Asustek Computer Stock Z Score

2357 Stock  TWD 602.00  9.00  1.47%   
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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Asustek Computer. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
  

Asustek Computer Company Z Score Analysis

Asustek Computer'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

In accordance with the company's disclosures, Asustek Computer has a Z Score of 0.0. This is 100.0% lower than that of the Technology Hardware, Storage & Peripherals sector and 100.0% lower than that of the Information Technology industry. The z score for all Taiwan stocks is 100.0% higher than that of the company.

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Asustek Fundamentals

About Asustek Computer Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Asustek Computer's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Asustek Computer using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Asustek Computer 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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Additional Tools for Asustek Stock Analysis

When running Asustek Computer's price analysis, check to measure Asustek Computer'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 Asustek Computer is operating at the current time. Most of Asustek Computer's value examination focuses on studying past and present price action to predict the probability of Asustek Computer's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asustek Computer's price. Additionally, you may evaluate how the addition of Asustek Computer to your portfolios can decrease your overall portfolio volatility.