K Bro Linen Stock Z Score

Understanding the fundamental principles of building solid financial models for K Bro is extremely important. It helps to project a fair market value of KBL Stock properly, considering its historical fundamentals such as Z Score. Since K Bro'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 K Bro'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 K Bro's interrelated accounts and indicators.

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.

Based on the company's disclosures, K Bro Linen has a Z Score of 0.0. This is 100.0% lower than that of the Commercial Services & Supplies sector and about the same as Industrials (which currently averages 0.0) industry. The z score for all Canada stocks is 100.0% higher than that of the company.

We derive many important indicators used in calculating different scores of K Bro from analyzing K Bro's financial statements. These drivers represent accounts that assess K Bro's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of K Bro's important valuation drivers and their relationship over time.

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

K Bro financial ratios help investors to determine whether KBL 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 KBL with respect to the benefits of owning K Bro security.