SCANDENT Z Score

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 World Market Map.
  

SCANDENT Z Score Analysis

SCANDENT IMAGING'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 SCANDENT IMAGING Z Score

    
  58.8  
Most of SCANDENT IMAGING'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, SCANDENT IMAGING LIMITED 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 Z-Score one would need to know current working capital of the company, its total assets, and liabilities, amount of latest retained earnings as well as earnings before interest and tax. Z-Score 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 high probability of distress. Z Score is used widely by financial auditors, accountants, money managers, loan processers, wealth advisers, as well as day traders. In the last 25 years, many financial models that utilize z score has been proved to be successful as a predictor of corporate bankruptcy.
Compare to competition

Based on the company's disclosures, SCANDENT IMAGING LIMITED has a Z Score of 58. This is much higher than that of the Healthcare sector and notably higher than that of the Diagnostics & Research industry. The z score for all India stocks is notably lower than that of the firm.

SCANDENT Z Score Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SCANDENT IMAGING'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 SCANDENT IMAGING could also be used in its relative valuation, which is a method of valuing SCANDENT IMAGING by comparing valuation metrics of similar companies.
SCANDENT IMAGING is currently under evaluation in z score category among related companies.

SCANDENT Fundamentals

Be your own money manager

Our tools can tell you how much better you can do entering a position in SCANDENT IMAGING 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 World Market Map. Note that the SCANDENT IMAGING information on this page should be used as a complementary analysis to other SCANDENT IMAGING'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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

Other Tools for SCANDENT Stock

When running SCANDENT IMAGING price analysis, check to measure SCANDENT IMAGING'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 SCANDENT IMAGING is operating at the current time. Most of SCANDENT IMAGING's value examination focuses on studying past and present price action to predict the probability of SCANDENT IMAGING's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move SCANDENT IMAGING's price. Additionally, you may evaluate how the addition of SCANDENT IMAGING to your portfolios can decrease your overall portfolio volatility.
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