Jetblack Corp Stock Z Score
| JTBK Stock | USD 0 0.00 0.00% |
Jetblack |
Jetblack Corp Company Z Score Analysis
Jetblack Corp's 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..
Current Jetblack Corp Z Score | -1.4 |
Most of Jetblack Corp's fundamental indicators, such as Z Score, 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, Jetblack Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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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.
| Competition |
According to the company's disclosures, Jetblack Corp has a Z Score of -1.4. This is 158.09% lower than that of the Financial Services sector and 151.28% lower than that of the Capital Markets industry. The z score for all United States stocks is 116.06% higher than that of the company.
Jetblack Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Jetblack Corp's 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 Jetblack Corp could also be used in its relative valuation, which is a method of valuing Jetblack Corp by comparing valuation metrics of similar companies.Jetblack Corp is currently under evaluation in z score category among related companies.
Jetblack Fundamentals
| Current Valuation | 6.15 M | |||
| Shares Outstanding | 615.42 M | |||
| Price To Book | 1,081 X | |||
| EBITDA | (179.99 K) | |||
| Net Income | (320.42 K) | |||
| Cash And Equivalents | 3.57 K | |||
| Debt To Equity | 0.68 % | |||
| Current Ratio | 0.29 X | |||
| Book Value Per Share | (0) X | |||
| Cash Flow From Operations | (129.07 K) | |||
| Beta | 8.2 | |||
| Market Capitalization | 6.15 M | |||
| Total Asset | 192 K | |||
| Retained Earnings | (256 K) | |||
| Working Capital | (53 K) | |||
| Current Liabilities | 53 K | |||
| Z Score | -1.4 | |||
| Net Asset | 192 K |
About Jetblack Corp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Jetblack Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Jetblack Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Jetblack Corp 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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Align your risk with return expectations
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jetblack Corp. 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 labor statistics. Note that the Jetblack Corp information on this page should be used as a complementary analysis to other Jetblack Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Complementary Tools for Jetblack Pink Sheet analysis
When running Jetblack Corp's price analysis, check to measure Jetblack Corp'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 Jetblack Corp is operating at the current time. Most of Jetblack Corp's value examination focuses on studying past and present price action to predict the probability of Jetblack Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jetblack Corp's price. Additionally, you may evaluate how the addition of Jetblack Corp to your portfolios can decrease your overall portfolio volatility.
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