Jacka Resources (ASX:JKA) Beneish M-Score: -14.79 (As of Jun. 26, 2026)

What is Jacka Resources Beneish M-Score?

Jacka Resources ASX:JKA Beneish M-Score is -14.79 as of Jun. 26, 2026. The stock has 1 warning sign investors should review.

The zones of discrimination for M-Score is as such:

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.

Good Sign:

Beneish M-Score -14.79 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

The historical rank and industry rank for Jacka Resources's Beneish M-Score or its related term are showing as below:

ASX:JKA' s Beneish M-Score Range Over the Past 10 Years
Min: -19.87 Med: -14.79 Max: -1.85
Current: -14.79

During the past 10 years, the highest Beneish M-Score of Jacka Resources was -1.85. The lowest was -19.87. And the median was -14.79.

Jacka Resources Beneish M-Score Related Terms

Jacka Resources Beneish M-Score Historical Data

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The historical data trend for Jacka Resources'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.

Jacka Resources Beneish M-Score Chart

Jacka Resources Annual Data

Trend

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Beneish M-Score

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-19.87

-14.79

Jacka Resources Semi-Annual Data
	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19
Beneish M-Score	Get a 7-Day Free Trial														0.00	-14.79	0.00	-14.79	0.00

ASX:JKA vs DLTZ, PTCO, BDCO: Beneish M-Score Comparison

For the Oil & Gas E&P subindustry, Jacka Resources'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.

Jacka Resources Beneish M-Score vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Jacka Resources's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Jacka Resources's Beneish M-Score falls into.

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Jacka Resources 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 Jacka Resources for today is based on a combination of the following eight different indices:

-4.84

0.92 * DSRI

0.528 * GMI

0.404 * AQI

0.892 * SGI

0.115 * DEPI

-4.84

0.92 *

0.528 *

0.404 *

0.892 *

0.115 *

0.172 * SGAI

4.679 * TATA

0.327 * LVGI

0.172 *

4.679 *

0.327 *

This Year (Jun19) TTM:

Last Year (Jun18) TTM:

Total Receivables was A$0.01 Mil.
Revenue was A$0.00 Mil.
Gross Profit was A$0.00 Mil.
Total Current Assets was A$0.30 Mil.
Total Assets was A$0.30 Mil.
Property, Plant and Equipment(Net PPE) was A$0.00 Mil.
Depreciation, Depletion and Amortization(DDA) was A$0.00 Mil.
Selling, General, & Admin. Expense(SGA) was A$0.25 Mil.
Total Current Liabilities was A$0.11 Mil.
Long-Term Debt & Capital Lease Obligation was A$0.00 Mil.
Net Income was A$0.30 Mil.
Gross Profit was A$0.75 Mil.
Cash Flow from Operations was A$-0.48 Mil.

Total Receivables was A$0.01 Mil.
Revenue was A$0.00 Mil.
Gross Profit was A$0.00 Mil.
Total Current Assets was A$0.86 Mil.
Total Assets was A$0.86 Mil.
Property, Plant and Equipment(Net PPE) was A$0.00 Mil.
Depreciation, Depletion and Amortization(DDA) was A$0.00 Mil.
Selling, General, & Admin. Expense(SGA) was A$0.25 Mil.
Total Current Liabilities was A$0.97 Mil.
Long-Term Debt & Capital Lease Obligation was A$0.00 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)
	=	(0.006 / 0)	/	(0.009 / 0)
	=		/
	=

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)
	=	(0 / 0)	/	(0 / 0)
	=		/
	=

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 - (0.3 + 0) / 0.3)	/	(1 - (0.856 + 0) / 0.856)
	=	0	/	0
	=

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
	=	0	/	0
	=

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))
	=	(0 / (0 + 0))	/	(0 / (0 + 0))
	=		/
	=

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)
	=	(0.245 / 0)	/	(0.246 / 0)
	=		/
	=

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)
	=	((0 + 0.109) / 0.3)	/	((0 + 0.965) / 0.856)
	=	0.363333	/	1.127336
	=

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
	=	(0.3 - 0.751	-	-0.483)	/	0.3
	=	0.106667

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.

Frequently Asked Questions Learn more about Beneish M-Score →

What does a Beneish M-Score of -14.79 mean?

Jacka Resources (ASX:JKA) has a Beneish M-Score of -14.79 as of Jun. 26, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Jacka Resources and its competitors.

Is Jacka Resources' Beneish M-Score too high?

Jacka Resources' current Beneish M-Score is -14.79.

How does Jacka Resources' Beneish M-Score compare to DLTZ and PTCO?

Jacka Resources' Beneish M-Score of -14.79 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Beneish M-Score for an Oil & Gas company?

A good Beneish M-Score depends on the Oil & Gas industry context. However, Beneish M-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Beneish M-Score mean?

A high Beneish M-Score can signal that a stock is expensive relative to its fundamentals. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Jacka Resources and its competitors. Jacka Resources's current Beneish M-Score is -14.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Jacka Resources stock overvalued right now?

Jacka Resources (ASX:JKA) has a current Beneish M-Score of -14.79. The current Beneish M-Score is -14.79. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Beneish M-Score calculated?

Beneish M-Score is calculated from a company's financial statements. For Jacka Resources (ASX:JKA), the current Beneish M-Score is -14.79 as of Jun. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Jacka Resources Business Description

Industry Energy Oil & Gas

Comparable Companies TSXV:SXE ASX:GRV DLTZ XCNQ:JEM TSXV:CEN LSE:PATH TSXV:PNN LSE:SRO TSXV:MCO TSXV:KFG TSXV:HPL TSXV:RYS.H TSXV:ENG TSXV:EBY XCNQ:MEC PTCO BDCO PTRA TSXV:TE TSXV:CE

Address 216 St Georges Terrace, Level 11, London House, Perth, WA, AUS, 6000

Website http://www.jackaresources.com.au

Jacka Resources Ltd is an Australia-based oil and gas exploration company. The company is engaged in oil and gas exploration in Odewayne Block in Somaliland. The operating segment of the company is Oil and Gas Exploration in Australia and Africa.