Paranovus Entertainment Technology Stock Beneish M Score

PAVS Stock   0.96  0.06  6.67%   
This module uses fundamental data of Paranovus Entertainment to approximate the value of its Beneish M Score. Paranovus Entertainment 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 Paranovus Entertainment Piotroski F Score and Paranovus Entertainment Altman Z Score analysis.
  
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At this time, Paranovus Entertainment's Net Debt is comparatively stable compared to the past year. Debt To Equity is likely to gain to 0.39 in 2025, whereas Short Term Debt is likely to drop slightly above 2.1 M in 2025. At this time, Paranovus Entertainment's Receivables Turnover is comparatively stable compared to the past year. Debt To Equity is likely to gain to 0.39 in 2025, whereas Days Sales Outstanding is likely to drop 17.41 in 2025.
At this time, Paranovus Entertainment's M Score is unavailable. The earnings manipulation may begin if Paranovus Entertainment'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 Paranovus Entertainment 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 Paranovus Entertainment'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.
1.42
Beneish M Score - Unavailable
Elasticity of Receivables

1.0

Focus
Asset Quality

1.0

Focus
Expense Coverage

1.57

Focus
Gross Margin Strengs

0.95

Focus
Accruals Factor

1.57

Focus
Depreciation Resistance

0.54

Focus
Net Sales Growth

0.95

Focus
Financial Leverage Condition

1.04

Focus

Paranovus Entertainment 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 Paranovus Entertainment'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 Receivables244.3 K257.2 K
Notably Down
Slightly volatile
Total Revenue5.6 M5.9 M
Notably Down
Pretty Stable
Total Assets6.6 MM
Notably Down
Pretty Stable
Total Current Assets2.4 M2.6 M
Notably Down
Pretty Stable
Non Current Assets Total5.3 M5.6 M
Notably Down
Pretty Stable
Property Plant Equipment10.9 M12.9 M
Fairly Down
Slightly volatile
Depreciation And Amortization702.7 K438.3 K
Way Up
Slightly volatile
Selling General Administrative4.8 M3.2 M
Way Up
Slightly volatile
Total Current Liabilities2.8 M2.9 M
Notably Down
Slightly volatile
Short Term Debt2.1 M2.6 M
Significantly Down
Slightly volatile
Short Term Investments834.5 K794.7 K
Sufficiently Up
Slightly volatile
Gross Profit Margin0.00150.0016
Notably Down
Slightly volatile

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

About Paranovus Entertainment 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

702,673

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

Paranovus Entertainment 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 Paranovus Entertainment. 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 Receivables34.6M29.2M4.0M285.8K257.2K244.3K
Total Revenue71.5M89.5M98.2M6.5M5.9M5.6M
Total Assets112.7M97.4M36.3M7.7M7.0M6.6M
Total Current Assets95.1M56.6M9.8M2.9M2.6M2.4M
Non Current Assets Total17.6M40.9M26.6M4.9M5.6M5.3M
Depreciation And Amortization880.9K2.2M58.8K381.1K438.3K702.7K
Selling General Administrative5.0M9.1M9.5M2.8M3.2M4.8M
Total Current Liabilities15.1M17.9M21.0M2.6M2.9M2.8M
Net Debt(34.3M)(17.5M)(1.1M)1.3M1.5M1.6M
Short Term Debt2.2M2.3M2.2M2.3M2.6M2.1M
Operating Income1.5M(57.9M)(68.4M)(4.6M)(4.2M)(4.4M)
Total Cash From Operating Activities2.9M(28.1M)(21.1M)(11.9M)(10.7M)(10.2M)
Investments(13.2M)(8.5M)89.3K11.7M13.5M14.1M
Gross Profit Margin0.250.04150.05150.0013970.0016060.001526

About Paranovus Entertainment Fundamental Analysis

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

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