Zai Lab Stock Probability Of Bankruptcy
| ZLAB Stock | USD 16.25 0.34 2.05% |
Zai | Probability Of Bankruptcy |
Zai Lab Company chance of distress Analysis
Zai Lab's Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the 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 the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
More About Probability Of Bankruptcy | All Equity Analysis
Probability Of Bankruptcy | = | Normalized | | Z-Score |
Current Zai Lab Probability Of Bankruptcy | Less than 24% |
Most of Zai Lab's fundamental indicators, such as Probability Of Bankruptcy, 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, Zai Lab is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Zai Lab probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting Zai Lab odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of Zai Lab financial health.
Is Zai Lab's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Zai Lab. If investors know Zai will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Zai Lab listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.50) | Revenue Per Share 2.76 | Quarterly Revenue Growth 0.052 | Return On Assets (0.21) | Return On Equity (0.36) |
The market value of Zai Lab is measured differently than its book value, which is the value of Zai that is recorded on the company's balance sheet. Investors also form their own opinion of Zai Lab's value that differs from its market value or its book value, called intrinsic value, which is Zai Lab's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Zai Lab's market value can be influenced by many factors that don't directly affect Zai Lab's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Zai Lab's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zai Lab is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zai Lab's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Zai Probability Of Bankruptcy Driver Correlations
Understanding the fundamental principles of building solid financial models for Zai Lab is extremely important. It helps to project a fair market value of Zai Stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since Zai Lab's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Zai Lab's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Zai Lab's interrelated accounts and indicators.
Click cells to compare fundamentals
The Probability of Bankruptcy SHOULD NOT be confused with the 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 meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily 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, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
| Competition |
Based on the latest financial disclosure, Zai Lab has a Probability Of Bankruptcy of 24.0%. This is 44.56% lower than that of the Biotechnology sector and 56.24% lower than that of the Health Care industry. The probability of bankruptcy for all United States stocks is 39.74% higher than that of the company.
Zai Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Zai Lab's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Zai Lab could also be used in its relative valuation, which is a method of valuing Zai Lab by comparing valuation metrics of similar companies.Zai Lab is currently under evaluation in probability of bankruptcy category among related companies.
Zai Lab Main Bankruptcy Drivers
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Return On Assets | (0.52) | (0.23) | (0.43) | (0.4) | (0.32) | (0.34) | |
| Asset Turnover | 0.0366 | 0.0377 | 0.0896 | 0.18 | 0.26 | 0.27 | |
| Net Debt | (54.2M) | (423.5M) | (948.6M) | (988.1M) | (775M) | (736.3M) | |
| Total Current Liabilities | 46.6M | 98.0M | 192.9M | 139.8M | 203.1M | 213.2M | |
| Non Current Liabilities Total | 13.9M | 30.3M | 37.1M | 34.7M | 37.1M | 28.5M | |
| Total Assets | 355.2M | 1.3B | 1.6B | 1.2B | 1.0B | 754.6M | |
| Total Current Assets | 292.5M | 1.2B | 1.5B | 1.1B | 939.6M | 693.0M | |
| Total Cash From Operating Activities | (191.0M) | (216.1M) | (549.2M) | (367.6M) | (198.2M) | (208.1M) |
Zai Fundamentals
| Return On Equity | -0.36 | ||||
| Return On Asset | -0.21 | ||||
| Profit Margin | (1.25) % | ||||
| Operating Margin | (1.88) % | ||||
| Current Valuation | 15.25 B | ||||
| Shares Outstanding | 99.21 M | ||||
| Shares Owned By Insiders | 1.83 % | ||||
| Shares Owned By Institutions | 44.45 % | ||||
| Number Of Shares Shorted | 4.08 M | ||||
| Price To Book | 1.78 X | ||||
| Price To Sales | 5.47 X | ||||
| Revenue | 266.72 M | ||||
| Gross Profit | (145.39 M) | ||||
| EBITDA | (358.84 M) | ||||
| Net Income | (334.62 M) | ||||
| Cash And Equivalents | 1.26 B | ||||
| Cash Per Share | 13.10 X | ||||
| Total Debt | 15.15 M | ||||
| Debt To Equity | 0.02 % | ||||
| Current Ratio | 7.91 X | ||||
| Book Value Per Share | 8.19 X | ||||
| Cash Flow From Operations | (198.18 M) | ||||
| Short Ratio | 6.79 X | ||||
| Earnings Per Share | (3.50) X | ||||
| Price To Earnings To Growth | (0.17) X | ||||
| Target Price | 54.12 | ||||
| Number Of Employees | 2.17 K | ||||
| Beta | 1.12 | ||||
| Market Capitalization | 1.73 B | ||||
| Total Asset | 1.04 B | ||||
| Retained Earnings | (2.2 B) | ||||
| Working Capital | 736.54 M | ||||
| Net Asset | 1.04 B |
About Zai Lab Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Zai Lab's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Zai Lab using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Zai Lab 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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Zai Lab offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Zai Lab's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Zai Lab Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Zai Lab Stock:Check out Zai Lab Piotroski F Score and Zai Lab Altman Z Score analysis. For information on how to trade Zai Stock refer to our How to Trade Zai Stock guide.Note that the Zai Lab information on this page should be used as a complementary analysis to other Zai Lab's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Complementary Tools for Zai Stock analysis
When running Zai Lab's price analysis, check to measure Zai Lab's 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 Zai Lab is operating at the current time. Most of Zai Lab's value examination focuses on studying past and present price action to predict the probability of Zai Lab's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zai Lab's price. Additionally, you may evaluate how the addition of Zai Lab to your portfolios can decrease your overall portfolio volatility.
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Stocks Directory Find actively traded stocks across global markets |
Is Zai Lab's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Zai Lab. If investors know Zai will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Zai Lab listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.50) | Revenue Per Share 2.76 | Quarterly Revenue Growth 0.052 | Return On Assets (0.21) | Return On Equity (0.36) |
The market value of Zai Lab is measured differently than its book value, which is the value of Zai that is recorded on the company's balance sheet. Investors also form their own opinion of Zai Lab's value that differs from its market value or its book value, called intrinsic value, which is Zai Lab's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Zai Lab's market value can be influenced by many factors that don't directly affect Zai Lab's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Zai Lab's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zai Lab is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zai Lab's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.