This module uses fundamental data of Innovation Beverage to approximate its Piotroski F score. Innovation Beverage F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Innovation Beverage Group. 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 Innovation Beverage financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Innovation Beverage Altman Z Score, Innovation Beverage Correlation, Innovation Beverage Valuation, as well as analyze Innovation Beverage Alpha and Beta and Innovation Beverage Hype Analysis.
Innovation
Piotroski F Score
Change To Inventory
Investments
Change In Cash
Free Cash Flow
Change In Working Capital
Begin Period Cash Flow
Depreciation
Capital Expenditures
Total Cash From Operating Activities
Change To Account Receivables
Issuance Of Capital Stock
Net Income
Total Cash From Financing Activities
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Total Assets
Total Current Liabilities
Total Stockholder Equity
Property Plant And Equipment Net
Retained Earnings
Cash
Non Current Assets Total
Net Receivables
Non Current Liabilities Total
Capital Lease Obligations
Inventory
Total Liab
Net Invested Capital
Property Plant And Equipment Gross
Short Long Term Debt
Total Current Assets
Capital Stock
Net Working Capital
Tax Provision
Net Interest Income
Interest Income
Interest Expense
Selling General Administrative
Total Revenue
Gross Profit
Operating Income
Net Income From Continuing Ops
Cost Of Revenue
Total Operating Expenses
Reconciled Depreciation
Income Before Tax
Total Other Income Expense Net
Probability Of Bankruptcy
The Innovation Beverage's current Net Debt is estimated to increase to about 1.7 M, while Short and Long Term Debt is projected to decrease to roughly 1.1 M.
At this time, it appears that Innovation Beverage's Piotroski F Score is Poor. 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..
The critical factor to consider when applying the Piotroski F Score to Innovation Beverage is to make sure Innovation is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Innovation Beverage'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 Innovation Beverage's financial numbers are properly reported.
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 Innovation Beverage's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Innovation Beverage in a much-optimized way.
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.
Common Stock Shares Outstanding
7.59 Million
At this time, Innovation Beverage's Common Stock Shares Outstanding is most likely to decrease significantly in the upcoming years.
About Innovation Beverage Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Innovation Beverage Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Innovation Beverage using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Innovation Beverage Group 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.
When determining whether Innovation Beverage is a strong investment it is important to analyze Innovation Beverage'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 Innovation Beverage's future performance. For an informed investment choice regarding Innovation Stock, refer to the following important reports:
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Beer and Liquor 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 Innovation Beverage. If investors know Innovation 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 Innovation Beverage listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.24)
Revenue Per Share
0.406
Quarterly Revenue Growth
(0.39)
Return On Assets
(0.28)
Return On Equity
(4.45)
The market value of Innovation Beverage is measured differently than its book value, which is the value of Innovation that is recorded on the company's balance sheet. Investors also form their own opinion of Innovation Beverage's value that differs from its market value or its book value, called intrinsic value, which is Innovation Beverage'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 Innovation Beverage's market value can be influenced by many factors that don't directly affect Innovation Beverage'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 Innovation Beverage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Innovation Beverage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innovation Beverage'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.