Precision Probability Of Bankruptcy

Summary

Precision Castparts Corp 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. Precision Castparts Corp Probability Of Bankruptcy is determined by interpolating and adjusting Precision 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 Precision balance sheet as well as cash flow and income statements available from the company's most recent filings. Check out Your Equity Center.

Precision Probability Of Bankruptcy Analysis

Precision Castparts' 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.

Probability Of Bankruptcy

Normalized

Z-Score

More About Probability Of Bankruptcy | All Equity Analysis

Current Precision Castparts Probability Of Bankruptcy

100%

Most of Precision Castparts' 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, Precision Castparts Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Our calculation of Precision Castparts 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 Precision Castparts 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 Precision Castparts Corp financial health.

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

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, Precision Castparts Corp has a Probability Of Bankruptcy of 100%. This is much higher than that of the sector and significantly higher than that of the Steel Works Etc industry. The probability of bankruptcy for all United States stocks is notably lower than that of the firm.

Precision Probability Of Bankruptcy Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Precision Castparts' direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Precision Castparts could also be used in its relative valuation, which is a method of valuing Precision Castparts by comparing valuation metrics of similar companies.

Precision Castparts is currently under evaluation in probability of bankruptcy category among related companies.

Precision Fundamentals

	Return On Asset	0.07 %
	Profit Margin	0.14 %
	Operating Margin	0.24 %
	Current Valuation	33.8 B
	Shares Outstanding	142.6 M
	Shares Owned by Insiders	0.22 %
	Shares Owned by Institutions	92.10 %
	Number of Shares Shorted	2.14 M
	Price to Earning	24.92 X
	Price to Book	2.82 X
	Price to Sales	3.34 X
	Revenue	10.01 B
	Gross Profit	3.25 B
	Net Income	1.53 B
	Cash and Equivalents	474 M
	Cash per Share	4.59 X
	Total Debt	4.59 B
	Debt to Equity	0.43 %
	Current Ratio	3.06 X
	Cash Flow from Operations	1.7 B
	Earnings Per Share	9.00 X
	Number of Employees	29.9 K
	Beta	0.44
	Total Asset	19.43 B
	Retained Earnings	731.7 M
	Working Capital	3.15 B
	Current Asset	5.97 B
	Current Liabilities	2.83 B

Be your own money manager

Our tools can tell you how much better you can do entering a position in Precision Castparts without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Check out Your Equity Center. Note that the Precision Castparts Corp information on this page should be used as a complementary analysis to other Precision Castparts' 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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

Other Consideration for investing in Precision Stock

If you are still planning to invest in Precision Castparts Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Precision Castparts' history and understand the potential risks before investing.

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