Lenta IPJSC Beneish M-Score Historical Data
The historical data trend for Lenta IPJSC'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.
Lenta IPJSC Beneish M-Score Chart
|
Lenta IPJSC Annual Data
|
|
Trend |
Dec12 |
Dec13 |
Dec14 |
Dec15 |
Dec16 |
Dec17 |
Dec18 |
Dec19 |
Dec20 |
Dec21 |
| Beneish M-Score |
|
Get a 7-Day Free Trial
|
|
|
-2.92 |
-2.84 |
-3.45 |
-2.49 |
-1.77 |
|
Lenta IPJSC Semi-Annual Data
|
|
Jun13 |
Dec13 |
Jun14 |
Dec14 |
Jun15 |
Dec15 |
Jun16 |
Dec16 |
Jun17 |
Dec17 |
Jun18 |
Dec18 |
Jun19 |
Dec19 |
Jun20 |
Dec20 |
Jun21 |
Dec21 |
Jun22 |
Jun23 |
| Beneish M-Score |
Get a 7-Day Free Trial
|
|
|
|
|
|
|
|
|
|
|
|
|
-2.49 |
0.00 |
-1.77 |
0.00 |
0.00 |
MIC:LENT vs DDS, M: Beneish M-Score Comparison
For the Department Stores subindustry, Lenta IPJSC'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.
Lenta IPJSC Beneish M-Score vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Lenta IPJSC's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Lenta IPJSC's Beneish M-Score falls into.
Lenta IPJSC 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 Lenta IPJSC 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 * 1.1089 | + | 0.528 * 0.9925 | + | 0.404 * 3.2199 | + | 0.892 * 1.0855 | + | 0.115 * 0.9962 |
| - | 0.172 * SGAI | + | 4.679 * TATA | - | 0.327 * LVGI |
| - | 0.172 * 1.0503 | + | 4.679 * -0.073989 | - | 0.327 * 1.0437 |
| = | -1.78 |
* 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 (Dec21) TTM: | Last Year (Dec20) TTM: |
Total Receivables was ₽13,125 Mil.
Revenue was ₽483,641 Mil.
Gross Profit was ₽111,361 Mil.
Total Current Assets was ₽101,007 Mil.
Total Assets was ₽343,288 Mil.
Property, Plant and Equipment(Net PPE) was ₽230,269 Mil.
Depreciation, Depletion and Amortization(DDA) was ₽21,627 Mil.
Selling, General, & Admin. Expense(SGA) was ₽27,703 Mil.
Total Current Liabilities was ₽107,276 Mil.
Long-Term Debt & Capital Lease Obligation was ₽121,062 Mil.
Net Income was ₽12,480 Mil.
Gross Profit was ₽0 Mil.
Cash Flow from Operations was ₽37,879 Mil.
|
Total Receivables was ₽10,903 Mil.
Revenue was ₽445,544 Mil.
Gross Profit was ₽101,816 Mil.
Total Current Assets was ₽77,205 Mil.
Total Assets was ₽278,461 Mil.
Property, Plant and Equipment(Net PPE) was ₽198,230 Mil.
Depreciation, Depletion and Amortization(DDA) was ₽18,540 Mil.
Selling, General, & Admin. Expense(SGA) was ₽24,297 Mil.
Total Current Liabilities was ₽100,189 Mil.
Long-Term Debt & Capital Lease Obligation was ₽77,268 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) |
| = | (13124.546 / 483640.887) | / | (10902.839 / 445543.829) |
| = | 0.027137 | / | 0.024471 |
| | = | 1.1089 |
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) |
| = | (101815.643 / 445543.829) | / | (111360.64 / 483640.887) |
| = | 0.22852 | / | 0.230255 |
| | = | 0.9925 |
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 - (101007.437 + 230268.705) / 343288.021) | / | (1 - (77205.042 + 198229.997) / 278461.182) |
| = | 0.034991 | / | 0.010867 |
| | = | 3.2199 |
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 |
| = | 483640.887 | / | 445543.829 |
| | = | 1.0855 |
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)) |
| = | (18540.233 / (18540.233 + 198229.997)) | / | (21626.854 / (21626.854 + 230268.705)) |
| = | 0.085529 | / | 0.085856 |
| | = | 0.9962 |
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) |
| = | (27702.617 / 483640.887) | / | (24297.482 / 445543.829) |
| = | 0.057279 | / | 0.054534 |
| | = | 1.0503 |
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) |
| = | ((121062.176 + 107275.971) / 343288.021) | / | ((77268.112 + 100189.171) / 278461.182) |
| = | 0.66515 | / | 0.637278 |
| | = | 1.0437 |
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 |
| = | (12479.546 - 0 | - | 37878.985) | / | 343288.021 |
| | = | -0.073989 |
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.
Lenta IPJSC has a M-score of -1.78 suggests that the company is unlikely to be a manipulator.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MIC:LENT has been successfully added to your 