Tactile Systems Technology Stock Probability Of Bankruptcy

TCMD Stock

USD 18.33 0.59 3.12%

Tactile Systems' odds of distress is below 2% at the present time. The company is very unlikely to encounter any financial hardship in the next two years. Tactile Systems' Probability of distress is determined by interpolating and adjusting Tactile 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 Tactile balance sheet, as well as cash flow and income statements available from the company's most recent filings. Check out Tactile Systems Piotroski F Score and Tactile Systems Altman Z Score analysis.

The current year's Market Cap is expected to grow to about 367.6 M. The current year's Enterprise Value is expected to grow to about 365.4 M

Tactile Systems Technology Company probability of distress Analysis

Tactile Systems' 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 Tactile Systems Probability Of Bankruptcy

Less than 2%

Most of Tactile Systems' 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, Tactile Systems Technology is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Our calculation of Tactile Systems 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 Tactile Systems 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 Tactile Systems Technology financial health.

Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tactile Systems. If investors know Tactile will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tactile Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.78)

Earnings Share

0.65

Revenue Per Share

11.991

Quarterly Revenue Growth

0.05

Return On Assets

0.0462

The market value of Tactile Systems Tech is measured differently than its book value, which is the value of Tactile that is recorded on the company's balance sheet. Investors also form their own opinion of Tactile Systems' value that differs from its market value or its book value, called intrinsic value, which is Tactile Systems' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tactile Systems' market value can be influenced by many factors that don't directly affect Tactile Systems' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

	Total Assets	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Net Tangible Assets	Long Term Debt	Short Term Investments	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Property Plant Equipment	Capital Surpluse	Net Invested Capital	Net Working Capital	Capital Stock	Long Term Debt Total
Total Assets		0.96	0.84	0.5	0.61	0.82	0.97	0.93	0.95	0.87	0.82	0.86	0.56	0.76	0.26	-0.4	-0.55	0.42	0.5	0.98	0.95	0.63	0.65	-0.56
Total Stockholder Equity	0.96		0.8	0.24	0.77	0.75	0.89	0.79	0.98	0.77	0.69	0.92	0.69	0.76	0.36	-0.44	-0.62	0.5	0.57	0.94	0.9	0.77	0.69	-0.56
Current Deferred Revenue	0.84	0.8		0.39	0.62	0.63	0.84	0.79	0.78	0.92	0.83	0.64	0.41	0.6	0.15	-0.38	-0.33	0.1	0.49	0.9	0.9	0.7	0.77	-0.8
Net Debt	0.5	0.24	0.39		-0.19	0.44	0.57	0.75	0.25	0.58	0.68	0.14	-0.2	0.38	-0.07	-0.03	0.07	-0.07	0.11	0.48	0.52	-0.14	0.12	-0.12
Retained Earnings	0.61	0.77	0.62	-0.19		0.3	0.53	0.33	0.77	0.49	0.33	0.73	0.82	0.66	0.53	-0.35	-0.5	0.58	0.69	0.59	0.57	0.91	0.51	-0.43
Accounts Payable	0.82	0.75	0.63	0.44	0.3		0.82	0.83	0.78	0.72	0.72	0.76	0.45	0.58	0.28	-0.29	-0.55	0.42	0.28	0.79	0.72	0.21	0.49	-0.56
Net Receivables	0.97	0.89	0.84	0.57	0.53	0.82		0.96	0.91	0.86	0.8	0.79	0.53	0.8	0.18	-0.35	-0.46	0.4	0.44	0.95	0.91	0.55	0.54	-0.5
Total Liab	0.93	0.79	0.79	0.75	0.33	0.83	0.96		0.79	0.88	0.88	0.69	0.32	0.68	0.1	-0.31	-0.39	0.27	0.36	0.91	0.9	0.37	0.53	-0.49
Total Current Assets	0.95	0.98	0.78	0.25	0.77	0.78	0.91	0.79		0.74	0.64	0.95	0.78	0.81	0.42	-0.47	-0.68	0.59	0.61	0.9	0.84	0.72	0.57	-0.5
Short Term Debt	0.87	0.77	0.92	0.58	0.49	0.72	0.86	0.88	0.74		0.96	0.62	0.27	0.54	0.07	-0.22	-0.28	0.2	0.33	0.91	0.95	0.55	0.79	-0.79
Intangible Assets	0.82	0.69	0.83	0.68	0.33	0.72	0.8	0.88	0.64	0.96		0.57	0.13	0.47	0.05	-0.27	-0.29	0.1	0.21	0.85	0.91	0.38	0.76	-0.75
Common Stock	0.86	0.92	0.64	0.14	0.73	0.76	0.79	0.69	0.95	0.62	0.57		0.82	0.74	0.5	-0.63	-0.86	0.61	0.56	0.79	0.73	0.61	0.51	-0.44
Net Tangible Assets	0.56	0.69	0.41	-0.2	0.82	0.45	0.53	0.32	0.78	0.27	0.13	0.82		0.74	0.62	-0.48	-0.74	0.76	0.67	0.45	0.35	0.6	0.12	-0.14
Long Term Debt	0.76	0.76	0.6	0.38	0.66	0.58	0.8	0.68	0.81	0.54	0.47	0.74	0.74		0.54	-0.38	-0.43	0.54	0.68	0.7	0.63	0.55	0.2	-0.18
Short Term Investments	0.26	0.36	0.15	-0.07	0.53	0.28	0.18	0.1	0.42	0.07	0.05	0.5	0.62	0.54		-0.3	-0.42	0.47	0.76	0.18	0.11	0.22	0.02	-0.09
Deferred Long Term Liab	-0.4	-0.44	-0.38	-0.03	-0.35	-0.29	-0.35	-0.31	-0.47	-0.22	-0.27	-0.63	-0.48	-0.38	-0.3		0.79	0.02	-0.3	-0.36	-0.33	-0.28	-0.21	0.21
Long Term Investments	-0.55	-0.62	-0.33	0.07	-0.5	-0.55	-0.46	-0.39	-0.68	-0.28	-0.29	-0.86	-0.74	-0.43	-0.42	0.79		-0.51	-0.36	-0.43	-0.38	-0.32	-0.23	0.21
Short Long Term Debt	0.42	0.5	0.1	-0.07	0.58	0.42	0.4	0.27	0.59	0.2	0.1	0.61	0.76	0.54	0.47	0.02	-0.51		0.44	0.27	0.22	0.33	-0.02	0.07
Property Plant Equipment	0.5	0.57	0.49	0.11	0.69	0.28	0.44	0.36	0.61	0.33	0.21	0.56	0.67	0.68	0.76	-0.3	-0.36	0.44		0.44	0.4	0.56	0.16	-0.15
Capital Surpluse	0.98	0.94	0.9	0.48	0.59	0.79	0.95	0.91	0.9	0.91	0.85	0.79	0.45	0.7	0.18	-0.36	-0.43	0.27	0.44		0.98	0.67	0.76	-0.67
Net Invested Capital	0.95	0.9	0.9	0.52	0.57	0.72	0.91	0.9	0.84	0.95	0.91	0.73	0.35	0.63	0.11	-0.33	-0.38	0.22	0.4	0.98		0.67	0.81	-0.71
Net Working Capital	0.63	0.77	0.7	-0.14	0.91	0.21	0.55	0.37	0.72	0.55	0.38	0.61	0.6	0.55	0.22	-0.28	-0.32	0.33	0.56	0.67	0.67		0.65	-0.49
Capital Stock	0.65	0.69	0.77	0.12	0.51	0.49	0.54	0.53	0.57	0.79	0.76	0.51	0.12	0.2	0.02	-0.21	-0.23	-0.02	0.16	0.76	0.81	0.65		-0.91
Long Term Debt Total	-0.56	-0.56	-0.8	-0.12	-0.43	-0.56	-0.5	-0.49	-0.5	-0.79	-0.75	-0.44	-0.14	-0.18	-0.09	0.21	0.21	0.07	-0.15	-0.67	-0.71	-0.49	-0.91

