Logistics Innovation Technologies Stock Z Score
Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Logistics |
Logistics Innovation Technologies Company Z Score Analysis
Logistics Innovation's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
Current Logistics Innovation Z Score | -0.25 |
Most of Logistics Innovation's fundamental indicators, such as Z Score, 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, Logistics Innovation Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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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.
CompetitionBased on the company's disclosures, Logistics Innovation Technologies has a Z Score of -0.25. This is 110.37% lower than that of the Capital Markets sector and significantly lower than that of the Financials industry. The z score for all United States stocks is 102.87% higher than that of the company.
Logistics Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Logistics Innovation's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Logistics Innovation could also be used in its relative valuation, which is a method of valuing Logistics Innovation by comparing valuation metrics of similar companies.Logistics Innovation is currently under evaluation in z score category among its peers.
Logistics Fundamentals
Return On Asset | -0.0029 | |||
Current Valuation | 436.6 M | |||
Shares Owned By Institutions | 4.30 % | |||
Number Of Shares Shorted | 157 | |||
Revenue | 751.75 K | |||
EBITDA | (20.65 M) | |||
Net Income | 16.59 M | |||
Cash And Equivalents | 549.94 K | |||
Cash Per Share | 0.01 X | |||
Total Debt | 205 K | |||
Current Ratio | 6.34 X | |||
Book Value Per Share | (0.33) X | |||
Cash Flow From Operations | 3.43 M | |||
Short Ratio | 0.06 X | |||
Total Asset | 345.5 M | |||
Retained Earnings | (12.4 M) | |||
Working Capital | (134.56 K) | |||
Z Score | -0.25 | |||
Net Asset | 345.5 M |
Thematic Opportunities
Explore Investment Opportunities
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Other Consideration for investing in Logistics Stock
If you are still planning to invest in Logistics Innovation check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Logistics Innovation's history and understand the potential risks before investing.
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