Clean Life Co (SAU:9581) Beneish M-Score : 0.00 (As of Apr. 07, 2025)

View and export this data going back to 2023. Start your Free Trial

What is Clean Life Co Beneish M-Score?

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 Clean Life Co's Beneish M-Score or its related term are showing as below:

During the past 4 years, the highest Beneish M-Score of Clean Life Co was 0.00. The lowest was 0.00. And the median was 0.00.

Clean Life Co Beneish M-Score Historical Data

The historical data trend for Clean Life Co'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.

Clean Life Co Beneish M-Score Chart

Clean Life Co Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Beneish M-Score

Clean Life Co Semi-Annual Data
	Dec22	Jun23	Dec23	Jun24	Dec24
Beneish M-Score	-	-	-	-	-

Competitive Comparison of Clean Life Co's Beneish M-Score

For the Personal Services subindustry, Clean Life Co'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.

Clean Life Co's Beneish M-Score Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Clean Life Co's Beneish M-Score distribution charts can be found below:

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

Save Embed

;

Save Embed

;

Clean Life Co 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 Clean Life Co 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 *

0.528 *

0.404 *

0.892 *

0.115 *

0.172 * SGAI

4.679 * TATA

0.327 * LVGI

0.172 *

4.679 *

0.327 *

This Year (Dec24) TTM:

Last Year (Dec23) TTM:

Total Receivables was ﷼0.78 Mil.
Revenue was ﷼61.07 Mil.
Gross Profit was ﷼38.58 Mil.
Total Current Assets was ﷼8.09 Mil.
Total Assets was ﷼38.88 Mil.
Property, Plant and Equipment(Net PPE) was ﷼30.79 Mil.
Depreciation, Depletion and Amortization(DDA) was ﷼4.50 Mil.
Selling, General, & Admin. Expense(SGA) was ﷼19.62 Mil.
Total Current Liabilities was ﷼5.29 Mil.
Long-Term Debt & Capital Lease Obligation was ﷼8.08 Mil.
Net Income was ﷼11.47 Mil.
Gross Profit was ﷼0.00 Mil.
Cash Flow from Operations was ﷼14.94 Mil.

Total Receivables was ﷼0.74 Mil.
Revenue was ﷼49.31 Mil.
Gross Profit was ﷼30.34 Mil.
Total Current Assets was ﷼15.36 Mil.
Total Assets was ﷼28.07 Mil.
Property, Plant and Equipment(Net PPE) was ﷼12.71 Mil.
Depreciation, Depletion and Amortization(DDA) was ﷼3.90 Mil.
Selling, General, & Admin. Expense(SGA) was ﷼15.32 Mil.
Total Current Liabilities was ﷼5.52 Mil.
Long-Term Debt & Capital Lease Obligation was ﷼1.38 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)
	=	(0.783 / 61.074)	/	(0.744 / 49.31)
	=	0.012821	/	0.015088
	=

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)
	=	(30.343 / 49.31)	/	(38.583 / 61.074)
	=	0.615352	/	0.631742
	=

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 - (8.088 + 30.789) / 38.877)	/	(1 - (15.36 + 12.708) / 28.068)
	=	0	/	0
	=

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
	=	61.074	/	49.31
	=

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))
	=	(3.9 / (3.9 + 12.708))	/	(4.503 / (4.503 + 30.789))
	=	0.234827	/	0.127593
	=

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)
	=	(19.623 / 61.074)	/	(15.321 / 49.31)
	=	0.321299	/	0.310708
	=

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)
	=	((8.078 + 5.288) / 38.877)	/	((1.38 + 5.52) / 28.068)
	=	0.343802	/	0.245832
	=

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
	=	(11.471 - 0	-	14.94)	/	38.877
	=	-0.08923

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.

Clean Life Co Beneish M-Score Related Terms

Thank you for viewing the detailed overview of Clean Life Co's Beneish M-Score provided by GuruFocus.com. Please click on the following links to see related term pages.

Clean Life Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Clean Life Co (SAU:9581) » Definitions » Beneish M-Score

Comparable Companies

Traded in Other Exchanges

N/A

Address

PO.Box 4655, Al Rawabi District, Riyadh, SAU, 14214

Website

https://www.cleanlife.sa

Clean Life Co is a company specialized in providing general building cleaning activities, specialized building cleaning including chimneys, windows, etc., swimming pool cleaning and maintenance, and disinfection and fumigation activities to exterminate insects and rodents. The group's operations consist of one operational sector, which is general cleaning activities for buildings of all types.

Clean Life Co Headlines

No Headlines