Century Petroleum Corp Stock Z Score
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 Century Petroleum Piotroski F Score and Century Petroleum Valuation analysis.
As of November 26, 2024, Net Invested Capital is expected to decline to -5,009. In addition to that, Net Working Capital is expected to decline to about (11 K). As of November 26, 2024, Selling General Administrative is expected to decline to about 15.4 K. In addition to that, Operating Income is expected to decline to about (21.7 K)
Century | Z Score |
Century Petroleum Corp Company Z Score Analysis
Century Petroleum'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..
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Century Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for Century Petroleum is extremely important. It helps to project a fair market value of Century Stock properly, considering its historical fundamentals such as Z Score. Since Century Petroleum'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 Century Petroleum'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 Century Petroleum's interrelated accounts and indicators.
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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.
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In accordance with the company's disclosures, Century Petroleum Corp has a Z Score of 0.0. This is 100.0% lower than that of the Oil, Gas & Consumable Fuels sector and 100.0% lower than that of the Energy industry. The z score for all United States stocks is 100.0% higher than that of the company.
Century Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Century Petroleum's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Century Petroleum could also be used in its relative valuation, which is a method of valuing Century Petroleum by comparing valuation metrics of similar companies.Century Petroleum is currently under evaluation in z score category among its peers.
Century Fundamentals
| Current Valuation | 32.12 K | ||||
| Shares Outstanding | 271.86 M | ||||
| Price To Earning | (0.01) X | ||||
| Price To Book | 0.22 X | ||||
| EBITDA | (17.98 K) | ||||
| Net Income | (18.06 K) | ||||
| Cash And Equivalents | 1.48 K | ||||
| Total Debt | 4.93 K | ||||
| Debt To Equity | 16.80 % | ||||
| Current Ratio | 0.01 X | ||||
| Book Value Per Share | 0.04 X | ||||
| Cash Flow From Operations | (29 K) | ||||
| Target Price | 1.3 | ||||
| Beta | 13.83 | ||||
| Market Capitalization | 27.18 K | ||||
| Retained Earnings | (17.86 M) | ||||
| Working Capital | (9.08 K) | ||||
| Current Asset | 9 K | ||||
| Current Liabilities | 1.62 M |
About Century Petroleum Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Century Petroleum Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Century Petroleum using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Century Petroleum Corp 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 Century Petroleum Corp is a strong investment it is important to analyze Century Petroleum's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Century Petroleum's future performance. For an informed investment choice regarding Century Stock, refer to the following important reports:Check out Century Petroleum Piotroski F Score and Century Petroleum Valuation analysis. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
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 Century Petroleum. If investors know Century 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 Century Petroleum listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Century Petroleum Corp is measured differently than its book value, which is the value of Century that is recorded on the company's balance sheet. Investors also form their own opinion of Century Petroleum's value that differs from its market value or its book value, called intrinsic value, which is Century Petroleum's 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 Century Petroleum's market value can be influenced by many factors that don't directly affect Century Petroleum's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Century Petroleum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Century Petroleum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Century Petroleum'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.