ASPIRE Z Score

ASPGF -  USA Stock  

USD 11.88  2.53  27.06%

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. Please continue to ASPIRE GLOBAL Piotroski F Score and ASPIRE GLOBAL Valuation analysis.

ASPIRE Z Score 

 
Refresh

ASPIRE Z Score Analysis

ASPIRE GLOBAL's 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 the 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 the late 1960s at New York University..
Z Score 
 = 
Sum Of  
 
5 Factors 
More About Z Score | All Equity Analysis

Current ASPIRE GLOBAL Z Score

    
  21.0  
Most of ASPIRE GLOBAL's fundamental indicators, such as Z Score, 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, ASPIRE GLOBAL PLC is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
First Factor
 = 
1.2 * (
Working Capital
/
Total Assets )
Second Factor
 = 
1.4 * (
Retained Earnings
/
Total Assets )
Thrid Factor
 = 
3.3 * (
EBITAD
/
Total Assets )
Fouth Factor
 = 
0.6 * (
Market Value of Equity
/
Total Liabilities )
Fifth Factor
 = 
0.99 * (
Revenue
/
Total Assets )
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 a 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 a 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

In accordance with the company's disclosures, ASPIRE GLOBAL PLC has a Z Score of 21.0. This is much higher than that of the Consumer Cyclical sector and notably higher than that of the Gambling industry. The z score for all United States stocks is 140.83% lower than that of the firm.

Did you try this?

Run Money Managers Now

   

Money Managers

Screen money managers from public funds and ETFs managed around the world
All  Next Launch Module

ASPIRE Fundamentals

About ASPIRE GLOBAL Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze ASPIRE GLOBAL PLC's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ASPIRE GLOBAL using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ASPIRE GLOBAL PLC 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.
Aspire Global plc provides managed online gaming solutions to operators and white labels in the Nordic countries, the United Kingdom, Ireland, rest of Europe, and internationally. Aspire Global plc was incorporated in 2003 and is headquartered in Silema, Malta. ASPIRE GLOBAL is traded on OTC Exchange in the United States.

Be your own money manager

Our tools can tell you how much better you can do entering a position in ASPIRE GLOBAL without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Equity Analysis Now

   

Equity Analysis

Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
All  Next Launch Module
Please continue to ASPIRE GLOBAL Piotroski F Score and ASPIRE GLOBAL Valuation analysis. Note that the ASPIRE GLOBAL PLC information on this page should be used as a complementary analysis to other ASPIRE GLOBAL'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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

Complementary Tools for ASPIRE OTC Stock analysis

When running ASPIRE GLOBAL PLC price analysis, check to measure ASPIRE GLOBAL'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 ASPIRE GLOBAL is operating at the current time. Most of ASPIRE GLOBAL's value examination focuses on studying past and present price action to predict the probability of ASPIRE GLOBAL's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move ASPIRE GLOBAL's price. Additionally, you may evaluate how the addition of ASPIRE GLOBAL to your portfolios can decrease your overall portfolio volatility.
Stock Screener
Find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Go
Commodity Channel Index
Use Commodity Channel Index to analyze current equity momentum
Go
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Go
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Go
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Go
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Go
Watchlist Optimization
Optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm
Go
Is ASPIRE GLOBAL'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 ASPIRE GLOBAL. If investors know ASPIRE 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 ASPIRE GLOBAL listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of ASPIRE GLOBAL PLC is measured differently than its book value, which is the value of ASPIRE that is recorded on the company's balance sheet. Investors also form their own opinion of ASPIRE GLOBAL's value that differs from its market value or its book value, called intrinsic value, which is ASPIRE GLOBAL'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 ASPIRE GLOBAL's market value can be influenced by many factors that don't directly affect ASPIRE GLOBAL'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 ASPIRE GLOBAL's value and its price as these two are different measures arrived at by different means. Investors typically determine ASPIRE GLOBAL value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ASPIRE GLOBAL'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.