Lantheus Holdings Beneish M-Score Historical Data
The historical data trend for Lantheus Holdings'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.
Lantheus Holdings Beneish M-Score Chart
|
Lantheus Holdings Annual Data
|
|
Trend |
Dec14 |
Dec15 |
Dec16 |
Dec17 |
Dec18 |
Dec19 |
Dec20 |
Dec21 |
Dec22 |
Dec23 |
| Beneish M-Score |
|
Get a 7-Day Free Trial
|
|
|
-2.91 |
-1.73 |
-2.88 |
-2.75 |
-2.22 |
|
Lantheus Holdings Quarterly Data
|
|
Jun19 |
Sep19 |
Dec19 |
Mar20 |
Jun20 |
Sep20 |
Dec20 |
Mar21 |
Jun21 |
Sep21 |
Dec21 |
Mar22 |
Jun22 |
Sep22 |
Dec22 |
Mar23 |
Jun23 |
Sep23 |
Dec23 |
Mar24 |
| Beneish M-Score |
Get a 7-Day Free Trial
|
|
|
|
|
|
|
|
|
|
|
|
|
-3.60 |
-3.03 |
-3.05 |
-2.22 |
-2.15 |
Competitive Comparison of Lantheus Holdings's Beneish M-Score
For the Drug Manufacturers - Specialty & Generic subindustry, Lantheus Holdings'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.
Lantheus Holdings's Beneish M-Score Distribution in the Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Lantheus Holdings's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Lantheus Holdings's Beneish M-Score falls into.
Lantheus Holdings 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 Lantheus Holdings 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 * 1.0691 | + | 0.528 * 0.8096 | + | 0.404 * 0.9124 | + | 0.892 * 1.2839 | + | 0.115 * 0.9075 |
| - | 0.172 * SGAI | + | 4.679 * TATA | - | 0.327 * LVGI |
| - | 0.172 * 0.9896 | + | 4.679 * 0.012118 | - | 0.327 * 0.7317 |
| = | -2.16 |
* 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 (Mar24) TTM: | Last Year (Mar23) TTM: |
Total Receivables was €310 Mil.
Revenue was 340.377 + 324.617 + 299.789 + 296.929 = €1,262 Mil.
Gross Profit was 222.498 + 210.79 + 187.354 + 187.043 = €808 Mil.
Total Current Assets was €1,057 Mil.
Total Assets was €1,685 Mil.
Property, Plant and Equipment(Net PPE) was €138 Mil.
Depreciation, Depletion and Amortization(DDA) was €56 Mil.
Selling, General, & Admin. Expense(SGA) was €282 Mil.
Total Current Liabilities was €218 Mil.
Long-Term Debt & Capital Lease Obligation was €567 Mil.
Net Income was 120.581 + 94.799 + 123.644 + 86.883 = €426 Mil.
Non Operating Income was 61.822 + -1.458 + 45.078 + 0.42 = €106 Mil.
Cash Flow from Operations was 117.059 + 102.967 + 109.384 + -29.782 = €300 Mil.
|
Total Receivables was €226 Mil.
Revenue was 280.932 + 248.429 + 241.685 + 211.642 = €983 Mil.
Gross Profit was 71.989 + 157.809 + 148.907 + 130.575 = €509 Mil.
Total Current Assets was €722 Mil.
Total Assets was €1,260 Mil.
Property, Plant and Equipment(Net PPE) was €136 Mil.
Depreciation, Depletion and Amortization(DDA) was €49 Mil.
Selling, General, & Admin. Expense(SGA) was €222 Mil.
Total Current Liabilities was €258 Mil.
Long-Term Debt & Capital Lease Obligation was €545 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) |
| = | (310.398 / 1261.712) | / | (226.127 / 982.688) |
| = | 0.246013 | / | 0.230111 |
| | = | 1.0691 |
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) |
| = | (509.28 / 982.688) | / | (807.685 / 1261.712) |
| = | 0.518252 | / | 0.64015 |
| | = | 0.8096 |
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 - (1056.896 + 138.083) / 1684.827) | / | (1 - (722.238 + 136.398) / 1260.231) |
| = | 0.290741 | / | 0.318668 |
| | = | 0.9124 |
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 |
| = | 1261.712 | / | 982.688 |
| | = | 1.2839 |
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)) |
| = | (48.596 / (48.596 + 136.398)) | / | (56.254 / (56.254 + 138.083)) |
| = | 0.26269 | / | 0.289466 |
| | = | 0.9075 |
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) |
| = | (281.572 / 1261.712) | / | (221.6 / 982.688) |
| = | 0.223167 | / | 0.225504 |
| | = | 0.9896 |
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) |
| = | ((567.263 + 218.222) / 1684.827) | / | ((544.829 + 258.146) / 1260.231) |
| = | 0.466211 | / | 0.637165 |
| | = | 0.7317 |
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 |
| = | (425.907 - 105.862 | - | 299.628) | / | 1684.827 |
| | = | 0.012118 |
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.
Lantheus Holdings has a M-score of -2.16 suggests that the company is unlikely to be a manipulator.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
FRA:0L8 has been successfully added to your