Innsuites Hospitality Trust Stock Beneish M Score

IHT Stock  USD 1.32  0.02  1.49%   
This module uses fundamental data of InnSuites Hospitality to approximate the value of its Beneish M Score. InnSuites Hospitality 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 InnSuites Hospitality Piotroski F Score and InnSuites Hospitality Altman Z Score analysis.
  
At this time, InnSuites Hospitality's Short and Long Term Debt Total is comparatively stable compared to the past year. Long Term Debt is likely to gain to about 15.4 M in 2024, whereas Long Term Debt Total is likely to drop slightly above 8.3 M in 2024. At this time, InnSuites Hospitality's Total Debt To Capitalization is comparatively stable compared to the past year. Payout Ratio is likely to gain to 0.23 in 2024, whereas Dividend Yield is likely to drop 0.01 in 2024.
At this time, it appears that InnSuites Hospitality is an unlikely manipulator. The earnings manipulation may begin if InnSuites Hospitality'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 InnSuites Hospitality 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 InnSuites Hospitality'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.
-3.0
Beneish M Score - Unlikely Manipulator
Elasticity of Receivables

0.68

Focus
Asset Quality

-0.66

Focus
Expense Coverage

0.86

Focus
Gross Margin Strengs

1.05

Focus
Accruals Factor

0.86

Focus
Depreciation Resistance

0.95

Focus
Net Sales Growth

1.54

Focus
Financial Leverage Condition

1.0

Focus

InnSuites Hospitality 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 InnSuites Hospitality'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 Receivables2.4 M2.2 M
Sufficiently Up
Slightly volatile
Total Revenue12.7 M8.2 M
Way Up
Slightly volatile
Total Assets14.6 M15.3 M
Notably Down
Slightly volatile
Total Current AssetsM4.8 M
Sufficiently Up
Slightly volatile
Non Current Assets Total22.8 M11.6 M
Way Up
Slightly volatile
Property Plant Equipment12.1 M8.4 M
Way Up
Very volatile
Depreciation And Amortization1.2 M807.7 K
Way Up
Slightly volatile
Selling General Administrative3.2 M2.4 M
Significantly Up
Slightly volatile
Total Current Liabilities1.5 M1.6 M
Notably Down
Slightly volatile
Non Current Liabilities Total20.6 M10.4 M
Way Up
Slightly volatile
Net Debt8.8 M9.2 M
Notably Down
Slightly volatile
Short Term Debt701.8 K738.8 K
Notably Down
Slightly volatile
Long Term Debt15.4 M8.3 M
Way Up
Slightly volatile
Long Term Investments646.9 K529.9 K
Fairly Up
Slightly volatile

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

About InnSuites Hospitality 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

11.59 Million

At this time, InnSuites Hospitality's Other Operating Expenses is comparatively stable compared to the past year.

About InnSuites Hospitality Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze InnSuites Hospitality Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of InnSuites Hospitality using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of InnSuites Hospitality Trust 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.
InnSuites Hospitality Trust first listed on the NYSE in 1971 is headquartered in Phoenix, Arizona is an unincorporated Ohio Business. InnSuites Hotels and Suites has owned real estate and hotels and provided hotel services including management, branding, and reservations to hotels under the brand name InnSuites trademarked and owned by IHT over 40 years by being innovators for guest needs and recognizing hotel membership demands. Innsuites Hospitality operates under REITHotel Motel classification in the United States and is traded on AMEX Exchange. It employs 49 people.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards InnSuites Hospitality in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, InnSuites Hospitality's short interest history, or implied volatility extrapolated from InnSuites Hospitality options trading.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether InnSuites Hospitality is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if InnSuites Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Innsuites Hospitality Trust Stock. Highlighted below are key reports to facilitate an investment decision about Innsuites Hospitality Trust Stock:
Check out InnSuites Hospitality Piotroski F Score and InnSuites Hospitality Altman Z Score analysis.
Note that the InnSuites Hospitality information on this page should be used as a complementary analysis to other InnSuites Hospitality's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for InnSuites Stock analysis

When running InnSuites Hospitality's price analysis, check to measure InnSuites Hospitality'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 InnSuites Hospitality is operating at the current time. Most of InnSuites Hospitality's value examination focuses on studying past and present price action to predict the probability of InnSuites Hospitality's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move InnSuites Hospitality's price. Additionally, you may evaluate how the addition of InnSuites Hospitality to your portfolios can decrease your overall portfolio volatility.
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Global Correlations
Find global opportunities by holding instruments from different markets
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Is InnSuites Hospitality's 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 InnSuites Hospitality. If investors know InnSuites 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 InnSuites Hospitality 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
(0.36)
Dividend Share
0.02
Earnings Share
0.05
Revenue Per Share
0.805
Quarterly Revenue Growth
0.07
The market value of InnSuites Hospitality is measured differently than its book value, which is the value of InnSuites that is recorded on the company's balance sheet. Investors also form their own opinion of InnSuites Hospitality's value that differs from its market value or its book value, called intrinsic value, which is InnSuites Hospitality'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 InnSuites Hospitality's market value can be influenced by many factors that don't directly affect InnSuites Hospitality'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 InnSuites Hospitality's value and its price as these two are different measures arrived at by different means. Investors typically determine if InnSuites Hospitality is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, InnSuites Hospitality'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.