K9 Gold Corp Stock Z Score

WDFCF Stock  USD 0.13  0.02  18.18%   
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 K9 Gold Piotroski F Score and K9 Gold Valuation analysis.
  

WDFCF Z Score Analysis

K9 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

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, K9 Gold Corp has a Z Score of 0.0. This is 100.0% lower than that of the Basic Materials sector and about the same as Other Industrial Metals & Mining (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.

WDFCF Z Score Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses K9 Gold's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of K9 Gold could also be used in its relative valuation, which is a method of valuing K9 Gold by comparing valuation metrics of similar companies.
K9 Gold is currently under evaluation in z score category among related companies.

WDFCF Fundamentals

About K9 Gold Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze K9 Gold Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of K9 Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of K9 Gold Corp 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.
K9 Gold Corp. engages in the identification, acquisition, and exploration of mineral interests. K9 Gold Corp. was incorporated in 2007 and is headquartered in West Vancouver, Canada. Global Vanadium operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.

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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 K9 Gold Piotroski F Score and K9 Gold Valuation analysis.
Note that the K9 Gold Corp information on this page should be used as a complementary analysis to other K9 Gold's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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When running K9 Gold's price analysis, check to measure K9 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 K9 Gold is operating at the current time. Most of K9 Gold's value examination focuses on studying past and present price action to predict the probability of K9 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 K9 Gold's price. Additionally, you may evaluate how the addition of K9 Gold to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between K9 Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if K9 Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, K9 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.