Madoro Metals Corp Stock Z Score

MDM Stock  CAD 0.02  0.00  0.00%   
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. Check out Madoro Metals Piotroski F Score and Madoro Metals Valuation analysis.
  
At this time, Madoro Metals' Net Invested Capital is fairly stable compared to the past year. Capital Stock is likely to climb to about 8 M in 2024, whereas Net Working Capital is likely to drop 227.05 in 2024. At this time, Madoro Metals' Net Interest Income is fairly stable compared to the past year. Interest Income is likely to climb to 118.13 in 2024, whereas Selling General Administrative is likely to drop slightly above 343.8 K in 2024.

Madoro Z Score Analysis

Madoro Metals' 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..
 2021 2022 2023 2024 (projected)
Net Tangible Assets1.6M1.0M1.2M1.3M
Total Current Liabilities64.4K81.7K139.0K102.6K

Z Score

 = 

Sum Of

5 Factors

More About Z Score | All Equity Analysis

Current Madoro Metals Z Score

    
  -6.46  
Most of Madoro Metals' 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, Madoro Metals 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 a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores 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 highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
Competition

Based on the company's disclosures, Madoro Metals Corp has a Z Score of -6.46. This is 357.37% lower than that of the Metals & Mining sector and significantly lower than that of the Materials industry. The z score for all Canada stocks is 174.08% higher than that of the company.

Madoro Z Score Peer Comparison

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

Madoro Fundamentals

About Madoro Metals Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Madoro Metals Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Madoro Metals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Madoro Metals 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.
Madoro Metals Corp., a precious metals company, engages in the acquisition, exploration, and development of mineral properties in Mexico. Madoro Metals Corp. was incorporated in 1984 and is headquartered in Vancouver, Canada. MADORO METALS operates under Other Precious Metals Mining classification in Exotistan and is traded on Commodity Exchange.

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Check out Madoro Metals Piotroski F Score and Madoro Metals Valuation analysis.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

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Please note, there is a significant difference between Madoro Metals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Madoro Metals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Madoro Metals' 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.