Roth Ch Acquisition Stock Z Score
ROCGWDelisted Stock | 0.47 0.01 2.17% |
Roth |
Roth CH Acquisition Company Z Score Analysis
Roth CH's 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..
Current Roth CH Z Score | -0.25 |
Most of Roth CH's fundamental indicators, such as Z Score, 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, Roth CH Acquisition is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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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.
CompetitionBased on the company's disclosures, Roth CH Acquisition has a Z Score of -0.25. This is 110.37% lower than that of the Financial Services sector and significantly lower than that of the Shell Companies industry. The z score for all United States stocks is 102.87% higher than that of the company.
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Roth Fundamentals
Number Of Shares Shorted | 46.67 K | |||
EBITDA | (1.43 M) | |||
Net Income | (178.22 K) | |||
Cash And Equivalents | 222.24 K | |||
Cash Per Share | 0.09 X | |||
Total Debt | 200 K | |||
Debt To Equity | 9.21 % | |||
Current Ratio | 0.82 X | |||
Book Value Per Share | 0.01 X | |||
Cash Flow From Operations | (865.67 K) | |||
Earnings Per Share | (0) X | |||
Total Asset | 25.05 M | |||
Retained Earnings | (583.95 K) | |||
Working Capital | (688.24 K) | |||
Z Score | -0.25 | |||
Net Asset | 25.05 M |
About Roth CH Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Roth CH Acquisition's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Roth CH using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Roth CH Acquisition 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Your Equity Center 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 signals in price. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Other Consideration for investing in Roth Stock
If you are still planning to invest in Roth CH Acquisition check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Roth CH's history and understand the potential risks before investing.
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