Ecarx Holdings Warrants Stock Beneish M Score

ECXWW Stock   0.02  0.00  0.00%   
This module uses fundamental data of ECARX Holdings to approximate the value of its Beneish M Score. ECARX Holdings 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 ECARX Holdings Piotroski F Score and ECARX Holdings Altman Z Score analysis.
  
At this time, ECARX Holdings' Short and Long Term Debt is fairly stable compared to the past year. Long Term Debt is likely to climb to about 492.6 M in 2024, whereas Net Debt is likely to drop slightly above 721.8 M in 2024. At this time, ECARX Holdings' Stock Based Compensation To Revenue is fairly stable compared to the past year. Research And Ddevelopement To Revenue is likely to climb to 0.37 in 2024, whereas PTB Ratio is likely to drop (8.62) in 2024.
At this time, it appears that ECARX Holdings Warrants is an unlikely manipulator. The earnings manipulation may begin if ECARX Holdings' 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 ECARX Holdings 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 ECARX Holdings' 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.
-3.02
Beneish M Score - Unlikely Manipulator
Elasticity of Receivables

1.03

Focus
Asset Quality

N/A

Focus
Expense Coverage

1.22

Focus
Gross Margin Strengs

0.81

Focus
Accruals Factor

1.22

Focus
Depreciation Resistance

N/A

Focus
Net Sales Growth

0.78

Focus
Financial Leverage Condition

0.87

Focus

ECARX Holdings 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 ECARX Holdings' 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 Receivables1.7 B2.1 B
Significantly Down
Slightly volatile
Total Revenue3.6 B4.7 B
Significantly Down
Slightly volatile
Total Assets4.1 B4.3 B
Sufficiently Down
Slightly volatile
Total Current Assets3.1 B3.3 B
Sufficiently Down
Slightly volatile
Non Current Assets Total992.5 M978.9 M
Fairly Up
Slightly volatile
Depreciation And Amortization97.4 M124.6 M
Significantly Down
Slightly volatile
Selling General Administrative138.9 M146.2 M
Notably Down
Slightly volatile
Total Current Liabilities3.9 B4.2 B
Significantly Down
Slightly volatile
Non Current Liabilities Total1.6 B886.6 M
Way Up
Pretty Stable
Net Debt721.8 M1.2 B
Way Down
Slightly volatile
Short Term DebtB1.2 B
Significantly Down
Slightly volatile
Long Term Debt492.6 M455.7 M
Significantly Up
Slightly volatile
Long Term Investments572 M301 M
Way Up
Slightly volatile
Gross Profit Margin0.220.2722
Significantly Down
Slightly volatile

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

About ECARX Holdings 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

97.44 Million

At this time, ECARX Holdings' Depreciation And Amortization is fairly stable compared to the past year.

About ECARX Holdings Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze ECARX Holdings Warrants's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ECARX Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ECARX Holdings Warrants 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 ECARX Holdings Warrants is a strong investment it is important to analyze ECARX Holdings' 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 ECARX Holdings' future performance. For an informed investment choice regarding ECARX Stock, refer to the following important reports:
Check out ECARX Holdings Piotroski F Score and ECARX Holdings Altman Z Score analysis.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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When running ECARX Holdings' price analysis, check to measure ECARX Holdings' 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 ECARX Holdings is operating at the current time. Most of ECARX Holdings' value examination focuses on studying past and present price action to predict the probability of ECARX Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ECARX Holdings' price. Additionally, you may evaluate how the addition of ECARX Holdings to your portfolios can decrease your overall portfolio volatility.
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Is ECARX Holdings' industry 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 ECARX Holdings. If investors know ECARX 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 ECARX Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share
13.829
Quarterly Revenue Growth
0.223
Return On Assets
(0.13)
The market value of ECARX Holdings Warrants is measured differently than its book value, which is the value of ECARX that is recorded on the company's balance sheet. Investors also form their own opinion of ECARX Holdings' value that differs from its market value or its book value, called intrinsic value, which is ECARX Holdings' 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 ECARX Holdings' market value can be influenced by many factors that don't directly affect ECARX Holdings' 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 ECARX Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if ECARX Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ECARX Holdings' 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.