Texas Gulf Energy Stock Beneish M Score

TXGE Stock  USD 2,147  16.61  0.77%   
This module uses fundamental data of Texas Gulf to approximate the value of its Beneish M Score. Texas Gulf 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Texas Gulf Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
  
At this time, Texas Gulf's M Score is inapplicable. The earnings manipulation may begin if Texas Gulf'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 Texas Gulf 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 Texas Gulf'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.
-4.84
Beneish M Score - Inapplicable
Elasticity of Receivables

N/A

Focus
Asset Quality

N/A

Focus
Expense Coverage

N/A

Focus
Gross Margin Strengs

N/A

Focus
Accruals Factor

N/A

Focus
Depreciation Resistance

N/A

Focus
Net Sales Growth

N/A

Focus
Financial Leverage Condition

N/A

Focus

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About Texas Gulf Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Texas Gulf Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Texas Gulf using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Texas Gulf Energy 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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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Texas Gulf Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Note that the Texas Gulf Energy information on this page should be used as a complementary analysis to other Texas Gulf'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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

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When running Texas Gulf's price analysis, check to measure Texas Gulf'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 Texas Gulf is operating at the current time. Most of Texas Gulf's value examination focuses on studying past and present price action to predict the probability of Texas Gulf's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Texas Gulf's price. Additionally, you may evaluate how the addition of Texas Gulf to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Texas Gulf's value and its price as these two are different measures arrived at by different means. Investors typically determine if Texas Gulf is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Texas Gulf'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.