International Z Score

IMXI -  USA Stock  

USD 19.51  0.08  0.41%

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Please see International Money Piotroski F Score and International Money Valuation analysis.
  
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The current Capital Expenditure is estimated to decrease to about (10.9 M). The current Return on Invested Capital is estimated to decrease to 0.42. International Money Interest Expense is most likely to decrease significantly in the upcoming years. The last year's value of Interest Expense was reported at 4.54 Million. The current Net Income is estimated to increase to about 50.5 M, while Cost of Revenue is projected to decrease to roughly 286.5 M.

International Z Score Analysis

International Money's Z-Score is a simple linear, multi-factor 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..
 2019 2020 2021 2022 (projected)
Interest Expense8.51 M6.57 M4.54 M6.56 M
Gross Profit106.93 M118.61 M151.75 M141.72 M
Z Score 
 = 
Sum Of  
 
5 Factors 
More About Z Score | All Equity Analysis

Current International Money Z Score

    
  15.09  
Most of International Money's fundamental indicators, such as Z Score, 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, International Money Express is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
First Factor
 = 
1.2 * (
Working Capital
/
Total Assets )
Second Factor
 = 
1.4 * (
Retained Earnings
/
Total Assets )
Thrid Factor
 = 
3.3 * (
EBITAD
/
Total Assets )
Fouth Factor
 = 
0.6 * (
Market Value of Equity
/
Total Liabilities )
Fifth Factor
 = 
0.99 * (
Revenue
/
Total Assets )

International Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for International Money is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Z Score. Since International Money'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 International Money'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 International Money's interrelated accounts and indicators.
To calculate Z-Score one would need to know current working capital of the company, its total assets, and liabilities, amount of latest retained earnings as well as earnings before interest and tax. Z-Score 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 Z-Scores 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 so-called 'grey area' with scores of less than 1, indicating the high probability of distress. Z Score is used widely by financial auditors, accountants, money managers, loan processers, wealth advisers, as well as day traders. In the last 25 years, many financial models that utilize z score has been proved to be successful as a predictor of corporate bankruptcy.
Compare to competition

According to the company's disclosures, International Money Express has a Z Score of 15.09. This is 12.19% higher than that of the Technology sector and significantly higher than that of the Software—Infrastructure industry. The z score for all United States stocks is 73.05% lower than that of the firm.

International Z Score Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses International Money's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of International Money could also be used in its relative valuation, which is a method of valuing International Money by comparing valuation metrics of similar companies.
International Money is currently under evaluation in z score category among related companies.

International Money Current Valuation Drivers

We derive many important indicators used in calculating different scores of International Money from analyzing International Money's financial statements. These drivers represent accounts that assess International Money's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of International Money's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Average Assets185.89 M209.07 M257.41 M246.54 M311.97 M281.05 M
Earnings Before Interest Taxes and Depreciation Amortization EBITDA18.45 M28.74 M49.13 M63.7 M77.34 M63.61 M
Earnings Before Interest Taxes and Depreciation Amortization USD18.45 M28.74 M49.13 M63.7 M77.34 M63.61 M
Earnings before Tax(9.64 M)(5.38 M)27.93 M46.3 M63.31 M68.31 M
Average Equity12.73 M23.1 M49.45 M77.62 M125.53 M135.44 M
Free Cash Flow3.07 M14.51 M46.06 M(4.94 M)67.51 M72.84 M
Invested Capital111.76 M129.38 M88.5 M131.56 M122.64 M120.9 M
Invested Capital Average159.44 M144.55 M95.23 M95.18 M131.81 M129.81 M
Tangible Asset Value131.58 M153.18 M163.66 M202.78 M288.88 M242.8 M
Working Capital46.48 M70.61 M64.51 M102.78 M146.69 M118.76 M

International Fundamentals

About International Money Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze International Money Express's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of International Money using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of International Money Express 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.
International Money Express, Inc., through its subsidiary, operates as a money remittance services company in the United States, Latin America, Mexico, Africa, Central and South America, and the Caribbean. International Money Express, Inc. is headquartered in Miami, Florida. International Money operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. It employs 674 people.

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Please see International Money Piotroski F Score and International Money Valuation analysis. Note that the International Money information on this page should be used as a complementary analysis to other International Money'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 Shere Portfolio module to track or share privately all of your investments from the convenience of any device.

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When running International Money price analysis, check to measure International Money'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 International Money is operating at the current time. Most of International Money's value examination focuses on studying past and present price action to predict the probability of International Money's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move International Money's price. Additionally, you may evaluate how the addition of International Money to your portfolios can decrease your overall portfolio volatility.
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Is International Money'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 International Money. If investors know International 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 International Money listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of International Money is measured differently than its book value, which is the value of International that is recorded on the company's balance sheet. Investors also form their own opinion of International Money's value that differs from its market value or its book value, called intrinsic value, which is International Money'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 International Money's market value can be influenced by many factors that don't directly affect International Money'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 International Money's value and its price as these two are different measures arrived at by different means. Investors typically determine International Money value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, International Money'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.