SUFF (Ophir Resources Co) Beneish M-Score: 0.00 (As of Jun. 26, 2026)


What is Ophir Resources Co Beneish M-Score?

Ophir Resources Co SUFF -99.50% Beneish M-Score is 0.00 as of Jun. 26, 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 Ophir Resources Co's Beneish M-Score or its related term are showing as below:

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

Ophir Resources Co Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Ophir Resources 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.

Ophir Resources Co Beneish M-Score Chart

Ophir Resources Co Annual Data
Trend Dec94 Dec95 Dec96 Dec97
Beneish M-Score
0.00 0.00 0.00 0.00

Ophir Resources Co Quarterly Data
Mar94 Jun94 Sep94 Dec94 Mar95 Jun95 Sep95 Dec95 Mar96 Jun96 Sep96 Dec96 Mar97 Jun97 Sep97 Dec97 Mar98 Jun98
Beneish M-Score Get a 7-Day Free Trial 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 0.00 0.00 0.00 0.00 0.00

Ophir Resources Co Beneish M-Score Competitor Comparison

For the Apparel Manufacturing subindustry, Ophir Resources 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.

Ophir Resources Co Beneish M-Score vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ophir Resources Co's Beneish M-Score distribution charts can be found below:

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


Ophir Resources 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 Ophir Resources Co 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+0.528 * -2.475+0.404 * 1.5769+0.892 * 4.125+0.115 * 1.0232
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0.1408+4.679 * -0.144231-0.327 * 1.9651
=-2.13

* 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 (Jun98) TTM:Last Year (Jun97) TTM:
Total Receivables was $1.40 Mil.
Revenue was 1 + 0.9 + 0.9 + 0.5 = $3.30 Mil.
Gross Profit was 0.9 + 0.7 + 0.8 + 0.1 = $2.50 Mil.
Total Current Assets was $12.00 Mil.
Total Assets was $20.80 Mil.
Property, Plant and Equipment(Net PPE) was $7.80 Mil.
Depreciation, Depletion and Amortization(DDA) was $3.00 Mil.
Selling, General, & Admin. Expense(SGA) was $11.50 Mil.
Total Current Liabilities was $7.60 Mil.
Long-Term Debt & Capital Lease Obligation was $0.50 Mil.
Net Income was -10.8 + -9.1 + -10 + -8.5 = $-38.40 Mil.
Non Operating Income was -1.3 + 0.2 + 0.3 + 0.4 = $-0.40 Mil.
Cash Flow from Operations was -8.6 + -8.4 + -9.7 + -8.3 = $-35.00 Mil.
 Total Receivables was $0.00 Mil.
Revenue was 0.3 + 0.3 + 0.1 + 0.1 = $0.80 Mil.
Gross Profit was -0.1 + -0.2 + -0.6 + -0.6 = $-1.50 Mil.
Total Current Assets was $25.00 Mil.
Total Assets was $32.80 Mil.
Property, Plant and Equipment(Net PPE) was $6.80 Mil.
Depreciation, Depletion and Amortization(DDA) was $2.70 Mil.
Selling, General, & Admin. Expense(SGA) was $19.80 Mil.
Total Current Liabilities was $4.50 Mil.
Long-Term Debt & Capital Lease Obligation was $2.00 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)
=(1.4 / 3.3) / (0 / 0.8)
=0.424242 / 0
=1

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)
=(-1.5 / 0.8) / (2.5 / 3.3)
=-1.875 / 0.757576
=-2.475

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 - (12 + 7.8) / 20.8) / (1 - (25 + 6.8) / 32.8)
=0.048077 / 0.030488
=1.5769

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
=3.3 / 0.8
=4.125

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))
=(2.7 / (2.7 + 6.8)) / (3 / (3 + 7.8))
=0.284211 / 0.277778
=1.0232

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)
=(11.5 / 3.3) / (19.8 / 0.8)
=3.484848 / 24.75
=0.1408

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)
=((0.5 + 7.6) / 20.8) / ((2 + 4.5) / 32.8)
=0.389423 / 0.198171
=1.9651

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
=(-38.4 - -0.4 - -35) / 20.8
=-0.144231

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.

Ophir Resources Co has a M-score of -2.13 suggests that the company is unlikely to be a manipulator.

Frequently Asked Questions Learn more about Beneish M-Score →
What does a Beneish M-Score of 0.00 mean?
Ophir Resources Co (SUFF) has a Beneish M-Score of 0.00 as of Jun. 26, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Ophir Resources Co and its competitors.
Is Ophir Resources Co's Beneish M-Score too high?
Ophir Resources Co's current Beneish M-Score is 0.00.
How does Ophir Resources Co's Beneish M-Score compare to competitors?
Ophir Resources Co's Beneish M-Score of 0.00 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Beneish M-Score depends on the Manufacturing - Apparel & Accessories 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 Ophir Resources Co and its competitors. Ophir Resources Co'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 Ophir Resources Co stock overvalued right now?
Ophir Resources Co (SUFF) 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 Ophir Resources Co (SUFF), the current Beneish M-Score is 0.00 as of Jun. 26, 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.

Ophir Resources Co Business Description

Address 701 South Howard Avenue, Suite 106-414, Tampa, FL, USA, 33606
Ophir Resources Co is an apparel design and manufacturer company. It manufactures men's and women's clothing.