VLTLF (LibertyStream Infrastructure Partners) Beneish M-Score: 0.00 (As of Jun. 24, 2026)


VLTLF LibertyStream Infrastructure Partners Inc VLTLF
26 GF Score
Price $0.78
! 3 Warning Signs
View Full Analysis

What is LibertyStream Infrastructure Partners Beneish M-Score?

LibertyStream Infrastructure Partners VLTLF -8.76% 26 Beneish M-Score is 0.00 as of Jun. 24, 2026. GuruFocus rates VLTLF with a GF Score™ of 26/100. The stock has 3 warning signs investors should review. Among 685 Metals & Mining companies, LibertyStream Infrastructure Partners ranks worse than 145985.26% on this metric.

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 LibertyStream Infrastructure Partners's Beneish M-Score or its related term are showing as below:

During the past 13 years, the highest Beneish M-Score of LibertyStream Infrastructure Partners was 0.00. The lowest was 0.00. And the median was 0.00.

LibertyStream Infrastructure Partners Beneish M-Score Historical Data

* Premium members only.

The historical data trend for LibertyStream Infrastructure Partners'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.

LibertyStream Infrastructure Partners Beneish M-Score Chart

LibertyStream Infrastructure Partners Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Dec25
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

LibertyStream Infrastructure Partners Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

LibertyStream Infrastructure Partners Beneish M-Score Competitor Comparison

For the Other Industrial Metals & Mining subindustry, LibertyStream Infrastructure Partners'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.

LibertyStream Infrastructure Partners Beneish M-Score vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, LibertyStream Infrastructure Partners's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where LibertyStream Infrastructure Partners's Beneish M-Score falls into.


VLTLF
26GF Score
LibertyStream Infrastructure Partners Inc VLTLF
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

LibertyStream Infrastructure Partners 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 LibertyStream Infrastructure Partners 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 * +0.528 * +0.404 * +0.892 * +0.115 *
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * +4.679 * -0.327 *
=

* 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 (Mar26) TTM:Last Year (Mar25) TTM:
Total Receivables was $0.08 Mil.
Revenue was 0 + 0 + 0 + 0 = $0.00 Mil.
Gross Profit was -0.21 + -0.199 + -0.223 + -0.222 = $-0.85 Mil.
Total Current Assets was $7.95 Mil.
Total Assets was $19.72 Mil.
Property, Plant and Equipment(Net PPE) was $9.67 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.83 Mil.
Selling, General, & Admin. Expense(SGA) was $8.76 Mil.
Total Current Liabilities was $4.25 Mil.
Long-Term Debt & Capital Lease Obligation was $0.14 Mil.
Net Income was -1.427 + -9.028 + -1.154 + -3.686 = $-15.30 Mil.
Non Operating Income was 6.44 + -6.595 + 0.208 + -2.37 = $-2.32 Mil.
Cash Flow from Operations was -4.759 + -2.601 + -1.171 + -1.258 = $-9.79 Mil.
 Total Receivables was $0.19 Mil.
Revenue was 0 + 0 + 0 + 0 = $0.00 Mil.
Gross Profit was -0.166 + -0.234 + -0.07 + -0.098 = $-0.57 Mil.
Total Current Assets was $2.07 Mil.
Total Assets was $10.51 Mil.
Property, Plant and Equipment(Net PPE) was $5.72 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.54 Mil.
Selling, General, & Admin. Expense(SGA) was $3.41 Mil.
Total Current Liabilities was $1.28 Mil.
Long-Term Debt & Capital Lease Obligation was $0.24 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)
=(0.084 / 0) / (0.19 / 0)
= /
=

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)
=(-0.568 / 0) / (-0.854 / 0)
= /
=

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 - (7.953 + 9.672) / 19.72) / (1 - (2.073 + 5.718) / 10.51)
=0.106237 / 0.258706
=

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
=0 / 0
=

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))
=(0.538 / (0.538 + 5.718)) / (0.828 / (0.828 + 9.672))
=0.085997 / 0.078857
=

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)
=(8.758 / 0) / (3.409 / 0)
= /
=

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)
=((0.143 + 4.245) / 19.72) / ((0.235 + 1.28) / 10.51)
=0.222515 / 0.144148
=

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
=(-15.295 - -2.317 - -9.789) / 19.72
=-0.161714

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.

Frequently Asked Questions Learn more about Beneish M-Score →
What does a Beneish M-Score of 0.00 mean?
LibertyStream Infrastructure Partners (VLTLF) has a Beneish M-Score of 0.00 as of Jun. 24, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on LibertyStream Infrastructure Partners and its competitors. According to the industry distribution chart, LibertyStream Infrastructure Partners ranks #999999 out of 685 companies in the Metals & Mining industry.
Is LibertyStream Infrastructure Partners' Beneish M-Score too high?
LibertyStream Infrastructure Partners' current Beneish M-Score is 0.00. Based on the distribution chart, LibertyStream Infrastructure Partners ranks #999999 out of 685 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, LibertyStream Infrastructure Partners has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does LibertyStream Infrastructure Partners' Beneish M-Score compare to competitors?
According to the Metals & Mining industry distribution chart, LibertyStream Infrastructure Partners ranks #999999 out of 685 companies for Beneish M-Score. This places LibertyStream Infrastructure Partners in the lower half of its 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 Metals & Mining company?
A good Beneish M-Score depends on the Metals & Mining 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 LibertyStream Infrastructure Partners and its competitors. LibertyStream Infrastructure Partners'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 LibertyStream Infrastructure Partners stock overvalued right now?
LibertyStream Infrastructure Partners (VLTLF) has a current Beneish M-Score of 0.00. The current Beneish M-Score is 0.00. LibertyStream Infrastructure Partners' overall GF Score™ is 26/100 with 3 warning signs to review. 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 LibertyStream Infrastructure Partners (VLTLF), the current Beneish M-Score is 0.00 as of Jun. 24, 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.

LibertyStream Infrastructure Partners Business Description

Other Exchanges 3ZM:GermanyLIB:Canada
Address 100 Crescent Court, 7th Floor, Dallas, TX, USA, 75201
LibertyStream Infrastructure Partners Inc is a lithium development and technology company focused on becoming a commercial producer of lithium carbonate from oilfield brine. The company processes existing oilfield brine production utilizing its direct lithium extraction (DLE) technology to extract lithium and convert the lithium chloride eluate into lithium carbonate. Its operations and activities currently include the build-out of its operations in the Permian basin in Texas. The company has one reportable operating segment: lithium production and extraction in the United States of America.
26GF Score

Get the complete analysis for VLTLF

Beneish M-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.78
Price