Digirad Probability Of Bankruptcy

DRAD -- USA Stock  

USD 1.63  0.005  0.31%

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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.
Probability Of Bankruptcy 
49 %

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, R&D expenses and commitments, as well as public headlines and social sentiment.
Compare to competition


Digirad Income Change Over Time

Accumulated Other Comprehensive Income

Based on latest financial disclosure Digirad Corporation has Probability Of Bankruptcy of 49.0%. This is 9.01% higher than that of the Healthcare sector, and significantly higher than that of Medical Equipment industry, The Probability Of Bankruptcy for all stocks is 27.24% lower than the firm.

Peer Comparison

Digirad Probability Of Bankruptcy Comparison
  Probability Of Bankruptcy 
      Digirad Comparables 
Digirad is rated below average in probability of bankruptcy category among related companies.

Current Digirad financial ratios

Return On Equity(73.41) %
Return On Asset(1.04) %
Profit Margin(25.05) %
Operating Margin(1.14) %
Current Valuation44.55 M
Shares Outstanding20.12 M
Shares Owned by Insiders5.39 %
Shares Owned by Institutions56.22 %
Number of Shares Shorted54.47 K
Price to Earning12.26 times
Price to Book1.06 times
Price to Sales0.28 times
Revenue117.96 M
Gross Profit28.4 M
Net Income(34.87 M)
Cash and Equivalents1.15 M
Cash per Share0.06 times
Total Debt13 M
Debt to Equity42.00 %
Current Ratio1.62 times
Book Value Per Share1.54 times
Cash Flow from Operations4.68 M
Short Ratio0.93 times
Earnings Per Share1.48 times
Price to Earnings To Growth1.47 times
Number of Employees515
Market Capitalization32.69 M
Total Asset64.11 M
Retained Earnings(93.74 M)
Working Capital23.04 M
Current Asset31.75 M
Current Liabilities8.71 M
Z Score0.8
Last Dividend Paid0.22