This module uses fundamental data of American Security to approximate the value of its Beneish M Score. American Security 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 American Security Piotroski F Score and American Security Altman Z Score analysis.
American
Beneish M Score
Days Sales Outstanding
Average Payables
Capex To Depreciation
Ev To Sales
Roic
Inventory Turnover
Days Of Inventory On Hand
Payables Turnover
Average Inventory
Research And Ddevelopement To Revenue
Capex To Revenue
Interest Coverage
Capex To Operating Cash Flow
Days Payables Outstanding
Income Quality
Roe
Ev To Operating Cash Flow
Return On Tangible Assets
Ev To Free Cash Flow
Net Debt To E B I T D A
Current Ratio
Receivables Turnover
Debt To Equity
Debt To Assets
Enterprise Value Over E B I T D A
Short Term Coverage Ratios
Days Of Payables Outstanding
Pretax Profit Margin
Ebt Per Ebit
Operating Profit Margin
Effective Tax Rate
Company Equity Multiplier
Long Term Debt To Capitalization
Total Debt To Capitalization
Return On Capital Employed
Debt Equity Ratio
Ebit Per Revenue
Quick Ratio
Dividend Paid And Capex Coverage Ratio
Net Income Per E B T
Cash Ratio
Operating Cash Flow Sales Ratio
Days Of Inventory Outstanding
Days Of Sales Outstanding
Free Cash Flow Operating Cash Flow Ratio
Fixed Asset Turnover
Capital Expenditure Coverage Ratio
Enterprise Value Multiple
Debt Ratio
Return On Assets
Asset Turnover
Net Profit Margin
Gross Profit Margin
Return On Equity
Operating Cycle
Cash Conversion Cycle
Change To Inventory
Total Cash From Operating Activities
Change To Account Receivables
Total Cash From Financing Activities
Change To Liabilities
Total Cashflows From Investing Activities
Other Cashflows From Investing Activities
Other Cashflows From Financing Activities
Sale Purchase Of Stock
Change In Cash
Net Borrowings
Depreciation
Change To Operating Activities
Net Income
Total Assets
Other Current Liab
Total Current Liabilities
Total Stockholder Equity
Retained Earnings
Accounts Payable
Cash
Other Assets
Long Term Debt
Inventory
Total Liab
Common Stock
Property Plant Equipment
Short Term Investments
Net Tangible Assets
Short Long Term Debt
Total Current Assets
Short Term Debt
Selling General Administrative
Research Development
Discontinued Operations
Operating Income
Net Income From Continuing Ops
Ebit
Total Operating Expenses
Income Before Tax
Total Other Income Expense Net
Net Income Applicable To Common Shares
Probability Of Bankruptcy
At present, American Security's Short Term Debt is projected to increase significantly based on the last few years of reporting. The current year's Debt To Assets is expected to grow to 14.46, whereas Long Term Debt is forecasted to decline to about 15.7 K. At present, American Security's Research And Ddevelopement To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Capex To Revenue is expected to grow to 0.36, whereas Days Sales Outstanding is forecasted to decline to 63.04.
At this time, it appears that American Security is an unlikely manipulator. The earnings manipulation may begin if American Security'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 American Security 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 American Security'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.
American Security 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 American Security'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.
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 American Security's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards American Security in a much-optimized way. Analyzing correlations between earnings drivers directly associated with dollar figures is the most effective way to find American Security's degree of accounting gimmicks and manipulations.
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
1,586.03
At present, American Security's Depreciation is projected to decrease significantly based on the last few years of reporting.
About American Security Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze American Security Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of American Security using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of American Security Resources 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.
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.
When determining whether American Security offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of American Security's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of American Security Resources Stock. Outlined below are crucial reports that will aid in making a well-informed decision on American Security Resources Stock:
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Application Software 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 American Security. If investors know American 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 American Security listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of American Security is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Security's value that differs from its market value or its book value, called intrinsic value, which is American Security'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 American Security's market value can be influenced by many factors that don't directly affect American Security'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 American Security's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Security is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Security'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.