Prosper Gold Corp Stock Probability Of Bankruptcy

PGX Stock  CAD 0.1  0.01  5.00%   
Prosper Gold's risk of distress is under 24% at this time. It has slight likelihood of undergoing some form of financial crunch in the near future. Prosper Gold's Odds of financial turmoil is determined by interpolating and adjusting Prosper 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 Prosper balance sheet, as well as cash flow and income statements available from the company's most recent filings. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prosper Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
  

Prosper Gold Corp Company odds of financial turmoil Analysis

Prosper Gold'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 Prosper Gold Probability Of Bankruptcy

    
  Less than 24%  
Most of Prosper Gold'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, Prosper Gold Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Prosper Gold 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 Prosper Gold 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 Prosper Gold Corp financial health.
Please note, there is a significant difference between Prosper Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Prosper Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Prosper Gold'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, Prosper Gold Corp has a Probability Of Bankruptcy of 24.0%. This is 45.87% lower than that of the Metals & Mining sector and 45.59% lower than that of the Materials industry. The probability of bankruptcy for all Canada stocks is 39.74% higher than that of the company.

Prosper Probability Of Bankruptcy Peer Comparison

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

Prosper Gold Main Bankruptcy Drivers

201920202021202220232024 (projected)
Total Current Liabilities290.2K718.6K255.6K133.5K153.6K145.9K
Total Assets3.6M5.9M2.1M1.8M2.1M2.4M
Total Current Assets2.5M4.4M622.4K297.3K341.9K324.8K
Total Cash From Operating Activities(894.7K)(6.3M)(3.8M)(1.5M)(1.4M)(1.5M)

Prosper Fundamentals

About Prosper Gold Fundamental Analysis

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

Thematic Opportunities

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Additional Tools for Prosper Stock Analysis

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