Tlgy Acquisition P Stock Probability Of Bankruptcy
TLGY ACQUISITION's risk of distress is over 65% at this time. It has high likelihood to experience some financial distress in the next few years. TLGY ACQUISITION's Odds of financial turmoil is determined by interpolating and adjusting TLGY 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 TLGY balance sheet, as well as cash flow and income statements available from the company's most recent filings. Check out World Market Map 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 manufacturing.
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TLGY ACQUISITION P Company odds of financial turmoil Analysis
TLGY ACQUISITION'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.
More About Probability Of Bankruptcy | All Equity Analysis
Probability Of Bankruptcy | = | Normalized | | Z-Score |
Current TLGY ACQUISITION Probability Of Bankruptcy | Over 70% |
Most of TLGY ACQUISITION'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, TLGY ACQUISITION P is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of TLGY ACQUISITION 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 TLGY ACQUISITION 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 TLGY ACQUISITION P financial health.
Is Trading 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 TLGY ACQUISITION. If investors know TLGY 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 TLGY ACQUISITION listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of TLGY ACQUISITION P is measured differently than its book value, which is the value of TLGY that is recorded on the company's balance sheet. Investors also form their own opinion of TLGY ACQUISITION's value that differs from its market value or its book value, called intrinsic value, which is TLGY ACQUISITION's 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 TLGY ACQUISITION's market value can be influenced by many factors that don't directly affect TLGY ACQUISITION's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between TLGY ACQUISITION's value and its price as these two are different measures arrived at by different means. Investors typically determine if TLGY ACQUISITION is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TLGY ACQUISITION'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.
CompetitionBased on the latest financial disclosure, TLGY ACQUISITION P has a Probability Of Bankruptcy of 70%. This is 40.2% higher than that of the Capital Markets sector and significantly higher than that of the Financials industry. The probability of bankruptcy for all United States stocks is 75.75% lower than that of the firm.
TLGY Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses TLGY ACQUISITION's 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 TLGY ACQUISITION could also be used in its relative valuation, which is a method of valuing TLGY ACQUISITION by comparing valuation metrics of similar companies.TLGY ACQUISITION is currently under evaluation in probability of bankruptcy category among its peers.
TLGY Fundamentals
| Return On Asset | -0.0125 | ||||
| Number Of Shares Shorted | 15.63 K | ||||
| EBITDA | (1.73 M) | ||||
| Net Income | 4.7 M | ||||
| Total Debt | 1.29 M | ||||
| Book Value Per Share | (0.92) X | ||||
| Cash Flow From Operations | (1.27 M) | ||||
| Beta | 0.011 | ||||
| Total Asset | 66 M | ||||
| Retained Earnings | (10.79 M) | ||||
| Working Capital | (1.79 M) | ||||
| Net Asset | 66 M |
About TLGY ACQUISITION Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze TLGY ACQUISITION P's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of TLGY ACQUISITION using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of TLGY ACQUISITION P 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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When running TLGY ACQUISITION's price analysis, check to measure TLGY ACQUISITION'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 TLGY ACQUISITION is operating at the current time. Most of TLGY ACQUISITION's value examination focuses on studying past and present price action to predict the probability of TLGY ACQUISITION's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TLGY ACQUISITION's price. Additionally, you may evaluate how the addition of TLGY ACQUISITION to your portfolios can decrease your overall portfolio volatility.