RTSO (RTS Oil Holdings) Beneish M-Score: 0.00 (As of Jun. 25, 2026)

What is RTS Oil Holdings Beneish M-Score?

RTS Oil Holdings RTSO Beneish M-Score is 0.00 as of Jun. 25, 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 RTS Oil Holdings's Beneish M-Score or its related term are showing as below:

During the past 6 years, the highest Beneish M-Score of RTS Oil Holdings was 0.00. The lowest was 0.00. And the median was 0.00.

RTS Oil Holdings Beneish M-Score Related Terms

RTS Oil Holdings Beneish M-Score Historical Data

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The historical data trend for RTS Oil 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.

RTS Oil Holdings Beneish M-Score Chart

RTS Oil Holdings Annual Data

Trend

Mar08

Mar09

Mar10

Mar11

Mar12

Mar13

Beneish M-Score

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0.00

-0.79

-7.13

9.89

RTS Oil Holdings Quarterly Data
	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13
Beneish M-Score	Get a 7-Day Free Trial															67.33	9.89	1,118.43	1,098.35	725.94

RTSO vs MARPS, FSNR, SMGI: Beneish M-Score Comparison

For the Oil & Gas Equipment & Services subindustry, RTS Oil 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.

RTS Oil Holdings Beneish M-Score vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, RTS Oil Holdings's Beneish M-Score distribution charts can be found below:

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

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RTS Oil 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 RTS Oil Holdings 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 * 816.4824

0.528 * 0.249

0.404 * 1.1385

0.892 * 0.2019

0.115 * 0.4231

0.172 * SGAI

4.679 * TATA

0.327 * LVGI

0.172 * 1.2904

4.679 * 0.184665

0.327 * 0.8265

747.52

This Year (Dec13) TTM:

Last Year (Dec12) TTM:

Total Receivables was $5.44 Mil.
Revenue was 29.009 + 22.993 + 17.546 + -57.82 = $11.73 Mil.
Gross Profit was 7.822 + 5.121 + 2.557 + -8.678 = $6.82 Mil.
Total Current Assets was $75.75 Mil.
Total Assets was $82.84 Mil.
Property, Plant and Equipment(Net PPE) was $4.40 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.48 Mil.
Selling, General, & Admin. Expense(SGA) was $1.22 Mil.
Total Current Liabilities was $59.38 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Net Income was 2.915 + 0.844 + -0.242 + -0.441 = $3.08 Mil.
Non Operating Income was -0.031 + 0.019 + 0.14 + -0.563 = $-0.44 Mil.
Cash Flow from Operations was -1.44 + 0.801 + -13.794 + 2.646 = $-11.79 Mil.

Total Receivables was $0.03 Mil.
Revenue was 20.727 + 15.577 + 21.677 + 0.115 = $58.10 Mil.
Gross Profit was 2.981 + 1.547 + 4.214 + -0.327 = $8.42 Mil.
Total Current Assets was $0.15 Mil.
Total Assets was $4.27 Mil.
Property, Plant and Equipment(Net PPE) was $4.00 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.18 Mil.
Selling, General, & Admin. Expense(SGA) was $4.67 Mil.
Total Current Liabilities was $3.70 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)
	=	(5.439 / 11.728)	/	(0.033 / 58.096)
	=	0.463762	/	0.000568
	=	816.4824

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)
	=	(8.415 / 58.096)	/	(6.822 / 11.728)
	=	0.144846	/	0.581685
	=	0.249

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 - (75.747 + 4.397) / 82.842)	/	(1 - (0.147 + 3.996) / 4.265)
	=	0.032568	/	0.028605
	=	1.1385

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
	=	11.728	/	58.096
	=	0.2019

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))
	=	(0.175 / (0.175 + 3.996))	/	(0.484 / (0.484 + 4.397))
	=	0.041956	/	0.09916
	=	0.4231

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)
	=	(1.217 / 11.728)	/	(4.672 / 58.096)
	=	0.103769	/	0.080419
	=	1.2904

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 + 59.384) / 82.842)	/	((0 + 3.699) / 4.265)
	=	0.716834	/	0.867292
	=	0.8265

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
	=	(3.076 - -0.435	-	-11.787)	/	82.842
	=	0.184665

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.

RTS Oil Holdings has a M-score of 747.52 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?

RTS Oil Holdings (RTSO) has a Beneish M-Score of 0.00 as of Jun. 25, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on RTS Oil Holdings and its competitors.

Is RTS Oil Holdings' Beneish M-Score too high?

RTS Oil Holdings' current Beneish M-Score is 0.00.

How does RTS Oil Holdings' Beneish M-Score compare to MARPS and FSNR?

RTS Oil Holdings' Beneish M-Score of 0.00 can be compared against companies in the Oil & Gas 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 an Oil & Gas company?

A good Beneish M-Score depends on the Oil & Gas 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 RTS Oil Holdings and its competitors. RTS Oil Holdings'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 RTS Oil Holdings stock overvalued right now?

RTS Oil Holdings (RTSO) 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 RTS Oil Holdings (RTSO), the current Beneish M-Score is 0.00 as of Jun. 25, 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.

RTS Oil Holdings Business Description

Industry Energy Oil & Gas

Comparable Companies MARPS ASX:TIH FSNR XCNQ:OPI SMGI BOM:500313 FOSI SGX:5OR TSX:CSM XKLS:7251 XPAR:ALDIE KEG TSXV:ZDC SGX:5OQ BSP:OSXB3 ALYE GLFH PKDSQ BSE:UZT BKK:PAE

Address 2319 Foothill Drive, Suite 160, Salt Lake City, UT, USA, 84109

Website http://www.geopointtech.com

RTS Oil Holdings Inc provides geological and earth study services related to land surveying for new construction, soil testing & environmental risk & impact assessments, and natural resource assessments with an emphasis on oil & gas deposit discovery.