Zion Z Score

ZNOG Stock  USD 0.07  0.0042  6.00%   
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 Zion Oil Piotroski F Score and Zion Oil Valuation analysis.
Zion Oil Working Capital is most likely to decrease significantly in the upcoming years. The last year's value of Working Capital was reported at 661,000. Zion Oil Selling General and Administrative Expense is most likely to increase significantly in the upcoming years. The last year's value of Selling General and Administrative Expense was reported at 6.24 Million. The current Weighted Average Shares is estimated to increase to about 505.6 M, while Earning Before Interest and Taxes EBIT is projected to decrease to (56.5 M).

Zion Z Score Analysis

Zion Oil'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 * (
Total Assets )
Fouth Factor
0.6 * (
Market Value of Equity
Total Liabilities )
Fifth Factor
0.99 * (
Total Assets )

Zion Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Zion Oil is extremely important. It helps to project a fair market value of Zion OTC Stock properly, considering its historical fundamentals such as Z Score. Since Zion Oil'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 Zion Oil'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 Zion Oil's interrelated accounts and indicators.
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.

As per the company's disclosures, Zion Oil Gas has a Z Score of 0.0. This is 100.0% lower than that of the Energy sector and 100.0% lower than that of the Oil & Gas E&P industry. The z score for all United States stocks is 100.0% higher than that of the company.

Zion Z Score Peer Comparison

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

Zion Oil Current Valuation Drivers

We derive many important indicators used in calculating different scores of Zion Oil from analyzing Zion Oil's financial statements. These drivers represent accounts that assess Zion Oil's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Zion Oil's important valuation drivers and their relationship over time.
201820192020202120222023 (projected)
Average Assets32.31 M14.76 M34.24 M54.38 M59.94 M64.68 M
Earnings Before Interest Taxes and Depreciation Amortization EBITDA(38.04 M)(6.27 M)(6.44 M)(9.74 M)(54.25 M)(55.68 M)
Earnings Before Interest Taxes and Depreciation Amortization USD(38.04 M)(6.27 M)(6.44 M)(9.74 M)(54.25 M)(55.68 M)
Earnings before Tax(38.51 M)(6.69 M)(7 M)(10.72 M)(55.08 M)(56.53 M)
Average Equity23.07 M8.98 M28.14 M48.25 M56.02 M60.44 M
Enterprise Value23.58 M16.46 M195.42 M51.8 M25.98 M26.67 M
Free Cash Flow(21.78 M)(12.42 M)(19.64 M)(34.84 M)(21.97 M)(23.71 M)
Invested Capital6.86 M15.01 M27.15 M53.16 M21.56 M20.34 M
Invested Capital Average22.62 M12.02 M21.47 M43.46 M51.61 M55.68 M
Market Capitalization27.01 M16.85 M211.16 M56.53 M29.33 M30.1 M
Tangible Asset Value12.52 M18.66 M43.5 M63.43 M27.52 M28.66 M
Working Capital537 K5.01 M11.81 M3.3 M661 K678.39 K

Zion Fundamentals

About Zion Oil Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Zion Oil Gas's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Zion Oil using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Zion Oil Gas 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.
Zion Oil Gas, Inc., together with its subsidiaries, operates as an oil and gas exploration company in Israel. Zion Oil Gas, Inc. was incorporated in 2000 and is headquartered in Dallas, Texas. Zion Oil operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 24 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Zion Oil 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.

Did you try this?

Run Positions Ratings Now


Positions Ratings

Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
All  Next Launch Module

Also Currently Popular

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 Zion Oil Piotroski F Score and Zion Oil Valuation analysis. You can also try Transaction History module to view history of all your transactions and understand their impact on performance.

Complementary Tools for Zion OTC Stock analysis

When running Zion Oil's price analysis, check to measure Zion Oil'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 Zion Oil is operating at the current time. Most of Zion Oil's value examination focuses on studying past and present price action to predict the probability of Zion Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zion Oil's price. Additionally, you may evaluate how the addition of Zion Oil to your portfolios can decrease your overall portfolio volatility.
Money Managers
Screen money managers from public funds and ETFs managed around the world
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
CEO Directory
Screen CEOs from public companies around the world
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Bond Directory
Find actively traded corporate debentures issued by US companies
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Please note, there is a significant difference between Zion Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zion Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zion Oil'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 Zion Oil Piotroski F Score and Zion Oil Valuation analysis.