Gabelli Probability Of Bankruptcy

Funds . USA . 
Fund . Gabelli Equity Trust
GAB Fund  USD 5.57  0.13  2.39%   
Gabelli Equity Trust Probability Of Bankruptcy is used to show its chance of financial distress over the next two years of operations under current economic and market conditions. Gabelli Equity Trust Probability Of Bankruptcy is determined by interpolating and adjusting Gabelli 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 Gabelli balance sheet as well as cash flow and income statements available from the company's most recent filings. Check out Gabelli Equity Piotroski F Score and Gabelli Equity Altman Z Score analysis.
  

Gabelli Probability Of Bankruptcy Analysis

Gabelli Equity'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.
Probability Of Bankruptcy 
 = 
Normalized 
 
Z-Score 
More About Probability Of Bankruptcy | All Equity Analysis

Current Gabelli Equity Probability Of Bankruptcy

    
  Less than 1%  
Most of Gabelli Equity'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, Gabelli Equity Trust is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Gabelli Equity 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 Gabelli Equity 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 Gabelli Equity Trust financial health.
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Please note, there is a significant difference between Gabelli Equity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gabelli Equity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gabelli Equity'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.
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

Gabelli Equity Probability Of Bankruptcy Component Assessment

Based on the latest financial disclosure, Gabelli Equity Trust has a Probability Of Bankruptcy of 1.0%. This is 98.0% lower than that of the Financial Services family and 97.51% lower than that of the Asset Management category. The probability of bankruptcy for all United States funds is 97.49% higher than that of the company.

Gabelli Probability Of Bankruptcy Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Gabelli Equity's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the funds which would be a good addition to a portfolio. Peer analysis of Gabelli Equity could also be used in its relative valuation, which is a method of valuing Gabelli Equity by comparing valuation metrics of similar companies.
Gabelli Equity is currently under evaluation in probability of bankruptcy among similar funds.

Gabelli Fundamentals

Return On Equity(14.42) %
Return On Asset0.21 %
Operating Margin22.13 %
Current Valuation1.97 B
Shares Outstanding263.51 M
Shares Owned by Insiders0.61 %
Shares Owned by Institutions7.19 %
Number of Shares Shorted851.06 K
Price to Earning10.34 X
Price to Book1.03 X
Price to Sales51.46 X
Revenue30.78 M
Gross Profit34.59 M
Net Income(304.79 M)
Cash and Equivalents503.53 K
Total Debt68.56 M
Debt to Equity0.038 %
Current Ratio1.97 X
Book Value Per Share5.86 X
Cash Flow from Operations(61.79 M)
Short Ratio1.29 X
Earnings Per Share0.58 X
Number of Employees15
Beta0.94
Market Capitalization1.58 B
Total Asset1.11 B
Retained Earnings(197.07 M)
Z Score13.8
Last Dividend Paid0.6

About Gabelli Equity Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Gabelli Equity Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Gabelli Equity using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Gabelli Equity Trust based on its fundamental data. In general, a quantitative approach, as applied to this fund, 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 Gabelli Equity Trust Inc. is a closed ended equity mutual fund launched by GAMCO Investors, Inc. The Gabelli Equity Trust Inc. was formed on August 21, 1986 and is domiciled in the United States. Gabelli Equity operates under Asset Management classification in the United States and is traded on New York Stock Exchange.

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Check out Gabelli Equity Piotroski F Score and Gabelli Equity Altman Z Score analysis. Note that the Gabelli Equity Trust information on this page should be used as a complementary analysis to other Gabelli Equity'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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

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When running Gabelli Equity's price analysis, check to measure Gabelli Equity'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 Gabelli Equity is operating at the current time. Most of Gabelli Equity's value examination focuses on studying past and present price action to predict the probability of Gabelli Equity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gabelli Equity's price. Additionally, you may evaluate how the addition of Gabelli Equity to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Gabelli Equity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gabelli Equity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gabelli Equity'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.


 
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