Greenway Probability Of Bankruptcy

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Greenway Technologies 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. Greenway Technologies Probability Of Bankruptcy is determined by interpolating and adjusting Greenway 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 Greenway balance sheet as well as cash flow and income statements available from the company's most recent filings. Check out Greenway Technologies Piotroski F Score and Greenway Technologies Altman Z Score analysis.

Greenway Probability Of Bankruptcy Analysis

Greenway Technologies' 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 Greenway Technologies Probability Of Bankruptcy

Over 86%

Most of Greenway Technologies' 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, Greenway Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Our calculation of Greenway Technologies 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 Greenway Technologies 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 Greenway Technologies financial health.

Please note, there is a significant difference between Greenway Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Greenway Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Greenway Technologies' 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. Check out Greenway Technologies Piotroski F Score and Greenway Technologies Altman Z Score analysis.

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

Predict Greenway Technologies

Based on the latest financial disclosure, Greenway Technologies has a Probability Of Bankruptcy of 86%. This is 78.35% higher than that of the Energy Equipment & Services sector and 95.94% higher than that of the Energy industry. The probability of bankruptcy for all United States stocks is 115.92% lower than that of the firm.

Greenway Probability Of Bankruptcy Peer Comparison

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

Greenway Technologies is currently under evaluation in probability of bankruptcy category among related companies.

Greenway Fundamentals

	Return On Asset	(14.29) %
	Current Valuation	7.42 M
	Shares Outstanding	377.31 M
	Shares Owned by Insiders	22.65 %
	Price to Sales	1,243 X
	EBITDA	(1.16 M)
	Net Income	(1.74 M)
	Cash and Equivalents	35.19 K
	Total Debt	3.67 M
	Book Value Per Share	(0.028) X
	Cash Flow from Operations	(791.91 K)
	Earnings Per Share	(0.005) X
	Beta	0.17
	Market Capitalization	4.15 M
	Total Asset	60.6 K
	Z Score	-62.1
	Net Asset	60.6 K

About Greenway Technologies Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Greenway Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Greenway Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Greenway Technologies 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.

Greenway Technologies, Inc., through its subsidiary, Greenway Innovative Energy, Inc., engages in the research, development, and commercialization of gas-to-liquids syngas conversion systems to meet individual natural gas fieldresource requirements. The company was formerly known as UMED Holdings, Inc. and changed its name to Greenway Technologies, Inc. in June 2017. Greenway Technologies operates under Oil Gas Equipment Services classification in the United States and is traded on OTC Exchange. It employs 2 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 Greenway Technologies 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, Greenway Technologies' short interest history, or implied volatility extrapolated from Greenway Technologies options trading.

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Check out Greenway Technologies Piotroski F Score and Greenway Technologies Altman Z Score analysis. You can also try Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

Complementary Tools for Greenway OTC Stock analysis

When running Greenway Technologies' price analysis, check to measure Greenway Technologies' 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 Greenway Technologies is operating at the current time. Most of Greenway Technologies' value examination focuses on studying past and present price action to predict the probability of Greenway Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Greenway Technologies' price. Additionally, you may evaluate how the addition of Greenway Technologies to your portfolios can decrease your overall portfolio volatility.

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Greenway Probability Of Bankruptcy

Greenway Probability Of Bankruptcy Analysis

Current Greenway Technologies Probability Of Bankruptcy

Greenway Probability Of Bankruptcy Peer Comparison

Greenway Fundamentals

About Greenway Technologies Fundamental Analysis

Becoming a Better Investor with Macroaxis

Build Optimal Portfolios

Align your risk with return expectations

Complementary Tools for Greenway OTC Stock analysis

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