ArcelorMittal Probability Of Bankruptcy

The Macroaxis Equity Filters allow users to customize the simple screener criteria below or select from a set of available quick indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations. Please check also Equity Screeners to view more equity screening tools

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.
ArcelorMittal 
Probability Of Bankruptcy 
 = 
Normalized 
 
Z-Score 
 = 
53 %

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 ArcelorMittal has Probability Of Bankruptcy of 53%. This is much higher than that of the sector, and significantly higher than that of Steel Works Etc industry, The Probability Of Bankruptcy for all stocks is over 1000% lower than the firm.
Peer Comparison
ArcelorMittal Probability Of Bankruptcy Comparison
  Probability Of Bankruptcy 
Benchmark  Embed    ArcelorMittal Comparables 
ArcelorMittal is considered to be number one stock in probability of bankruptcy category among related companies.
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Return On Equity(0.24) %
Return On Asset(0.09) %
Profit Margin(0.12) %
Operating Margin(0.02) %
Current Valuation22.81 B
Shares Outstanding1.79 B
Number of Shares Shorted24.51 M
Price to Earning288.00 times
Price to Book0.77 times
Price to Sales0.41 times
Revenue63.58 B
Gross Profit(1.62 B)
EBITDA5.82 B
Net Income(7.95 B)
Cash and Equivalents4.1 B
Cash per Share0.74 times
Total Debt19.79 B
Debt to Equity0.44 times
Current Ratio1.27 times
Book Value Per Share10.54 times
Cash Flow from Operations2.15 B
Short Ratio1.34 times
Earnings Per Share(2.48) times
Price to Earnings To Growth(0.11) times
Number of Employees209.4 K
Beta2.82
Market Capitalization7.03 B
Total Asset76.85 B
Retained Earnings16.05 B
Working Capital4.29 B
Current Asset22.33 B
Current Liabilities18.04 B