Comstock Resources Stock Probability Of Bankruptcy

CRK Stock

USD 15.57 0.15 0.97%

Comstock Resources' probability of distress is under 24% at the moment. It has slight risk of undergoing some form of financial hardship in the near future. Odds of financial distress prediction helps decision makers evaluate Comstock Resources' chance of financial distress in relation to its going-concern outlook and evaluation. All items used in analyzing the odds of distress are taken from the Comstock balance sheet, as well as cash flow and income statements available from the company's most recent filings. Check out Comstock Resources Piotroski F Score and Comstock Resources Altman Z Score analysis.

For more information on how to buy Comstock Stock please use our How to buy in Comstock Stock guide.

Enterprise Value is expected to rise to about 1.1 B this year, although the value of Market Cap will most likely fall to about 67.5 M.

Comstock Resources Company odds of financial distress Analysis

Comstock Resources' 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.

Probability Of Bankruptcy

Normalized

Z-Score

More About Probability Of Bankruptcy | All Equity Analysis

Current Comstock Resources Probability Of Bankruptcy

Less than 24%

Most of Comstock Resources' 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, Comstock Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Our calculation of Comstock Resources 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 Comstock Resources 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 Comstock Resources financial health.

Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Comstock Resources. If investors know Comstock will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Comstock Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.79)

Earnings Share

(0.18)

Revenue Per Share

4.574

Quarterly Revenue Growth

(0.19)

Return On Assets

(0.01)

