Surge Components Stock Z Score
SPRS Stock | USD 2.70 0.05 1.82% |
Surge |
Surge Components Company Z Score Analysis
Surge Components' Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
Current Surge Components Z Score | 7.6 |
Most of Surge Components' fundamental indicators, such as Z Score, 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, Surge Components is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
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Based on the company's disclosures, Surge Components has a Z Score of 7.6. This is 43.49% lower than that of the Electronic Equipment, Instruments & Components sector and significantly higher than that of the Information Technology industry. The z score for all United States stocks is 12.84% higher than that of the company.
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Surge Fundamentals
Return On Equity | 0.24 | |||
Return On Asset | 0.13 | |||
Profit Margin | 0.07 % | |||
Operating Margin | 0.09 % | |||
Current Valuation | 11.92 M | |||
Shares Outstanding | 5.54 M | |||
Shares Owned By Insiders | 47.25 % | |||
Price To Earning | 8.65 X | |||
Price To Book | 1.09 X | |||
Price To Sales | 0.34 X | |||
Revenue | 39.83 M | |||
Gross Profit | 10.89 M | |||
EBITDA | 3.67 M | |||
Net Income | 2.51 M | |||
Cash And Equivalents | 7.69 M | |||
Cash Per Share | 1.39 X | |||
Total Debt | 1.54 M | |||
Debt To Equity | 0.09 % | |||
Current Ratio | 3.14 X | |||
Book Value Per Share | 2.98 X | |||
Cash Flow From Operations | 2.33 M | |||
Earnings Per Share | 0.59 X | |||
Number Of Employees | 43 | |||
Beta | 1.59 | |||
Market Capitalization | 17.62 M | |||
Total Asset | 21.75 M | |||
Retained Earnings | (11.63 M) | |||
Working Capital | 11.66 M | |||
Current Asset | 16.34 M | |||
Current Liabilities | 4.68 M | |||
Z Score | 7.6 | |||
Net Asset | 21.75 M |
About Surge Components Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Surge Components's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Surge Components using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Surge Components 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 Surge Components 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, Surge Components' short interest history, or implied volatility extrapolated from Surge Components options trading.
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Surge Components. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for Surge Pink Sheet analysis
When running Surge Components' price analysis, check to measure Surge Components' 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 Surge Components is operating at the current time. Most of Surge Components' value examination focuses on studying past and present price action to predict the probability of Surge Components' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Surge Components' price. Additionally, you may evaluate how the addition of Surge Components to your portfolios can decrease your overall portfolio volatility.
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