Blue Hat Interactive Entertainment Technology
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Blue Hat Interactive Entertainment Technology (BHATF) Piotroski F-score
Blue Hat Interactive Entertainment Technology's Piotroski F-score for fiscal 2024 is 4 out of 9: 4 of nine tests of profitability, leverage and efficiency passed, unchanged from fiscal 2023.
Piotroski F-score, annual
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Annual newest first
| Period | Piotroski F-score | Change (points) |
|---|---|---|
| FY2024 | 4 | 0.00 |
| FY2023 | 4 | 0.00 |
| FY2022 | 4 | 3.00 |
| FY2021 | 1 | (1.00) |
| FY2020 | 2 | (4.00) |
| FY2019 | 6 | 0.00 |
| FY2018 | 6 | — |
How fiscal 2024’s score is made up
| Test | This year | Year before | Result | Points |
|---|---|---|---|---|
| Positive return on assets | (15.30%) | (46.20%) | Fail | 0 |
| Positive operating cash flow | (885.00k) | (2.11m) | Fail | 0 |
| Rising return on assets | (15.30%) | (46.20%) | Pass | 1 |
| Cash flow above net income | 8.64m | 17.19m | Pass | 1 |
| Falling long-term leverage | 0.01 | 0.02 | Pass | 1 |
| Rising current ratio | 1.72 | 6.93 | Fail | 0 |
| No new shares issued | 11,700 | 5,900 | Fail | 0 |
| Rising gross margin | 8.26% | 1.57% | Pass | 1 |
| Rising asset turnover | 0.30 | 1.76 | Fail | 0 |
| Piotroski F-score | Mixed | 4 | ||
How the Piotroski F-score works
One point for each of nine tests, this fiscal year against the one before: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, a rising current ratio, no new shares issued, a rising gross margin and rising asset turnover. The ratios are the ones on this site, so each can be checked.
Joseph Piotroski (2000) called 8–9 high and 0–1 low; reading it in three bands is the common convention:
| 7–9 | Strong — most fundamentals improved |
|---|---|
| 4–6 | Mixed |
| 0–3 | Weak — most fundamentals deteriorated |
Where this differs from the paper: return on assets is on average rather than beginning-of-year assets, and weighted basic shares stand in for shares issued. The score is shown only when all nine tests can be worked out, which takes three fiscal years; banks and insurers, which report no current assets or gross profit, have none.
Piotroski F-score against peers
| Company | Piotroski F-score |
|---|---|
| GMHS Gamehaus Holdings Inc. compare | 7 |
| MSGM Motorsport Games Inc. compare | 7 |
| GIGM GigaMedia Limited compare | 5 |
| GDC GD Culture Group Limited compare | 5 |
| GXAI Gaxos.ai Inc. compare | 4 |
| BHATF Blue Hat Interactive Entertainment Technology | 4 |
| HODO House of Doge Inc. compare | 3 |
| SNAL Snail, Inc. compare | 2 |
| MGAM Mobile Global Esports Inc. compare | 2 |
What Piotroski F-score is
The Piotroski F-Score tells an investor how many signs of improving profitability, funding and efficiency a company shows against a year earlier.
One point for each of nine tests against a year earlier: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, rising current ratio, no new shares issued, rising gross margin, and rising asset turnover