Mobile Mini Beneish M-Score Historical Data
The historical data trend for Mobile Mini's Beneish M-Score can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Mobile Mini Beneish M-Score Chart
|
Mobile Mini Annual Data
|
|
Trend |
Dec10 |
Dec11 |
Dec12 |
Dec13 |
Dec14 |
Dec15 |
Dec16 |
Dec17 |
Dec18 |
Dec19 |
| Beneish M-Score |
|
Get a 7-Day Free Trial
|
|
|
-2.68 |
-2.46 |
-2.35 |
-2.52 |
- |
|
Mobile Mini Quarterly Data
|
|
Jun15 |
Sep15 |
Dec15 |
Mar16 |
Jun16 |
Sep16 |
Dec16 |
Mar17 |
Jun17 |
Sep17 |
Dec17 |
Mar18 |
Jun18 |
Sep18 |
Dec18 |
Mar19 |
Jun19 |
Sep19 |
Dec19 |
Mar20 |
| Beneish M-Score |
Get a 7-Day Free Trial
|
|
|
|
|
|
|
|
|
|
|
|
|
-2.62 |
-2.78 |
-2.87 |
- |
- |
Competitive Comparison of Mobile Mini's Beneish M-Score
For the Rental & Leasing Services subindustry, Mobile Mini's Beneish M-Score, along with its competitors' market caps and Beneish M-Score data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Mobile Mini's Beneish M-Score Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, Mobile Mini's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Mobile Mini's Beneish M-Score falls into.
Mobile Mini Beneish M-Score Calculation
The M-score was created by Professor Messod Beneish. Instead of measuring the bankruptcy risk (Altman Z-Score) or business trend (Piotroski F-Score), M-score can be used to detect the risk of earnings manipulation. This is the original research paper on M-score.
The M-Score Variables:
The M-score of Mobile Mini for today is based on a combination of the following eight different indices:
| M | = | -4.84 | + | 0.92 * DSRI | + | 0.528 * GMI | + | 0.404 * AQI | + | 0.892 * SGI | + | 0.115 * DEPI |
| = | -4.84 | + | 0.92 * 0.7762 | + | 0.528 * 0.951 | + | 0.404 * 0.9524 | + | 0.892 * 1.0327 | + | 0.115 * 1.0621 |
| - | 0.172 * SGAI | + | 4.679 * TATA | - | 0.327 * LVGI |
| - | 0.172 * 1 | + | 4.679 * -0.060802 | - | 0.327 * 0.9988 |
| = | -2.98 |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
| This Year (Dec19) TTM: | Last Year (Dec18) TTM: |
Total Receivables was $104.4 Mil.
Revenue was $612.6 Mil.
Gross Profit was $224.4 Mil.
Total Current Assets was $122.0 Mil.
Total Assets was $2,116.9 Mil.
Property, Plant and Equipment(Net PPE) was $1,216.5 Mil.
Depreciation, Depletion and Amortization(DDA) was $70.6 Mil.
Selling, General, & Admin. Expense(SGA) was $0.0 Mil.
Total Current Liabilities was $108.6 Mil.
Long-Term Debt & Capital Lease Obligation was $971.9 Mil.
Net Income was $83.7 Mil.
Gross Profit was $-0.3 Mil.
Cash Flow from Operations was $212.7 Mil.
|
Total Receivables was $130.2 Mil.
Revenue was $593.2 Mil.
Gross Profit was $206.7 Mil.
Total Current Assets was $147.6 Mil.
Total Assets was $2,005.1 Mil.
Property, Plant and Equipment(Net PPE) was $1,083.3 Mil.
Depreciation, Depletion and Amortization(DDA) was $67.0 Mil.
Selling, General, & Admin. Expense(SGA) was $0.0 Mil.
Total Current Liabilities was $121.3 Mil.
Long-Term Debt & Capital Lease Obligation was $903.3 Mil.
|
1. DSRI = Days Sales in Receivables Index
Measured as the ratio of Revenue in Total Receivables in year t to year t-1.
A large increase in DSR could be indicative of revenue inflation.
| DSRI | = | (Receivables_t / Revenue_t) | / | (Receivables_t-1 / Revenue_t-1) |
| = | (104.39 / 612.625) | / | (130.233 / 593.229) |
| = | 0.170398 | / | 0.219532 |
| | = | 0.7762 |
2. GMI = Gross Margin Index
Measured as the ratio of gross margin in year t-1 to gross margin in year t.
