Silver Touch Technologies Stock Beneish M Score

SILVERTUC   650.45  5.60  0.85%   
This module uses fundamental data of Silver Touch to approximate the value of its Beneish M Score. Silver Touch 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 Silver Touch Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
  
At this time, Silver Touch's Net Debt is comparatively stable compared to the past year. Short Term Debt is likely to gain to about 60.6 M in 2025, whereas Short and Long Term Debt Total is likely to drop slightly above 82.7 M in 2025.
At this time, Silver Touch's M Score is inapplicable. The earnings manipulation may begin if Silver Touch'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 Silver Touch 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 Silver Touch'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.
-2.02
Beneish M Score - Inapplicable
Elasticity of Receivables

1.62

Focus
Asset Quality

0.76

Focus
Expense Coverage

1.1

Focus
Gross Margin Strengs

N/A

Focus
Accruals Factor

1.1

Focus
Depreciation Resistance

0.91

Focus
Net Sales Growth

0.65

Focus
Financial Leverage Condition

1.54

Focus

Silver Touch 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 Silver Touch'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 Receivables1.2 B1.2 B
Sufficiently Up
Slightly volatile
Total Revenue1.7 B2.6 B
Way Down
Slightly volatile
Total Assets1.2 BB
Way Down
Slightly volatile
Total Current Assets911.5 M1.3 B
Way Down
Slightly volatile
Non Current Assets Total328.1 M651.5 M
Way Down
Slightly volatile
Property Plant Equipment253.8 M364.3 M
Way Down
Slightly volatile
Depreciation And Amortization44.3 M57.1 M
Significantly Down
Slightly volatile
Selling General Administrative8.5 M12 M
Way Down
Slightly volatile
Total Current Liabilities448.7 M469.5 M
Sufficiently Down
Slightly volatile
Non Current Liabilities Total222.1 M211.5 M
Sufficiently Up
Slightly volatile
Short Term Debt60.6 M34.5 M
Way Up
Pretty Stable
Long Term Debt86.4 M82.2 M
Sufficiently Up
Slightly volatile
Operating Income301.8 M287.5 M
Sufficiently Up
Slightly volatile
Short Term Investments68.4 M44.8 M
Way Up
Slightly volatile

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

About Silver Touch 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

44.32 Million

At this time, Silver Touch's Depreciation And Amortization is comparatively stable compared to the past year.

Silver Touch 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 Silver Touch. 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 Receivables472.7M1K794.7M1.0B1.2B1.2B
Total Revenue1.5B1.4B1.6B2.2B2.6B1.7B
Total Assets1.2B1.3B1.5B1.7B2.0B1.2B
Total Current Assets931.3M929.0M1.0B1.2B1.3B911.5M
Net Debt(127.5M)(121.2M)2.2M67.5M60.8M63.8M
Short Term Debt980K984K77.4M38.3M34.5M60.6M
Long Term Debt4.3M1.6M42.8M71.5M82.2M86.4M
Operating Income16.9M83.3M122.4M250.0M287.5M301.8M
Investments(24.1M)(71.8M)(189.8M)(121.2M)(109.1M)(114.6M)

About Silver Touch Fundamental Analysis

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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Silver Stock Analysis

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