The market value of Comstock Resources is measured differently than its book value, which is the value of Comstock that is recorded on the company's balance sheet. Investors also form their own opinion of Comstock Resources' value that differs from its market value or its book value, called intrinsic value, which is Comstock Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Comstock Resources' market value can be influenced by many factors that don't directly affect Comstock Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Total Liab	Total Current Assets	Net Receivables	Short Term Debt	Accounts Payable	Common Stock	Current Deferred Revenue	Short Term Investments	Net Tangible Assets	Long Term Debt	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Property Plant Equipment	Accumulated Depreciation	Long Term Investments	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.94	0.94	0.69	0.97	0.8	0.83	-0.41	0.95	0.97	0.2	0.06	0.8	0.84	0.83	0.82	0.82	0.86	0.38	-0.43	0.39	-0.6	0.92	-0.85	0.61
Total Stockholder Equity	0.94		0.78	0.87	0.85	0.7	0.79	-0.47	0.9	0.89	0.13	0.18	0.92	0.66	0.65	0.72	0.88	0.84	0.33	-0.6	0.15	-0.42	0.81	-0.71	0.41
Net Debt	0.94	0.78		0.43	0.99	0.77	0.75	-0.31	0.86	0.93	0.2	-0.07	0.59	0.93	0.92	0.82	0.64	0.78	0.38	-0.24	0.56	-0.7	0.9	-0.9	0.73
Retained Earnings	0.69	0.87	0.43		0.52	0.49	0.55	-0.39	0.69	0.59	-0.04	0.32	0.91	0.29	0.27	0.41	0.81	0.63	0.27	-0.63	-0.19	-0.14	0.5	-0.35	0.09
Total Liab	0.97	0.85	0.99	0.52		0.8	0.81	-0.37	0.9	0.96	0.23	-0.02	0.68	0.91	0.9	0.84	0.72	0.82	0.38	-0.29	0.51	-0.68	0.93	-0.89	0.72
Total Current Assets	0.8	0.7	0.77	0.49	0.8		0.91	-0.14	0.92	0.83	0.46	-0.05	0.57	0.69	0.67	0.78	0.72	0.62	0.23	-0.19	0.56	-0.42	0.83	-0.68	0.41
Net Receivables	0.83	0.79	0.75	0.55	0.81	0.91		-0.35	0.89	0.88	0.58	0.05	0.65	0.72	0.71	0.81	0.74	0.76	0.35	-0.36	0.42	-0.46	0.86	-0.74	0.47
Short Term Debt	-0.41	-0.47	-0.31	-0.39	-0.37	-0.14	-0.35		-0.32	-0.45	0.13	-0.48	-0.5	-0.31	-0.28	-0.34	-0.59	-0.49	-0.66	0.67	0.32	0.4	-0.43	0.44	-0.33
Accounts Payable	0.95	0.9	0.86	0.69	0.9	0.92	0.89	-0.32		0.94	0.26	0.02	0.79	0.74	0.72	0.83	0.86	0.77	0.27	-0.4	0.44	-0.48	0.9	-0.8	0.44
Common Stock	0.97	0.89	0.93	0.59	0.96	0.83	0.88	-0.45	0.94		0.26	0.08	0.75	0.87	0.85	0.87	0.82	0.85	0.46	-0.43	0.47	-0.68	0.97	-0.93	0.64
Current Deferred Revenue	0.2	0.13	0.2	-0.04	0.23	0.46	0.58	0.13	0.26	0.26		-0.45	-0.08	0.27	0.3	0.33	-0.04	0.19	0.01	0.21	0.45	-0.11	0.28	-0.16	0.15
Short Term Investments	0.06	0.18	-0.07	0.32	-0.02	-0.05	0.05	-0.48	0.02	0.08	-0.45		0.39	-0.05	-0.07	-0.01	0.41	0.21	0.42	-0.56	-0.5	-0.07	0.07	-0.08	0.05
Net Tangible Assets	0.8	0.92	0.59	0.91	0.68	0.57	0.65	-0.5	0.79	0.75	-0.08	0.39		0.47	0.45	0.6	0.92	0.77	0.28	-0.65	-0.06	-0.26	0.69	-0.55	0.33
Long Term Debt	0.84	0.66	0.93	0.29	0.91	0.69	0.72	-0.31	0.74	0.87	0.27	-0.05	0.47		1.0	0.9	0.53	0.86	0.45	-0.21	0.57	-0.68	0.91	-0.89	0.79
Long Term Debt Total	0.83	0.65	0.92	0.27	0.9	0.67	0.71	-0.28	0.72	0.85	0.3	-0.07	0.45	1.0		0.89	0.48	0.85	0.43	-0.17	0.58	-0.69	0.89	-0.88	0.81
Capital Surpluse	0.82	0.72	0.82	0.41	0.84	0.78	0.81	-0.34	0.83	0.87	0.33	-0.01	0.6	0.9	0.89		0.67	0.9	0.33	-0.34	0.51	-0.47	0.94	-0.83	0.6
Deferred Long Term Liab	0.82	0.88	0.64	0.81	0.72	0.72	0.74	-0.59	0.86	0.82	-0.04	0.41	0.92	0.53	0.48	0.67		0.73	0.42	-0.68	0.05	-0.39	0.78	-0.66	0.32
Property Plant Equipment	0.86	0.84	0.78	0.63	0.82	0.62	0.76	-0.49	0.77	0.85	0.19	0.21	0.77	0.86	0.85	0.9	0.73		0.47	-0.52	0.22	-0.48	0.89	-0.78	0.63
Accumulated Depreciation	0.38	0.33	0.38	0.27	0.38	0.23	0.35	-0.66	0.27	0.46	0.01	0.42	0.28	0.45	0.43	0.33	0.42	0.47		-0.43	-0.07	-0.74	0.47	-0.54	0.54
Long Term Investments	-0.43	-0.6	-0.24	-0.63	-0.29	-0.19	-0.36	0.67	-0.4	-0.43	0.21	-0.56	-0.65	-0.21	-0.17	-0.34	-0.68	-0.52	-0.43		0.5	0.06	-0.35	0.38	-0.01
Short Long Term Debt	0.39	0.15	0.56	-0.19	0.51	0.56	0.42	0.32	0.44	0.47	0.45	-0.5	-0.06	0.57	0.58	0.51	0.05	0.22	-0.07	0.5		-0.49	0.53	-0.52	0.38
Cash And Equivalents	-0.6	-0.42	-0.7	-0.14	-0.68	-0.42	-0.46	0.4	-0.48	-0.68	-0.11	-0.07	-0.26	-0.68	-0.69	-0.47	-0.39	-0.48	-0.74	0.06	-0.49		-0.68	0.8	-0.78
Net Invested Capital	0.92	0.81	0.9	0.5	0.93	0.83	0.86	-0.43	0.9	0.97	0.28	0.07	0.69	0.91	0.89	0.94	0.78	0.89	0.47	-0.35	0.53	-0.68		-0.92	0.69
Net Working Capital	-0.85	-0.71	-0.9	-0.35	-0.89	-0.68	-0.74	0.44	-0.8	-0.93	-0.16	-0.08	-0.55	-0.89	-0.88	-0.83	-0.66	-0.78	-0.54	0.38	-0.52	0.8	-0.92		-0.71
Capital Stock	0.61	0.41	0.73	0.09	0.72	0.41	0.47	-0.33	0.44	0.64	0.15	0.05	0.33	0.79	0.81	0.6	0.32	0.63	0.54	-0.01	0.38	-0.78	0.69	-0.71

