# Biotage Ab Z Score

BITGF -- USA Stock

## USD 12.250.000.00%

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. Continue to Biotage Ab Piotroski F Score and Biotage Ab Valuation analysis.
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## Biotage Ab 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
More About Z Score | All Equity Analysis
 Biotage Ab Z Score = 39
 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 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 Predict Biotage Ab
Biotage Ab Ord A has Z Score of 39.0. This is 476.07% higher than that of the sector, and 437.19% higher than that of Z Score industry, The Z Score for all stocks is 347.25% lower than the firm.

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## Biotage Ab current financial ratios

 Return On Equity 25.39 Return On Asset 10.56 Profit Margin 18.68 Current Valuation 798.72 M Shares Outstanding 64.71 M Price to Earning 47.37 Price to Book 12.29 Price to Sales 8.27 Revenue 97.42 M Gross Profit 556.63 M EBITDA 19.04 M Net Income 19.7 M Cash and Equivalents 15.1 M Cash per Share 0.23 Total Debt 12.31 M Debt to Equity 19.40 Current Ratio 2.56 Book Value Per Share 1.17 Cash Flow from Operations 19.09 M Earnings Per Share 0.30 Number of Employees 461 Beta 0.85 Market Capitalization 807.35 M Total Asset 658 M Retained Earnings 541 M Working Capital 212 M Current Asset 327 M Current Liabilities 115 M Z Score 39.0 Last Dividend Paid 0.16