Clever Leaves Holdings Stock Probability Of Bankruptcy

CLVR Stock  USD 4.98  0.08  1.63%   
Clever Leaves' chance of distress is under 30% at this time. It has slight odds of undergoing some form of financial hardship in the near future. Clever Leaves' Probability Of Bankruptcy is determined by interpolating and adjusting Clever Altman Z Score to account for off-balance-sheet items and missing or unfiled public information. All items used in analyzing the odds of distress are taken from the Clever balance sheet, as well as cash flow and income statements available from the company's most recent filings. Check out Clever Leaves Piotroski F Score and Clever Leaves Altman Z Score analysis.
  

Clever Probability Of Bankruptcy Analysis

Clever Leaves' 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.
 2023 2024 (projected)
Dividend Yield0.10.088
Price To Sales Ratio0.760.72

Probability Of Bankruptcy

 = 

Normalized

Z-Score

More About Probability Of Bankruptcy | All Equity Analysis

Current Clever Leaves Probability Of Bankruptcy

    
  Less than 30%  
Most of Clever Leaves' 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, Clever Leaves Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Clever Leaves 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 Clever Leaves 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 Clever Leaves Holdings financial health.
Is Clever Leaves' 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 Clever Leaves. If investors know Clever 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 Clever Leaves listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(36.60)
Revenue Per Share
12.388
Quarterly Revenue Growth
0.332
Return On Assets
(0.24)
Return On Equity
(1.02)
The market value of Clever Leaves Holdings is measured differently than its book value, which is the value of Clever that is recorded on the company's balance sheet. Investors also form their own opinion of Clever Leaves' value that differs from its market value or its book value, called intrinsic value, which is Clever Leaves' 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 Clever Leaves' market value can be influenced by many factors that don't directly affect Clever Leaves' 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 Clever Leaves' value and its price as these two are different measures arrived at by different means. Investors typically determine if Clever Leaves is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clever Leaves' 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.

Clever Probability Of Bankruptcy Driver Correlations

Understanding the fundamental principles of building solid financial models for Clever Leaves is extremely important. It helps to project a fair market value of Clever Stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since Clever Leaves' 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 Clever Leaves' 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 Clever Leaves' interrelated accounts and indicators.
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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, Clever Leaves Holdings has a Probability Of Bankruptcy of 30.0%. This is 30.7% lower than that of the Biotechnology sector and significantly higher than that of the Health Care industry. The probability of bankruptcy for all United States stocks is 24.68% higher than that of the company.

Clever Probability Of Bankruptcy Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Clever Leaves' 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 Clever Leaves could also be used in its relative valuation, which is a method of valuing Clever Leaves by comparing valuation metrics of similar companies.
Clever Leaves is currently under evaluation in probability of bankruptcy category among related companies.

Clever Leaves Main Bankruptcy Drivers

201920202021202220232024 (projected)
Total Current Liabilities6.1M10.2M27.2M9.4M10.8M12.1M
Total Current Assets23.5M95.8M60.4M26.2M30.2M50.4M
Total Cash From Operating Activities(37.1M)(22.0M)(36.2M)(29.1M)(15.1M)(15.8M)

Clever Fundamentals

About Clever Leaves Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Clever Leaves Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Clever Leaves using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Clever Leaves Holdings 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.
The company operates through two segments, Cannabinoid and Non-Cannabinoid. The company was founded in 2017 and is based in Boca Raton, Florida. Clever Leaves operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on NASDAQ Exchange. It employs 560 people.

Pair Trading with Clever Leaves

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 Clever Leaves 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 Clever Leaves will appreciate offsetting losses from the drop in the long position's value.

Moving together with Clever Stock

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Moving against Clever Stock

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The ability to find closely correlated positions to Clever Leaves could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Clever Leaves 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 Clever Leaves - 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 Clever Leaves Holdings to buy it.
The correlation of Clever Leaves 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 Clever Leaves moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Clever Leaves Holdings 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 Clever Leaves 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.
Pair CorrelationCorrelation Matching
When determining whether Clever Leaves Holdings is a strong investment it is important to analyze Clever Leaves' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Clever Leaves' future performance. For an informed investment choice regarding Clever Stock, refer to the following important reports:
Check out Clever Leaves Piotroski F Score and Clever Leaves Altman Z Score analysis.
You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

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Is Clever Leaves' 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 Clever Leaves. If investors know Clever 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 Clever Leaves listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(36.60)
Revenue Per Share
12.388
Quarterly Revenue Growth
0.332
Return On Assets
(0.24)
Return On Equity
(1.02)
The market value of Clever Leaves Holdings is measured differently than its book value, which is the value of Clever that is recorded on the company's balance sheet. Investors also form their own opinion of Clever Leaves' value that differs from its market value or its book value, called intrinsic value, which is Clever Leaves' 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 Clever Leaves' market value can be influenced by many factors that don't directly affect Clever Leaves' 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 Clever Leaves' value and its price as these two are different measures arrived at by different means. Investors typically determine if Clever Leaves is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clever Leaves' 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.