Magellan Midstream Partners Stock Probability Of Bankruptcy

MMPDelisted Stock  USD 69.00  0.44  0.63%   
Magellan Midstream's likelihood of distress is above 80% at this time. It has very high risk of going through financial straits in the upcoming years. Probability of distress prediction helps decision makers evaluate Magellan Midstream's chance of financial distress in relation to its going-concern outlook and evaluation. All items used in analyzing the odds of distress are taken from the Magellan 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 population.
  

Magellan Midstream Partners Company probability of distress Analysis

Magellan Midstream'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.

Probability Of Bankruptcy

 = 

Normalized

Z-Score

More About Probability Of Bankruptcy | All Equity Analysis

Current Magellan Midstream Probability Of Bankruptcy

    
  Over 100%  
Most of Magellan Midstream'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, Magellan Midstream Partners is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Magellan Midstream 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 Magellan Midstream 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 Magellan Midstream Partners financial health.
Please note, there is a significant difference between Magellan Midstream's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magellan Midstream is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magellan Midstream'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.
Competition

Based on the latest financial disclosure, Magellan Midstream Partners has a Probability Of Bankruptcy of 100%. This is 107.38% higher than that of the Oil, Gas & Consumable Fuels sector and 99.8% higher than that of the Energy industry. The probability of bankruptcy for all United States stocks is 151.07% lower than that of the firm.

Magellan Probability Of Bankruptcy Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Magellan Midstream'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 Magellan Midstream could also be used in its relative valuation, which is a method of valuing Magellan Midstream by comparing valuation metrics of similar companies.
Magellan Midstream is currently under evaluation in probability of bankruptcy category among related companies.

Magellan Fundamentals

About Magellan Midstream Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Magellan Midstream Partners's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Magellan Midstream using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Magellan Midstream Partners 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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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 population.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.

Other Consideration for investing in Magellan Stock

If you are still planning to invest in Magellan Midstream 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 Magellan Midstream's history and understand the potential risks before investing.
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