Meade Probability Of Bankruptcy

4.52  0.00  0.00%
       
    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 going into bankruptcy or 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 
    Probability Of Bankruptcy 
     = 
    Normalized 
     
    Z-Score 
     = 
    80.53 %

    About Probability Of Bankruptcy

    Companies or funds with Probability Of Bankruptcy above 90% are generally considered to be high risk with a good chance of bankruptcy in the next 2 years. On the other hand entities with Probability Of Bankruptcy of less than 15% will most likely experience some growth in the next 2 years. Probability Of Bankruptcy is based on Macroaxis own algorithm and can be used by auditors, accountants, money managers, financial advisers, as well as day traders to evaluate unsystematic risk of a stock, fund or ETF.
    Compare Meade to competition
    Based on latest financial disclosure Meade Instruments Corp has Probability Of Bankruptcy of 80%. This is much higher than that of the sector, and significantly higher than that of Probability Of Bankruptcy industry, The Probability Of Bankruptcy for all stocks is over 1000% lower than the firm.

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    Found 10 equities

    Probability Of Bankruptcy

    CGUIY PNKCASINO GUICHARD PERR
    75.0%
    TEVA TLVTEVA PHARMA IND
    2.0%
    FNMFO PNKFederal National Mortgage Association
    41.16%
    FNMFO PNKFED NATL MTG PFD I
    60.6%
    KDDIF PNKKDDI Corp
    26.0%
    JAPAF PNKJapan Tobacco Inc
    26.0%
    096770 KRXSK Innovation
    46.0%
    AMKBF PNKAP M
    26.0%
    POLI TLVBK HAPOALIM
    26.0%
    RDIB NCMReading International Inc
    26.0%
    You can backtest this sub-set of assets as a synthetic portfolio or check its risk adjusted returns  

    Chance of Financial Distress

    Meade Instruments Corp has more than 80 (%) percent chance of experiencing financial distress in the next 2 years of operations. More Info
    SymbolMEAD
    NameMeade Instruments Corp
    InstrumentUSA Stock
    Risk-adjusted AdviceHold Fairly Valued
    ExchangeNasdaq Capital Markets
    DescriptionMeade Instruments Corporation a consumer solutions company designs manufactures imports and distributes telescopes telescope accessories binoculars spotting scopes and other consumer solutions worldwide. more

    Other Meade Fundamentals

    Return On Equity(53.77) %
    Return On Asset(23.41) %
    Profit Margin(25.79) %
    Operating Margin(24.86) %
    Current Valuation5.74 M
    Shares Outstanding1.17 M
    Shares Owned by Insiders36.71 %
    Shares Owned by Institutions13.90 %
    Number of Shares Shorted5.36 K
    Price to Book0.92 times
    Price to Sales0.33 times
    Revenue16.12 M
    Gross Profit2.37 M
    EBITDA(3.78 M)
    Net Income(4.16 M)
    Cash and Equivalents249 K
    Cash per Share0.21 times
    Total Debt708 K
    Debt to Equity0.12 times
    Current Ratio2.53 times
    Book Value Per Share4.86 times
    Cash Flow from Operations(3.1 M)
    Short Ratio0.80 times
    One Year High4.98
    One Year Low1.42
    Earnings Per Share(3.55) times
    Number of Employees112
    Beta1.27
    Market Capitalization5.27 M
    Total Asset8.92 M
    Retained Earnings(47.09 M)
    Working Capital4.9 M
    Current Asset8.11 M
    Current Liabilities3.21 M
    Z Score-1.8