Theravance Z Score

    THRX -- USA Stock  

    null 9.81  9.81  9,223,372,036,855%

    Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Also please take a look at World Market Map.

    Z Score Analysis

    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 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 late 1960s at New York University..
    Z Score 
    Sum Of  
    5 Factors 
    First Factor
    1.2 * (
    Working Capital
    Total Assets )
    Second Factor
    1.4 * (
    Retained Earnings
    Total Assets )
    Thrid Factor
    3.3 * (
    Total Assets )
    Fouth Factor
    0.6 * (
    Market Value of Equity
    Total Liabilities )
    Fifth Factor
    0.99 * (
    Total Assets )

    About Z Score

    To calculate Z-Score one would need to know current working capital of the company, its total assets and liabilities, amount of latest retained earnings as well as earnings before interest and tax. Z-Score can be used to compare the odds of bankruptcy of companies in 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 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 high probability of distress. Z Score is used widely by financial auditors, accountants, money managers, loan processers, wealth advisers, as well as day traders. In the last 25 years many financial models that utilize z score has been proved to be successful as a predictor of corporate bankruptcy.Compare to competition
    Theravance has Z Score of -4.2. This is much lower than that of the sector, and significantly lower than that of Z Score industry, The Z Score for all stocks is over 1000% higher than the company.

    Peer Comparison

    Theravance Z Score Comparison
      Z Score 
          Theravance Comparables 
    Theravance is currently under evaluation in z score category among related companies.

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