analysis

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

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