Tronox Holdings Plc Stock Probability Of Bankruptcy

TROX Stock

USD 10.21 0.08 0.78%

Tronox Holdings' odds of distress is under 36% at this time. It has slight probability of undergoing some form of financial hardship in the near future. Probability of bankruptcy shows the probability of financial torment over the next two years of operations under current economic and market conditions. All items used in analyzing the odds of distress are taken from the Tronox balance sheet, as well as cash flow and income statements available from the company's most recent filings. Check out Tronox Holdings Piotroski F Score and Tronox Holdings Altman Z Score analysis.

Market Cap is likely to rise to about 3.9 B in 2025, whereas Enterprise Value is likely to drop slightly above 4.8 B in 2025.

Tronox Holdings PLC Company probability of bankruptcy Analysis

Tronox Holdings' 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 Tronox Holdings Probability Of Bankruptcy

Less than 36%

Most of Tronox Holdings' 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, Tronox Holdings PLC is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Our calculation of Tronox Holdings 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 Tronox Holdings 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 Tronox Holdings PLC financial health.

Is Commodity Chemicals 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 Tronox Holdings. If investors know Tronox 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 Tronox Holdings 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

0.482

Dividend Share

0.5

Earnings Share

(0.47)

Revenue Per Share

19.573

Quarterly Revenue Growth

0.215

The market value of Tronox Holdings PLC is measured differently than its book value, which is the value of Tronox that is recorded on the company's balance sheet. Investors also form their own opinion of Tronox Holdings' value that differs from its market value or its book value, called intrinsic value, which is Tronox Holdings' 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 Tronox Holdings' market value can be influenced by many factors that don't directly affect Tronox Holdings' 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 Tronox Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tronox Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tronox Holdings' 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.

