VSST (Voice Assist) Beneish M-Score: 0.00 (As of Jun. 26, 2026)


What is Voice Assist Beneish M-Score?

Voice Assist VSST -19.64% 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 Voice Assist's Beneish M-Score or its related term are showing as below:

During the past 5 years, the highest Beneish M-Score of Voice Assist was 0.00. The lowest was 0.00. And the median was 0.00.

Voice Assist Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Voice Assist'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.

Voice Assist Beneish M-Score Chart

Voice Assist Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12
Beneish M-Score
0.00 0.00 0.00 -36.48 -17.84

Voice Assist Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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 -21.51 -17.84 -21.51 -27.96 -34.28

VSST vs FULO, DIRV, TOWTF: Beneish M-Score Comparison

For the Software - Application subindustry, Voice Assist'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.

Voice Assist Beneish M-Score vs Software Industry

For the Software industry and Technology sector, Voice Assist's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Voice Assist's Beneish M-Score falls into.


Voice Assist 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 Voice Assist 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 * 0.4445+0.528 * -1.7872+0.404 * 0.5135+0.892 * 0.5727+0.115 * 0.706
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.1928+4.679 * -4.668831-0.327 * 7.3531
=-29.03

* 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 (Sep13) TTM:Last Year (Sep12) TTM:
Total Receivables was $0.03 Mil.
Revenue was 0.045 + 0.074 + 0.067 + 0.141 = $0.33 Mil.
Gross Profit was -0.013 + -0.023 + -0.04 + 0.018 = $-0.06 Mil.
Total Current Assets was $0.11 Mil.
Total Assets was $0.31 Mil.
Property, Plant and Equipment(Net PPE) was $0.10 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.25 Mil.
Selling, General, & Admin. Expense(SGA) was $2.06 Mil.
Total Current Liabilities was $1.82 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Net Income was -0.595 + -0.592 + -0.571 + -1.032 = $-2.79 Mil.
Non Operating Income was -0.001 + 0 + 0 + -0.35 = $-0.35 Mil.
Cash Flow from Operations was -0.363 + -0.282 + -0.183 + -0.173 = $-1.00 Mil.
 Total Receivables was $0.11 Mil.
Revenue was 0.161 + 0.129 + 0.134 + 0.147 = $0.57 Mil.
Gross Profit was 0.079 + 0.053 + 0.058 + -0.009 = $0.18 Mil.
Total Current Assets was $0.21 Mil.
Total Assets was $0.99 Mil.
Property, Plant and Equipment(Net PPE) was $0.16 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.17 Mil.
Selling, General, & Admin. Expense(SGA) was $3.02 Mil.
Total Current Liabilities was $0.80 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)
=(0.028 / 0.327) / (0.11 / 0.571)
=0.085627 / 0.192644
=0.4445

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)
=(0.181 / 0.571) / (-0.058 / 0.327)
=0.316988 / -0.17737
=-1.7872

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 - (0.114 + 0.095) / 0.308) / (1 - (0.213 + 0.158) / 0.992)
=0.321429 / 0.626008
=0.5135

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
=0.327 / 0.571
=0.5727

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))
=(0.167 / (0.167 + 0.158)) / (0.254 / (0.254 + 0.095))
=0.513846 / 0.727794
=0.706

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)
=(2.063 / 0.327) / (3.02 / 0.571)
=6.308869 / 5.288967
=1.1928

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 + 1.815) / 0.308) / ((0 + 0.795) / 0.992)
=5.892857 / 0.801411
=7.3531

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
=(-2.79 - -0.351 - -1.001) / 0.308
=-4.668831

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.

Voice Assist has a M-score of -29.03 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?
Voice Assist (VSST) 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 Voice Assist and its competitors.
Is Voice Assist's Beneish M-Score too high?
Voice Assist's current Beneish M-Score is 0.00.
How does Voice Assist's Beneish M-Score compare to FULO and DIRV?
Voice Assist's Beneish M-Score of 0.00 can be compared against companies in the Software 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 Software company?
A good Beneish M-Score depends on the Software 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 Voice Assist and its competitors. Voice Assist'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 Voice Assist stock overvalued right now?
Voice Assist (VSST) 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 Voice Assist (VSST), 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.

Voice Assist Business Description

Address Raoul Wallenberg Street 20, Tel Aviv, ISR, 6971916
Voice Assist Inc provides hosted software services used by small business clients and individual salespeople and/or mobile professionals. Its technology originally focused on the use of voice commands to text, email, tweet, post, call, retrieve messages, manage communications and interact with CRM services by allowing them to read, write to databases by voice. The company is currently considering the completion and distribution of a music composition app. In addition, the company also holds an option to purchase 3 placer gold mining claims in the Spring Valley Mining District, Pershing County, Nevada.