New Focus Auto Stock Probability Of Bankruptcy
| NWFAF Stock | USD 0.02 0.00 0.00% |
New |
New Focus Auto Company chance of financial distress Analysis
New Focus' 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 New Focus Probability Of Bankruptcy | Less than 41% |
Most of New Focus' 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, New Focus Auto is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of New Focus 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 New Focus 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 New Focus Auto 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, New Focus Auto has a Probability Of Bankruptcy of 41.0%. This indicator is about the same for the average (which is currently at 41.39) sector and 21.16% higher than that of the Probability Of Bankruptcy industry. The probability of bankruptcy for all United States stocks is 2.94% lower than that of the firm.
New Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses New Focus' 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 New Focus could also be used in its relative valuation, which is a method of valuing New Focus by comparing valuation metrics of similar companies.New Focus is currently under evaluation in probability of bankruptcy category among related companies.
New Fundamentals
| Return On Equity | -0.43 | |||
| Return On Asset | -0.0282 | |||
| Profit Margin | (0.11) % | |||
| Operating Margin | (0.08) % | |||
| Current Valuation | 86.37 M | |||
| Shares Outstanding | 17.22 B | |||
| Shares Owned By Insiders | 71.17 % | |||
| Shares Owned By Institutions | 9.37 % | |||
| Price To Earning | 3.55 X | |||
| Price To Book | 1.06 X | |||
| Price To Sales | 0.09 X | |||
| Revenue | 728.14 M | |||
| Gross Profit | 102.45 M | |||
| EBITDA | (60.88 M) | |||
| Net Income | (84.8 M) | |||
| Cash And Equivalents | 672.25 M | |||
| Cash Per Share | 0.10 X | |||
| Total Debt | 110.33 M | |||
| Debt To Equity | 2.20 % | |||
| Current Ratio | 1.21 X | |||
| Book Value Per Share | 0.02 X | |||
| Cash Flow From Operations | (26.28 M) | |||
| Earnings Per Share | (0) X | |||
| Number Of Employees | 889 | |||
| Beta | 0.81 | |||
| Market Capitalization | 125.02 M | |||
| Total Asset | 1.04 B | |||
| Retained Earnings | (777 M) | |||
| Working Capital | 149 M | |||
| Current Asset | 896 M | |||
| Current Liabilities | 747 M | |||
| Z Score | 0.6 | |||
| Net Asset | 1.04 B |
About New Focus Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze New Focus Auto's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of New Focus using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of New Focus Auto 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards New Focus in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, New Focus' short interest history, or implied volatility extrapolated from New Focus options trading.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in New Focus Auto. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the New Focus Auto information on this page should be used as a complementary analysis to other New Focus' 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 Stocks Directory module to find actively traded stocks across global markets.
Complementary Tools for New Pink Sheet analysis
When running New Focus' price analysis, check to measure New Focus' 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 New Focus is operating at the current time. Most of New Focus' value examination focuses on studying past and present price action to predict the probability of New Focus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Focus' price. Additionally, you may evaluate how the addition of New Focus to your portfolios can decrease your overall portfolio volatility.
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| CEOs Directory Screen CEOs from public companies around the world |