Srivaru Holding Limited Stock Beneish M Score

SVMHW Stock   0.01  0  48.51%   
This module uses fundamental data of SRIVARU Holding to approximate the value of its Beneish M Score. SRIVARU Holding 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 SRIVARU Holding Piotroski F Score and SRIVARU Holding Altman Z Score analysis.
  
Net Debt To EBITDA is likely to climb to 0.01 in 2024, whereas Short and Long Term Debt Total is likely to drop slightly above 108.6 K in 2024.
At this time, it appears that SRIVARU Holding is an unlikely manipulator. The earnings manipulation may begin if SRIVARU Holding'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 SRIVARU Holding 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 SRIVARU Holding'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.
-30.19
Beneish M Score - Unlikely Manipulator
Elasticity of Receivables

0.49

Focus
Asset Quality

N/A

Focus
Expense Coverage

0.39

Focus
Gross Margin Strengs

1.05

Focus
Accruals Factor

0.39

Focus
Depreciation Resistance

N/A

Focus
Net Sales Growth

1.46

Focus
Financial Leverage Condition

1.34

Focus

SRIVARU Holding 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 SRIVARU Holding'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 Receivables274.4 K383.7 K
Way Down
Slightly volatile
Total Revenue62 K42.5 K
Way Up
Slightly volatile
Total Assets1.2 M1.6 M
Significantly Down
Pretty Stable
Total Current AssetsM1.2 M
Fairly Down
Pretty Stable
Non Current Assets Total199.6 K358.7 K
Way Down
Slightly volatile
Depreciation And Amortization34.6 K38.3 K
Moderately Down
Slightly volatile
Selling General Administrative6.2 M10.9 M
Way Down
Slightly volatile
Total Current Liabilities1.2 M1.2 M
Sufficiently Up
Slightly volatile
Short Term Debt108.6 K114.3 K
Notably Down
Slightly volatile
Short Term Investments11.5 K13.9 K
Significantly Down
Slightly volatile

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

About SRIVARU Holding 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.

Total Assets

1.24 Million

At this time, SRIVARU Holding's Total Assets are fairly stable compared to the past year.

About SRIVARU Holding Fundamental Analysis

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

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