PARKEN Probability Of Bankruptcy

<div class='circular--portrait' style='background:#FF0F00;color: #FFFFF0;font-size:4em;padding-top: 25px;;'>PS</div>
PARKEN Sport Enterta Probability Of Bankruptcy is used to show its chance of financial distress over the next two years of operations under current economic and market conditions. PARKEN Sport Enterta Probability Of Bankruptcy is determined by interpolating and adjusting PARKEN Altman Z Score to account for off-balance-sheet items and missing or unfiled public information. All items used in analyzing the odds of distress are taken from the PARKEN balance sheet as well as cash flow and income statements available from the company's most recent filings. Check out Your Equity Center.

Search Probability Of Bankruptcy

 
Refresh

PARKEN Probability Of Bankruptcy Analysis

For stocks, 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 actual probability the firm will be distressed in the next 2 fiscal years.
PARKEN Sport Entertainment AS operates in the sports industry in Denmark. The company was founded in 1991 and is based in Copenhagen, Denmark. PARKEN Sport operates under Hotels Travel And Leisure classification in Denmark and is traded on Copenhagen Stock Exchange.
Probability Of Bankruptcy 
 = 
Normalized 
 
Z-Score 
More About Probability Of Bankruptcy | All Equity Analysis

Current PARKEN Sport Entertainment Probability Of Bankruptcy

49%
Macroaxis calculation of PARKEN Sport 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 PARKEN Sport ods 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 calculation of PARKEN Sport Entertainment financial health.

About Probability Of Bankruptcy

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 to meet its current financial obligations towards its creditors or to deliver on the expectations of its investors. Macroaxis derives these conditions on a daily bases 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, revenues patterns, R&D expenses, and commitments, as well as public headlines and social sentiment. Compare to competition
Based on latest financial disclosure PARKEN Sport Entertainment has Probability Of Bankruptcy of 49.0%. This is 18.39% higher than that of the Consumer Cyclical sector, and 26.06% higher than that of Leisure industry, The Probability Of Bankruptcy for all stocks is 23.02% lower than the firm.
49%49%

Chance of Financial Distress

PARKEN Sport Entertainment has less than 49 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of ods of distress for PARKEN Sport stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info

PARKEN Fundamentals



 
Macroaxis is not a registered investment advisor or broker/dealer. All investments, including stocks, funds, ETFs, or cryptocurrencies, are speculative and involve substantial risk of loss. We encourage our investors to invest carefully. Much of our information is derived directly from data published by companies or submitted to governmental agencies which we believe are reliable, but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Also, note that past performance is not necessarily indicative of future results. All investments carry risk, and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any investing they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown because hypothetical or simulated performance is not necessarily indicative of future results. For more information please visit our terms and condition page