Eneraqua Technologies Plc Stock Probability Of Bankruptcy

ETP Stock   41.80  0.20  0.48%   
Eneraqua Technologies' odds of distress is over 50% at the present time. It has a moderate probability of going through some financial hardship in the next 2 years. Eneraqua Technologies' Probability of distress is determined by interpolating and adjusting Eneraqua Altman Z Score to account for off-balance-sheet items and missing or unfiled public information. All items used in analyzing the odds of distress are taken from the Eneraqua balance sheet, as well as cash flow and income statements available from the company's most recent filings. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eneraqua Technologies PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
  

Eneraqua Technologies PLC Company probability of distress Analysis

Eneraqua Technologies' 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 Eneraqua Technologies Probability Of Bankruptcy

    
  50%  
Most of Eneraqua Technologies' 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, Eneraqua Technologies PLC is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Eneraqua Technologies 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 Eneraqua Technologies 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 Eneraqua Technologies PLC financial health.
Please note, there is a significant difference between Eneraqua Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Eneraqua Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eneraqua Technologies' 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.
The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
Competition

Based on the latest financial disclosure, Eneraqua Technologies PLC has a Probability Of Bankruptcy of 50.0%. This is 5.66% higher than that of the Electric Utilities sector and significantly higher than that of the Utilities industry. The probability of bankruptcy for all United Kingdom stocks is 25.53% lower than that of the firm.

Eneraqua Probability Of Bankruptcy Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Eneraqua Technologies' direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Eneraqua Technologies could also be used in its relative valuation, which is a method of valuing Eneraqua Technologies by comparing valuation metrics of similar companies.
Eneraqua Technologies is currently under evaluation in probability of bankruptcy category among its peers.

Eneraqua Technologies Main Bankruptcy Drivers

202020212022202320242025 (projected)
Net Debt899.0K(3.9M)4.7M333K383.0K402.1K
Total Current Liabilities5.1M11.5M17.2M24.2M27.8M29.2M
Non Current Liabilities Total4.2M251K6.2M4.3M4.9M3.1M
Total Assets11.6M28.2M48.4M47.4M54.5M57.3M
Total Current Assets8.0M17.6M35.0M33.4M38.4M40.4M
Total Cash From Operating Activities4.7K3.7M(3.0M)6.9M8.0M8.4M

Eneraqua Fundamentals

About Eneraqua Technologies Fundamental Analysis

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

Other Information on Investing in Eneraqua Stock

Eneraqua Technologies financial ratios help investors to determine whether Eneraqua Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Eneraqua with respect to the benefits of owning Eneraqua Technologies security.