Beneish M-Score

Beneish M-Score is a statistical model that uses financial ratios to identify whether a company ha

Ticker AMZN
Company Name #NAME?
Sector #NAME?
Latest Fiscal Year 12/31/2019

Beneish M-Score Calculation

FY-1 FY

Day Sales in Receivables Index (DSRI) NM NM

Gross Margin Index (GMI) NM NM
Asset Quality Index (AQI) #NAME? #NAME?
Sales Growth Index (SGI) #NAME? #NAME?
Depreciation Index (DEPI) #NAME? #NAME?
SG&A Expenses Index (SGAI) #NAME? #NAME?
Leverage Index (LVGI) NM NM
Total Accruals to Total Assets (TATA) -0.12

Beneish M-Score Calculation

Interpretation
M-Score > -1.78, the company is likely an earnings manipulator
M-Score between -1.78 and -2.00, the company is a possible earnings manipulator
M-Score < -2.00, the company is not likely an earnings manipulator

Is AMZN manipulating earnings? No, not likely

Required Data

Metric Name Metric Slug FY-1

Total Revenues total_rev #NAME?
Cost of Goods Sold cogs #NAME?
Selling, General, & Admin. Expense sga #NAME?
Research & Development rd #NAME?
Depreciation da #NAME?
Net Income to Common ni_avail_excl #NAME?
Accounts Receivables ar #NAME?
Total Current Assets total_ca #NAME?
Property, Plants, & Equipment, Net nppe #NAME?
Total Assets total_assets #NAME?
Total Current Liabilities total_cl #NAME?
Total Debt total_debt #NAME?
Cash From Operations cash_from_operatio #NAME?

Created by:
finbox.com
ish M-Score
ratios to identify whether a company has manipulated its earnings.

1)

2)
3)
4)

Index LTM-1 LTM Index

1.11 NM NM 0.91
0.98 NM NM 1.02
NM #NAME? #NAME? NM
NM #NAME? #NAME? NM
1.09 #NAME? #NAME? 1.05
NM #NAME? #NAME? NM
NM NM NM NM
-0.12 -0.15 -0.15

NM -3.04

FY LTM-1 LTM
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#NAME? #NAME? #NAME?
#NAME? #NAME? #NAME?
#NAME? #NAME? #NAME?
#NAME? #NAME? #NAME?
#NAME? #NAME? #NAME?
#NAME? #NAME? #NAME?
#NAME? #NAME? #NAME?
#NAME? #NAME? #NAME?
#NAME? #NAME? #NAME?
Instructions:
To use this tab, please install the finbox Spreadsheet Add-on
https://finbox.com/integrations/excel
Login to the add-on using your Finbox login credentials
Change the ticker in cell C5
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