88 Energy Limited Stock Beneish M Score

EEENF Stock  USD 0  0.0001  9.09%   
This module uses fundamental data of 88 Energy to approximate the value of its Beneish M Score. 88 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in 88 Energy Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
  
At this time, 88 Energy's M Score is inapplicable. The earnings manipulation may begin if 88 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 88 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 88 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 - Inapplicable
Elasticity of Receivables

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Asset Quality

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Expense Coverage

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Gross Margin Strengs

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Accruals Factor

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Depreciation Resistance

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Net Sales Growth

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Financial Leverage Condition

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About 88 Energy Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze 88 Energy Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of 88 Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of 88 Energy Limited 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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Other Information on Investing in EEENF Pink Sheet

88 Energy financial ratios help investors to determine whether EEENF Pink Sheet 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 EEENF with respect to the benefits of owning 88 Energy security.