Canacol Energy Stock Beneish M Score

CNNEF Stock  USD 2.71  0.04  1.45%   
This module uses fundamental data of Canacol Energy to approximate the value of its Beneish M Score. Canacol Energy 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Canacol Energy. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in income.
  
At this time, Canacol Energy's M Score is unavailable. The earnings manipulation may begin if Canacol Energy'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 Canacol Energy 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 Canacol Energy'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.
-4.84
Beneish M Score - Unavailable
Elasticity of Receivables

N/A

Focus
Asset Quality

N/A

Focus
Expense Coverage

N/A

Focus
Gross Margin Strengs

N/A

Focus
Accruals Factor

N/A

Focus
Depreciation Resistance

N/A

Focus
Net Sales Growth

N/A

Focus
Financial Leverage Condition

N/A

Focus

Did you try this?

Run Correlation Analysis Now

   

Correlation Analysis

Reduce portfolio risk simply by holding instruments which are not perfectly correlated
All  Next Launch Module

About Canacol Energy Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Canacol Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Canacol Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Canacol Energy based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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

Other Information on Investing in Canacol OTC Stock

Canacol Energy financial ratios help investors to determine whether Canacol OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Canacol with respect to the benefits of owning Canacol Energy security.