TATAGLOBAL Probability Of Bankruptcy

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TATA GLOBAL BEVERAGES Probability Of Bankruptcy is used to show its chance of financial distress over the next two years of operations under current economic and market conditions. TATA GLOBAL BEVERAGES Probability Of Bankruptcy is determined by interpolating and adjusting TATAGLOBAL Altman Z Score to account for off-balance-sheet items and missing or unfiled public information. All items used in analyzing the odds of distress are taken from the TATAGLOBAL balance sheet as well as cash flow and income statements available from the company's most recent filings. Check out World Market Map.

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TATAGLOBAL Probability Of Bankruptcy Analysis

For stocks, 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 actual probability the firm will be distressed in the next 2 fiscal years.
Probability Of Bankruptcy 
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Z-Score 
More About Probability Of Bankruptcy | All Equity Analysis

Current TATA GLOBAL BEVERAGES Probability Of Bankruptcy

32%
Our calculation of TATA GLOBAL 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 TATA GLOBAL 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 TATA GLOBAL BEVERAGES financial health.

About Probability Of Bankruptcy

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 to meet its current financial obligations towards its creditors or to deliver on the expectations of its investors. Macroaxis derives these conditions on a daily bases 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, revenues patterns, R&D expenses, and commitments, as well as public headlines and social sentiment. Compare to competition
Based on the latest financial disclosure TATA GLOBAL BEVERAGES has Probability Of Bankruptcy of 32.0%. This is 11.55% lower than that of the Consumer Defensive sector, and 23.08% lower than that of Packaged Foods industry, The Probability Of Bankruptcy for all stocks is 19.66% higher than the company.
32%32%

Chance of Financial Distress

TATA GLOBAL BEVERAGES has less than 32 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for TATA GLOBAL stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info

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