Macroaxis: Personalized Investing

Personalized Investing and

Digital Wealth Optimization

NVDA ALTR MCHP FSLR 
Benchmark  United States  NYSE  11,063   19.31 Index Moved Down -0.17%  


Processing
Processing. Please wait...

ReneSola Probability Of Bankruptcy ReneSola Probability Of Bankruptcy

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.
ReneSola 
Probability Of Bankruptcy 
 = 
Normalized 
 
Z-Score 
 = 
55.28 %

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.
Compare ReneSola to competition

ReneSola Probability Of Bankruptcy Assessment

Value  
 
Benchmark  Embed   ReneSola Comparables 
Based on latest financial disclosure ReneSola Ltd has Probability Of Bankruptcy of 55%. This is 25.58% higher than that of the Technology sector, and 14.24% higher than that of Semiconductor - Specialized industry, The Probability Of Bankruptcy for all stocks is 28.59% lower than the firm.

Filter other Stocks by Probability Of Bankruptcy

Select Probability Of Bankruptcy Range
Current Range 
Indicate Industry
Click to run this filter
 Run Equity Filter
Filter Other Equities
  
Found 10 equities

Probability Of Bankruptcy

NVDA NMSNVIDIA Corporation
15.35%
ALTR NMSAltera Corp
15.39%
MCHP NMSMicrochip Technology Inc
16.15%
FSLR NMSFirst Solar Inc
4.84%
SPWR NMSSunPower Corporation
46.97%
MPWR NMSMonolithic Power Systems Inc
73.87%
CRUS NMSCirrus Logic Inc
13.02%
HIMX NMSHimax Technologies Inc
12.26%
CSIQ NMSCanadian Solar Inc
44.47%
VSLR NYQVivint Solar Inc
41.16%
You can backtest this sub-set of assets as a synthetic portfolio or check its risk adjusted returns  
   
ReneSola Ltd has more than 55 (%) percent chance of experiencing financial distress in the next 2 years of operations. More Info
SymbolSOL
NameReneSola Ltd
InstrumentUSA Stock
CurrencyUSD - US Dollar
ExchangeNew York Stock Exchange
 

Other ReneSola Fundamentals

Return On Equity(15.24) %
Return On Asset(0.44) %
Profit Margin(1.50) %
Operating Margin(0.89) %
Current Valuation954.77 M
Shares Outstanding101.84 M
Shares Owned by Insiders45.67 %
Shares Owned by Institutions17.70 %
Number of Shares Shorted5.59 M
Price to Earning425.00 times
Price to Book0.93 times
Price to Sales0.08 times
Revenue1.61 B
Gross Profit103.26 M
EBITDA69.61 M
Net Income(24.17 M)
Cash and Equivalents40.12 M
Cash per Share0.39 times
Total Debt860.46 M
Debt to Equity5.87 times
Current Ratio0.67 times
Book Value Per Share1.44 times
Cash Flow from Operations(194.35 M)
Short Ratio4.80 times
One Year High4.37
One Year Low1.2
Earnings Per Share(0.24) times
Price to Earnings To Growth(0.23) times
Number of Employees7.87 K
Beta3.57
Market Capitalization134.42 M
Total Asset2.14 B
Working Capital(506.18 M)
Current Asset1.21 B
Current Liabilities1.71 B


 

Analytics

Risk Adjusted Returns Landscape
Live Efficient Frontier
Market Correlation Analysis
Watchlist Analysis
Financial Content
Portfolio Estimation and Projections
Portfolio Theme Builder
 
 

Research Modules

Equities Backtesting Analysis
Instant Retirement Optimizer
Cross-portfolio RSS and Mobile Access
Company, fund, and ETF Directory
Financial Advisor Directory
Insider and Manager Directory
Wealth Management
 

Services And Technology

Frequently Asked Questions
Quick Product Tour
Product Technology Overview
Solution Methodology
Plans and Pricing
 

Free Investor Tools

World Market Correlations
Instant Equity Comparator
Watchlist Analysis
Position Suggestions
Equity Alpha Analysis
 

About Us

About Macroaxis
Contact Us
Product Terms Of Use
Service Privacy Policy
Advertising Opportunities