	2019	2020	2021	2022	2023	2024 (projected)
Return On Assets	0.0619	0.0723	(0.003561)	(0.0484)	(0.0701)	0.1
Asset Turnover	1.25	1.07	0.85	0.97	0.98	1.33
Net Debt	(6.2M)	(26.5M)	55.6M	50.3M	(10.7M)	(10.1M)
Total Current Liabilities	21.4M	26.7M	34.5M	64.3M	41.1M	25.4M
Non Current Liabilities Total	17.7M	22.6M	81.6M	69.3M	46.7M	24.4M
Total Assets	151.8M	174.1M	244.3M	255.0M	281.4M	147.4M
Total Current Assets	108.3M	123.6M	113.5M	119.8M	145.3M	91.4M
Total Cash From Operating Activities	2.5M	2.8M	2.6M	5.2M	35.9M	37.6M

	Return On Equity	0.0791
	Return On Asset	0.0462
	Profit Margin	0.05 %
	Operating Margin	0.09 %
	Current Valuation	404.49 M
	Shares Outstanding	24 M
	Shares Owned By Insiders	1.95 %
	Shares Owned By Institutions	98.05 %
	Number Of Shares Shorted	1.26 M
	Price To Earning	23.07 X
	Price To Book	2.18 X
	Price To Sales	1.59 X
	Revenue	274.42 M
	Gross Profit	175.98 M
	EBITDA	24.54 M
	Net Income	28.52 M
	Cash And Equivalents	23.35 M
	Cash Per Share	1.16 X
	Total Debt	50.38 M
	Debt To Equity	0.66 %
	Current Ratio	2.31 X
	Book Value Per Share	8.66 X
	Cash Flow From Operations	35.85 M
	Short Ratio	9.67 X
	Earnings Per Share	0.65 X
	Price To Earnings To Growth	17.24 X
	Target Price	24.0
	Number Of Employees	992
	Beta	1.17
	Market Capitalization	454.03 M
	Total Asset	281.44 M
	Retained Earnings	18.89 M
	Working Capital	104.24 M
	Current Asset	64.23 M
	Current Liabilities	13.79 M
	Net Asset	281.44 M

Tactile Systems Technology Stock Probability Of Bankruptcy

Tactile Systems Technology Company probability of distress Analysis

Probability Of Bankruptcy

Normalized

Z-Score

Current Tactile Systems Probability Of Bankruptcy

Tactile Probability Of Bankruptcy Driver Correlations

Tactile Probability Of Bankruptcy Peer Comparison

Tactile Systems Main Bankruptcy Drivers

Tactile Systems ESG Sustainability

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About Tactile Systems Fundamental Analysis

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