Pasofino Gold Limited Stock Probability Of Bankruptcy

VEIN Stock  CAD 0.42  0.02  5.00%   
Pasofino Gold's risk of distress is over 60% at this time. It has an above-average likelihood of going through some form of financial crunch in the next 2 years. Pasofino Gold's Probability Of Bankruptcy is determined by interpolating and adjusting Pasofino 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 Pasofino balance sheet, as well as cash flow and income statements available from the company's most recent filings. Check out Pasofino Gold Piotroski F Score and Pasofino Gold Altman Z Score analysis.
  

Pasofino Probability Of Bankruptcy Analysis

Pasofino Gold'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.

Probability Of Bankruptcy

 = 

Normalized

Z-Score

More About Probability Of Bankruptcy | All Equity Analysis

Current Pasofino Gold Probability Of Bankruptcy

    
  Over 68%  
Most of Pasofino Gold'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, Pasofino Gold Limited is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Pasofino Gold 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 Pasofino Gold 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 Pasofino Gold Limited financial health.
Please note, there is a significant difference between Pasofino Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pasofino Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pasofino Gold'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.
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, Pasofino Gold Limited has a Probability Of Bankruptcy of 68%. This is 53.36% higher than that of the Metals & Mining sector and 45.02% higher than that of the Materials industry. The probability of bankruptcy for all Canada stocks is 70.73% lower than that of the firm.

Pasofino Probability Of Bankruptcy Peer Comparison

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

Pasofino Fundamentals

About Pasofino Gold Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Pasofino Gold Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Pasofino Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Pasofino Gold Limited 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.
Enforcer Gold Corp. engages in the acquisition, exploration, and development of mineral properties in Canada. Enforcer Gold Corp. was incorporated in 2010 and is headquartered in Kelowna, Canada. ENFORCER GOLD operates under Gold classification in Canada and is traded on TSX Venture Exchange.

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Check out Pasofino Gold Piotroski F Score and Pasofino Gold Altman Z Score analysis.
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Please note, there is a significant difference between Pasofino Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pasofino Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pasofino Gold'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.