DarioHealth Corp Fundamental Drivers

DarioHealth Corp -- USA Stock  

USD 1.76  0.07  4.14%

The Drivers Module shows relationships between DarioHealth Corp's most relevant fundamental drivers and provides multiple suggestions of what could possibly affect the performance of DarioHealth Corp over time as well as its relative position and ranking within its peers. Additionally see Investing Opportunities

DarioHealth Corp Current Asset vs. Z Score Fundamental Analysis

DarioHealth Corp is rated below average in z score category among related companies. It is rated below average in current asset category among related companies .
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..
DarioHealth Corp 
Z Score 
 = 
Sum Of  
 
5 Factors 
=
-16.8
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.
Current Asset is all of company's assets that can be used to pay off current liabilities within current fiscal period or over next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
DarioHealth Corp 
Current Asset 
 = 
Cash 
Deposits 
Liquid Assets 
=
4.29 M
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets, since these assets can be easily liquidated in case the company goes bankrupt. However it is usually not enough to know if a company is in a good shape just based on current asset alone; the amount of current liabilities should always be considered.

DarioHealth Corp Current Asset Comparison

  Current Asset 
      DarioHealth Corp Comparables 
DarioHealth Corp is rated below average in current asset category among related companies.

Thematic Opportunities

Explore Investment Opportunities
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked.
Explore Thematic Ideas
Explore Investing Ideas  

Revenue

DarioHealth Corp Revenue Analysis
DarioHealth Corp is rated below average in revenue category among related companies. Market size based on revenue of Medical Equipment industry is currently estimated at about 4.53 Billion. DarioHealth Corp adds roughly 5.17 Million in revenue claiming only tiny portion of all equities under Medical Equipment industry.