Steinway Musical Instruments Stock Probability Of Bankruptcy
Steinway Musical's likelihood of distress is above 80% at the present time. It has very high risk of going through financial straits in the upcoming years. Chance of distress shows the probability of financial torment over the next two years of operations under current economic and market conditions. All items used in analyzing the odds of distress are taken from the Steinway balance sheet, as well as cash flow and income statements available from the company's most recent filings. Check out Correlation 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 real.
Steinway |
Steinway Musical Instruments Company chance of distress Analysis
Steinway Musical'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 Steinway Musical Probability Of Bankruptcy | Over 100% |
Most of Steinway Musical'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, Steinway Musical Instruments is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Steinway Musical 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 Steinway Musical 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 Steinway Musical Instruments financial health.
Please note, there is a significant difference between Steinway Musical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Steinway Musical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Steinway Musical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party. 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.
CompetitionBased on the latest financial disclosure, Steinway Musical Instruments has a Probability Of Bankruptcy of 100%. This is much higher than that of the sector and significantly higher than that of the Recreation industry. The probability of bankruptcy for all United States stocks is notably lower than that of the firm.
Steinway Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Steinway Musical'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 Steinway Musical could also be used in its relative valuation, which is a method of valuing Steinway Musical by comparing valuation metrics of similar companies.Steinway Musical is currently under evaluation in probability of bankruptcy category among related companies.
Steinway Fundamentals
| Return On Asset | 0.033 | |||
| Profit Margin | 0.04 % | |||
| Operating Margin | 0.10 % | |||
| Current Valuation | 284.9 M | |||
| Shares Outstanding | 12.41 M | |||
| Shares Owned By Insiders | 43.89 % | |||
| Shares Owned By Institutions | 41.40 % | |||
| Number Of Shares Shorted | 99.61 K | |||
| Price To Earning | 15.13 X | |||
| Price To Book | 1.92 X | |||
| Price To Sales | 1.41 X | |||
| Revenue | 353.72 M | |||
| Gross Profit | 114.63 M | |||
| EBITDA | 35.47 M | |||
| Net Income | 13.51 M | |||
| Cash And Equivalents | 73.41 M | |||
| Cash Per Share | 8.49 X | |||
| Total Debt | 68.01 M | |||
| Debt To Equity | 0.26 % | |||
| Current Ratio | 2.35 X | |||
| Cash Flow From Operations | 28.71 M | |||
| Short Ratio | 0.80 X | |||
| Earnings Per Share | 2.66 X | |||
| Price To Earnings To Growth | 1.09 X | |||
| Number Of Employees | 1.7 K | |||
| Beta | 1.31 | |||
| Market Capitalization | 263.5 M | |||
| Total Asset | 425.67 M | |||
| Retained Earnings | 87.02 M | |||
| Working Capital | 202.71 M | |||
| Current Asset | 256.33 M | |||
| Current Liabilities | 53.62 M | |||
| Z Score | 1.8 |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Correlation 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 real. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Other Consideration for investing in Steinway Stock
If you are still planning to invest in Steinway Musical Ins check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Steinway Musical's history and understand the potential risks before investing.
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum |