Thunderbird Energy Probability Of Bankruptcy

Probability Of Bankruptcy Analysis

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 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.
Thunderbird Energy 
Probability Of Bankruptcy 
 = 
Normalized 
 
Z-Score 
 = 
75 %

About Probability Of Bankruptcy

Probability of Bankruptcy SHOULD NOT be confused with 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 to meet its current financial obligations towards its creditors or to deliver on the expectations of its investors. Macroaxis derives these conditions on a daily bases 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, revenues patterns, RND expenses, as well as public headlines and social sentiment.Compare to competition
Based on latest financial disclosure Thunderbird Energy Corp has Probability Of Bankruptcy of 75%. This is much higher than that of the sector, and significantly higher than that of Probability Of Bankruptcy industry, The Probability Of Bankruptcy for all stocks is over 1000% lower than the firm.
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Found 10 equities by Probability Of Bankruptcy
BNS-PQ TORThe Bank of Nova Scotia
71 %
OCS-UN TOROCP Credit Strategy Fund
37 %
W-PH TORWestcoast Energy Inc
26 %
RY TORRoyal Bank of Canada
42 %
TD TORThe TorontoDominion Bank
36 %
RIB-UN TORRidgewood Canadian Investment Grade Bond Fund
74 %
BNS TORThe Bank of Nova Scotia
36 %
CNU TORCNOOC Ltd
33 %
CNR TORCanadian National Railway Company
41 %
SU TORSuncor Energy Inc
65 %
You can backtest this sub-set of assets as a synthetic portfolio or check its risk adjusted returns  
Peer Comparison
Thunderbird Energy Probability Of Bankruptcy Comparison
Thunderbird Energy is currently under evaluation in probability of bankruptcy category among related companies.
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Return On Asset(4.30) %
Operating Margin(109.43) %
Current Valuation29.18 M
Shares Outstanding8.17 M
Price to Sales0.05 times
Revenue1.62 M
EBITDA(989.08 K)
Net Income(6.63 M)
Cash and Equivalents324.71 K
Cash per Share0.04 times
Total Debt28.7 M
Current Ratio0.02 times
Book Value Per Share(1.00) times
Cash Flow from Operations(3.91 M)
One Year High0.21
One Year Low0.01
Number of Employees12
Market Capitalization1.23 M