Eqrx Inc Stock Z Score
EQRXDelisted Stock | USD 1.83 0.13 6.63% |
EQRx |
EQRx Inc Company Z Score Analysis
EQRx'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..
| |||||||
| |||||||
| |||||||
| |||||||
|
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.
CompetitionAccording to the company's disclosures, EQRx Inc has a Z Score of 0.0. This is 100.0% lower than that of the Biotechnology sector and 100.0% lower than that of the Health Care industry. The z score for all United States stocks is 100.0% higher than that of the company.
Did you try this?
Run Sectors Now
SectorsList of equity sectors categorizing publicly traded companies based on their primary business activities |
All Next | Launch Module |
EQRx Fundamentals
Return On Equity | -0.2 | |||
Return On Asset | -0.14 | |||
Current Valuation | (75.06 M) | |||
Shares Outstanding | 487.7 M | |||
Shares Owned By Insiders | 11.13 % | |||
Shares Owned By Institutions | 68.24 % | |||
Number Of Shares Shorted | 11.3 M | |||
Price To Book | 1.00 X | |||
EBITDA | (517.58 M) | |||
Net Income | (169.09 M) | |||
Cash And Equivalents | 1.56 B | |||
Cash Per Share | 3.29 X | |||
Total Debt | 3.83 M | |||
Debt To Equity | 0 % | |||
Current Ratio | 28.75 X | |||
Book Value Per Share | 2.41 X | |||
Cash Flow From Operations | (287.27 M) | |||
Short Ratio | 3.07 X | |||
Earnings Per Share | (0.54) X | |||
Target Price | 2.1 | |||
Number Of Employees | 362 | |||
Beta | 0.48 | |||
Market Capitalization | 1.14 B | |||
Total Asset | 1.46 B | |||
Retained Earnings | (527.59 M) | |||
Working Capital | 1.38 B | |||
Net Asset | 1.46 B |
About EQRx Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze EQRx Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of EQRx using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of EQRx Inc 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.
Also Currently Popular
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.Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Other Consideration for investing in EQRx Stock
If you are still planning to invest in EQRx Inc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the EQRx's history and understand the potential risks before investing.
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
Global Correlations Find global opportunities by holding instruments from different markets | |
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
Stocks Directory Find actively traded stocks across global markets | |
Content Syndication Quickly integrate customizable finance content to your own investment portal | |
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments |