Meade Instruments 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.
Meade Instruments 
Probability Of Bankruptcy 
 = 
Normalized 
 
Z-Score 
 = 
67 %

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
Based on latest financial disclosure Meade Instruments Corp has Probability Of Bankruptcy of 67%. This is much higher than that of the sector, and significantly higher than that of Measuring and Control Equipment industry, The Probability Of Bankruptcy for all stocks is over 1000% lower than the firm.
Peer Comparison
Meade Instruments Probability Of Bankruptcy Comparison
  Probability Of Bankruptcy 
Benchmark  Embed   Meade Instruments Comparables 
Meade Instruments is currently under evaluation in probability of bankruptcy category among related companies.
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Return On Equity(0.45) %
Return On Asset(0.29) %
Profit Margin(0.21) %
Operating Margin(0.19) %
Current Valuation2.52 M
Shares Outstanding1.17 M
Shares Owned by Insiders36.71 %
Shares Owned by Institutions13.90 %
Number of Shares Shorted5.36 K
Price to Earning(0.51) times
Price to Book0.92 times
Price to Sales0.33 times
Revenue17.43 M
Gross Profit2.37 M
EBITDA(3.41 M)
Net Income(3.67 M)
Cash and Equivalents320 K
Cash per Share0.21 times
Total Debt371 K
Debt to Equity0.12 times
Current Ratio2.53 times
Book Value Per Share5.61 times
Cash Flow from Operations(3.82 M)
Short Ratio0.80 times
Earnings Per Share(3.55) times
Number of Employees112
Beta1.27
Market Capitalization2.1 M
Total Asset10.41 M
Retained Earnings(46.16 M)
Working Capital5.71 M
Current Asset9.51 M
Current Liabilities3.8 M
Z Score-1.8