Tronox Probability Of Bankruptcy Driver Correlations

Understanding the fundamental principles of building solid financial models for Tronox Holdings is extremely important. It helps to project a fair market value of Tronox Stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since Tronox Holdings' 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 Tronox Holdings' 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 Tronox Holdings' interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Total Liab	Net Debt	Accounts Payable	Net Receivables	Good Will	Total Current Assets	Intangible Assets	Property Plant Equipment	Current Deferred Revenue	Retained Earnings	Long Term Debt	Short Term Debt	Common Stock	Net Tangible Assets	Total Permanent Equity	Short Term Investments	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.62	0.9	0.75	0.47	0.49	0.26	0.75	0.34	0.85	0.09	0.38	0.8	0.47	0.62	-0.1	0.5	0.01	0.52	0.63	-0.15	0.18	0.53	-0.5	0.47
Total Stockholder Equity	0.62		0.23	0.05	0.38	0.15	0.3	0.39	0.49	0.49	0.02	0.9	0.05	0.05	0.48	0.65	0.18	-0.27	-0.28	0.39	0.55	-0.05	0.52	-0.35	0.52
Total Liab	0.9	0.23		0.92	0.42	0.53	0.13	0.7	0.15	0.78	0.09	-0.01	0.96	0.57	0.55	-0.46	0.52	0.15	0.8	0.61	-0.49	0.26	0.42	-0.47	0.36
Net Debt	0.75	0.05	0.92		0.48	0.56	-0.02	0.38	0.01	0.67	0.06	-0.15	0.87	0.75	0.55	-0.49	0.42	0.08	0.79	0.66	-0.56	0.42	0.44	-0.54	0.42
Accounts Payable	0.47	0.38	0.42	0.48		0.41	-0.21	0.21	-0.01	0.34	0.11	0.38	0.3	0.24	0.88	0.15	0.27	-0.16	0.29	0.9	-0.03	0.09	0.85	-0.95	0.84
Net Receivables	0.49	0.15	0.53	0.56	0.41		0.04	0.22	-0.02	0.45	0.69	0.03	0.44	0.54	0.32	-0.23	0.25	-0.04	0.44	0.43	-0.19	0.22	0.26	-0.48	0.19
Good Will	0.26	0.3	0.13	-0.02	-0.21	0.04		0.27	0.96	0.29	-0.22	0.4	0.03	0.03	-0.07	0.1	0.03	-0.1	-0.13	-0.16	0.17	-0.06	-0.11	0.18	-0.11
Total Current Assets	0.75	0.39	0.7	0.38	0.21	0.22	0.27		0.27	0.54	0.03	0.2	0.7	-0.1	0.39	-0.23	0.48	0.31	0.52	0.34	-0.24	-0.18	0.25	-0.22	0.17
Intangible Assets	0.34	0.49	0.15	0.01	-0.01	-0.02	0.96	0.27		0.34	-0.32	0.59	0.01	0.03	0.13	0.27	0.05	-0.17	-0.2	0.03	0.27	-0.06	0.1	0.0	0.13
Property Plant Equipment	0.85	0.49	0.78	0.67	0.34	0.45	0.29	0.54	0.34		0.11	0.32	0.69	0.55	0.51	-0.21	0.2	-0.07	0.44	0.41	-0.31	0.0	0.29	-0.35	0.29
Current Deferred Revenue	0.09	0.02	0.09	0.06	0.11	0.69	-0.22	0.03	-0.32	0.11		-0.15	0.01	0.1	-0.17	0.02	-0.04	-0.15	0.04	0.12	0.09	-0.14	-0.04	-0.19	-0.15
Retained Earnings	0.38	0.9	-0.01	-0.15	0.38	0.03	0.4	0.2	0.59	0.32	-0.15		-0.16	-0.01	0.48	0.69	0.08	-0.36	-0.38	0.26	0.63	-0.08	0.51	-0.31	0.48
Long Term Debt	0.8	0.05	0.96	0.87	0.3	0.44	0.03	0.7	0.01	0.69	0.01	-0.16		0.51	0.48	-0.64	0.55	0.26	0.9	0.47	-0.61	0.26	0.3	-0.32	0.22
Short Term Debt	0.47	0.05	0.57	0.75	0.24	0.54	0.03	-0.1	0.03	0.55	0.1	-0.01	0.51		0.25	-0.3	0.19	-0.21	0.49	0.29	-0.24	0.65	0.29	-0.26	0.13
Common Stock	0.62	0.48	0.55	0.55	0.88	0.32	-0.07	0.39	0.13	0.51	-0.17	0.48	0.48	0.25		0.02	0.36	-0.06	0.38	0.82	-0.14	0.1	0.77	-0.82	0.88
Net Tangible Assets	-0.1	0.65	-0.46	-0.49	0.15	-0.23	0.1	-0.23	0.27	-0.21	0.02	0.69	-0.64	-0.3	0.02		-0.21	-0.35	-0.79	0.11	0.85	-0.2	0.32	-0.12	0.34
Total Permanent Equity	0.5	0.18	0.52	0.42	0.27	0.25	0.03	0.48	0.05	0.2	-0.04	0.08	0.55	0.19	0.36	-0.21		0.11	0.51	0.33	-0.13	0.43	0.23	-0.28	0.23
Short Term Investments	0.01	-0.27	0.15	0.08	-0.16	-0.04	-0.1	0.31	-0.17	-0.07	-0.15	-0.36	0.26	-0.21	-0.06	-0.35	0.11		0.31	-0.08	-0.44	-0.14	-0.13	0.16	-0.13
Long Term Debt Total	0.52	-0.28	0.8	0.79	0.29	0.44	-0.13	0.52	-0.2	0.44	0.04	-0.38	0.9	0.49	0.38	-0.79	0.51	0.31		0.38	-0.73	0.27	0.25	-0.29	0.09
Capital Surpluse	0.63	0.39	0.61	0.66	0.9	0.43	-0.16	0.34	0.03	0.41	0.12	0.26	0.47	0.29	0.82	0.11	0.33	-0.08	0.38		-0.11	0.11	0.85	-0.93	0.89
Deferred Long Term Liab	-0.15	0.55	-0.49	-0.56	-0.03	-0.19	0.17	-0.24	0.27	-0.31	0.09	0.63	-0.61	-0.24	-0.14	0.85	-0.13	-0.44	-0.73	-0.11		0.06	0.17	0.1	0.08
Short Long Term Debt	0.18	-0.05	0.26	0.42	0.09	0.22	-0.06	-0.18	-0.06	0.0	-0.14	-0.08	0.26	0.65	0.1	-0.2	0.43	-0.14	0.27	0.11	0.06		0.13	-0.09	0.04
Net Invested Capital	0.53	0.52	0.42	0.44	0.85	0.26	-0.11	0.25	0.1	0.29	-0.04	0.51	0.3	0.29	0.77	0.32	0.23	-0.13	0.25	0.85	0.17	0.13		-0.76	0.82
Net Working Capital	-0.5	-0.35	-0.47	-0.54	-0.95	-0.48	0.18	-0.22	0.0	-0.35	-0.19	-0.31	-0.32	-0.26	-0.82	-0.12	-0.28	0.16	-0.29	-0.93	0.1	-0.09	-0.76		-0.84
Capital Stock	0.47	0.52	0.36	0.42	0.84	0.19	-0.11	0.17	0.13	0.29	-0.15	0.48	0.22	0.13	0.88	0.34	0.23	-0.13	0.09	0.89	0.08	0.04	0.82	-0.84

