Hindusthan National Glass Stock Probability Of Bankruptcy

HINDNATGLS   22.49  1.19  5.03%   
Hindusthan National's odds of distress is above 80% at the present time. It has very high probability of going through financial straits in the upcoming years. Probability of financial unrest prediction helps decision makers evaluate Hindusthan National's chance of financial distress in relation to its going-concern outlook and evaluation. All items used in analyzing the odds of distress are taken from the Hindusthan balance sheet, as well as cash flow and income statements available from the company's most recent filings. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hindusthan National Glass. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
  

Hindusthan National Glass Company probability of financial unrest Analysis

Hindusthan National'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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Normalized

Z-Score

More About Probability Of Bankruptcy | All Equity Analysis

Current Hindusthan National Probability Of Bankruptcy

    
  Over 83%  
Most of Hindusthan National'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, Hindusthan National Glass is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Hindusthan National 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 Hindusthan National 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 Hindusthan National Glass financial health.
Please note, there is a significant difference between Hindusthan National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hindusthan National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hindusthan National'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, Hindusthan National Glass has a Probability Of Bankruptcy of 83%. This is 100.53% higher than that of the Containers & Packaging sector and 55.93% higher than that of the Materials industry. The probability of bankruptcy for all India stocks is 108.39% lower than that of the firm.

Hindusthan Probability Of Bankruptcy Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hindusthan National'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 Hindusthan National could also be used in its relative valuation, which is a method of valuing Hindusthan National by comparing valuation metrics of similar companies.
Hindusthan National is currently under evaluation in probability of bankruptcy category among its peers.

Hindusthan National Main Bankruptcy Drivers

202020212022202320242025 (projected)
Net Debt21.0B20.7B20.5B18.8B21.6B19.8B
Total Current Liabilities25.6B34.8B38.2B37.1B42.6B44.8B
Non Current Liabilities Total8.9B2.2B253.1M159.6M143.7M136.5M
Total Assets30.1B29.4B28.4B28.9B33.3B33.2B
Total Current Assets10.6B10.9B11.0B13.3B15.2B10.9B
Total Cash From Operating Activities2.0B441.9M492.3M1.8B1.6B1.4B

Hindusthan Fundamentals

About Hindusthan National Fundamental Analysis

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

When running Hindusthan National's price analysis, check to measure Hindusthan National'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 Hindusthan National is operating at the current time. Most of Hindusthan National's value examination focuses on studying past and present price action to predict the probability of Hindusthan National's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hindusthan National's price. Additionally, you may evaluate how the addition of Hindusthan National to your portfolios can decrease your overall portfolio volatility.