Goodrx Holdingsinc Stock Probability Of Bankruptcy

GDRX Stock  USD 7.10  0.09  1.28%   
Goodrx HoldingsInc's chance of distress is under 35% at this time. It has slight odds of undergoing some form of financial crunch in the near future. Chance Of Bankruptcy shows the probability of financial distress over the next two years of operations under current economic and market conditions. All items used in analyzing the odds of distress are taken from the Goodrx balance sheet, as well as cash flow and income statements available from the company's most recent filings. Check out Goodrx HoldingsInc Piotroski F Score and Goodrx HoldingsInc Altman Z Score analysis.
For more information on how to buy Goodrx Stock please use our How to Invest in Goodrx HoldingsInc guide.
  

Goodrx Probability Of Bankruptcy Analysis

Goodrx HoldingsInc'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.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total702.3M717.0M711.1M569.1M
Total Assets1.6B1.6B1.6B1.3B

Probability Of Bankruptcy

 = 

Normalized

Z-Score

More About Probability Of Bankruptcy | All Equity Analysis

Current Goodrx HoldingsInc Probability Of Bankruptcy

    
  Less than 35%  
Most of Goodrx HoldingsInc'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, Goodrx HoldingsInc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Goodrx HoldingsInc 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 Goodrx HoldingsInc 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 Goodrx HoldingsInc financial health.
Is Goodrx HoldingsInc'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 Goodrx HoldingsInc. If investors know Goodrx 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 Goodrx HoldingsInc 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
6.635
Earnings Share
(0.02)
Revenue Per Share
1.829
Quarterly Revenue Growth
0.068
Return On Assets
0.0195
The market value of Goodrx HoldingsInc is measured differently than its book value, which is the value of Goodrx that is recorded on the company's balance sheet. Investors also form their own opinion of Goodrx HoldingsInc's value that differs from its market value or its book value, called intrinsic value, which is Goodrx HoldingsInc'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 Goodrx HoldingsInc's market value can be influenced by many factors that don't directly affect Goodrx HoldingsInc'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 Goodrx HoldingsInc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Goodrx HoldingsInc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Goodrx HoldingsInc'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.

Goodrx Probability Of Bankruptcy Driver Correlations

Understanding the fundamental principles of building solid financial models for Goodrx HoldingsInc is extremely important. It helps to project a fair market value of Goodrx Stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since Goodrx HoldingsInc'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 Goodrx HoldingsInc'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 Goodrx HoldingsInc's interrelated accounts and indicators.
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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, Goodrx HoldingsInc has a Probability Of Bankruptcy of 35.0%. This is 19.15% lower than that of the Health Care Technology sector and significantly higher than that of the Health Care industry. The probability of bankruptcy for all United States stocks is 12.13% higher than that of the company.

Goodrx Probability Of Bankruptcy Peer Comparison

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

Goodrx HoldingsInc Main Bankruptcy Drivers

201920202021202220232024 (projected)
Return On Assets0.17(0.2)(0.0157)(0.0205)(0.005582)(0.005302)
Asset Turnover1.00.370.460.480.470.66
Gross Profit Margin0.960.950.940.920.771.01
Net Debt684.9M(263.8M)(238.8M)(40.1M)38.8M36.8M
Total Current Liabilities33.4M59.6M81.1M76.3M122.6M71.4M
Non Current Liabilities Total1.4B699.2M694.8M713.5M704.3M761.8M
Total Assets386.8M1.5B1.6B1.6B1.6B1.3B
Total Current Assets86.6M1.1B1.1B919.7M872.8M756.7M
Total Cash From Operating Activities83.3M131.3M178.8M146.8M138.3M132.7M

Goodrx Fundamentals

About Goodrx HoldingsInc Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Goodrx HoldingsInc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Goodrx HoldingsInc using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Goodrx HoldingsInc 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.
GoodRx Holdings, Inc., through its subsidiaries, offers information and tools that enable consumers to compare prices and save on their prescription drug purchases in the United States. The company was incorporated in 2015 and is headquartered in Santa Monica, California. GoodRx Holdings operates under Health Information Services classification in the United States and is traded on NASDAQ Exchange. It employs 756 people.

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When determining whether Goodrx HoldingsInc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Goodrx HoldingsInc's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Goodrx Holdingsinc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Goodrx Holdingsinc Stock:
Check out Goodrx HoldingsInc Piotroski F Score and Goodrx HoldingsInc Altman Z Score analysis.
For more information on how to buy Goodrx Stock please use our How to Invest in Goodrx HoldingsInc guide.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

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When running Goodrx HoldingsInc's price analysis, check to measure Goodrx HoldingsInc'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 Goodrx HoldingsInc is operating at the current time. Most of Goodrx HoldingsInc's value examination focuses on studying past and present price action to predict the probability of Goodrx HoldingsInc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Goodrx HoldingsInc's price. Additionally, you may evaluate how the addition of Goodrx HoldingsInc to your portfolios can decrease your overall portfolio volatility.
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Is Goodrx HoldingsInc'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 Goodrx HoldingsInc. If investors know Goodrx 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 Goodrx HoldingsInc 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
6.635
Earnings Share
(0.02)
Revenue Per Share
1.829
Quarterly Revenue Growth
0.068
Return On Assets
0.0195
The market value of Goodrx HoldingsInc is measured differently than its book value, which is the value of Goodrx that is recorded on the company's balance sheet. Investors also form their own opinion of Goodrx HoldingsInc's value that differs from its market value or its book value, called intrinsic value, which is Goodrx HoldingsInc'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 Goodrx HoldingsInc's market value can be influenced by many factors that don't directly affect Goodrx HoldingsInc'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 Goodrx HoldingsInc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Goodrx HoldingsInc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Goodrx HoldingsInc'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.