Nippon Sheet Glass Stock Probability Of Bankruptcy

NPSGY Stock  USD 2.50  0.00  0.00%   
Nippon Sheet's odds of distress is below 50% at this time. It has small probability of experiencing financial hardship in the next few years. Probability of bankruptcy shows the probability of financial torment over the next two years of operations under current economic and market conditions. All items used in analyzing the odds of distress are taken from the Nippon 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, which includes a position in Nippon Sheet 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 price.
  

Nippon Sheet Glass Company probability of bankruptcy Analysis

Nippon Sheet'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 Nippon Sheet Probability Of Bankruptcy

    
  Less than 44%  
Most of Nippon Sheet'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, Nippon Sheet Glass is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Nippon Sheet 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 Nippon Sheet 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 Nippon Sheet Glass financial health.
Please note, there is a significant difference between Nippon Sheet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nippon Sheet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nippon Sheet'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, Nippon Sheet Glass has a Probability Of Bankruptcy of 44.0%. This is 6.31% higher than that of the Consumer Cyclical sector and 30.02% higher than that of the Auto Parts industry. The probability of bankruptcy for all United States stocks is 10.47% lower than that of the firm.

Nippon Probability Of Bankruptcy Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nippon Sheet's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Nippon Sheet could also be used in its relative valuation, which is a method of valuing Nippon Sheet by comparing valuation metrics of similar companies.
Nippon Sheet is currently under evaluation in probability of bankruptcy category among its peers.

Nippon Fundamentals

About Nippon Sheet Fundamental Analysis

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

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