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Screaming Eagle Acquisition (Screaming Eagle Acquisition) Beneish M-Score : 0.00 (As of Jun. 01, 2024)


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What is Screaming Eagle Acquisition 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 Screaming Eagle Acquisition's Beneish M-Score or its related term are showing as below:

During the past 3 years, the highest Beneish M-Score of Screaming Eagle Acquisition was 0.00. The lowest was 0.00. And the median was 0.00.

Screaming Eagle Acquisition Beneish M-Score Historical Data

The historical data trend for Screaming Eagle Acquisition'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.

Screaming Eagle Acquisition Beneish M-Score Chart

Screaming Eagle Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Beneish M-Score
- - -

Screaming Eagle Acquisition Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Beneish M-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Screaming Eagle Acquisition's Beneish M-Score

For the Shell Companies subindustry, Screaming Eagle Acquisition'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.

Screaming Eagle Acquisition's Beneish M-Score Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Screaming Eagle Acquisition's Beneish M-Score falls into.


Screaming Eagle Acquisition 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 Screaming Eagle Acquisition 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 (Mar24) TTM:Last Year (Mar23) 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 $0.52 Mil.
Total Assets was $804.74 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 $8.05 Mil.
Total Current Liabilities was $25.86 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Net Income was 5.162 + -10.319 + 9.156 + 9.855 = $13.85 Mil.
Non Operating Income was -0.911 + 2.07 + -0.352 + 1.173 = $1.98 Mil.
Cash Flow from Operations was -0.562 + -1.059 + -0.201 + -0.313 = $-2.14 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 $0.57 Mil.
Total Assets was $768.11 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 $1.38 Mil.
Total Current Liabilities was $0.50 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 - (0.515 + 0) / 804.744) / (1 - (0.572 + 0) / 768.114)
=0.99936 / 0.999255
=

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)
=(8.046 / 0) / (1.376 / 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 + 25.857) / 804.744) / ((0 + 0.501) / 768.114)
=0.032131 / 0.000652
=

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
=(13.854 - 1.98 - -2.135) / 804.744
=0.017408

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.

Screaming Eagle Acquisition Beneish M-Score Related Terms

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Screaming Eagle Acquisition (Screaming Eagle Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Screaming Eagle Acquisition Corp (NAS:SCRM) » Definitions » Beneish M-Score
Comparable Companies
CVII AAC GHIX ALCC AACT DWAC SAGA HCVI TRTL CCVI PBAJ SVMB LSE:ADMR SLAM NETD CXAC NFNT APGB KCGI CNDA
Traded in Other Exchanges
N/A
Address
955 Fifth Avenue, New York, NY, USA, 10075
Website
Screaming Eagle Acquisition Corp is a blank check company.
Executives
Joshua A Kazam director 689 5TH AVENUE, 12TH FLOOR, NEW YORK NY 10022
Harry Sloan director, officer: Chairman 1450 2ND STREET, SUITE 247, SANTA MONICA CA 90401
Jeffrey Sagansky director 1450 2ND STREET, SUITE 247, SANTA MONICA CA 90401
Eli Baker director, officer: Chief Executive Officer 416 BEIRUT AVENUE, PACIFIC PALISADES CA 90272
Isaac Lee director 605 THIRD AVENUE, 33RD FLOOR, NEW YORK NY 10158
Eagle Equity Partners V, Llc director, 10 percent owner, other: Director by Deputization C/O SCREAMING EAGLE ACQUISITION CORP., 955 FIFTH AVENUE, NEW YORK NY 10075
Paul Buccieri director C/O SCREAMING EAGLE ACQUISITION CORP., 955 FIFTH AVENUE, NEW YORK NY 10075
Bolles Amy Gershkoff director C/O SCREAMING EAGLE ACQUISITION CORP., 955 FIFTH AVENUE, NEW YORK NY 10075
Ryan O'connor officer: Vice President of Finance C/O SCREAMING EAGLE ACQUISITION CORP., 955 FIFTH AVENUE, NEW YORK NY 10075