WindGen Energy (WindGen Energy) Beneish M-Score : 0.00 (As of May. 24, 2024)

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What is WindGen Energy 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 WindGen Energy's Beneish M-Score or its related term are showing as below:

During the past 13 years, the highest Beneish M-Score of WindGen Energy was 0.00. The lowest was 0.00. And the median was 0.00.

WindGen Energy Beneish M-Score Historical Data

The historical data trend for WindGen Energy'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.

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WindGen Energy Beneish M-Score Chart

WindGen Energy Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec19

Dec20

Dec21

Beneish M-Score

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WindGen Energy Quarterly Data
	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Beneish M-Score	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of WindGen Energy's Beneish M-Score

For the Shell Companies subindustry, WindGen Energy'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.

WindGen Energy's Beneish M-Score Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, WindGen Energy's Beneish M-Score distribution charts can be found below:

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

WindGen Energy 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 WindGen Energy 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 (Sep22) TTM:

Last Year (Sep21) TTM:

Total Receivables was $0.00 Mil.
Revenue was 0 + 0 + 0 + 0 = $0.00 Mil.
Gross Profit was 0 + 0 + 0 + 0 = $0.00 Mil.
Total Current Assets was $0.01 Mil.
Total Assets was $0.01 Mil.
Property, Plant and Equipment(Net PPE) was $0.00 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.00 Mil.
Selling, General, & Admin. Expense(SGA) was $0.00 Mil.
Total Current Liabilities was $0.40 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Net Income was -0.005 + -0.005 + -0.028 + 0.112 = $0.07 Mil.
Non Operating Income was 0 + 0 + 0 + 0 = $0.00 Mil.
Cash Flow from Operations was -0.001 + -0.004 + -0.017 + -0.036 = $-0.06 Mil.

Total Receivables was $0.00 Mil.
Revenue was 0 + 0 + 0 + 0 = $0.00 Mil.
Gross Profit was 0 + 0 + 0 + 0 = $0.00 Mil.
Total Current Assets was $0.01 Mil.
Total Assets was $0.01 Mil.
Property, Plant and Equipment(Net PPE) was $0.00 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.00 Mil.
Selling, General, & Admin. Expense(SGA) was $0.00 Mil.
Total Current Liabilities was $0.48 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 / 0)	/	(0 / 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 / 0)	/	(0 / 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 - (0.005 + 0) / 0.005)	/	(1 - (0.005 + 0) / 0.005)
	=	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
	=	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 / (0 + 0))	/	(0 / (0 + 0))
	=		/
	=

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)
	=	(0 / 0)	/	(0 / 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 + 0.403) / 0.005)	/	((0 + 0.477) / 0.005)
	=	80.6	/	95.4
	=

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
	=	(0.074 - 0	-	-0.058)	/	0.005
	=	26.4

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.

WindGen Energy Beneish M-Score Related Terms

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WindGen Energy (WindGen Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » WindGen Energy Inc (OTCPK:WGEI) » Definitions » Beneish M-Score

Comparable Companies

Traded in Other Exchanges

N/A

Address

8432 E. Shea Boulevard, Suite 101, Scottsdale, AZ, USA, 85260

Website

http://www.windgenenergy.com

WindGen Energy Inc is a shell company.

Executives

Ronald Conquest	director, 10 percent owner, officer: Chairman and CEO (*)	3104 E. CAMELBACK ROAD, SUITE 242, PHOENIX AZ 85016
Law Investments Cr, S.a.	10 percent owner	15029 N. THOMPSON PEAK PARKWAY, SUITE B-111-520, SCOTTSDALE AZ 85260
Wendy Carriere	director, officer: Secretary/Treasurer, CFO	14550 N. FRANK LLOYD WRIGHT BLVD., SUITE 100, SCOTTSDALE AZ 85260
Chi Lin Technology Co., Ltd.	10 percent owner	NO.18, SHENG LI 1ST ST., JEN TE HSIANG, TAINAN COUNTY 71758, TAIWAN F4 00000
David P Martin	director, officer: President	665 PALOMA COURT, BOULDER CITY NV 89005
Christopher R. Miller	director, officer: Secretary/Treasurer; CFO	3875 EAST EVERETT DRIVE, PHOENIX AZ 85032
Wayne R. Myers	director, officer: President; Prin Oper Officer	193A SUSSEX GARDENS, LONDON X0 W2 2RJ
Sng Consulting Llc	10 percent owner	15029 THOMPSON PEAK PKWY, B111-520, SCOTTSDALE AZ 85250
Ashley Conquest	10 percent owner	3104 E. CAMELBACK ROAD, SUITE 242, PHOENIX AZ 85016
Sheng Jung Chiang	director	NO. 71, TE LUN RD., JEN TE HSIANG, TAINAN COUNTY F5 717
Mao-song Lee	director	NO. 71, TE LUN RD., JEN TE HSIANG, TAINAN COUNTY F5 717
Richard Kent Bruggeman	director, officer: Secretary/Treasurer	3167 S. 2850 E., SALT LAKE CITY UT 84109
Ralph Hoyt Henson	director, officer: President & CEO	3092 TANGLEWOOD DRIVE, LAYTON UT 84040
Larry E Clark	director, 10 percent owner	1036 OAKHILLS WAY, SALT LAKE CITY UT 84108

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