Inhibrx Piotroski F Score

This module uses fundamental data of Inhibrx to approximate its Piotroski F score. Inhibrx F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Inhibrx. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Inhibrx financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Risk vs Return Analysis.

Inhibrx Piotroski F Score 

 
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Inhibrx Debt Current is fairly stable at the moment as compared to the past year. Inhibrx reported Debt Current of 1.5 Million in 2020. Debt to Equity Ratio is likely to rise to 0.98 in 2021, whereas Total Debt is likely to drop slightly above 36.8 M in 2021.
At this time, it appears that Inhibrx's Piotroski F Score is Poor. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
4.0
Piotroski F Score - Poor
1
Current Return On Assets
Negative
2
Change in Return on Assets
Decreased
3
Cash Flow Return on Assets
Negative
4
Current Quality of Earnings (accrual)
Improving
5
Asset Turnover Growth
Decrease
6
Current Ratio Change
Increase
7
Long Term Debt Over Assets Change
Lower Leverage
8
Change In Outstending Shares
Decrease
9
Change in Gross Margin
No Change

Inhibrx Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Inhibrx is to make sure Inhibrx is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Inhibrx's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Inhibrx's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares25.2 M25.3 M
Slightly Down
Increasing
Slightly volatile
Weighted Average Shares Diluted25.2 M25.3 M
Slightly Down
Increasing
Slightly volatile
Total Assets155.1 M143.7 M
Significantly Up
Increasing
Slightly volatile
Total Liabilities64.7 M68.3 M
Notably Down
Increasing
Slightly volatile
Current Assets142.6 M132.2 M
Significantly Up
Increasing
Slightly volatile
Current Liabilities29.7 M31.4 M
Notably Down
Increasing
Slightly volatile
Total Debt36.8 M37.5 M
Fairly Down
Increasing
Slightly volatile
Gross Margin0.890.9
Fairly Down
Decreasing
Slightly volatile
Asset Turnover0.150.151
Slightly Down
Decreasing
Slightly volatile

Inhibrx F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Inhibrx's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Inhibrx in a much-optimized way.

About Inhibrx Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Book Value per Share

3.23Share
Inhibrx Book Value per Share is fairly stable at the moment as compared to the past year. Inhibrx reported Book Value per Share of 2.99 in 2020

Be your own money manager

Our tools can tell you how much better you can do entering a position in Inhibrx without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Inhibrx using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

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Check out Risk vs Return Analysis. Note that the Inhibrx information on this page should be used as a complementary analysis to other Inhibrx'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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

Other Tools for Inhibrx Stock

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