Zen Graphene Solutions Stock Probability Of Bankruptcy
| ZEN Stock | CAD 1.51 0.04 2.58% |
ZEN | Probability Of Bankruptcy |
ZEN Graphene Solutions Company odds of financial turmoil Analysis
ZEN Graphene'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 ZEN Graphene Probability Of Bankruptcy | Less than 23% |
Most of ZEN Graphene'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, ZEN Graphene Solutions is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of ZEN Graphene 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 ZEN Graphene 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 ZEN Graphene Solutions financial health.
ZEN Probability Of Bankruptcy Driver Correlations
Understanding the fundamental principles of building solid financial models for ZEN Graphene is extremely important. It helps to project a fair market value of ZEN Stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since ZEN Graphene'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 ZEN Graphene'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 ZEN Graphene's interrelated accounts and indicators.
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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, ZEN Graphene Solutions has a Probability Of Bankruptcy of 23.0%. This is 48.13% lower than that of the Health Care Equipment & Supplies sector and significantly higher than that of the Health Care industry. The probability of bankruptcy for all Canada stocks is 42.25% higher than that of the company.
ZEN Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ZEN Graphene'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 ZEN Graphene could also be used in its relative valuation, which is a method of valuing ZEN Graphene by comparing valuation metrics of similar companies.ZEN Graphene is currently under evaluation in probability of bankruptcy category among related companies.
ZEN Graphene Main Bankruptcy Drivers
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Return On Assets | (0.0585) | (0.13) | (1.02) | (0.43) | (0.5) | (0.47) | |
| Net Debt | (805.9K) | (2.7M) | (24.4M) | (8.7M) | (7.9M) | (7.5M) | |
| Total Current Liabilities | 527.6K | 2.5M | 2.3M | 2.4M | 2.8M | 2.9M | |
| Total Assets | 26.2M | 30.3M | 38.0M | 33.3M | 38.3M | 24.0M | |
| Total Current Assets | 1.1M | 3.4M | 32.0M | 18.0M | 20.6M | 21.7M | |
| Total Cash From Operating Activities | (1.4M) | (1.8M) | (8.0M) | (13.0M) | (11.7M) | (11.1M) |
ZEN Fundamentals
| Return On Equity | -0.5 | ||||
| Return On Asset | -0.29 | ||||
| Operating Margin | (230.68) % | ||||
| Current Valuation | 152.26 M | ||||
| Shares Outstanding | 100.82 M | ||||
| Shares Owned By Insiders | 5.93 % | ||||
| Shares Owned By Institutions | 0.79 % | ||||
| Number Of Shares Shorted | 1.47 M | ||||
| Price To Earning | (17.45) X | ||||
| Price To Book | 7.40 X | ||||
| Price To Sales | 4,950 X | ||||
| Revenue | 72.86 K | ||||
| Gross Profit | (857.01 K) | ||||
| EBITDA | (13.61 M) | ||||
| Net Income | (14.41 M) | ||||
| Cash And Equivalents | 4.48 M | ||||
| Cash Per Share | 0.05 X | ||||
| Total Debt | 1.61 M | ||||
| Debt To Equity | 0.01 % | ||||
| Current Ratio | 7.86 X | ||||
| Book Value Per Share | 0.22 X | ||||
| Cash Flow From Operations | (12.96 M) | ||||
| Short Ratio | 39.88 X | ||||
| Earnings Per Share | (0.11) X | ||||
| Target Price | 3.0 | ||||
| Number Of Employees | 29 | ||||
| Beta | 0.84 | ||||
| Market Capitalization | 156.27 M | ||||
| Total Asset | 33.29 M | ||||
| Retained Earnings | (66.2 M) | ||||
| Working Capital | 15.53 M | ||||
| Net Asset | 33.29 M |
About ZEN Graphene Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ZEN Graphene Solutions's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ZEN Graphene using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ZEN Graphene Solutions 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.When determining whether ZEN Graphene Solutions is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if ZEN Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Zen Graphene Solutions Stock. Highlighted below are key reports to facilitate an investment decision about Zen Graphene Solutions Stock:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ZEN Graphene Solutions. 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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Complementary Tools for ZEN Stock analysis
When running ZEN Graphene's price analysis, check to measure ZEN Graphene'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 ZEN Graphene is operating at the current time. Most of ZEN Graphene's value examination focuses on studying past and present price action to predict the probability of ZEN Graphene's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ZEN Graphene's price. Additionally, you may evaluate how the addition of ZEN Graphene to your portfolios can decrease your overall portfolio volatility.
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