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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

Predict Tronox Holdings

Based on the latest financial disclosure, Tronox Holdings PLC has a Probability Of Bankruptcy of 36.0%. This is 18.81% lower than that of the Chemicals sector and 16.03% lower than that of the Materials industry. The probability of bankruptcy for all United States stocks is 9.62% higher than that of the company.

Tronox Probability Of Bankruptcy Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tronox Holdings' 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 Tronox Holdings could also be used in its relative valuation, which is a method of valuing Tronox Holdings by comparing valuation metrics of similar companies.

Tronox Holdings is currently under evaluation in probability of bankruptcy category among its peers.

Tronox Holdings Main Bankruptcy Drivers

	2020	2021	2022	2023	2024	2025 (projected)
Return On Assets	0.15	0.0478	0.0788	(0.0515)	(0.0464)	(0.044)
Net Debt	2.8B	2.4B	2.5B	2.7B	3.1B	1.6B
Total Current Liabilities	805M	822M	850M	753M	866.0M	532.9M
Non Current Liabilities Total	3.9B	3.1B	3.1B	3.4B	3.9B	2.6B
Total Assets	6.6B	6.0B	6.3B	6.1B	7.1B	4.0B
Total Current Assets	2.5B	2.0B	2.0B	2.1B	2.5B	1.8B
Total Cash From Operating Activities	355M	740M	598M	184M	211.6M	245.1M

Tronox Holdings ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Tronox Holdings' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Tronox Holdings' managers, analysts, and investors.

Environmental

Governance

Social

Tronox Fundamentals

	Return On Equity	0.0186
	Return On Asset	0.0195
	Profit Margin	0.01 %
	Operating Margin	0.07 %
	Current Valuation	4.39 B
	Shares Outstanding	157.92 M
	Shares Owned By Insiders	25.66 %
	Shares Owned By Institutions	74.04 %
	Number Of Shares Shorted	6.66 M
	Price To Earning	2.19 X
	Price To Book	0.85 X
	Price To Sales	0.53 X
	Revenue	2.85 B
	Gross Profit	484 M
	EBITDA	458 M
	Net Income	(316 M)
	Cash And Equivalents	91 M
	Cash Per Share	0.59 X
	Total Debt	2.95 B
	Debt To Equity	1.14 %
	Current Ratio	2.35 X
	Book Value Per Share	12.11 X
	Cash Flow From Operations	184 M
	Short Ratio	5.81 X
	Earnings Per Share	(0.47) X
	Target Price	14.33
	Number Of Employees	6.5 K
	Beta	1.65
	Market Capitalization	1.63 B
	Total Asset	6.13 B
	Retained Earnings	684 M
	Working Capital	1.38 B
	Current Asset	1.3 B
	Current Liabilities	548 M
	Annual Yield	0.05 %
	Five Year Return	1.89 %
	Net Asset	6.13 B
	Last Dividend Paid	0.5

About Tronox Holdings Fundamental Analysis

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

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

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Tronox Holdings Plc Stock Probability Of Bankruptcy

Tronox Holdings PLC Company probability of bankruptcy Analysis

Probability Of Bankruptcy

Normalized

Z-Score

Current Tronox Holdings Probability Of Bankruptcy

Tronox Probability Of Bankruptcy Driver Correlations

Tronox Probability Of Bankruptcy Peer Comparison

Tronox Holdings Main Bankruptcy Drivers

Tronox Holdings ESG Sustainability

Tronox Fundamentals

About Tronox Holdings Fundamental Analysis

Also Currently Popular

Additional Tools for Tronox Stock Analysis

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