180 Life Sciences Stock Beneish M Score

ATNF Stock  USD 2.15  0.68  24.03%   
This module uses fundamental data of 180 Life to approximate the value of its Beneish M Score. 180 Life 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 180 Life Piotroski F Score and 180 Life Altman Z Score analysis.
  
At this time, 180 Life's Short and Long Term Debt is most likely to decrease significantly in the upcoming years. The 180 Life's current Debt To Assets is estimated to increase to 0.21, while Long Term Debt is projected to decrease to roughly 18.9 K. At this time, 180 Life's Income Quality is most likely to slightly grow in the upcoming years. The 180 Life's current ROE is estimated to increase to 163.87, while Book Value Per Share is forecasted to increase to (0.32).
At this time, it appears that 180 Life Sciences is an unlikely manipulator. The earnings manipulation may begin if 180 Life'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 180 Life 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 180 Life'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.
-8.69
Beneish M Score - Unlikely Manipulator
Elasticity of Receivables

N/A

Focus
Asset Quality

0.62

Focus
Expense Coverage

N/A

Focus
Gross Margin Strengs

N/A

Focus
Accruals Factor

N/A

Focus
Depreciation Resistance

0.89

Focus
Net Sales Growth

N/A

Focus
Financial Leverage Condition

1.94

Focus

180 Life 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 180 Life'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 Receivables535.8 K279 K
Way Up
Slightly volatile
Total AssetsM5.3 M
Notably Down
Slightly volatile
Total Current AssetsM3.6 M
Significantly Up
Slightly volatile
Non Current Assets Total1.5 M1.6 M
Notably Down
Slightly volatile
Property Plant Equipment42 K62.5 K
Way Down
Slightly volatile
Depreciation And Amortization102.8 K105.7 K
Fairly Down
Slightly volatile
Selling General Administrative6.4 M10.7 M
Way Down
Slightly volatile
Total Current Liabilities8.6 M5.1 M
Way Up
Slightly volatile
Non Current Liabilities Total308.4 K324.6 K
Notably Down
Slightly volatile
Short Term Debt1.5 MM
Way Up
Slightly volatile
Long Term Debt18.9 K19.9 K
Notably Down
Slightly volatile
Short Term Investments10.2 M10.7 M
Notably Down
Slightly volatile

180 Life Sciences 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 180 Life's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards 180 Life in a much-optimized way. Analyzing correlations between earnings drivers directly associated with dollar figures is the most effective way to find 180 Life's degree of accounting gimmicks and manipulations.

About 180 Life 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

102,789

At this time, 180 Life's Depreciation And Amortization is most likely to increase significantly in the upcoming years.

180 Life 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 180 Life. 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.
201920202021202220232024 (projected)
Net Receivables328.3K784.6K694.6K621.0K279.0K535.8K
Total Assets51.9M55.5M62.7M19.7M5.3M5.0M
Total Current Assets748.3K4.0M11.2M8.9M3.6M4.0M
Non Current Assets Total51.1M51.5M51.5M10.7M1.6M1.5M
Selling General Administrative7.7M5.9M3.4M15.5M10.7M6.4M
Total Current Liabilities9.6M21.4M19.7M5.7M5.1M8.6M
Non Current Liabilities Total3.7M3.8M3.7M2.6M324.6K308.4K
Net Debt3.4M1.7M(6.3M)(5.6M)(921.7K)(967.8K)
Operating Income(8.7M)(20.9M)(5.6M)(17.9M)(13.5M)(14.2M)
Total Cash From Operating Activities(3.9K)(3.3M)(3.9M)(12.1M)(10.9M)(10.4M)

180 Life 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, 180 Life's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to 180 Life's managers, analysts, and investors.
Environmental
Governance
Social

About 180 Life Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze 180 Life Sciences's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of 180 Life using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of 180 Life Sciences 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.

Currently Active Assets on Macroaxis

When determining whether 180 Life Sciences is a strong investment it is important to analyze 180 Life's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact 180 Life's future performance. For an informed investment choice regarding 180 Stock, refer to the following important reports:
Check out 180 Life Piotroski F Score and 180 Life Altman Z Score analysis.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of 180 Life. If investors know 180 will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about 180 Life listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
7.98
Return On Assets
(0.64)
Return On Equity
(3.99)
The market value of 180 Life Sciences is measured differently than its book value, which is the value of 180 that is recorded on the company's balance sheet. Investors also form their own opinion of 180 Life's value that differs from its market value or its book value, called intrinsic value, which is 180 Life's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because 180 Life's market value can be influenced by many factors that don't directly affect 180 Life's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between 180 Life's value and its price as these two are different measures arrived at by different means. Investors typically determine if 180 Life is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 180 Life's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.