Grange Resources Stock Z Score
Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Grange |
Grange Resources Company Z Score Analysis
Grange Resources' Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
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To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
CompetitionAccording to the company's disclosures, Grange Resources has a Z Score of 0.0. This indicator is about the same for the Other average (which is currently at 0.0) sector and about the same as Other (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).
Grange Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Grange Resources' direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Grange Resources could also be used in its relative valuation, which is a method of valuing Grange Resources by comparing valuation metrics of similar companies.Grange Resources is currently under evaluation in z score category among related companies.
Grange Fundamentals
| Current Valuation | 522.65 M | |||
| Price To Earning | 7.86 X | |||
| Price To Book | 1.10 X | |||
| Price To Sales | 1.46 X | |||
| Revenue | 781.66 M | |||
| Gross Profit | 575.79 K | |||
| EBITDA | 480.1 M | |||
| Net Income | 322.26 M | |||
| Cash And Equivalents | 9.45 M | |||
| Cash Per Share | 0.08 X | |||
| Debt To Equity | 0.04 % | |||
| Current Ratio | 5.30 X | |||
| Book Value Per Share | 0.58 X | |||
| Cash Flow From Operations | (1.17 M) | |||
| Number Of Employees | 11 | |||
| Beta | 1.73 | |||
| Market Capitalization | 89.44 M | |||
| Total Asset | 1.12 B | |||
| Annual Yield | 0.07 % | |||
| Net Asset | 1.12 B | |||
| Last Dividend Paid | 0.01 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Grange Resources in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Grange Resources' short interest history, or implied volatility extrapolated from Grange Resources options trading.
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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Grange Pink Sheet analysis
When running Grange Resources' price analysis, check to measure Grange Resources' 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 Grange Resources is operating at the current time. Most of Grange Resources' value examination focuses on studying past and present price action to predict the probability of Grange Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grange Resources' price. Additionally, you may evaluate how the addition of Grange Resources to your portfolios can decrease your overall portfolio volatility.
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