Goldenstone Acquisition Limited Stock Piotroski F Score

GDSTW Stock  USD 0.03  0  10.00%   
This module uses fundamental data of Goldenstone Acquisition to approximate its Piotroski F score. Goldenstone Acquisition F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Goldenstone Acquisition Limited. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Goldenstone Acquisition financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
  
At this time, Goldenstone Acquisition's Short and Long Term Debt Total is fairly stable compared to the past year. Net Debt is likely to climb to about 1.8 M in 2024, whereas Debt To Equity is likely to drop 0.03 in 2024. At this time, Goldenstone Acquisition's Return On Equity is fairly stable compared to the past year.
At this time, it appears that Goldenstone Acquisition's Piotroski F Score is Frail. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
3.0
Piotroski F Score - Frail
Current Return On Assets

Positive

Focus
Change in Return on Assets

Increased

Focus
Cash Flow Return on Assets

Negative

Focus
Current Quality of Earnings (accrual)

Decreasing

Focus
Asset Turnover Growth

No Change

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

N/A

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

No Change

Focus

Goldenstone Acquisition Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Goldenstone Acquisition is to make sure Goldenstone is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Goldenstone Acquisition'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. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Goldenstone Acquisition's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Total Current Liabilities3.1 MM
Sufficiently Up
Slightly volatile
Non Current Liabilities Total1.7 M2.1 M
Significantly Down
Slightly volatile
Total Assets48.3 M55.8 M
Fairly Down
Slightly volatile
Total Current Assets87 K91.6 K
Notably Down
Slightly volatile

Goldenstone Acquisition F 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 project the various growth rates. Understanding the correlation between Goldenstone Acquisition's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Goldenstone Acquisition in a much-optimized way.

About Goldenstone Acquisition Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Book Value Per Share

4.43

At this time, Goldenstone Acquisition's Book Value Per Share is fairly stable compared to the past year.

About Goldenstone Acquisition Fundamental Analysis

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

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