Infobird Co Stock Beneish M Score

IFBD Stock  USD 3.30  0.66  25.00%   
This module uses fundamental data of Infobird to approximate the value of its Beneish M Score. Infobird 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 Infobird Piotroski F Score and Infobird Altman Z Score analysis.
  
At present, Infobird's Net Debt To EBITDA is projected to slightly decrease based on the last few years of reporting. The current year's Long Term Debt To Capitalization is expected to grow to 0.01, whereas Short and Long Term Debt is forecasted to decline to about 4 M. At present, Infobird's Book Value Per Share is projected to increase significantly based on the last few years of reporting. The current year's Days Of Inventory On Hand is expected to grow to 478.84, whereas PTB Ratio is forecasted to decline to 0.07.
At this time, it appears that Infobird is an unlikely manipulator. The earnings manipulation may begin if Infobird'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 Infobird 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 Infobird'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.
-2.64
Beneish M Score - Unlikely Manipulator
Elasticity of Receivables

1.0

Focus
Asset Quality

0.91

Focus
Expense Coverage

1.0

Focus
Gross Margin Strengs

0.96

Focus
Accruals Factor

1.0

Focus
Depreciation Resistance

0.99

Focus
Net Sales Growth

0.95

Focus
Financial Leverage Condition

1.0

Focus

Infobird 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 Infobird'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 Receivables171 K180 K
Notably Down
Slightly volatile
Total Revenue266 K280 K
Notably Down
Slightly volatile
Total Assets60.5 M57.7 M
Sufficiently Up
Slightly volatile
Total Current Assets10.8 M5.5 M
Way Up
Slightly volatile
Non Current Assets Total54.8 M52.2 M
Sufficiently Up
Slightly volatile
Property Plant Equipment176.4 K185.7 K
Notably Down
Slightly volatile
Depreciation And Amortization1.7 M1.6 M
Sufficiently Up
Slightly volatile
Selling General Administrative1.4 M1.4 M
Notably Down
Slightly volatile
Total Current Liabilities59.8 K63 K
Notably Down
Slightly volatile
Short Term DebtM4.1 M
Fairly Down
Pretty Stable
Long Term Debt15.5 K16.4 K
Notably Down
Slightly volatile
Gross Profit Margin0.530.5526
Sufficiently Down
Pretty Stable

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

About Infobird 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

1.72 Million

At present, Infobird's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting.

Infobird 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 Infobird. 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 Receivables2.4M4.1M6.5M531.7K180K171K
Total Revenue18.2M14.5M9.6M5.5M280K266K
Total Assets11.1M16.0M28.5M16.6M57.7M60.5M
Total Current Assets5.9M7.3M20.4M13.4M5.5M10.8M
Net Debt(636.6K)1.4M(1.4M)2.6M3.0M3.1M
Short Term Debt2.9M3.1M4.7M3.6M4.1M4.0M
Operating Income6.0M4.4M(14.5M)(14.4M)(3.2M)(3.3M)
Gross Profit Margin0.560.680.240.360.550.53

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

About Infobird Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Infobird Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Infobird using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Infobird Co 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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When determining whether Infobird is a strong investment it is important to analyze Infobird'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 Infobird's future performance. For an informed investment choice regarding Infobird Stock, refer to the following important reports:
Check out Infobird Piotroski F Score and Infobird Altman Z Score analysis.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Application Software 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 Infobird. If investors know Infobird 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 Infobird listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.18)
Earnings Share
(53.73)
Revenue Per Share
0.711
Quarterly Revenue Growth
(0.43)
Return On Assets
(0.04)
The market value of Infobird is measured differently than its book value, which is the value of Infobird that is recorded on the company's balance sheet. Investors also form their own opinion of Infobird's value that differs from its market value or its book value, called intrinsic value, which is Infobird'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 Infobird's market value can be influenced by many factors that don't directly affect Infobird'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 Infobird's value and its price as these two are different measures arrived at by different means. Investors typically determine if Infobird is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Infobird'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.