Delta Oil Gas 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 Delta Oil Piotroski F Score and Delta Oil Valuation analysis.
As of November 28, 2024, Capital Expenditures is expected to decline to about 27 K. At present, Delta Oil's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 620.9 K, whereas Other Operating Expenses is forecasted to decline to 2,688.
Delta | Z Score |
Delta Oil Gas Company Z Score Analysis
Delta 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..
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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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According to the company's disclosures, Delta Oil Gas has a Z Score of 0.0. This is 100.0% lower than that of the Energy sector and about the same as Oil, Gas & Consumable Fuels (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.
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Delta Fundamentals
| Return On Equity | -1.78 | ||||
| Return On Asset | -0.53 | ||||
| Operating Margin | (0.85) % | ||||
| Current Valuation | 324.28 K | ||||
| Shares Outstanding | 15.19 M | ||||
| Shares Owned By Insiders | 3.03 % | ||||
| Price To Earning | (0.12) X | ||||
| Price To Book | 1.66 X | ||||
| Price To Sales | 0.37 X | ||||
| Revenue | 485.05 K | ||||
| Gross Profit | 371.7 K | ||||
| EBITDA | (104.54 K) | ||||
| Net Income | (1.21 M) | ||||
| Cash And Equivalents | 13.89 K | ||||
| Total Debt | 173.8 K | ||||
| Debt To Equity | 2.44 % | ||||
| Current Ratio | 0.27 X | ||||
| Book Value Per Share | 0.01 X | ||||
| Cash Flow From Operations | (195.64 K) | ||||
| Beta | -87.34 | ||||
| Market Capitalization | 168.19 K | ||||
| Total Asset | 1.08 M | ||||
| Retained Earnings | (7.16 M) | ||||
| Working Capital | (176 K) | ||||
| Current Asset | 66 K | ||||
| Current Liabilities | 242 K | ||||
| Net Asset | 1.08 M |
About Delta Oil Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Delta Oil Gas's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Delta Oil using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Delta 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.
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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 Delta Oil Gas offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Delta Oil's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Delta Oil Gas Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Delta Oil Gas Stock:Check out Delta Oil Piotroski F Score and Delta Oil Valuation analysis. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Oil & Gas E&P 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 Delta Oil. If investors know Delta 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 Delta Oil listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share 0.03 | Quarterly Revenue Growth 0.339 | Return On Assets (0.53) | Return On Equity (1.78) |
The market value of Delta Oil Gas is measured differently than its book value, which is the value of Delta that is recorded on the company's balance sheet. Investors also form their own opinion of Delta Oil's value that differs from its market value or its book value, called intrinsic value, which is Delta Oil'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 Delta Oil's market value can be influenced by many factors that don't directly affect Delta Oil'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 Delta Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if Delta Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Delta 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.