Sas Ab Stock Z Score

SAS-DKK Stock  DKK 0.02  0.0002  1.05%   
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 SAS AB Piotroski F Score and SAS AB Valuation analysis.
For more information on how to buy SAS Stock please use our How to buy in SAS Stock guide.
  

SAS Z Score Analysis

SAS AB'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

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

Based on the company's disclosures, SAS AB has a Z Score of 0.0. This is 100.0% lower than that of the Industrials sector and 100.0% lower than that of the Airports & Air Services industry. The z score for all Denmark stocks is 100.0% higher than that of the company.

SAS Z Score Peer Comparison

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

SAS Fundamentals

About SAS AB Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze SAS AB's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SAS AB using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SAS AB 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.
SAS AB , together with its subsidiaries, provides passenger flight transportation services in the Nordic and international route network. The company was founded in 1946 and is headquartered in Stockholm, Sweden. SAS AB operates under Airports Air Services classification in Denmark and is traded on Copenhagen Stock Exchange. It employs 106 people.
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 SAS AB 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, SAS AB's short interest history, or implied volatility extrapolated from SAS AB options trading.

Currently Active Assets on Macroaxis

When determining whether SAS AB is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if SAS Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Sas Ab Stock. Highlighted below are key reports to facilitate an investment decision about Sas Ab Stock:
Check out SAS AB Piotroski F Score and SAS AB Valuation analysis.
For more information on how to buy SAS Stock please use our How to buy in SAS Stock guide.
Note that the SAS AB information on this page should be used as a complementary analysis to other SAS AB'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 Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

Complementary Tools for SAS Stock analysis

When running SAS AB's price analysis, check to measure SAS AB'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 SAS AB is operating at the current time. Most of SAS AB's value examination focuses on studying past and present price action to predict the probability of SAS AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SAS AB's price. Additionally, you may evaluate how the addition of SAS AB to your portfolios can decrease your overall portfolio volatility.
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Commodity Directory
Find actively traded commodities issued by global exchanges
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Fundamental Analysis
View fundamental data based on most recent published financial statements
Please note, there is a significant difference between SAS AB's value and its price as these two are different measures arrived at by different means. Investors typically determine if SAS AB is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SAS AB'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.