Pasofino Gold Limited Stock Probability Of Bankruptcy
| VEIN Stock | CAD 0.67 0.11 19.64% |
Pasofino | Probability Of Bankruptcy |
Pasofino Gold Limited Company odds of financial turmoil 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.
More About Probability Of Bankruptcy | All Equity Analysis
Probability Of Bankruptcy | = | Normalized | | Z-Score |
Current Pasofino Gold Probability Of Bankruptcy | Less than 45% |
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.
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 45.0%. This indicator is about the same for the Metals & Mining average (which is currently at 44.34) sector and 4.03% lower than that of the Materials industry. The probability of bankruptcy for all Canada stocks is 12.98% 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 Gold Main Bankruptcy Drivers
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Current Liabilities | 197.5K | 5.1M | 1.6M | 1.7M | 2.0M | 1.3M | |
| Total Assets | 151.8K | 2.8M | 2.1M | 2.3M | 2.7M | 1.8M | |
| Total Current Assets | 151.8K | 2.8M | 2.0M | 2.3M | 2.7M | 1.6M | |
| Total Cash From Operating Activities | (472.7K) | (12.7M) | (13.5M) | (5.2M) | (4.7M) | (4.9M) |
Pasofino Fundamentals
| Return On Equity | -3.46 | ||||
| Return On Asset | -1.05 | ||||
| Current Valuation | 22.22 M | ||||
| Shares Outstanding | 112.23 M | ||||
| Shares Owned By Insiders | 70.53 % | ||||
| Number Of Shares Shorted | 7.6 K | ||||
| Price To Book | 34.25 X | ||||
| EBITDA | (5.65 M) | ||||
| Net Income | (5.73 M) | ||||
| Cash And Equivalents | 47.48 K | ||||
| Cash Per Share | 0.01 X | ||||
| Current Ratio | 0.91 X | ||||
| Book Value Per Share | (0.02) X | ||||
| Cash Flow From Operations | (5.22 M) | ||||
| Short Ratio | 0.01 X | ||||
| Earnings Per Share | (0.10) X | ||||
| Target Price | 1.9 | ||||
| Beta | 1.1 | ||||
| Market Capitalization | 75.19 M | ||||
| Total Asset | 2.33 M | ||||
| Retained Earnings | (79.92 M) | ||||
| Working Capital | 591.02 K | ||||
| Net Asset | 2.33 M |
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.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Pasofino Gold Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Complementary Tools for Pasofino Stock analysis
When running Pasofino Gold's price analysis, check to measure Pasofino Gold'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 Pasofino Gold is operating at the current time. Most of Pasofino Gold's value examination focuses on studying past and present price action to predict the probability of Pasofino Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pasofino Gold's price. Additionally, you may evaluate how the addition of Pasofino Gold to your portfolios can decrease your overall portfolio volatility.
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