Carpenter Technology Probability Of Bankruptcy

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Probability Of Bankruptcy Analysis

For stocks, Probability Of Bankruptcy is 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 probability of a firm or a fund experiencing financial distress within next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100 indicating the actual probability the firm will be distressed in the next 2 fiscal years.
Carpenter Technology 
Probability Of Bankruptcy 
 = 
Normalized 
 
Z-Score 
 = 
47 %

Distress Driver Correlations

About Probability Of Bankruptcy

Probability of Bankruptcy SHOULD NOT be confused with 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 to meet its current financial obligations towards its creditors or to deliver on the expectations of its investors. Macroaxis derives these conditions on a daily bases 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, revenues patterns, RND expenses, as well as public headlines and social sentiment.
Compare to competition

Carpenter Technology Probability Of Bankruptcy Assessment

  Of Bankruptcy 
Benchmark  Embed   Carpenter Technology Comparables 
Based on latest financial disclosure Carpenter Technology Corp has Probability Of Bankruptcy of 47.0%. This is 22.27% higher than that of the Industrial Goods sector, and 31.73% higher than that of Metal Fabrication industry, The Probability Of Bankruptcy for all stocks is 22.05% lower than the firm.
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Found 8 equities by Probability Of Bankruptcy
VMI NYQValmont Industries Inc
21 %
MLI NYQMueller Industries Inc
8 %
CRS NYQCarpenter Technology Corp
47 %
ROHITFERRO NSEROHIT FERROTECH INR10
42 %
CSTM NYQConstellium NV
28 %
HAYN NMSHaynes International Inc
2 %
RYI NYQRyerson Holding Corporation
45 %
BOOM NMSDynamic Materials Corp
3 %
You can backtest this sub-set of assets as a synthetic portfolio or check its risk adjusted returns  
Peer Comparison
Carpenter Technology Probability Of Bankruptcy Comparison
  Probability Of Bankruptcy 
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Carpenter Technology is rated second in probability of bankruptcy category among related companies.
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Return On Equity(0.32) %
Return On Asset1.99 %
Profit Margin(0.22) %
Operating Margin5.19 %
Current Valuation2.3 B
Shares Outstanding46.62 M
Shares Owned by Insiders8.95 %
Shares Owned by Institutions89.40 %
Number of Shares Shorted3.63 M
Price to Earning169.87 times
Price to Book1.56 times
Price to Sales1.00 times
Revenue1.75 B
Gross Profit255.9 M
EBITDA203.4 M
Net Income(3.9 M)
Cash and Equivalents51.3 M
Cash per Share1.10 times
Total Debt609.6 M
Debt to Equity0.54 times
Current Ratio3.95 times
Book Value Per Share24.04 times
Cash Flow from Operations219.3 M
Short Ratio6.90 times
One Year High42.27
One Year Low23.99
Earnings Per Share(0.08) times
Price to Earnings To Growth2.26 times
Number of Employees4.5 K
Beta2.26
Market Capitalization1.74 B
Total Asset2.81 B
Retained Earnings1.29 B
Working Capital778.8 M
Current Asset1.04 B
Current Liabilities264.3 M
Z Score1.2