Coupang Llc Stock Beneish M Score

CPNG Stock  USD 25.21  0.26  1.02%   
This module uses fundamental data of Coupang LLC to approximate the value of its Beneish M Score. Coupang LLC 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 Coupang LLC Piotroski F Score and Coupang LLC Altman Z Score analysis.
For more detail on how to invest in Coupang Stock please use our How to Invest in Coupang LLC guide.
  
At this time, Coupang LLC's Long Term Debt To Capitalization is most likely to increase significantly in the upcoming years. The Coupang LLC's current Debt Equity Ratio is estimated to increase to 0.26, while Net Debt is forecasted to increase to (2.3 B). At this time, Coupang LLC's Free Cash Flow Yield is most likely to increase slightly in the upcoming years. The Coupang LLC's current Operating Cash Flow Per Share is estimated to increase to 1.56, while Days Sales Outstanding is projected to decrease to 2.62.
At this time, it appears that Coupang LLC is an unlikely manipulator. The earnings manipulation may begin if Coupang LLC'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 Coupang LLC 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 Coupang LLC'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.
-3.37
Beneish M Score - Unlikely Manipulator
Elasticity of Receivables

1.63

Focus
Asset Quality

1.65

Focus
Expense Coverage

1.02

Focus
Gross Margin Strengs

0.55

Focus
Accruals Factor

1.02

Focus
Depreciation Resistance

0.6

Focus
Net Sales Growth

0.64

Focus
Financial Leverage Condition

0.7

Focus

Coupang LLC 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 Coupang LLC'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 Receivables329.7 M314 M
Sufficiently Up
Slightly volatile
Total Revenue15.7 B24.4 B
Way Down
Slightly volatile
Total Assets8.8 B13.3 B
Way Down
Slightly volatile
Total Current Assets4.7 B7.9 B
Way Down
Slightly volatile
Non Current Assets Total3.4 B5.5 B
Way Down
Slightly volatile
Property Plant Equipment2.1 B3.7 B
Way Down
Slightly volatile
Depreciation And Amortization643.6 M613 M
Sufficiently Up
Slightly volatile
Selling General Administrative3.7 B5.7 B
Way Down
Slightly volatile
Total Current Liabilities4.4 B6.9 B
Way Down
Slightly volatile
Non Current Liabilities Total2.6 B2.3 B
Fairly Up
Slightly volatile
Short Term Debt624.6 M871 M
Way Down
Slightly volatile
Long Term Debt489.9 M529 M
Significantly Down
Slightly volatile
Short Term Investments14.9 M20.4 M
Way Down
Slightly volatile
Gross Profit Margin0.140.2539
Way Down
Slightly volatile

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

About Coupang LLC 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

643.65 Million

At this time, Coupang LLC's Depreciation And Amortization is most likely to increase significantly in the upcoming years.

Coupang LLC 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 Coupang LLC. 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.
201920202021202220232024 (projected)
Net Receivables63.9M71.3M175.4M184.5M314M329.7M
Total Revenue6.3B12.0B18.4B20.6B24.4B15.7B
Total Current Assets2.2B2.8B5.6B5.8B7.9B4.7B
Operating Income(641.9M)(527.7M)(1.5B)(65.9M)473M496.7M
Investments(218.2M)(520.7M)(675.5M)(848.3M)(927M)(880.7M)

Coupang LLC ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Coupang LLC's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Coupang LLC's managers, analysts, and investors.
Environmental
Governance
Social

About Coupang LLC Fundamental Analysis

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

Currently Active Assets on Macroaxis

When determining whether Coupang LLC is a strong investment it is important to analyze Coupang LLC's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Coupang LLC's future performance. For an informed investment choice regarding Coupang Stock, refer to the following important reports:
Check out Coupang LLC Piotroski F Score and Coupang LLC Altman Z Score analysis.
For more detail on how to invest in Coupang Stock please use our How to Invest in Coupang LLC guide.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Broadline Retail 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 Coupang LLC. If investors know Coupang 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 Coupang LLC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.22)
Earnings Share
0.57
Revenue Per Share
16.116
Quarterly Revenue Growth
0.272
Return On Assets
0.0152
The market value of Coupang LLC is measured differently than its book value, which is the value of Coupang that is recorded on the company's balance sheet. Investors also form their own opinion of Coupang LLC's value that differs from its market value or its book value, called intrinsic value, which is Coupang LLC'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 Coupang LLC's market value can be influenced by many factors that don't directly affect Coupang LLC'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 Coupang LLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Coupang LLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Coupang LLC'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.