Real Luck Group Stock Probability Of Bankruptcy
Real Luck's likelihood of distress is above 80% at this time. It has very high risk of going through financial straits in the upcoming years. Real Luck's Odds of financial turmoil is determined by interpolating and adjusting Real 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 Real balance sheet, as well as cash flow and income statements available from the company's most recent filings. 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 various price indices.
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Real Luck Group Company odds of financial turmoil Analysis
Real Luck'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 Real Luck Probability Of Bankruptcy | Less than 48% |
Most of Real Luck'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, Real Luck Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Real Luck 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 Real Luck 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 Real Luck Group financial health.
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.
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Based on the latest financial disclosure, Real Luck Group has a Probability Of Bankruptcy of 48.0%. This is 15.97% higher than that of the Hotels, Restaurants & Leisure sector and 11.86% higher than that of the Consumer Discretionary industry. The probability of bankruptcy for all Canada stocks is 20.51% lower than that of the firm.
Real Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Real Luck'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 Real Luck could also be used in its relative valuation, which is a method of valuing Real Luck by comparing valuation metrics of similar companies.Real Luck is currently under evaluation in probability of bankruptcy category among its peers.
Real Fundamentals
| Return On Equity | -3.65 | |||
| Return On Asset | -1.44 | |||
| Operating Margin | (5.48) % | |||
| Current Valuation | 156.98 K | |||
| Shares Outstanding | 68.9 M | |||
| Shares Owned By Insiders | 1.04 % | |||
| Number Of Shares Shorted | 36.33 K | |||
| Price To Book | 0.96 X | |||
| Price To Sales | 0.23 X | |||
| Revenue | 1.53 M | |||
| Gross Profit | (265.11 K) | |||
| EBITDA | (11.79 M) | |||
| Net Income | (11.71 M) | |||
| Cash And Equivalents | 10.55 M | |||
| Cash Per Share | 0.15 X | |||
| Total Debt | 1.1 M | |||
| Debt To Equity | 0 % | |||
| Current Ratio | 18.58 X | |||
| Book Value Per Share | (0.04) X | |||
| Cash Flow From Operations | (8.38 M) | |||
| Short Ratio | 1.49 X | |||
| Earnings Per Share | (0.17) X | |||
| Number Of Employees | 11 | |||
| Beta | 3.29 | |||
| Market Capitalization | 344.5 K | |||
| Total Asset | 6.91 M | |||
| Retained Earnings | (51.5 M) | |||
| Working Capital | 5.72 M | |||
| Net Asset | 6.91 M |
About Real Luck Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Real Luck Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Real Luck using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Real Luck Group 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 Real Stock Analysis
When running Real Luck's price analysis, check to measure Real Luck'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 Real Luck is operating at the current time. Most of Real Luck's value examination focuses on studying past and present price action to predict the probability of Real Luck's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Real Luck's price. Additionally, you may evaluate how the addition of Real Luck to your portfolios can decrease your overall portfolio volatility.