Rok Resources Stock Probability Of Bankruptcy

Stocks . Canada . 
Stock . ROK Resources
ROK Stock  CAD 0.16  0.01  5.88%   
ROK Resources' probability of distress is over 50% at this time. It has a moderate risk of going through some financial hardship in the next 2 years. ROK Resources' Odds of financial turmoil is determined by interpolating and adjusting ROK 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 ROK 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 ROK Resources. 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.
  
Market Cap is likely to climb to about 64.9 M in 2025. Enterprise Value is likely to climb to about 78.7 M in 2025

ROK Resources Company odds of financial turmoil Analysis

ROK Resources' 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 ROK Resources Probability Of Bankruptcy

    
  Over 57%  
Most of ROK Resources' 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, ROK Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of ROK Resources 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 ROK Resources 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 ROK Resources financial health.
Altman
Z Score
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Intrinsic
Valuation
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Financial
Analysis
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Buy or Sell
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Earnings
Projections
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Please note, there is a significant difference between ROK Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if ROK Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ROK Resources' 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.

ROK Probability Of Bankruptcy Driver Correlations

Understanding the fundamental principles of building solid financial models for ROK Resources is extremely important. It helps to project a fair market value of ROK Stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since ROK Resources' 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 ROK Resources' 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 ROK Resources' interrelated accounts and indicators.
Click cells to compare fundamentals
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, ROK Resources has a Probability Of Bankruptcy of 57%. This is 18.21% higher than that of the Oil, Gas & Consumable Fuels sector and 17.12% higher than that of the Energy industry. The probability of bankruptcy for all Canada stocks is 43.11% lower than that of the firm.

ROK Probability Of Bankruptcy Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ROK Resources' 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 ROK Resources could also be used in its relative valuation, which is a method of valuing ROK Resources by comparing valuation metrics of similar companies.
57.00100.0063.0052.00100%
ROK Resources is currently under evaluation in probability of bankruptcy category among its peers.

ROK Resources Main Bankruptcy Drivers

202020212022202320242025 (projected)
Return On Assets(0.19)(0.21)0.42(0.0666)(0.0599)(0.0629)
Total Current Liabilities355.6K2.8M36.4M17.7M20.3M21.3M
Non Current Liabilities Total3.3M6.4M46.2M46.0M52.9M55.5M
Total Assets6.6M13.1M192.1M165.1M189.8M199.3M
Total Current Assets2.0M1.9M21.7M17.9M20.6M21.6M
Total Cash From Operating Activities(949.6K)(1.5K)45.1M29.2M33.5M35.2M

ROK Fundamentals

Return On Equity0.0076
JavaScript chart by amCharts 3.21.152011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-31-5,000%0%5,000%10,000%15,000%
Return On Asset0.0312
Profit Margin0.01 %
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Operating Margin0.41 %
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Current Valuation49.7 M
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Shares Outstanding219.77 M
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Shares Owned By Insiders10.86 %
Shares Owned By Institutions3.25 %
Number Of Shares Shorted35.7 K
Price To Book0.33 X
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Price To Sales0.47 X
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Revenue87.23 M
JavaScript chart by amCharts 3.21.152011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-310%50,000%100,000%150,000%200,000%250,000%300,000%
Gross Profit30.02 M
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EBITDA33.47 M
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Net Income(10.99 M)
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Cash And Equivalents1.29 M
Cash Per Share0.02 X
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Total Debt63.64 M
Current Ratio4.54 X
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Book Value Per Share0.49 X
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Cash Flow From Operations29.16 M
JavaScript chart by amCharts 3.21.152011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-31-3,500%-3,000%-2,500%-2,000%-1,500%-1,000%-500%
Short Ratio0.24 X
Target Price0.4
Beta0.082
Market Capitalization35.16 M
JavaScript chart by amCharts 3.21.152011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-31-100%0%100%200%300%400%
Total Asset165.07 M
JavaScript chart by amCharts 3.21.152011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312,000%4,000%6,000%8,000%10,000%12,000%14,000%
Retained Earnings65.53 M
JavaScript chart by amCharts 3.21.152011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-31-150%-100%-50%0%
Working Capital246.34 K
JavaScript chart by amCharts 3.21.152011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-31
Net Asset165.07 M

About ROK Resources Fundamental Analysis

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

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


 
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