Gohealth Stock Probability Of Bankruptcy

GOCO Stock  USD 10.51  0.49  4.45%   
GoHealth's threat of distress is over 50% at this time. It has a moderate chance of going through some financial trouble in the next 2 years. 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 GoHealth balance sheet, as well as cash flow and income statements available from the company's most recent filings. Check out GoHealth Piotroski F Score and GoHealth Altman Z Score analysis.
To learn how to invest in GoHealth Stock, please use our How to Invest in GoHealth guide.
  

GoHealth Probability Of Bankruptcy Analysis

GoHealth'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.

Current GoHealth Probability Of Bankruptcy

    
  Over 51%  
Most of GoHealth'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, GoHealth is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of GoHealth 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 GoHealth 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 GoHealth financial health.
Is GoHealth'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 GoHealth. If investors know GoHealth 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 GoHealth 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
4.241
Earnings Share
(7.19)
Revenue Per Share
79.065
Quarterly Revenue Growth
2.988
Return On Assets
(0.03)
The market value of GoHealth is measured differently than its book value, which is the value of GoHealth that is recorded on the company's balance sheet. Investors also form their own opinion of GoHealth's value that differs from its market value or its book value, called intrinsic value, which is GoHealth'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 GoHealth's market value can be influenced by many factors that don't directly affect GoHealth'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 GoHealth's value and its price as these two are different measures arrived at by different means. Investors typically determine if GoHealth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GoHealth'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.

GoHealth Probability Of Bankruptcy Driver Correlations

Understanding the fundamental principles of building solid financial models for GoHealth is extremely important. It helps to project a fair market value of GoHealth Stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since GoHealth'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 GoHealth'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 GoHealth's 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, GoHealth has a Probability Of Bankruptcy of 51%. This is 2.14% higher than that of the Insurance sector and 26.33% higher than that of the Financials industry. The probability of bankruptcy for all United States stocks is 28.04% lower than that of the firm.

GoHealth Probability Of Bankruptcy Peer Comparison

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

GoHealth Main Bankruptcy Drivers

201920202021202220232024 (projected)
Return On Assets(0.0256)(0.0461)(0.26)(0.23)(0.0422)(0.0443)
Asset Turnover0.340.420.510.380.490.68
Net Debt279.4M256.3M611.9M541.0M501.5M402.4M
Total Current Liabilities113.1M127.4M217.1M265.5M370.0M209.2M
Non Current Liabilities Total629.1M582.3M959.3M802.1M674.6M720.3M
Total Assets1.6B2.1B2.1B1.7B1.5B1.7B
Total Current Assets143.8M391.8M429.0M414.6M476.4M350.1M
Total Cash From Operating Activities(3K)(114.2M)(299.0M)60.9M109.1M114.6M

GoHealth Fundamentals

About GoHealth Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze GoHealth's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of GoHealth using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of GoHealth 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.
GoHealth, Inc. operates as a health insurance marketplace and Medicare focused digital health company in the United States. GoHealth, Inc. was founded in 2001 and is headquartered in Chicago, Illinois with additional offices in Charlotte, North Carolina, Lindon, Utah, Bratislava, Slovakia, and Kosice, Slovakia. Gohealth Inc operates under Insurance Brokers classification in the United States and is traded on NASDAQ Exchange. It employs 5448 people.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards GoHealth in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, GoHealth's short interest history, or implied volatility extrapolated from GoHealth options trading.

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When determining whether GoHealth offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of GoHealth'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 Gohealth Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gohealth Stock:
Check out GoHealth Piotroski F Score and GoHealth Altman Z Score analysis.
To learn how to invest in GoHealth Stock, please use our How to Invest in GoHealth guide.
Note that the GoHealth information on this page should be used as a complementary analysis to other GoHealth'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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

Complementary Tools for GoHealth Stock analysis

When running GoHealth's price analysis, check to measure GoHealth'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 GoHealth is operating at the current time. Most of GoHealth's value examination focuses on studying past and present price action to predict the probability of GoHealth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GoHealth's price. Additionally, you may evaluate how the addition of GoHealth to your portfolios can decrease your overall portfolio volatility.
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Is GoHealth'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 GoHealth. If investors know GoHealth 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 GoHealth 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
4.241
Earnings Share
(7.19)
Revenue Per Share
79.065
Quarterly Revenue Growth
2.988
Return On Assets
(0.03)
The market value of GoHealth is measured differently than its book value, which is the value of GoHealth that is recorded on the company's balance sheet. Investors also form their own opinion of GoHealth's value that differs from its market value or its book value, called intrinsic value, which is GoHealth'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 GoHealth's market value can be influenced by many factors that don't directly affect GoHealth'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 GoHealth's value and its price as these two are different measures arrived at by different means. Investors typically determine if GoHealth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GoHealth'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.