Mineral Hill Industries Stock Probability Of Bankruptcy
MHIFF Stock | USD 0.03 0.00 0.00% |
Mineral |
Mineral Hill Industries Company chance of financial distress Analysis
Mineral Hill's 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.
More About Probability Of Bankruptcy | All Equity Analysis
Probability Of Bankruptcy | = | Normalized | | Z-Score |
Current Mineral Hill Probability Of Bankruptcy | Over 67% |
Most of Mineral Hill's 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, Mineral Hill Industries is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Mineral Hill 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 Mineral Hill 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 Mineral Hill Industries financial health.
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 |
Based on the latest financial disclosure, Mineral Hill Industries has a Probability Of Bankruptcy of 67%. This is much higher than that of the sector and significantly higher than that of the Probability Of Bankruptcy industry. The probability of bankruptcy for all United States stocks is notably lower than that of the firm.
Mineral Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Mineral Hill's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Mineral Hill could also be used in its relative valuation, which is a method of valuing Mineral Hill by comparing valuation metrics of similar companies.Mineral Hill is currently under evaluation in probability of bankruptcy category among related companies.
Mineral Fundamentals
Return On Asset | -111.63 | |||
Current Valuation | 2.19 M | |||
Shares Outstanding | 18.41 M | |||
Gross Profit | (141.82 K) | |||
Current Ratio | 0.06 X | |||
Book Value Per Share | (0.09) X | |||
Earnings Per Share | (0.02) X | |||
Number Of Employees | 10 | |||
Beta | -0.2 | |||
Market Capitalization | 2.08 M |
About Mineral Hill Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Mineral Hill Industries's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mineral Hill using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mineral Hill Industries 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.
Currently Active Assets on Macroaxis
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mineral Hill Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the Mineral Hill Industries information on this page should be used as a complementary analysis to other Mineral Hill'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 the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Complementary Tools for Mineral Pink Sheet analysis
When running Mineral Hill's price analysis, check to measure Mineral Hill'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 Mineral Hill is operating at the current time. Most of Mineral Hill's value examination focuses on studying past and present price action to predict the probability of Mineral Hill's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mineral Hill's price. Additionally, you may evaluate how the addition of Mineral Hill to your portfolios can decrease your overall portfolio volatility.
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