He Equipment Services Stock Probability Of Bankruptcy
| HEES Stock | USD 60.79 2.03 3.45% |
HEES | Probability Of Bankruptcy |
HE Equipment Services Company probability of financial unrest Analysis
HE Equipment'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.
More About Probability Of Bankruptcy | All Equity Analysis
Probability Of Bankruptcy | = | Normalized | | Z-Score |
Current HE Equipment Probability Of Bankruptcy | Less than 1% |
Most of HE Equipment'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, HE Equipment Services is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of HE Equipment 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 HE Equipment 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 HE Equipment Services financial health.
Is Trading Companies & Distributors 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 HE Equipment. If investors know HEES 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 HE Equipment listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.37) | Dividend Share 1.1 | Earnings Share 3.94 | Revenue Per Share 41.909 | Quarterly Revenue Growth (0.04) |
The market value of HE Equipment Services is measured differently than its book value, which is the value of HEES that is recorded on the company's balance sheet. Investors also form their own opinion of HE Equipment's value that differs from its market value or its book value, called intrinsic value, which is HE Equipment'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 HE Equipment's market value can be influenced by many factors that don't directly affect HE Equipment'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 HE Equipment's value and its price as these two are different measures arrived at by different means. Investors typically determine if HE Equipment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HE Equipment'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.
HEES Probability Of Bankruptcy Driver Correlations
Understanding the fundamental principles of building solid financial models for HE Equipment is extremely important. It helps to project a fair market value of HEES Stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since HE Equipment'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 HE Equipment'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 HE Equipment's interrelated accounts and indicators.
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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, HE Equipment Services has a Probability Of Bankruptcy of 1.0%. This is 97.65% lower than that of the Trading Companies & Distributors sector and 98.19% lower than that of the Industrials industry. The probability of bankruptcy for all United States stocks is 97.49% higher than that of the company.
HEES Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses HE Equipment's 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 HE Equipment could also be used in its relative valuation, which is a method of valuing HE Equipment by comparing valuation metrics of similar companies.HE Equipment is currently under evaluation in probability of bankruptcy category among its peers.
HE Equipment Main Bankruptcy Drivers
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Return On Assets | 0.0442 | (0.0165) | 0.0291 | 0.0577 | 0.0641 | 0.0673 | |
| Asset Turnover | 0.68 | 0.59 | 0.51 | 0.54 | 0.56 | 0.92 | |
| Net Debt | 1.3B | 1.1B | 1.1B | 1.3B | 1.6B | 1.7B | |
| Total Current Liabilities | 348.6M | 145.6M | 155.4M | 197.8M | 166.8M | 191.8M | |
| Non Current Liabilities Total | 1.3B | 1.6B | 1.6B | 1.7B | 1.9B | 2.0B | |
| Total Assets | 2.0B | 2.0B | 2.1B | 2.3B | 2.6B | 2.8B | |
| Total Current Assets | 302.2M | 572.6M | 610.9M | 435.9M | 374.6M | 292.4M | |
| Total Cash From Operating Activities | 319.2M | 286.0M | 259.6M | 313.2M | 405.5M | 425.8M |
HE Equipment ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, HE Equipment's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to HE Equipment's managers, analysts, and investors.Environmental | Governance | Social |
HEES Fundamentals
| Return On Equity | 0.26 | ||||
| Return On Asset | 0.057 | ||||
| Profit Margin | 0.09 % | ||||
| Operating Margin | 0.15 % | ||||
| Current Valuation | 3.9 B | ||||
| Shares Outstanding | 36.61 M | ||||
| Shares Owned By Insiders | 12.55 % | ||||
| Shares Owned By Institutions | 80.30 % | ||||
| Number Of Shares Shorted | 1.18 M | ||||
| Price To Earning | 184.71 X | ||||
| Price To Book | 3.60 X | ||||
| Price To Sales | 1.42 X | ||||
| Revenue | 1.47 B | ||||
| Gross Profit | 555.16 M | ||||
| EBITDA | 692.1 M | ||||
| Net Income | 169.29 M | ||||
| Cash And Equivalents | 278.83 M | ||||
| Cash Per Share | 7.80 X | ||||
| Total Debt | 1.61 B | ||||
| Debt To Equity | 4.33 % | ||||
| Current Ratio | 3.02 X | ||||
| Book Value Per Share | 16.54 X | ||||
| Cash Flow From Operations | 405.48 M | ||||
| Short Ratio | 3.76 X | ||||
| Earnings Per Share | 3.94 X | ||||
| Price To Earnings To Growth | 2.49 X | ||||
| Target Price | 62.0 | ||||
| Number Of Employees | 2.77 K | ||||
| Beta | 1.81 | ||||
| Market Capitalization | 2.15 B | ||||
| Total Asset | 2.64 B | ||||
| Retained Earnings | 347.97 M | ||||
| Working Capital | 207.81 M | ||||
| Current Asset | 228.76 M | ||||
| Current Liabilities | 1.15 B | ||||
| Annual Yield | 0.02 % | ||||
| Five Year Return | 3.79 % | ||||
| Net Asset | 2.64 B | ||||
| Last Dividend Paid | 1.1 |
About HE Equipment Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze HE Equipment Services's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of HE Equipment using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of HE Equipment Services 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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Additional Tools for HEES Stock Analysis
When running HE Equipment's price analysis, check to measure HE Equipment's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy HE Equipment is operating at the current time. Most of HE Equipment's value examination focuses on studying past and present price action to predict the probability of HE Equipment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HE Equipment's price. Additionally, you may evaluate how the addition of HE Equipment to your portfolios can decrease your overall portfolio volatility.