	2019	2020	2021	2022	2023	2024 (projected)
Return On Assets	0.0208	(0.0113)	(0.0518)	0.2	0.0338	0.0355
Asset Turnover	0.27	0.12	0.17	0.4	0.64	0.25
Gross Profit Margin	0.4	0.23	0.59	0.64	0.17	0.16
Net Debt	2.5B	2.5B	2.6B	2.2B	2.7B	2.8B
Total Current Liabilities	392.4M	441.6M	634.0M	756.1M	681.5M	715.6M
Non Current Liabilities Total	3.1B	2.7B	2.8B	2.7B	3.2B	3.3B
Total Assets	4.7B	4.6B	4.7B	5.7B	6.3B	6.6B
Total Current Assets	303.6M	199.8M	318.7M	645.0M	461.5M	484.6M
Total Cash From Operating Activities	451.2M	575.7M	859.0M	1.7B	1.0B	1.1B

	Return On Equity	-0.0237
	Return On Asset	-0.0118
	Profit Margin	(0.05) %
	Operating Margin	(0.20) %
	Current Valuation	7.57 B
	Shares Outstanding	292.26 M
	Shares Owned By Insiders	74.47 %
	Shares Owned By Institutions	32.60 %
	Number Of Shares Shorted	27.84 M
	Price To Earning	17.08 X
	Price To Book	1.98 X
	Price To Sales	3.51 X
	Revenue	1.57 B
	Gross Profit	2.82 B
	EBITDA	1.02 B
	Net Income	211.57 M
	Cash And Equivalents	54.65 M
	Cash Per Share	0.14 X
	Total Debt	2.71 B
	Debt To Equity	1.81 %
	Current Ratio	0.55 X
	Book Value Per Share	7.85 X
	Cash Flow From Operations	1.02 B
	Short Ratio	13.40 X
	Earnings Per Share	(0.18) X
	Price To Earnings To Growth	(0.04) X
	Target Price	10.88
	Number Of Employees	251
	Beta	0.48
	Market Capitalization	4.55 B
	Total Asset	6.25 B
	Retained Earnings	958.27 M
	Working Capital	(220 M)
	Current Asset	156.24 M
	Current Liabilities	95.72 M
	Net Asset	6.25 B
	Last Dividend Paid	0.13

Comstock Resources Stock Probability Of Bankruptcy

Comstock Resources Company odds of financial distress Analysis

Probability Of Bankruptcy

Normalized

Z-Score

Current Comstock Resources Probability Of Bankruptcy

Comstock Probability Of Bankruptcy Driver Correlations

Comstock Probability Of Bankruptcy Peer Comparison

Comstock Resources Main Bankruptcy Drivers

Comstock Resources ESG Sustainability

Comstock Fundamentals

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