Airship Ai Holdings Stock Beneish M Score

AISPW Stock   1.08  0.08  8.00%   
This module uses fundamental data of Airship AI to approximate the value of its Beneish M Score. Airship AI 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 Airship AI Piotroski F Score and Airship AI Altman Z Score analysis.
  
Interest Debt Per Share is likely to climb to 0.23 in 2024, whereas Short and Long Term Debt Total is likely to drop slightly above 2.3 M in 2024.
At this time, it appears that Airship AI Holdings is an unlikely manipulator. The earnings manipulation may begin if Airship AI'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 Airship AI 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 Airship AI'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.
-5.87
Beneish M Score - Unlikely Manipulator
Elasticity of Receivables

1.07

Focus
Asset Quality

N/A

Focus
Expense Coverage

1.11

Focus
Gross Margin Strengs

1.24

Focus
Accruals Factor

1.11

Focus
Depreciation Resistance

N/A

Focus
Net Sales Growth

0.86

Focus
Financial Leverage Condition

0.89

Focus

Airship AI 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 Airship AI'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 Receivables1.5 M1.7 M
Significantly Down
Slightly volatile
Total Revenue10.6 M12.3 M
Fairly Down
Pretty Stable
Total Assets5.5 MM
Significantly Down
Slightly volatile
Total Current Assets3.6 M5.7 M
Way Down
Slightly volatile
Non Current Assets Total1.4 M1.3 M
Notably Up
Slightly volatile
Depreciation And Amortization438.8 K611.4 K
Way Down
Slightly volatile
Selling General Administrative6.6 M6.9 M
Sufficiently Down
Slightly volatile
Total Current Liabilities8.4 M11.9 M
Way Down
Slightly volatile
Non Current Liabilities Total9.4 M11.7 M
Significantly Down
Slightly volatile
Short Term Debt2.2 MM
Way Down
Slightly volatile
Long Term Debt112.5 K118.4 K
Notably Down
Slightly volatile
Gross Profit Margin0.580.4674
Fairly Up
Very volatile

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

About Airship AI 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

438,807

At this time, Airship AI's Depreciation And Amortization is fairly stable compared to the past year.

About Airship AI Fundamental Analysis

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

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