Chart Industries Stock Beneish M Score

GTLS Stock  USD 195.60  5.00  2.62%   
This module uses fundamental data of Chart Industries to approximate the value of its Beneish M Score. Chart Industries 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 Chart Industries Piotroski F Score and Chart Industries Altman Z Score analysis.
For more information on how to buy Chart Stock please use our How to Invest in Chart Industries guide.
  
At this time, Chart Industries' Short and Long Term Debt Total is comparatively stable compared to the past year. Net Debt is likely to gain to about 3.9 B in 2024, whereas Net Debt To EBITDA is likely to drop 4.35 in 2024. At this time, Chart Industries' Sales General And Administrative To Revenue is comparatively stable compared to the past year. POCF Ratio is likely to gain to 35.93 in 2024, whereas Dividend Yield is likely to drop 0 in 2024.
At this time, Chart Industries' M Score is unavailable. The earnings manipulation may begin if Chart Industries' 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 Chart Industries 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 Chart Industries' 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.
-2.49
Beneish M Score - Unavailable
Elasticity of Receivables

1.0

Focus
Asset Quality

0.96

Focus
Expense Coverage

1.0

Focus
Gross Margin Strengs

0.71

Focus
Accruals Factor

1.0

Focus
Depreciation Resistance

1.0

Focus
Net Sales Growth

1.05

Focus
Financial Leverage Condition

1.0

Focus

Chart Industries 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 Chart Industries' 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 Receivables1.3 B1.3 B
Sufficiently Up
Slightly volatile
Total Revenue3.5 B3.4 B
Sufficiently Up
Slightly volatile
Total Assets9.6 B9.1 B
Sufficiently Up
Slightly volatile
Total Current Assets2.3 B2.2 B
Sufficiently Up
Slightly volatile
Non Current Assets Total7.2 B6.9 B
Sufficiently Up
Slightly volatile
Property Plant Equipment519.2 M494.5 M
Sufficiently Up
Slightly volatile
Selling General Administrative503.6 M479.6 M
Sufficiently Up
Slightly volatile
Total Current LiabilitiesB1.9 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total4.5 B4.3 B
Sufficiently Up
Slightly volatile
Short Term Debt290.9 M277 M
Sufficiently Up
Slightly volatile
Long Term Debt3.8 B3.6 B
Sufficiently Up
Slightly volatile
Long Term Investments107.3 M201.1 M
Way Down
Slightly volatile
Gross Profit Margin0.220.3103
Way Down
Slightly volatile

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

About Chart Industries 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

242.66 Million

At this time, Chart Industries' Depreciation And Amortization is comparatively stable compared to the past year.

Chart Industries 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 Chart Industries. 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 Receivables202.6M200.8M236.3M646.5M1.3B1.3B
Total Revenue1.3B1.2B1.3B1.6B3.4B3.5B
Total Assets2.5B2.6B3.0B5.9B9.1B9.6B
Total Current Assets673.6M703M853.5M3.7B2.2B2.3B
Net Debt642M96.5M478.6M1.6B3.7B3.9B
Short Term Debt22.6M226M261.7M262.3M277M290.9M
Long Term Debt761M221.6M600.8M2.0B3.6B3.8B
Operating Income80.9M108.2M88.5M151.5M390.7M410.2M
Investments(3.3M)(50.8M)(103.9M)(500K)(4.0B)(3.8B)

Chart Industries 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, Chart Industries' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Chart Industries' managers, analysts, and investors.
Environmental
Governance
Social

About Chart Industries Fundamental Analysis

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

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