Tectonic Metals Stock Z Score
TETOF Stock | USD 0.06 0.0004 0.68% |
Tectonic |
Tectonic Metals OTC Stock Z Score Analysis
Tectonic Metals' 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..
| |||||||
| |||||||
| |||||||
| |||||||
|
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, Tectonic Metals has a Z Score of 0.0. This is 100.0% lower than that of the Basic Materials sector and 100.0% lower than that of the Gold industry. The z score for all United States stocks is 100.0% higher than that of the company.
Did you try this?
Run Share Portfolio Now
Share PortfolioTrack or share privately all of your investments from the convenience of any device |
All Next | Launch Module |
Tectonic Fundamentals
Return On Equity | -2.29 | |||
Return On Asset | -0.95 | |||
Current Valuation | 31.32 M | |||
Shares Outstanding | 239.81 M | |||
Shares Owned By Insiders | 15.98 % | |||
Shares Owned By Institutions | 23.70 % | |||
Price To Book | 47.32 X | |||
EBITDA | (9.34 M) | |||
Net Income | (9.39 M) | |||
Cash And Equivalents | 1.39 M | |||
Cash Per Share | 0.01 X | |||
Total Debt | 24.19 K | |||
Debt To Equity | 0.01 % | |||
Current Ratio | 4.58 X | |||
Book Value Per Share | 0.01 X | |||
Cash Flow From Operations | (8.82 M) | |||
Earnings Per Share | (0.05) X | |||
Beta | 1.14 | |||
Market Capitalization | 29.94 M | |||
Total Asset | 1.91 M | |||
Net Asset | 1.91 M |
About Tectonic Metals Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Tectonic Metals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tectonic Metals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tectonic Metals 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.
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 Tectonic Metals 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, Tectonic Metals' short interest history, or implied volatility extrapolated from Tectonic Metals options trading.
Currently Active Assets on Macroaxis
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tectonic Metals. 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 persons. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Complementary Tools for Tectonic OTC Stock analysis
When running Tectonic Metals' price analysis, check to measure Tectonic Metals' 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 Tectonic Metals is operating at the current time. Most of Tectonic Metals' value examination focuses on studying past and present price action to predict the probability of Tectonic Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tectonic Metals' price. Additionally, you may evaluate how the addition of Tectonic Metals to your portfolios can decrease your overall portfolio volatility.
CEOs Directory Screen CEOs from public companies around the world | |
Global Correlations Find global opportunities by holding instruments from different markets | |
Content Syndication Quickly integrate customizable finance content to your own investment portal | |
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges |