Playfair Mining Stock Probability Of Bankruptcy

PLYFF Stock  USD 0.01  0.01  115.69%   
Playfair Mining's odds of distress is over 60% at the present time. It has an above-average probability of going through some form of financial trouble in the next 2 years. Playfair Mining's Chance of financial distress is determined by interpolating and adjusting Playfair 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 Playfair 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 Playfair Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
  

Playfair Mining Company chance of financial distress Analysis

Playfair Mining'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

 = 

Normalized

Z-Score

More About Probability Of Bankruptcy | All Equity Analysis

Current Playfair Mining Probability Of Bankruptcy

    
  Over 67%  
Most of Playfair Mining'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, Playfair Mining is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Playfair Mining 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 Playfair Mining 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 Playfair Mining financial health.
Please note, there is a significant difference between Playfair Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Playfair Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Playfair Mining'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, Playfair Mining has a Probability Of Bankruptcy of 67%. This is 51.11% higher than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The probability of bankruptcy for all United States stocks is 68.21% lower than that of the firm.

Playfair Probability Of Bankruptcy Peer Comparison

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

Playfair Fundamentals

About Playfair Mining Fundamental Analysis

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

Currently Active Assets on Macroaxis

Other Information on Investing in Playfair Pink Sheet

Playfair Mining financial ratios help investors to determine whether Playfair Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Playfair with respect to the benefits of owning Playfair Mining security.