Carbon Revolution Public Stock Beneish M Score

CREVW Stock   0.03  0.0001  0.36%   
This module uses fundamental data of Carbon Revolution to approximate the value of its Beneish M Score. Carbon Revolution 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 Carbon Revolution Piotroski F Score and Carbon Revolution Altman Z Score analysis.
  
At this time, Carbon Revolution's Debt Equity Ratio is fairly stable compared to the past year. Debt Ratio is likely to climb to 0.51 in 2024, despite the fact that Net Debt To EBITDA is likely to grow to (1.06). At this time, Carbon Revolution's Total Debt To Capitalization is fairly stable compared to the past year. Debt Equity Ratio is likely to climb to 5.09 in 2024, whereas ROIC is likely to drop (0.59) in 2024.
At this time, it appears that Carbon Revolution Public is an unlikely manipulator. The earnings manipulation may begin if Carbon Revolution'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 Carbon Revolution 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 Carbon Revolution'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.
-3.06
Beneish M Score - Unlikely Manipulator
Elasticity of Receivables

0.95

Focus
Asset Quality

N/A

Focus
Expense Coverage

0.93

Focus
Gross Margin Strengs

1.04

Focus
Accruals Factor

0.93

Focus
Depreciation Resistance

N/A

Focus
Net Sales Growth

0.95

Focus
Financial Leverage Condition

1.01

Focus

Carbon Revolution 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 Carbon Revolution'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 Receivables15.2 M16.9 M
Moderately Down
Slightly volatile
Total Revenue41.6 M44 M
Notably Down
Slightly volatile
Total Assets169.5 M182.1 M
Significantly Down
Slightly volatile
Total Current Assets65.1 M64.3 M
Fairly Up
Very volatile
Non Current Assets Total80.1 M99.9 M
Significantly Down
Slightly volatile
Selling General Administrative11.6 M13.1 M
Fairly Down
Slightly volatile
Total Current Liabilities40.6 M52.4 M
Significantly Down
Pretty Stable
Non Current Liabilities Total117.2 M111.6 M
Sufficiently Up
Slightly volatile
Short Term Debt13.2 M13 M
Fairly Up
Slightly volatile
Long Term Debt85.5 M81.5 M
Sufficiently Up
Slightly volatile

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

About Carbon Revolution 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

169.53 Million

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

About Carbon Revolution Fundamental Analysis

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

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