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Columbus AcquisitionCOLA 19 Beneish M-Score is 0.00 as of Jul. 26, 2026. GuruFocus rates COLA with a GF Score™ of 19/100. The stock has 1 warning sign investors should review. Among 85 Diversified Financial Services companies, Columbus Acquisition ranks worse than 1176469.41% on this metric.
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.
The historical rank and industry rank for Columbus Acquisition's Beneish M-Score or its related term are showing as below:
During the past 5 years, the highest Beneish M-Score of Columbus Acquisition was 110.21. The lowest was 25.27. And the median was 60.06.
Columbus Acquisition Beneish M-Score Related Terms
Columbus Acquisition Beneish M-Score Historical Data
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The historical data trend for Columbus Acquisition'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.
COLA vs YHNA, BKHA, UBYH: Beneish M-Score Comparison
For the Shell Companies subindustry, Columbus Acquisition'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.
Columbus Acquisition Beneish M-Score vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Columbus Acquisition's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Columbus Acquisition's Beneish M-Score falls into.
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 Columbus Acquisition 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 *
+
0.528 *
+
0.404 *
+
0.892 *
+
0.115 *
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 *
+
4.679 *
-
0.327 *
=
* 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.
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.
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
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
=
(1.197 - 0
-
-0.69)
/
27.027
=
0.069819
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.
Columbus Acquisition (COLA) has a Beneish M-Score of 0.00 as of Jul. 26, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Columbus Acquisition and its competitors. Over the past decade, Columbus Acquisition's Beneish M-Score has ranged from 25.27 to 110.21. According to the industry distribution chart, Columbus Acquisition ranks #999999 out of 85 companies in the Diversified Financial Services industry.
Is Columbus Acquisition's Beneish M-Score too high?
Columbus Acquisition's current Beneish M-Score is 0.00. Over the past 10 years, this metric has ranged from a low of 25.27 to a high of 110.21. Based on the distribution chart, Columbus Acquisition ranks #999999 out of 85 companies in the Diversified Financial Services industry, which is in the bottom quartile relative to peers. Overall, Columbus Acquisition has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Columbus Acquisition's Beneish M-Score compare to YHNA and BKHA?
According to the Diversified Financial Services industry distribution chart, Columbus Acquisition ranks #999999 out of 85 companies for Beneish M-Score. This places Columbus Acquisition in the lower half of its industry. Historically, Columbus Acquisition's own Beneish M-Score has ranged from 25.27 to 110.21 over the past decade. 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 a Diversified Financial Services company?
A good Beneish M-Score depends on the Diversified Financial Services 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 Columbus Acquisition and its competitors. Columbus Acquisition's current Beneish M-Score is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Columbus Acquisition stock overvalued right now?
Columbus Acquisition (COLA) has a current Beneish M-Score of 0.00. The current Beneish M-Score is 0.00. Columbus Acquisition's overall GF Score™ is 19/100 with 1 warning sign to review. 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 Columbus Acquisition (COLA), the current Beneish M-Score is 0.00 as of Jul. 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.
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