LCCN (LeapCharger) Beneish M-Score: 0.00 (As of Jun. 29, 2026)

What is LeapCharger Beneish M-Score?

LeapCharger LCCN Beneish M-Score is 0.00 as of Jun. 29, 2026.

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 LeapCharger's Beneish M-Score or its related term are showing as below:

During the past 5 years, the highest Beneish M-Score of LeapCharger was 0.00. The lowest was 0.00. And the median was 0.00.

LeapCharger Beneish M-Score Related Terms

LeapCharger Beneish M-Score Historical Data

* Premium members only.

The historical data trend for LeapCharger'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.

LeapCharger Beneish M-Score Chart

LeapCharger Annual Data

Trend

Dec10

Dec11

Dec12

Nov13

Nov14

Beneish M-Score

0.00

-8.97

LeapCharger Quarterly Data
	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15	Aug22	Aug23
Beneish M-Score	Get a 7-Day Free Trial															-1.42	-5.41	0.00	0.00	9.75

LCCN vs HLLK, CDXQ, CIRX: Beneish M-Score Comparison

For the Conglomerates subindustry, LeapCharger'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.

LeapCharger Beneish M-Score vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, LeapCharger's Beneish M-Score distribution charts can be found below:

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

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LeapCharger 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 LeapCharger 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 * 2.0727

0.528 * 21.9998

0.404 * 1.0314

0.892 * 1.1579

0.115 * 1

0.172 * SGAI

4.679 * TATA

0.327 * LVGI

0.172 * 0.7833

4.679 * -0.076095

0.327 * 0.0182

9.75

This Year (Aug23) TTM:

Last Year (Feb15) TTM:

Total Receivables was $0.02 Mil.
Revenue was 0.044 + 0 + 0 + 0 = $0.04 Mil.
Gross Profit was 0.002 + 0 + 0 + 0 = $0.00 Mil.
Total Current Assets was $0.03 Mil.
Total Assets was $5.20 Mil.
Property, Plant and Equipment(Net PPE) was $0.00 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.00 Mil.
Selling, General, & Admin. Expense(SGA) was $0.38 Mil.
Total Current Liabilities was $0.13 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Net Income was -9.373 + -0.005 + -0.007 + -0.344 = $-9.73 Mil.
Non Operating Income was -9.333 + 0 + 0 + 0 = $-9.33 Mil.
Cash Flow from Operations was 0 + 0 + 0 + 0 = $0.00 Mil.

Total Receivables was $0.01 Mil.
Revenue was 0 + 0.014 + 0.014 + 0.01 = $0.04 Mil.
Gross Profit was 0 + 0.014 + 0.014 + 0.01 = $0.04 Mil.
Total Current Assets was $0.01 Mil.
Total Assets was $0.34 Mil.
Property, Plant and Equipment(Net PPE) was $0.00 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.00 Mil.
Selling, General, & Admin. Expense(SGA) was $0.42 Mil.
Total Current Liabilities was $0.46 Mil.
Long-Term Debt & Capital Lease Obligation was $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)
	=	(0.024 / 0.044)	/	(0.01 / 0.038)
	=	0.545455	/	0.263158
	=	2.0727

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)
	=	(0.038 / 0.038)	/	(0.002 / 0.044)
	=	1	/	0.045455
	=	21.9998

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 - (0.027 + 0) / 5.204)	/	(1 - (0.012 + 0) / 0.338)
	=	0.994812	/	0.964497
	=	1.0314

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
	=	0.044	/	0.038
	=	1.1579

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))
	=	(0.003 / (0.003 + 0))	/	(0 / (0 + 0))
	=	1	/
	=	1

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)
	=	(0.38 / 0.044)	/	(0.419 / 0.038)
	=	8.636364	/	11.026316
	=	0.7833

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 + 0.129) / 5.204)	/	((0 + 0.46) / 0.338)
	=	0.024789	/	1.360947
	=	0.0182

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
	=	(-9.729 - -9.333	-	0)	/	5.204
	=	-0.076095

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.

LeapCharger has a M-score of 9.75 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 0.00 mean?

LeapCharger (LCCN) has a Beneish M-Score of 0.00 as of Jun. 29, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on LeapCharger and its competitors.

Is LeapCharger's Beneish M-Score too high?

LeapCharger's current Beneish M-Score is 0.00.

How does LeapCharger's Beneish M-Score compare to HLLK and CDXQ?

LeapCharger's Beneish M-Score of 0.00 can be compared against companies in the Conglomerates 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 a Conglomerates company?

A good Beneish M-Score depends on the Conglomerates 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 LeapCharger and its competitors. LeapCharger'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 LeapCharger stock overvalued right now?

LeapCharger (LCCN) has a current Beneish M-Score of 0.00. The current Beneish M-Score is 0.00. 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 LeapCharger (LCCN), the current Beneish M-Score is 0.00 as of Jun. 29, 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.

LeapCharger Business Description

Industry Industrials Conglomerates

Comparable Companies HLLK CDXQ CIRX KDCE IDVV CBCA SPOM AFDG UPIN ADX:IHC HON TSE:8058 TSE:6501 TSE:8031 TSE:8001 MMM ADX:ALPHADHABI HKSE:00267 TSE:8002 TSE:8053

Address 321 W. Winnie Lane, Suite 104, Carson City, NV, USA, 89703

Website https://www.leapcharger.com

LeapCharger Corp formerly Greenplex Services Inc is doing business with electric vehicle (EV) charging solutions for consumers and businesses.