Imine Z Score

JRVS -  USA Stock  

USD 0.0385  0.0005  1.28%

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 Imine Corp Piotroski F Score and Imine Corp Valuation analysis.

Imine Z Score 

 
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Imine Z Score Analysis

Imine Corp'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..
Z Score 
 = 
Sum Of  
 
5 Factors 
More About Z Score | All Equity Analysis

Current Imine Corp Z Score

    
  1.8  
Most of Imine Corp'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, Imine Corp 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 )
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, Imine Corp has a Z Score of 1.8. This is 25.31% lower than that of the Financial Services sector and significantly higher than that of the Shell Companies industry. The z score for all United States stocks is 79.36% higher than that of the company.

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Imine Fundamentals

About Imine Corp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Imine Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Imine Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Imine Corp 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.
It was previously engaged in the development and selling of computer equipments used for the mining of cryptocurrency. The company was formerly known as Diamante Minerals, Inc. and changed its name to iMine Corporation in March 2018. iMine Corporation was incorporated in 2010 and is based in Indianapolis, Indiana. Imine Corp operates under Shell Companies classification in the United States and is traded on OTC Exchange.

Imine Corp Investors Sentiment

The influence of Imine Corp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Imine. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Current Sentiment - JRVS

Imine Corp Investor Sentiment

Macroaxis portfolio users are indifferent in their judgment towards investing in Imine Corp. What is your judgment towards investing in Imine Corp? Are you bullish or bearish?
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Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Imine Corp 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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Please see Imine Corp Piotroski F Score and Imine Corp Valuation analysis. Note that the Imine Corp information on this page should be used as a complementary analysis to other Imine Corp'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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

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