Entourage Health Corp Stock Probability Of Bankruptcy

ETRGF Stock  USD 0  0.0001  2.50%   
Entourage Health's odds of distress is over 60% at the present time. It has an above-average probability of going through some form of financial trouble in the next 2 years. Entourage Health's Chance of financial distress is determined by interpolating and adjusting Entourage 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 Entourage 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 Entourage Health Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
  

Entourage Health Corp Company chance of financial distress Analysis

Entourage Health's 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

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Z-Score

More About Probability Of Bankruptcy | All Equity Analysis

Current Entourage Health Probability Of Bankruptcy

    
  Over 65%  
Most of Entourage Health's 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, Entourage Health Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Entourage Health 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 Entourage Health 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 Entourage Health Corp financial health.
Please note, there is a significant difference between Entourage Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Entourage Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Entourage Health'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.
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, Entourage Health Corp has a Probability Of Bankruptcy of 65%. This is 50.15% higher than that of the Healthcare sector and significantly higher than that of the Drug Manufacturers—Specialty & Generic industry. The probability of bankruptcy for all United States stocks is 63.19% lower than that of the firm.

Entourage Probability Of Bankruptcy Peer Comparison

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

Entourage Fundamentals

About Entourage Health Fundamental Analysis

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

Currently Active Assets on Macroaxis

Other Information on Investing in Entourage Pink Sheet

Entourage Health financial ratios help investors to determine whether Entourage Pink Sheet 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 Entourage with respect to the benefits of owning Entourage Health security.