Adeia P Stock Probability Of Bankruptcy
| ADEA Stock | USD 9.94 0.20 2.05% |
ADEIA | Probability Of Bankruptcy |
ADEIA P Company chance of distress Analysis
ADEIA P'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 ADEIA P Probability Of Bankruptcy | Less than 5% |
Most of ADEIA P'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, ADEIA P is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of ADEIA P 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 ADEIA P 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 ADEIA P financial health.
Is ADEIA P'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 ADEIA P. If investors know ADEIA 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 ADEIA P listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.82) | Dividend Share 0.2 | Earnings Share 0.6 | Revenue Per Share 3.649 | Quarterly Revenue Growth (0.16) |
The market value of ADEIA P is measured differently than its book value, which is the value of ADEIA that is recorded on the company's balance sheet. Investors also form their own opinion of ADEIA P's value that differs from its market value or its book value, called intrinsic value, which is ADEIA P'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 ADEIA P's market value can be influenced by many factors that don't directly affect ADEIA P'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 ADEIA P's value and its price as these two are different measures arrived at by different means. Investors typically determine if ADEIA P is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ADEIA P'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.
ADEIA Probability Of Bankruptcy Driver Correlations
Understanding the fundamental principles of building solid financial models for ADEIA P is extremely important. It helps to project a fair market value of ADEIA Stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since ADEIA P'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 ADEIA P'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 ADEIA P'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, ADEIA P has a Probability Of Bankruptcy of 5.0%. This is 87.64% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The probability of bankruptcy for all United States stocks is 87.45% higher than that of the company.
ADEIA Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ADEIA P'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 ADEIA P could also be used in its relative valuation, which is a method of valuing ADEIA P by comparing valuation metrics of similar companies.ADEIA P is currently under evaluation in probability of bankruptcy category among related companies.
ADEIA P Main Bankruptcy Drivers
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Return On Assets | (0.0611) | 0.0543 | (0.0239) | 0.11 | 0.0609 | 0.064 | |
| Net Debt | 279.4M | 735.4M | 619.0M | 619.6M | 541.4M | 568.4M | |
| Total Current Liabilities | 48.1M | 224.7M | 189.7M | 160.7M | 102.0M | 63.6M | |
| Non Current Liabilities Total | 454.7M | 1.0B | 939.8M | 748.4M | 646.9M | 365.9M | |
| Total Assets | 1.0B | 2.7B | 2.5B | 1.2B | 1.1B | 832.7M | |
| Total Current Assets | 281.2M | 546.3M | 519.5M | 258.7M | 205.8M | 351.9M | |
| Total Cash From Operating Activities | 169.3M | 427.6M | 234.8M | 183.0M | 152.8M | 126.7M |
ADEIA Fundamentals
| Return On Equity | 0.2 | ||||
| Return On Asset | 0.0786 | ||||
| Profit Margin | 0.17 % | ||||
| Operating Margin | 0.29 % | ||||
| Current Valuation | 1.57 B | ||||
| Shares Outstanding | 108.45 M | ||||
| Shares Owned By Insiders | 0.73 % | ||||
| Shares Owned By Institutions | 98.41 % | ||||
| Number Of Shares Shorted | 3.49 M | ||||
| Price To Book | 3.10 X | ||||
| Price To Sales | 2.85 X | ||||
| Revenue | 388.79 M | ||||
| Gross Profit | 438.93 M | ||||
| EBITDA | 247.16 M | ||||
| Net Income | 67.37 M | ||||
| Cash And Equivalents | 285.81 M | ||||
| Cash Per Share | 2.74 X | ||||
| Total Debt | 595.93 M | ||||
| Debt To Equity | 0.60 % | ||||
| Current Ratio | 2.74 X | ||||
| Book Value Per Share | 3.32 X | ||||
| Cash Flow From Operations | 152.75 M | ||||
| Short Ratio | 5.76 X | ||||
| Earnings Per Share | 0.60 X | ||||
| Price To Earnings To Growth | 0.31 X | ||||
| Target Price | 15.0 | ||||
| Number Of Employees | 130 | ||||
| Beta | 1.13 | ||||
| Market Capitalization | 1.07 B | ||||
| Total Asset | 1.11 B | ||||
| Retained Earnings | (56.33 M) | ||||
| Working Capital | 103.8 M | ||||
| Annual Yield | 0.02 % | ||||
| Five Year Return | 3.20 % | ||||
| Net Asset | 1.11 B | ||||
| Last Dividend Paid | 0.2 |
About ADEIA P Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ADEIA P's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ADEIA P using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ADEIA P 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.
Pair Trading with ADEIA P
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ADEIA P position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ADEIA P will appreciate offsetting losses from the drop in the long position's value.Moving together with ADEIA Stock
| 0.83 | U | Unity Software Financial Report 8th of May 2024 | PairCorr |
| 0.74 | DT | Dynatrace Holdings LLC Financial Report 15th of May 2024 | PairCorr |
Moving against ADEIA Stock
| 0.8 | ML | MoneyLion Financial Report 14th of May 2024 | PairCorr |
| 0.67 | VERX | Vertex Financial Report 8th of May 2024 | PairCorr |
| 0.66 | DPSI | DecisionPoint Systems Financial Report 20th of May 2024 | PairCorr |
| 0.46 | DJCO | Daily Journal Corp | PairCorr |
| 0.43 | VERB | VERB TECHNOLOGY PANY | PairCorr |
The ability to find closely correlated positions to ADEIA P could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ADEIA P when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ADEIA P - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ADEIA P to buy it.
The correlation of ADEIA P is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ADEIA P moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ADEIA P moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ADEIA P can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out ADEIA P Piotroski F Score and ADEIA P Altman Z Score analysis. For information on how to trade ADEIA Stock refer to our How to Trade ADEIA Stock guide.Note that the ADEIA P information on this page should be used as a complementary analysis to other ADEIA P'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 Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Complementary Tools for ADEIA Stock analysis
When running ADEIA P's price analysis, check to measure ADEIA P'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 ADEIA P is operating at the current time. Most of ADEIA P's value examination focuses on studying past and present price action to predict the probability of ADEIA P's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ADEIA P's price. Additionally, you may evaluate how the addition of ADEIA P to your portfolios can decrease your overall portfolio volatility.
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Is ADEIA P'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 ADEIA P. If investors know ADEIA 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 ADEIA P listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.82) | Dividend Share 0.2 | Earnings Share 0.6 | Revenue Per Share 3.649 | Quarterly Revenue Growth (0.16) |
The market value of ADEIA P is measured differently than its book value, which is the value of ADEIA that is recorded on the company's balance sheet. Investors also form their own opinion of ADEIA P's value that differs from its market value or its book value, called intrinsic value, which is ADEIA P'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 ADEIA P's market value can be influenced by many factors that don't directly affect ADEIA P'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 ADEIA P's value and its price as these two are different measures arrived at by different means. Investors typically determine if ADEIA P is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ADEIA P'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.