Gross margin has deteriorated when this index is above 1. A firm with poorer prospects is more likely to manipulate earnings.
| GMI | = | GrossMargin_t-1 | / | GrossMargin_t |
| = | (GrossProfit_t-1 / Revenue_t-1) | / | (GrossProfit_t / Revenue_t) |
| = | (206.669 / 593.229) | / | (224.425 / 612.625) |
| = | 0.34838 | / | 0.366333 |
| | = | 0.951 |
3. AQI = Asset Quality Index
AQI is the ratio of asset quality in year t to year t-1.
Asset quality is measured as the ratio of non-current assets other than Property, Plant and Equipment to Total Assets.
| AQI | = | (1 - (CurrentAssets_t + PPE_t) / TotalAssets_t) | / | (1 - (CurrentAssets_t-1 + PPE_t-1) / TotalAssets_t-1) |
| = | (1 - (121.96 + 1216.522) / 2116.877) | / | (1 - (147.563 + 1083.344) / 2005.064) |
| = | 0.367709 | / | 0.386101 |
| | = | 0.9524 |
4. SGI = Sales Growth Index
Ratio of Revenue in year t to sales in year t-1.
Sales growth is not itself a measure of manipulation. However, growth companies are likely to find themselves under pressure to manipulate in order to keep up appearances.
| SGI | = | Sales_t | / | Sales_t-1 |
| = | Revenue_t | / | Revenue_t-1 |
| = | 612.625 | / | 593.229 |
| | = | 1.0327 |
5. DEPI = Depreciation Index
Measured as the ratio of the rate of Depreciation, Depletion and Amortization in year t-1 to the corresponding rate in year t.
DEPI greater than 1 indicates that assets are being depreciated at a slower rate. This suggests that the firm might be revising useful asset life assumptions upwards, or adopting a new method that is income friendly.
| DEPI | = | (Depreciation_t-1 / (Depreciaton_t-1 + PPE_t-1)) | / | (Depreciation_t / (Depreciaton_t + PPE_t)) |
| = | (67 / (67 + 1083.344)) | / | (70.583 / (70.583 + 1216.522)) |
| = | 0.058243 | / | 0.054839 |
| | = | 1.0621 |
Note: If the Depreciation, Depletion and Amortization data is not available, we assume that the depreciation rate is constant and set the Depreciation Index to 1.
6. SGAI = Sales, General and Administrative expenses Index
The ratio of Selling, General, & Admin. Expense(SGA) to Sales in year t relative to year t-1.
SGA expenses index > 1 means that the company is becoming less efficient in generate sales.
| SGAI | = | (SGA_t / Sales_t) | / | (SGA_t-1 /Sales_t-1) |
| = | (0 / 612.625) | / | (0 / 593.229) |
| = | 0 | / | 0 |
| | = | 1 |
7. LVGI = Leverage Index
The ratio of total debt to Total Assets in year t relative to yeat t-1.
An LVGI > 1 indicates an increase in leverage
| LVGI | = | ((LTD_t + CurrentLiabilities_t) / TotalAssets_t) | / | ((LTD_t-1 + CurrentLiabilities_t-1) / TotalAssets_t-1) |
| = | ((971.858 + 108.623) / 2116.877) | / | ((903.343 + 121.313) / 2005.064) |
| = | 0.510413 | / | 0.511034 |
| | = | 0.9988 |
8. TATA = Total Accruals to Total Assets
Total accruals calculated as the change in working capital accounts other than cash less depreciation.
| TATA | = | (IncomefromContinuingOperations_t | - | CashFlowsfromOperations_t) | / | TotalAssets_t |
| = | (NetIncome_t - NonOperatingIncome_t | - | CashFlowsfromOperations_t) | / | TotalAssets_t |
| = | (83.734 - -0.274 | - | 212.718) | / | 2116.877 |
| | = | -0.060802 |
An M-Score of equal or less than -1.78 suggests that the company is unlikely to be a manipulator. An M-Score of greater than -1.78 signals that the company is likely to be a manipulator.
Mobile Mini has a M-score of -2.98 suggests that the company is unlikely to be a manipulator.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
MINI has been successfully added to your