Onelife Technologies Corp 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 OneLife Technologies Piotroski F Score and OneLife Technologies Valuation analysis.
  
At this time, OneLife Technologies' Net Invested Capital is very stable compared to the past year. As of the 25th of November 2024, Change In Working Capital is likely to grow to about 158.9 K, while Capital Stock is likely to drop 761.60. At this time, OneLife Technologies' Selling General Administrative is very stable compared to the past year. As of the 25th of November 2024, Total Operating Expenses is likely to grow to about 2.5 M, though Operating Income is likely to grow to (1.7 M).

OneLife Technologies Corp Company Z Score Analysis

OneLife Technologies' 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..

Z Score

 = 

Sum Of

5 Factors

More About Z Score | All Equity Analysis

First Factor

 = 

1.2 * (

Working Capital

/

Total Assets )

Second Factor

 = 

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

 = 

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

 = 

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

 = 

0.99 * (

Revenue

/

Total Assets )

OneLife Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for OneLife Technologies is extremely important. It helps to project a fair market value of OneLife Stock properly, considering its historical fundamentals such as Z Score. Since OneLife Technologies' 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 OneLife Technologies' 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 OneLife Technologies' 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.
Competition

Based on the company's disclosures, OneLife Technologies Corp has a Z Score of 0.0. This is 100.0% lower than that of the Health Care Technology sector and about the same as Health Care (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.

OneLife Z Score Peer Comparison

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

OneLife Fundamentals

About OneLife Technologies Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze OneLife Technologies Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of OneLife Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of OneLife Technologies Corp 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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When determining whether OneLife Technologies Corp is a strong investment it is important to analyze OneLife Technologies' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact OneLife Technologies' future performance. For an informed investment choice regarding OneLife Stock, refer to the following important reports:
Check out OneLife Technologies Piotroski F Score and OneLife Technologies Valuation analysis.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Health Care Technology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of OneLife Technologies. If investors know OneLife will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about OneLife Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Assets
(1.25)
The market value of OneLife Technologies Corp is measured differently than its book value, which is the value of OneLife that is recorded on the company's balance sheet. Investors also form their own opinion of OneLife Technologies' value that differs from its market value or its book value, called intrinsic value, which is OneLife Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because OneLife Technologies' market value can be influenced by many factors that don't directly affect OneLife Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between OneLife Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if OneLife Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OneLife Technologies' 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.