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 * (

EBITAD

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

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.

Competition

Predict Zion Oil

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.

	2018	2019	2020	2021	2022	2023 (projected)
Average Assets	32.31 M	14.76 M	34.24 M	54.38 M	59.94 M	64.68 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 Equity	23.07 M	8.98 M	28.14 M	48.25 M	56.02 M	60.44 M
Enterprise Value	23.58 M	16.46 M	195.42 M	51.8 M	25.98 M	26.67 M
Free Cash Flow	(21.78 M)	(12.42 M)	(19.64 M)	(34.84 M)	(21.97 M)	(23.71 M)
Invested Capital	6.86 M	15.01 M	27.15 M	53.16 M	21.56 M	20.34 M
Invested Capital Average	22.62 M	12.02 M	21.47 M	43.46 M	51.61 M	55.68 M
Market Capitalization	27.01 M	16.85 M	211.16 M	56.53 M	29.33 M	30.1 M
Tangible Asset Value	12.52 M	18.66 M	43.5 M	63.43 M	27.52 M	28.66 M
Working Capital	537 K	5.01 M	11.81 M	3.3 M	661 K	678.39 K

Zion Fundamentals

	Return On Equity	(0.15) %
	Return On Asset	(0.09) %
	Current Valuation	30.59 M
	Shares Outstanding	514.58 M
	Shares Owned by Insiders	7.32 %
	Number of Shares Shorted	3.64 M
	Price to Book	0.49 X
	EBITDA	(9.74 M)
	Net Income	(10.72 M)
	Cash and Equivalents	3.08 M
	Cash per Share	0.01 X
	Total Debt	274 K
	Debt to Equity	0.004 %
	Current Ratio	1.47 X
	Book Value Per Share	0.14 X
	Cash Flow from Operations	(5.81 M)
	Short Ratio	0.24 X
	Earnings Per Share	(0.032) X
	Number of Employees	24
	Beta	0.91
	Market Capitalization	46.26 M
	Total Asset	63.43 M
	Net Asset	63.43 M

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.

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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.

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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.

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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.

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	Total Assets	Current Assets	Cash and Equivalents	Total Debt	Debt Current	Investments Current	Total Liabilities	Current Liabilities
Total Assets		0.26	0.09	-0.25	0.36	0.25	0.56	0.72
Current Assets	0.26		0.95	0.4	0.53	-0.12	0.07	0.3
Cash and Equivalents	0.09	0.95		0.36	0.29	-0.37	-0.12	0.08
Total Debt	-0.25	0.4	0.36		0.53	0.23	0.23	0.06
Debt Current	0.36	0.53	0.29	0.53		0.71	0.44	0.58
Investments Current	0.25	-0.12	-0.37	0.23	0.71		0.39	0.43
Total Liabilities	0.56	0.07	-0.12	0.23	0.44	0.39		0.9
Current Liabilities	0.72	0.3	0.08	0.06	0.58	0.43	0.9

Zion Z Score

Zion Z Score Analysis

Zion Z Score Driver Correlations

Zion Z Score Peer Comparison

Zion Oil Current Valuation Drivers

Zion Fundamentals

About Zion Oil Fundamental Analysis

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