Think Research Stock Probability Of Bankruptcy
| THNK Stock | CAD 0.31 0.01 3.13% |
Think | Probability Of Bankruptcy |
Think Research Company odds of financial turmoil Analysis
Think Research'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 Think Research Probability Of Bankruptcy | Over 66% |
Most of Think Research'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, Think Research is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Think Research 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 Think Research 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 Think Research financial health.
Think Probability Of Bankruptcy Driver Correlations
Understanding the fundamental principles of building solid financial models for Think Research is extremely important. It helps to project a fair market value of Think Stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since Think Research's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Think Research's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Think Research's interrelated accounts and indicators.
Click cells to compare fundamentals
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, Think Research has a Probability Of Bankruptcy of 66%. This is 52.46% higher than that of the Health Care Technology sector and significantly higher than that of the Health Care industry. The probability of bankruptcy for all Canada stocks is 65.7% lower than that of the firm.
Think Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Think Research's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Think Research could also be used in its relative valuation, which is a method of valuing Think Research by comparing valuation metrics of similar companies.Think Research is currently under evaluation in probability of bankruptcy category among related companies.
Think Fundamentals
| Return On Equity | -0.49 | ||||
| Return On Asset | -0.0661 | ||||
| Profit Margin | (0.18) % | ||||
| Operating Margin | (0.27) % | ||||
| Current Valuation | 71.58 M | ||||
| Shares Outstanding | 78.8 M | ||||
| Shares Owned By Insiders | 13.28 % | ||||
| Shares Owned By Institutions | 5.78 % | ||||
| Number Of Shares Shorted | 208.09 K | ||||
| Price To Book | 0.89 X | ||||
| Price To Sales | 0.29 X | ||||
| Revenue | 84.28 M | ||||
| Gross Profit | 6.2 M | ||||
| EBITDA | (4.57 M) | ||||
| Net Income | (15.33 M) | ||||
| Cash And Equivalents | 6.76 M | ||||
| Cash Per Share | 0.16 X | ||||
| Total Debt | 25.32 M | ||||
| Debt To Equity | 0.46 % | ||||
| Current Ratio | 0.74 X | ||||
| Book Value Per Share | 0.36 X | ||||
| Cash Flow From Operations | 2.86 M | ||||
| Short Ratio | 1.18 X | ||||
| Earnings Per Share | (0.21) X | ||||
| Target Price | 0.5 | ||||
| Beta | 0.76 | ||||
| Market Capitalization | 24.43 M | ||||
| Total Asset | 122.88 M | ||||
| Retained Earnings | (147.57 M) | ||||
| Working Capital | (39.28 M) | ||||
| Net Asset | 122.88 M |
About Think Research Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Think Research's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Think Research using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Think Research 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.
Currently Active Assets on Macroaxis
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Think Research. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Complementary Tools for Think Stock analysis
When running Think Research's price analysis, check to measure Think Research'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 Think Research is operating at the current time. Most of Think Research's value examination focuses on studying past and present price action to predict the probability of Think Research's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Think Research's price. Additionally, you may evaluate how the addition of Think Research to your portfolios can decrease your overall portfolio volatility.
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