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Creek Road Miners Beneish M-Score

: 0.72 (As of Today)
View and export this data going back to 2008. Start your Free Trial

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.

Warning Sign:

Beneish M-Score 0.72 higher than -1.78, which implies that the company might have manipulated its financial results.

The historical rank and industry rank for Creek Road Miners's Beneish M-Score or its related term are showing as below:

OTCPK:CRKR' s Beneish M-Score Range Over the Past 10 Years
Min: -15.53   Med: -2.97   Max: 221.36
Current: 0.72

-15.53
221.36

During the past 13 years, the highest Beneish M-Score of Creek Road Miners was 221.36. The lowest was -15.53. And the median was -2.97.


Creek Road Miners Beneish M-Score Historical Data

The historical data trend for Creek Road Miners'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.

* Premium members only.

Creek Road Miners Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Beneish M-Score
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.05 221.36 -7.59 -4.88 3.21

Creek Road Miners Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
Beneish M-Score Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.51 4.72 3.21 -5.52 0.72

Competitive Comparison

For the Capital Markets subindustry, Creek Road Miners'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.

   

Creek Road Miners Beneish M-Score Distribution

For the Capital Markets industry and Financial Services sector, Creek Road Miners's Beneish M-Score distribution charts can be found below:

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



Creek Road Miners 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 Creek Road Miners 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 * 13.5491+0.528 * 0.2466+0.404 * 1.1014+0.892 * 0.2157+0.115 * 1.4722
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 11.7725+4.679 * -1.1632-0.327 * 1.141
=0.72

* 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 (Jun21) TTM:Last Year (Jun20) TTM:
Accounts Receivable was $0.04 Mil.
Revenue was 0.227 + 0.379 + 0.498 + 0.601 = $1.71 Mil.
Gross Profit was 0.061 + 0.082 + 0.272 + 0.327 = $0.74 Mil.
Total Current Assets was $2.27 Mil.
Total Assets was $2.67 Mil.
Property, Plant and Equipment(Net PPE) was $0.25 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.03 Mil.
Selling, General, & Admin. Expense(SGA) was $6.47 Mil.
Total Current Liabilities was $6.62 Mil.
Long-Term Debt & Capital Lease Obligation was $2.78 Mil.
Net Income was -1.853 + -2.469 + -0.623 + -0.744 = $-5.69 Mil.
Non Operating Income was 0.007 + 0.829 + 0 + 0 = $0.84 Mil.
Cash Flow from Operations was -1.561 + -1.185 + -0.2 + -0.472 = $-3.42 Mil.
Accounts Receivable was $0.01 Mil.
Revenue was 0.816 + 2.602 + 1.655 + 2.83 = $7.90 Mil.
Gross Profit was 0.335 + 0.578 + -0.168 + 0.103 = $0.85 Mil.
Total Current Assets was $2.91 Mil.
Total Assets was $3.26 Mil.
Property, Plant and Equipment(Net PPE) was $0.19 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.04 Mil.
Selling, General, & Admin. Expense(SGA) was $2.55 Mil.
Total Current Liabilities was $7.93 Mil.
Long-Term Debt & Capital Lease Obligation was $2.12 Mil.




1. DSRI = Days Sales in Receivables Index

Measured as the ratio of Revenue in Accounts Receivable 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)
=(0.038 / 1.705) / (0.013 / 7.903)
=0.02228739 / 0.00164494
=13.5491

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)
=(0.848 / 7.903) / (0.742 / 1.705)
=0.10730102 / 0.43519062
=0.2466

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 - (2.274 + 0.249) / 2.671) / (1 - (2.906 + 0.19) / 3.26)
=0.05540996 / 0.05030675
=1.1014

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
=1.705 / 7.903
=0.2157

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))
=(0.037 / (0.037 + 0.19)) / (0.031 / (0.031 + 0.249))
=0.16299559 / 0.11071429
=1.4722

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)
=(6.474 / 1.705) / (2.549 / 7.903)
=3.79706745 / 0.32253575
=11.7725

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)
=((2.78 + 6.615) / 2.671) / ((2.119 + 7.931) / 3.26)
=3.51740921 / 3.08282209
=1.141

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
=(-5.689 - 0.836 - -3.418) / 2.671
=-1.1632

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.

Creek Road Miners has a M-score of 0.72 signals that the company is likely to be a manipulator.


Creek Road Miners Beneish M-Score Related Terms

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Creek Road Miners Business Description

Creek Road Miners logo
Industry
Financial Services » Capital Markets NAICS : 523130 SIC : 6221
Traded in Other Exchanges
N/A
Address
2700 Homestead Road, Park City, UT, USA, 84098
Wizard Brands Inc produces live pop culture conventions (Comic Conventions) across the United States that provide a social networking and entertainment venue for enthusiasts of movies, TV shows, video games, technology, toys, social networking, gaming, comic books, and graphic novels. Its Comic Conventions provide an opportunity for companies in the entertainment, toy, gaming, publishing, and retail business to carry out sales, marketing, product promotion, public relations, advertising, and sponsorship efforts. The company receives revenue from its Comic Conventions from three sources namely consumer admissions; exhibitor booth sales; and national and/or regional sponsorships.
Executives
Kessler Paul 10 percent owner, officer: Executive Chairman 662 N. SEPULVEDA BLVD., SUITE 300 LOS ANGELES CA 90049
Macaluso John Michael other: Former 10% owner C/O WIZARD WORLD, INC. 2201 PARK PLACE, SUITE 101 EL SEGUNDO CA 90245
Malinoff Randall S officer: Chief Operating Officer 25262 PRADO DE LA PUMA CALABASAS CA 91302
Maatta John D director, officer: President & CEO 15266 VALLEY VISTA BLVD SHERMAN OAKS CA 91403
Mats Vadim director 285 GRAND AVENUE ENGLEWOOD NJ 07631
Suess Gregory director 9701 WILSHIRE BLVD 8TH FLOOR BEVERLY HILLS CA 90212
Bristol Capital Llc 10 percent owner PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: BRISTOL CAPITAL LLC a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Shamus Kenneth director 11 DEER HORN TRAIL UPPER SADDLE RIVER NJ 07458
Bristol Investment Fund Ltd 10 percent owner 89 NEXUS WAY CAMANA BAY, PO BOX 311063 GRAND CAYMAN E9 KY1-1205
Mathews Michael director 257 PARK AVENUE SOUTH SUITE 602 NEW YORK NY 10010
Fields Terry R director, officer: CEO and CFO 3960 HOWARD HUGHES PKWY #500 LAS VEGAS NV 89169
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