Generation Mining Stock Z Score
GENM Stock  CAD 0.26 0.02 7.14% 
Generation  Z Score 
Generation Mining Company Z Score Analysis
Generation Mining's ZScore is a simple linear, multifactor 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..
 
 
 
 

Generation Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for Generation Mining is extremely important. It helps to project a fair market value of Generation Stock properly, considering its historical fundamentals such as Z Score. Since Generation Mining'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 Generation Mining'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 Generation Mining's interrelated accounts and indicators.
Click cells to compare fundamentals
To calculate a ZScore, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. ZScores 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 ZScores 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 socalled 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize zscores proved it to be successful as a predictor of corporate bankruptcy.
Competition 
According to the company's disclosures, Generation Mining has a Z Score of 0.0. This is 100.0% lower than that of the Metals & Mining sector and about the same as Materials (which currently averages 0.0) industry. The z score for all Canada stocks is 100.0% higher than that of the company.
Generation Mining Current Valuation Drivers
We derive many important indicators used in calculating different scores of Generation Mining from analyzing Generation Mining's financial statements. These drivers represent accounts that assess Generation Mining's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Generation Mining's important valuation drivers and their relationship over time.
2019  2020  2021  2022  2023  2024 (projected)  
Market Cap  18.7M  99.4M  150.1M  138.9M  43.4M  60.6M  
Enterprise Value  17.9M  87.9M  144.9M  123.4M  29.5M  54.2M 
Generation Fundamentals
Return On Equity  9.57  
Return On Asset  0.52  
Current Valuation  52.18 M  
Shares Outstanding  236.05 M  
Shares Owned By Insiders  20.25 %  
Shares Owned By Institutions  8.00 %  
Number Of Shares Shorted  183 K  
Price To Book  35.29 X  
Gross Profit  (47.57 M)  
EBITDA  (18.62 M)  
Net Income  (17.76 M)  
Cash And Equivalents  17.95 M  
Cash Per Share  0.10 X  
Total Debt  191.41 K  
Debt To Equity  0.08 %  
Current Ratio  4.44 X  
Book Value Per Share  (0.12) X  
Cash Flow From Operations  (16.06 M)  
Short Ratio  1.11 X  
Earnings Per Share  (0.09) X  
Target Price  0.75  
Number Of Employees  17  
Beta  1.68  
Market Capitalization  66.09 M  
Total Asset  20.22 M  
Retained Earnings  (114.59 M)  
Working Capital  11.93 M  
Net Asset  20.22 M 
About Generation Mining Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Generation Mining's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Generation Mining using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Generation Mining 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.
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Complementary Tools for Generation Stock analysis
When running Generation Mining's price analysis, check to measure Generation Mining'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 Generation Mining is operating at the current time. Most of Generation Mining's value examination focuses on studying past and present price action to predict the probability of Generation Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Generation Mining's price. Additionally, you may evaluate how the addition of Generation Mining to your portfolios can decrease your overall portfolio volatility.
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