# Tenet Z Score

 PKKFF Stock USD 0.18  0.01  5.88%
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 Tenet Fintech Piotroski F Score and Tenet Fintech Valuation analysis.
 Tenet

## Tenet Z Score Analysis

Tenet Fintech's 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..
 Z Score = Sum Of 5 Factors
More About Z Score | All Equity Analysis

### Current Tenet Fintech Z Score

91.2
Most of Tenet Fintech's 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, Tenet Fintech Group 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 Predict Tenet Fintech
Based on the company's disclosures, Tenet Fintech Group has a Z Score of 91. This is much higher than that of the Software sector and significantly higher than that of the Information Technology industry. The z score for all United States stocks is notably lower than that of the firm.

## Tenet Z Score Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tenet Fintech's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Tenet Fintech could also be used in its relative valuation, which is a method of valuing Tenet Fintech by comparing valuation metrics of similar companies.
Tenet Fintech is currently under evaluation in z score category among related companies.

## Tenet Fundamentals

 Return On Equity -0.54 Return On Asset -0.0575 Profit Margin (0.56) % Operating Margin (0.12) % Current Valuation 59.35 M Shares Outstanding 99.54 M Shares Owned by Insiders 7.53 % Number of Shares Shorted 335.85 K Price to Earning (6.13) X Price to Book 0.65 X Price to Sales 0.50 X Revenue 103.63 M Gross Profit 8.69 M EBITDA (47.31 M) Net Income (49.76 M) Cash and Equivalents 15.05 M Cash per Share 0.15 X Total Debt 413.23 K Debt to Equity 0.015 % Current Ratio 4.97 X Book Value Per Share 1.36 X Cash Flow from Operations (40.89 M) Short Ratio 0.90 X Earnings Per Share (0.51) X Target Price 2.55 Number of Employees 17 Beta 1.96 Market Capitalization 63.19 M Total Asset 195.29 M Z Score 91.2 Net Asset 195.29 M

## About Tenet Fintech Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Tenet Fintech Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tenet Fintech using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tenet Fintech Group based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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.
Tenet Fintech Group Inc., through its subsidiaries, operates in the commercial lending industry in China. Tenet Fintech Group Inc. was incorporated in 2008 and is headquartered in Toronto, Canada. Tenet Fintech is traded on OTC Exchange in the United States.
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 Tenet Fintech 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, Tenet Fintech's short interest history, or implied volatility extrapolated from Tenet Fintech options trading.

## Currently Active Assets on Macroaxis

Check out Tenet Fintech Piotroski F Score and Tenet Fintech Valuation analysis. Note that the Tenet Fintech Group information on this page should be used as a complementary analysis to other Tenet Fintech'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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

## Complementary Tools for Tenet OTC Stock analysis

When running Tenet Fintech's price analysis, check to measure Tenet Fintech'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 Tenet Fintech is operating at the current time. Most of Tenet Fintech's value examination focuses on studying past and present price action to predict the probability of Tenet Fintech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tenet Fintech's price. Additionally, you may evaluate how the addition of Tenet Fintech to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Tenet Fintech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tenet Fintech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tenet Fintech's 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.