Solanbridge Group 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 Solanbridge Piotroski F Score and Solanbridge Valuation analysis.
  
Invested Capital is likely to drop to -110.09 in 2024. Total Debt To Capitalization is likely to rise to -0.17 in 2024. Operating Income is likely to rise to about 12.5 K in 2024, whereas Selling General Administrative is likely to drop slightly above 139.1 K in 2024.

Solanbridge Group Company Z Score Analysis

Solanbridge'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..

Z Score

 = 

Sum Of

5 Factors

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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 )

Solanbridge Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Solanbridge is extremely important. It helps to project a fair market value of Solanbridge Stock properly, considering its historical fundamentals such as Z Score. Since Solanbridge's 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 Solanbridge's 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 Solanbridge's 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, Solanbridge Group has a Z Score of 0.0. This is 100.0% lower than that of the Pharmaceuticals 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.

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Solanbridge Fundamentals

About Solanbridge Fundamental Analysis

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

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