Pasofino Z Score

Stocks . Canada . 
Stock . Pasofino Gold Limited
VEIN Stock  CAD 0.48  0.02  4.00%   
Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out Pasofino Gold Piotroski F Score and Pasofino Gold Valuation analysis.
  

Pasofino Z Score Analysis

Pasofino Gold's 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..
Z Score 
 = 
Sum Of  
 
5 Factors 
More About Z Score | All Equity Analysis

Current Pasofino Gold Z Score

    
  -77.61  
Most of Pasofino Gold's fundamental indicators, such as Z Score, 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.
First Factor
 = 
1.2 * (
Working Capital
/
Total Assets )
Second Factor
 = 
1.4 * (
Retained Earnings
/
Total Assets )
Thrid Factor
 = 
3.3 * (
EBITAD
/
Total Assets )
Fouth Factor
 = 
0.6 * (
Market Value of Equity
/
Total Liabilities )
Fifth Factor
 = 
0.99 * (
Revenue
/
Total Assets )
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

As per the company's disclosures, Pasofino Gold Limited has a Z Score of -77.61. This is 3192.03% lower than that of the Basic Materials sector and notably lower than that of the Gold industry. The z score for all Canada stocks is notably higher than that of the company.

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Fundamental Analysis

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Pasofino Fundamentals

Return On Equity(2.39) %
Return On Asset(1.25) %
Current Valuation22.41 M
Shares Outstanding51.91 M
Shares Owned by Insiders22.22 %
Shares Owned by Institutions0.007 %
Number of Shares Shorted2.34 K
Price to Book44.68 X
EBITDA(16.9 M)
Net Income(15.63 M)
Cash and Equivalents47.48 K
Cash per Share0.01 X
Current Ratio0.91 X
Book Value Per Share0.05 X
Cash Flow from Operations(13.51 M)
Short Ratio0.57 X
Earnings Per Share(0.17) X
Target Price1.9
Beta0.88
Market Capitalization24.66 M
Total Asset2.05 M
Retained Earnings(74.2 M)
Working Capital397.17 K
Z Score-77.61
Net Asset2.05 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.
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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Our tools can tell you how much better you can do entering a position in Pasofino Gold without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Check out Pasofino Gold Piotroski F Score and Pasofino Gold Valuation analysis. You can also try Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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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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Altman
Z Score
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Intrinsic
Valuation
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Financial
Analysis
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Buy or Sell
Advice
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Technical
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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. Check out Pasofino Gold Piotroski F Score and Pasofino Gold Valuation analysis.


 
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