Trinity Precision Technology Stock Probability Of Bankruptcy
| 4534 Stock | TWD 14.65 1.30 9.74% |
Trinity |
Trinity Precision Technology Company odds of financial turmoil Analysis
Trinity Precision's Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
More About Probability Of Bankruptcy | All Equity Analysis
Probability Of Bankruptcy | = | Normalized | | Z-Score |
Current Trinity Precision Probability Of Bankruptcy | Less than 25% |
Most of Trinity Precision's fundamental indicators, such as Probability Of Bankruptcy, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Trinity Precision Technology is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Trinity Precision probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting Trinity Precision odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of Trinity Precision Technology financial health.
The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
| Competition |
Based on the latest financial disclosure, Trinity Precision Technology has a Probability Of Bankruptcy of 25.0%. This is 41.29% lower than that of the Industrials sector and 24.74% lower than that of the Metal Fabrication industry. The probability of bankruptcy for all Taiwan stocks is 37.23% higher than that of the company.
Trinity Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Trinity Precision's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Trinity Precision could also be used in its relative valuation, which is a method of valuing Trinity Precision by comparing valuation metrics of similar companies.Trinity Precision is currently under evaluation in probability of bankruptcy category among its peers.
Trinity Fundamentals
| Return On Equity | -0.12 | |||
| Return On Asset | -0.0478 | |||
| Profit Margin | (0.12) % | |||
| Operating Margin | (0.14) % | |||
| Current Valuation | 972.69 M | |||
| Shares Outstanding | 86.79 M | |||
| Shares Owned By Insiders | 35.18 % | |||
| Price To Book | 0.90 X | |||
| Price To Sales | 0.88 X | |||
| Revenue | 1.21 B | |||
| Gross Profit | 231.47 M | |||
| EBITDA | 171.06 M | |||
| Net Income | 51.55 M | |||
| Cash And Equivalents | 323.91 M | |||
| Cash Per Share | 3.73 X | |||
| Total Debt | 71.42 M | |||
| Debt To Equity | 0.52 % | |||
| Current Ratio | 1.39 X | |||
| Book Value Per Share | 10.21 X | |||
| Cash Flow From Operations | (21.05 M) | |||
| Earnings Per Share | (0.25) X | |||
| Number Of Employees | 18 | |||
| Beta | 0.98 | |||
| Market Capitalization | 775.02 M | |||
| Total Asset | 1.75 B | |||
| Z Score | 6.0 | |||
| Net Asset | 1.75 B |
About Trinity Precision Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Trinity Precision Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Trinity Precision using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Trinity Precision Technology based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Try AI Portfolio ArchitectAdditional Tools for Trinity Stock Analysis
When running Trinity Precision's price analysis, check to measure Trinity Precision's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Trinity Precision is operating at the current time. Most of Trinity Precision's value examination focuses on studying past and present price action to predict the probability of Trinity Precision's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trinity Precision's price. Additionally, you may evaluate how the addition of Trinity Precision to your portfolios can decrease your overall portfolio volatility.