Playfair Mining Stock Z Score
| PLY Stock | CAD 0.02 0.01 33.33% |
Playfair | Z Score |
Playfair Mining Company Z Score Analysis
Playfair Mining'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..
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Playfair Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for Playfair Mining is extremely important. It helps to project a fair market value of Playfair Stock properly, considering its historical fundamentals such as Z Score. Since Playfair Mining's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Playfair Mining's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Playfair Mining's interrelated accounts and indicators.
Click cells to compare fundamentals
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 |
Based on the company's disclosures, Playfair Mining has a Z Score of 0.0. This is 100.0% lower than that of the Metals & Mining sector and 100.0% lower than that of the Materials industry. The z score for all Canada stocks is 100.0% higher than that of the company.
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Playfair Fundamentals
| Return On Equity | -0.0877 | ||||
| Return On Asset | -0.0428 | ||||
| Current Valuation | 2.23 M | ||||
| Shares Outstanding | 127.95 M | ||||
| Shares Owned By Insiders | 19.84 % | ||||
| Number Of Shares Shorted | 10 K | ||||
| Price To Earning | (3.93) X | ||||
| Price To Book | 0.96 X | ||||
| Gross Profit | (15.6 K) | ||||
| EBITDA | (336.59 K) | ||||
| Net Income | (361.39 K) | ||||
| Cash And Equivalents | 100.11 K | ||||
| Debt To Equity | 0.02 % | ||||
| Current Ratio | 0.50 X | ||||
| Book Value Per Share | 0.03 X | ||||
| Cash Flow From Operations | (113.91 K) | ||||
| Short Ratio | 0.01 X | ||||
| Beta | 1.92 | ||||
| Market Capitalization | 2.56 M | ||||
| Total Asset | 3.2 M | ||||
| Retained Earnings | (33.29 M) | ||||
| Working Capital | (180.33 K) | ||||
| Net Asset | 3.2 M |
About Playfair Mining Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Playfair Mining's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Playfair Mining using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Playfair Mining 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.
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Playfair Mining. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Complementary Tools for Playfair Stock analysis
When running Playfair Mining's price analysis, check to measure Playfair Mining'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 Playfair Mining is operating at the current time. Most of Playfair Mining's value examination focuses on studying past and present price action to predict the probability of Playfair Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Playfair Mining's price. Additionally, you may evaluate how the addition of Playfair Mining to your portfolios can decrease your overall portfolio volatility.
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