Pacs Group, Stock Beneish M Score

PACS Stock   16.55  0.06  0.36%   
This module uses fundamental data of PACS Group, to approximate the value of its Beneish M Score. PACS Group, 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 PACS Group, Piotroski F Score and PACS Group, Altman Z Score analysis.
For more information on how to buy PACS Stock please use our How to Invest in PACS Group, guide.
  
At this time, PACS Group,'s Short and Long Term Debt is comparatively stable compared to the past year. Debt To Equity is likely to gain to 8.51 in 2024, whereas Net Debt is likely to drop slightly above 2.5 B in 2024.
At this time, it appears that PACS Group, is an unlikely manipulator. The earnings manipulation may begin if PACS Group,'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 PACS Group, 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 PACS Group,'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.
-2.78
Beneish M Score - Unlikely Manipulator
Elasticity of Receivables

1.18

Focus
Asset Quality

N/A

Focus
Expense Coverage

1.12

Focus
Gross Margin Strengs

1.18

Focus
Accruals Factor

1.12

Focus
Depreciation Resistance

N/A

Focus
Net Sales Growth

0.79

Focus
Financial Leverage Condition

0.97

Focus

PACS Group, 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 PACS Group,'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 Receivables561.1 M600.1 M
Notably Down
Slightly volatile
Total Revenue2.5 B3.1 B
Significantly Down
Slightly volatile
Total Assets3.3 B3.5 B
Notably Down
Slightly volatile
Total Current Assets678.3 M722.1 M
Notably Down
Slightly volatile
Non Current Assets Total2.6 B2.8 B
Significantly Down
Slightly volatile
Depreciation And Amortization20.2 M25.6 M
Significantly Down
Slightly volatile
Selling General Administrative153.8 M173.7 M
Fairly Down
Slightly volatile
Total Current Liabilities376.3 M456.9 M
Significantly Down
Slightly volatile
Non Current Liabilities Total2.7 BB
Moderately Down
Slightly volatile
Net Debt2.5 B2.8 B
Significantly Down
Slightly volatile
Short Term Debt123.9 M127.2 M
Fairly Down
Slightly volatile
Long Term Debt634.7 M715.7 M
Fairly Down
Slightly volatile
Operating Income190.8 M207.8 M
Significantly Down
Slightly volatile
Total Cash From Operating Activities78.4 M63.7 M
Fairly Up
Slightly volatile
Short Term InvestmentsM4.5 M
Fairly Down
Slightly volatile
Gross Profit Margin0.170.1437
Fairly Up
Pretty Stable

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

About PACS Group, 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

20.2 Million

At this time, PACS Group,'s Depreciation And Amortization is comparatively stable compared to the past year.

About PACS Group, Fundamental Analysis

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

Thematic Opportunities

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Additional Tools for PACS Stock Analysis

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