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Yuenglings Ice Cream (Yuenglings Ice Cream) Piotroski F-Score : 3 (As of May. 13, 2024)


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What is Yuenglings Ice Cream Piotroski F-Score?

Warning Sign:

Piotroski F-Score of 3 is low, which usually implies poor business operation.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Yuenglings Ice Cream has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

The historical rank and industry rank for Yuenglings Ice Cream's Piotroski F-Score or its related term are showing as below:

YCRM' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 3   Max: 4
Current: 3

During the past 7 years, the highest Piotroski F-Score of Yuenglings Ice Cream was 4. The lowest was 3. And the median was 3.


Yuenglings Ice Cream Piotroski F-Score Historical Data

The historical data trend for Yuenglings Ice Cream's Piotroski F-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.

* Premium members only.

Yuenglings Ice Cream Piotroski F-Score Chart

Yuenglings Ice Cream Annual Data
Trend Oct14 Oct15 Oct16 Oct20 Oct21 Oct22 Oct23
Piotroski F-Score
Get a 7-Day Free Trial 4.00 4.00 3.00 3.00 3.00

Yuenglings Ice Cream Quarterly Data
Apr16 Jul16 Oct16 Jan17 Apr17 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.00 N/A 3.00 3.00 3.00

Competitive Comparison of Yuenglings Ice Cream's Piotroski F-Score

For the Packaged Foods subindustry, Yuenglings Ice Cream's Piotroski F-Score, along with its competitors' market caps and Piotroski F-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.


Yuenglings Ice Cream's Piotroski F-Score Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Yuenglings Ice Cream's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Yuenglings Ice Cream's Piotroski F-Score falls into.


How is the Piotroski F-Score calculated?

* 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 (Oct23) TTM:Last Year (Oct22) TTM:
Net Income was -0.106 + -0.203 + -0.249 + 0.134 = $-0.42 Mil.
Cash Flow from Operations was -0.032 + -0.037 + -0.025 + -0.027 = $-0.12 Mil.
Revenue was 0 + 0 + 0 + 0 = $0.00 Mil.
Gross Profit was 0 + 0 + -0.056 + 0 = $-0.06 Mil.
Average Total Assets from the begining of this year (Oct22)
to the end of this year (Oct23) was
(0.192 + 0.097 + 0.439 + 0.347 + 0.171) / 5 = $0.2492 Mil.
Total Assets at the begining of this year (Oct22) was $0.19 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Total Current Assets was $0.17 Mil.
Total Current Liabilities was $1.76 Mil.
Net Income was -0.12 + -0.101 + -0.066 + -0.195 = $-0.48 Mil.

Revenue was 0 + 0 + 0 + 0 = $0.00 Mil.
Gross Profit was 0 + 0 + 0 + 0 = $0.00 Mil.
Average Total Assets from the begining of last year (Oct21)
to the end of last year (Oct22) was
(0.293 + 0.437 + 0.214 + 0.179 + 0.192) / 5 = $0.263 Mil.
Total Assets at the begining of last year (Oct21) was $0.29 Mil.
Long-Term Debt & Capital Lease Obligation was $0.16 Mil.
Total Current Assets was $0.16 Mil.
Total Current Liabilities was $1.72 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Yuenglings Ice Cream's current Net Income (TTM) was -0.42. ==> Negative ==> Score 0.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Yuenglings Ice Cream's current Cash Flow from Operations (TTM) was -0.12. ==> Negative ==> Score 0.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Oct22)
=-0.424/0.192
=-2.20833333

ROA (Last Year)=Net Income/Total Assets (Oct21)
=-0.482/0.293
=-1.64505119

Yuenglings Ice Cream's return on assets of this year was -2.20833333. Yuenglings Ice Cream's return on assets of last year was -1.64505119. ==> Last year is higher ==> Score 0.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Yuenglings Ice Cream's current Net Income (TTM) was -0.42. Yuenglings Ice Cream's current Cash Flow from Operations (TTM) was -0.12. ==> -0.12 > -0.42 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Oct23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Oct22 to Oct23
=0/0.2492
=0

Gearing (Last Year: Oct22)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Oct21 to Oct22
=0.157/0.263
=0.59695817

Yuenglings Ice Cream's gearing of this year was 0. Yuenglings Ice Cream's gearing of last year was 0.59695817. ==> This year is lower or equal to last year. ==> Score 1.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Oct23)=Total Current Assets/Total Current Liabilities
=0.171/1.763
=0.09699376

Current Ratio (Last Year: Oct22)=Total Current Assets/Total Current Liabilities
=0.162/1.719
=0.09424084

Yuenglings Ice Cream's current ratio of this year was 0.09699376. Yuenglings Ice Cream's current ratio of last year was 0.09424084. ==> This year's current ratio is higher. ==> Score 1.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

Yuenglings Ice Cream's number of shares in issue this year was 332.489. Yuenglings Ice Cream's number of shares in issue last year was 16.088. ==> There is larger number of shares in issue this year. ==> Score 0.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=-0.056/0
=

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=0/0
=

Yuenglings Ice Cream's gross margin of this year was . Yuenglings Ice Cream's gross margin of last year was . ==> Last year's gross margin is higher ==> Score 0.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Oct22)
=0/0.192
=0

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Oct21)
=0/0.293
=0

Yuenglings Ice Cream's asset turnover of this year was 0. Yuenglings Ice Cream's asset turnover of last year was 0. ==> Last year's asset turnover is higher ==> Score 0.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=0+0+0+1+1+1+0+0+0
=3

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Yuenglings Ice Cream has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

Yuenglings Ice Cream  (OTCPK:YCRM) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


Yuenglings Ice Cream Piotroski F-Score Related Terms

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Yuenglings Ice Cream (Yuenglings Ice Cream) Business Description

Traded in Other Exchanges
N/A
Address
One Glenlake Parkway, Suite 650, Atlanta, GA, USA, 30328
Yuenglings Ice Cream Corp operates in the dairy business. It is a food brand development company that builds and represents popular food concepts throughout the United States and international markets. The company manufactures ice creams. Its products include Black & Tan- A swirl of Belgian chocolate and salty caramel ice cream, Butterbeer- buttercream and butterscotch ice cream with a butterscotch swirl, Espresso Chocolate Chip- dark coffee ice cream with rich espresso chocolate chips, etc.
Executives
Tracy Fortner director, officer: Pres, CEO, Treas. & Sec'y 3555 1/2 TIZER LANE, HELENA MT 59602

Yuenglings Ice Cream (Yuenglings Ice Cream) Headlines

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