Prima Biomed Stock Probability Of Bankruptcy
Prima Biomed's likelihood of distress is above 80% at the present time. It has very high risk of going through financial crunch in the upcoming years. Prima Biomed's Probability of distress is determined by interpolating and adjusting Prima Altman Z Score to account for off-balance-sheet items and missing or unfiled public information. All items used in analyzing the odds of distress are taken from the Prima balance sheet, as well as cash flow and income statements available from the company's most recent filings. Check out Your Equity Center 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.
Prima |
Prima Biomed Company probability of distress Analysis
Prima Biomed'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 Prima Biomed Probability Of Bankruptcy | Over 100% |
Most of Prima Biomed'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, Prima Biomed is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Prima Biomed 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 Prima Biomed 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 Prima Biomed financial health.
Please note, there is a significant difference between Prima Biomed's value and its price as these two are different measures arrived at by different means. Investors typically determine if Prima Biomed is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Prima Biomed'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.
CompetitionBased on the latest financial disclosure, Prima Biomed has a Probability Of Bankruptcy of 100%. This is much higher than that of the sector and significantly higher than that of the Probability Of Bankruptcy industry. The probability of bankruptcy for all United States stocks is notably lower than that of the firm.
Prima Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Prima Biomed'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 Prima Biomed could also be used in its relative valuation, which is a method of valuing Prima Biomed by comparing valuation metrics of similar companies.Prima Biomed is currently under evaluation in probability of bankruptcy category among related companies.
Prima Fundamentals
| Return On Equity | -30.29 | |||
| Return On Asset | -15.25 | |||
| Profit Margin | (227.54) % | |||
| Operating Margin | (229.73) % | |||
| Current Valuation | 38.96 M | |||
| Shares Owned By Institutions | 4.39 % | |||
| Number Of Shares Shorted | 137.1 K | |||
| Price To Earning | (5.70) X | |||
| Price To Book | 1.71 X | |||
| Price To Sales | 14.25 X | |||
| Revenue | 3.28 M | |||
| Gross Profit | (3.41 M) | |||
| EBITDA | (6.17 M) | |||
| Net Income | (7.46 M) | |||
| Cash And Equivalents | 9.74 M | |||
| Cash Per Share | 0.41 X | |||
| Total Debt | 4.6 M | |||
| Debt To Equity | 21.70 % | |||
| Current Ratio | 6.05 X | |||
| Book Value Per Share | 1.00 X | |||
| Cash Flow From Operations | (6.77 M) | |||
| Short Ratio | 1.25 X | |||
| Earnings Per Share | (0.40) X | |||
| Number Of Employees | 31 | |||
| Beta | 1.39 | |||
| Market Capitalization | 46.7 M | |||
| Total Asset | 42.55 M | |||
| Retained Earnings | (222.47 M) | |||
| Working Capital | 20.2 M | |||
| Current Asset | 21.67 M | |||
| Current Liabilities | 1.47 M | |||
| Z Score | -1.0 |
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Prima Biomed using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Check out Your Equity Center 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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Other Consideration for investing in Prima Stock
If you are still planning to invest in Prima Biomed 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 Prima Biomed's history and understand the potential risks before investing.
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals |