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## ReneSola Probability Of Bankruptcy | $1.45 0.04 2.68% |

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.

## 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.

## ReneSola Probability Of Bankruptcy Assessment

## Filter other Stocks by Probability Of Bankruptcy

ReneSola |
| = | 56.32 % |

Compare ReneSola to competition |

Value |

Based on latest financial disclosure ReneSola Ltd has Probability Of Bankruptcy of 56%. This is 27.94% higher than that of the Technology sector, and 16.39% higher than that of Semiconductor - Specialized industry, The Probability Of Bankruptcy for all stocks is 31.01% lower than the firm.

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Found 10 equities | ## Probability Of Bankruptcy | ||

NVDA | NMS | NVIDIA Corporation | 11.71% |

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ALTR | NMS | Altera Corp | 14.66% |

MCHP | NMS | Microchip Technology Inc | 15.43% |

FSLR | NMS | First Solar Inc | 5.64% |

SPWR | NMS | SunPower Corporation | 43.3% |

CRUS | NMS | Cirrus Logic Inc | 11.92% |

MPWR | NMS | Monolithic Power Systems Inc | 73.9% |

CSIQ | NMS | Canadian Solar Inc | 45.1% |

HIMX | NMS | Himax Technologies Inc | 13.19% |

You can backtest this sub-set of assets as a synthetic portfolio or check its risk adjusted returns |

ReneSola Ltd has **more than 56 (%) percent** chance of experiencing financial distress in the next 2 years of operations. More Info

Symbol | SOL |

Name | ReneSola Ltd |

Instrument | USA Stock |

Currency | USD - US Dollar |

Exchange | New York Stock Exchange |

Return On Equity | (21.74) % | ||

Return On Asset | 0.27 % | ||

Profit Margin | (2.15) % | ||

Operating Margin | 0.53 % | ||

Current Valuation | 824.31 M | ||

Shares Outstanding | 101.89 M | ||

Shares Owned by Insiders | 45.67 % | ||

Shares Owned by Institutions | 17.70 % | ||

Number of Shares Shorted | 5.21 M | ||

Price to Earning | 425.00 times | ||

Price to Book | 0.98 times | ||

Price to Sales | 0.09 times | ||

Revenue | 1.56 B | ||

Gross Profit | 103.26 M | ||

EBITDA | 98.44 M | ||

Net Income | (33.63 M) | ||

Cash and Equivalents | 99.85 M | ||

Cash per Share | 0.98 times | ||

Total Debt | 792.73 M | ||

Debt to Equity | 5.65 times | ||

Current Ratio | 0.64 times | ||

Book Value Per Share | 1.38 times | ||

Cash Flow from Operations | (114.8 M) | ||

Short Ratio | 7.70 times | ||

One Year High | 4.34 | ||

One Year Low | 1.2 | ||

Earnings Per Share | (0.34) times | ||

Price to Earnings To Growth | (1.55) times | ||

Number of Employees | 7.87 K | ||

Beta | 3.42 | ||

Market Capitalization | 131.44 M | ||

Total Asset | 2.14 B | ||

Working Capital | (506.18 M) | ||

Current Asset | 1.21 B | ||

Current Liabilities | 1.71 B |