New Pacific Metals Stock Probability Of Bankruptcy
| NEWP Stock | USD 1.90 0.05 2.70% |
New Pacific Metals fundamentals help investors to digest information that contributes to New Pacific's financial success or failures. It also enables traders to predict the movement of New Stock. The fundamental analysis module provides a way to measure New Pacific's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to New Pacific stock.
New | Probability_Of_Bankruptcy |
New Pacific Metals Company probability of distress Analysis
New Pacific'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 New Pacific Probability Of Bankruptcy | Less than 30% |
Most of New Pacific'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, New Pacific Metals is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of New Pacific 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 New Pacific 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 New Pacific Metals financial health.
Is New Pacific's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of New Pacific. If investors know New will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about New Pacific listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.04) | Revenue Per Share 0.012 | Return On Assets (0.03) | Return On Equity (0.06) |
The market value of New Pacific Metals is measured differently than its book value, which is the value of New that is recorded on the company's balance sheet. Investors also form their own opinion of New Pacific's value that differs from its market value or its book value, called intrinsic value, which is New Pacific's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because New Pacific's market value can be influenced by many factors that don't directly affect New Pacific's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between New Pacific's value and its price as these two are different measures arrived at by different means. Investors typically determine if New Pacific is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, New Pacific'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.
New Probability Of Bankruptcy Driver Correlations
Understanding the fundamental principles of building solid financial models for New Pacific is extremely important. It helps to project a fair market value of New Stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since New Pacific's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of New Pacific's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of New Pacific's interrelated accounts and indicators.
Click cells to compare fundamentals
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, New Pacific Metals has a Probability Of Bankruptcy of 30.0%. This is 32.34% lower than that of the Electronic Equipment, Instruments & Components sector and significantly higher than that of the Information Technology industry. The probability of bankruptcy for all United States stocks is 24.68% higher than that of the company.
New Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses New Pacific'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 New Pacific could also be used in its relative valuation, which is a method of valuing New Pacific by comparing valuation metrics of similar companies.New Pacific is currently under evaluation in probability of bankruptcy category among related companies.
New Pacific Current Valuation Drivers
We derive many important indicators used in calculating different scores of New Pacific from analyzing New Pacific's financial statements. These drivers represent accounts that assess New Pacific's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of New Pacific's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 810.7M | 743.5M | 446.6M | 342.2M | 264.0M | 394.2M | |
| Enterprise Value | 780.9M | 697.0M | 417.3M | 335.9M | 263.2M | 384.7M |
New Fundamentals
| Return On Equity | -0.0579 | ||||
| Return On Asset | -0.0346 | ||||
| Current Valuation | 290.06 M | ||||
| Shares Outstanding | 171.21 M | ||||
| Shares Owned By Insiders | 45.66 % | ||||
| Shares Owned By Institutions | 16.03 % | ||||
| Number Of Shares Shorted | 799.31 K | ||||
| Price To Earning | 174.55 X | ||||
| Price To Book | 2.26 X | ||||
| Price To Sales | 271.60 X | ||||
| Gross Profit | (460.9 K) | ||||
| EBITDA | (7.05 M) | ||||
| Net Income | (7.76 M) | ||||
| Cash And Equivalents | 29.99 M | ||||
| Cash Per Share | 0.19 X | ||||
| Total Debt | 77.37 M | ||||
| Debt To Equity | 0.21 % | ||||
| Current Ratio | 8.58 X | ||||
| Book Value Per Share | 0.81 X | ||||
| Cash Flow From Operations | (4.49 M) | ||||
| Short Ratio | 2.04 X | ||||
| Earnings Per Share | (0.04) X | ||||
| Target Price | 6.0 | ||||
| Beta | 1.34 | ||||
| Market Capitalization | 312.45 M | ||||
| Total Asset | 118.31 M | ||||
| Retained Earnings | (68.62 M) | ||||
| Working Capital | 5.21 M | ||||
| Current Asset | 280.01 M | ||||
| Current Liabilities | 97.61 M | ||||
| Net Asset | 118.31 M |
About New Pacific Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze New Pacific Metals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of New Pacific using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of New Pacific Metals 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards New Pacific in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, New Pacific's short interest history, or implied volatility extrapolated from New Pacific options trading.
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 New Pacific Piotroski F Score and New Pacific Altman Z Score analysis. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Complementary Tools for New Stock analysis
When running New Pacific's price analysis, check to measure New Pacific's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy New Pacific is operating at the current time. Most of New Pacific's value examination focuses on studying past and present price action to predict the probability of New Pacific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Pacific's price. Additionally, you may evaluate how the addition of New Pacific to your portfolios can decrease your overall portfolio volatility.
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| CEOs Directory Screen CEOs from public companies around the world | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios |
Is New Pacific's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of New Pacific. If investors know New will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about New Pacific listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.04) | Revenue Per Share 0.012 | Return On Assets (0.03) | Return On Equity (0.06) |
The market value of New Pacific Metals is measured differently than its book value, which is the value of New that is recorded on the company's balance sheet. Investors also form their own opinion of New Pacific's value that differs from its market value or its book value, called intrinsic value, which is New Pacific's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because New Pacific's market value can be influenced by many factors that don't directly affect New Pacific's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between New Pacific's value and its price as these two are different measures arrived at by different means. Investors typically determine if New Pacific is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, New Pacific'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.