Riley Gold Corp Stock Probability Of Bankruptcy
RLYGF Stock | USD 0.19 0.01 5.56% |
Riley |
Riley Gold Corp OTC Stock chance of financial distress Analysis
Riley Gold's 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 Riley Gold Probability Of Bankruptcy | Over 58% |
Most of Riley Gold's 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, Riley Gold Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Riley Gold 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 Riley Gold 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 Riley Gold Corp 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, Riley Gold Corp has a Probability Of Bankruptcy of 58%. This is 30.81% higher than that of the Basic Materials sector and significantly higher than that of the Other Precious Metals & Mining industry. The probability of bankruptcy for all United States stocks is 45.62% lower than that of the firm.
Riley Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Riley Gold's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Riley Gold could also be used in its relative valuation, which is a method of valuing Riley Gold by comparing valuation metrics of similar companies.Riley Gold is currently under evaluation in probability of bankruptcy category among related companies.
Riley Fundamentals
Return On Equity | -0.2 | |||
Return On Asset | -0.0834 | |||
Current Valuation | 3.62 M | |||
Shares Outstanding | 32.18 M | |||
Shares Owned By Insiders | 17.20 % | |||
Price To Book | 1.44 X | |||
EBITDA | (1.07 M) | |||
Net Income | (1.08 M) | |||
Cash And Equivalents | 451.49 K | |||
Cash Per Share | 0.01 X | |||
Current Ratio | 1.99 X | |||
Book Value Per Share | 0.13 X | |||
Cash Flow From Operations | (860.93 K) | |||
Earnings Per Share | (0.03) X | |||
Beta | 0.72 | |||
Market Capitalization | 5.92 M | |||
Total Asset | 4.73 M | |||
Net Asset | 4.73 M |
About Riley Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Riley Gold Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Riley Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Riley Gold Corp 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.
Currently Active Assets on Macroaxis
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Riley Gold Corp. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the Riley Gold Corp information on this page should be used as a complementary analysis to other Riley Gold'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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Complementary Tools for Riley OTC Stock analysis
When running Riley Gold's price analysis, check to measure Riley Gold'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 Riley Gold is operating at the current time. Most of Riley Gold's value examination focuses on studying past and present price action to predict the probability of Riley Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Riley Gold's price. Additionally, you may evaluate how the addition of Riley Gold to your portfolios can decrease your overall portfolio volatility.
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