LIBRF (Libra Energy Materials) Beneish M-Score: 0.00 (As of Jun. 24, 2026)


LIBRF Libra Energy Materials Inc LIBRF
14 GF Score
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What is Libra Energy Materials Beneish M-Score?

Libra Energy Materials LIBRF -0.10% 14 Beneish M-Score is 0.00 as of Jun. 24, 2026. GuruFocus rates LIBRF with a GF Score™ of 14/100. Among 685 Metals & Mining companies, Libra Energy Materials ranks worse than 145985.26% 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 Libra Energy Materials's Beneish M-Score or its related term are showing as below:

During the past 4 years, the highest Beneish M-Score of Libra Energy Materials was 0.00. The lowest was 0.00. And the median was 0.00.

Libra Energy Materials Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Libra Energy Materials'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.

Libra Energy Materials Beneish M-Score Chart

Libra Energy Materials Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Beneish M-Score
0.00 0.00 0.00 0.00

Libra Energy Materials Quarterly Data
Dec22 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Beneish M-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Libra Energy Materials Beneish M-Score Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Libra Energy Materials'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.

Libra Energy Materials Beneish M-Score vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Libra Energy Materials's Beneish M-Score distribution charts can be found below:

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


LIBRF
14GF Score
Libra Energy Materials Inc LIBRF
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Libra Energy Materials 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 Libra Energy Materials 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.

This Year (Mar26) TTM:Last Year (Mar25) TTM:
Total Receivables was $0.04 Mil.
Revenue was 0 + 0 + 0 + 0 = $0.00 Mil.
Gross Profit was -0.007 + -0.007 + -0.007 + -0.007 = $-0.03 Mil.
Total Current Assets was $0.92 Mil.
Total Assets was $2.54 Mil.
Property, Plant and Equipment(Net PPE) was $0.02 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.03 Mil.
Selling, General, & Admin. Expense(SGA) was $0.71 Mil.
Total Current Liabilities was $0.29 Mil.
Long-Term Debt & Capital Lease Obligation was $0.02 Mil.
Net Income was -0.873 + 1.694 + -1.472 + -0.015 = $-0.67 Mil.
Non Operating Income was -0.571 + 2.12 + -0.6 + 0.079 = $1.03 Mil.
Cash Flow from Operations was -0.309 + -0.396 + -0.093 + -0.05 = $-0.85 Mil.
 Total Receivables was $0.06 Mil.
Revenue was 0 + 0 + 0 + 0 = $0.00 Mil.
Gross Profit was -0.006 + -0.006 + -0.007 + -0.007 = $-0.03 Mil.
Total Current Assets was $0.55 Mil.
Total Assets was $0.60 Mil.
Property, Plant and Equipment(Net PPE) was $0.05 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.03 Mil.
Selling, General, & Admin. Expense(SGA) was $0.48 Mil.
Total Current Liabilities was $0.13 Mil.
Long-Term Debt & Capital Lease Obligation was $0.03 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)
=(0.036 / 0) / (0.056 / 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)
=(-0.026 / 0) / (-0.028 / 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 - (0.918 + 0.02) / 2.542) / (1 - (0.549 + 0.045) / 0.598)
=0.630999 / 0.006689
=

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))
=(0.026 / (0.026 + 0.045)) / (0.028 / (0.028 + 0.02))
=0.366197 / 0.583333
=

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)
=(0.708 / 0) / (0.479 / 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)
=((0.02 + 0.292) / 2.542) / ((0.027 + 0.128) / 0.598)
=0.122738 / 0.259197
=

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
=(-0.666 - 1.028 - -0.848) / 2.542
=-0.332809

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 0.00 mean?
Libra Energy Materials (LIBRF) has a Beneish M-Score of 0.00 as of Jun. 24, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Libra Energy Materials and its competitors. According to the industry distribution chart, Libra Energy Materials ranks #999999 out of 685 companies in the Metals & Mining industry.
Is Libra Energy Materials' Beneish M-Score too high?
Libra Energy Materials' current Beneish M-Score is 0.00. Based on the distribution chart, Libra Energy Materials ranks #999999 out of 685 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Libra Energy Materials has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Libra Energy Materials' Beneish M-Score compare to competitors?
According to the Metals & Mining industry distribution chart, Libra Energy Materials ranks #999999 out of 685 companies for Beneish M-Score. This places Libra Energy Materials in the lower half of its 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 Metals & Mining company?
A good Beneish M-Score depends on the Metals & Mining 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 Libra Energy Materials and its competitors. Libra Energy Materials'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 Libra Energy Materials stock overvalued right now?
Libra Energy Materials (LIBRF) has a current Beneish M-Score of 0.00. The current Beneish M-Score is 0.00. Libra Energy Materials' overall GF Score™ is 14/100. 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 Libra Energy Materials (LIBRF), the current Beneish M-Score is 0.00 as of Jun. 24, 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.

Libra Energy Materials Business Description

Other Exchanges W0R0:GermanyLIBR:Canada
Address 1177 West Hastings Street, Suite 2505, Vancouver, BC, CAN, V6E 2L3
Libra Energy Materials Inc is a junior mining company. The principal business of the Company is the identification, evaluation and acquisition of mineral properties, as well as exploration of mineral properties once acquired. The Company is an exploration stage company and is in the process of acquiring and exploring its mineral property interests. The Company's operations are mainly conducted in Canada and Brazil. The company's projects are KoBold Earn-In Projects, Flanders North & Flanders South Projects, SBC Project.
14GF Score

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Beneish M-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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