Moneyhero Limited Class Stock Beneish M Score

MNY Stock   1.12  0.01  0.90%   
This module uses fundamental data of MoneyHero Limited to approximate the value of its Beneish M Score. MoneyHero Limited 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 MoneyHero Limited Piotroski F Score and MoneyHero Limited Altman Z Score analysis.
  
At this time, MoneyHero Limited's Short Term Debt is fairly stable compared to the past year. Debt To Equity is likely to rise to 0.52 in 2024, whereas Short and Long Term Debt Total is likely to drop slightly above 575.8 K in 2024. At this time, MoneyHero Limited's Total Debt To Capitalization is fairly stable compared to the past year. Debt Equity Ratio is likely to rise to 0.52 in 2024, whereas PTB Ratio is likely to drop 0.70 in 2024.
At this time, it appears that MoneyHero Limited Class is an unlikely manipulator. The earnings manipulation may begin if MoneyHero Limited'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 MoneyHero Limited 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 MoneyHero Limited'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.
-3.63
Beneish M Score - Unlikely Manipulator
Elasticity of Receivables

0.94

Focus
Asset Quality

N/A

Focus
Expense Coverage

0.68

Focus
Gross Margin Strengs

1.19

Focus
Accruals Factor

0.68

Focus
Depreciation Resistance

N/A

Focus
Net Sales Growth

0.96

Focus
Financial Leverage Condition

1.39

Focus

MoneyHero Limited 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 MoneyHero Limited'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 Receivables34.4 M38.1 M
Moderately Down
Slightly volatile
Total Revenue77.3 M80.7 M
Sufficiently Down
Slightly volatile
Total Assets109.3 M115 M
Notably Down
Slightly volatile
Total Current Assets112.3 M106.9 M
Sufficiently Up
Slightly volatile
Non Current Assets Total7.7 M8.1 M
Notably Down
Slightly volatile
Depreciation And Amortization4.4 M7.2 M
Way Down
Slightly volatile
Selling General Administrative71.3 M108.7 M
Way Down
Slightly volatile
Total Current Liabilities22 M35.7 M
Way Down
Slightly volatile
Non Current Liabilities Total242.2 K255 K
Notably Down
Slightly volatile
Short Term Debt596 K574.6 K
Sufficiently Up
Slightly volatile
Long Term DebtM7.9 M
Fairly Down
Slightly volatile
Short Term Investments30.4 M54.9 M
Way Down
Slightly volatile
Gross Profit Margin0.540.4554
Fairly Up
Pretty Stable

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

About MoneyHero Limited 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.

Other Operating Expenses

83.6 Million

At this time, MoneyHero Limited's Other Operating Expenses is fairly stable compared to the past year.

About MoneyHero Limited Fundamental Analysis

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

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