Terrascend Corp Stock Probability Of Bankruptcy
TRSSFDelisted Stock | USD 1.55 0.03 1.90% |
Terrascend |
Terrascend Corp OTC Stock chance of financial distress Analysis
Terrascend Corp'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 Terrascend Corp Probability Of Bankruptcy | Over 100% |
Most of Terrascend Corp'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, Terrascend Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Terrascend Corp 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 Terrascend Corp 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 Terrascend Corp financial health.
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, Terrascend Corp has a Probability Of Bankruptcy of 100%. This is 131.0% higher than that of the Healthcare sector and significantly higher than that of the Drug Manufacturers—Specialty & Generic industry. The probability of bankruptcy for all United States stocks is 151.07% lower than that of the firm.
Terrascend Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Terrascend Corp's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Terrascend Corp could also be used in its relative valuation, which is a method of valuing Terrascend Corp by comparing valuation metrics of similar companies.Terrascend Corp is currently under evaluation in probability of bankruptcy category among its peers.
Terrascend Fundamentals
Return On Equity | -1.07 | |||
Return On Asset | -0.0244 | |||
Profit Margin | (1.40) % | |||
Operating Margin | (0.12) % | |||
Current Valuation | 699.2 M | |||
Shares Outstanding | 282.46 M | |||
Shares Owned By Insiders | 4.31 % | |||
Shares Owned By Institutions | 5.70 % | |||
Price To Earning | 5.81 X | |||
Price To Book | 1.65 X | |||
Price To Sales | 2.29 X | |||
Revenue | 210.42 M | |||
Gross Profit | 115.57 M | |||
EBITDA | 77.14 M | |||
Net Income | 3.11 M | |||
Cash And Equivalents | 52.5 M | |||
Cash Per Share | 0.21 X | |||
Total Debt | 176.31 M | |||
Debt To Equity | 0.53 % | |||
Current Ratio | 0.98 X | |||
Book Value Per Share | 1.06 X | |||
Cash Flow From Operations | (31.82 M) | |||
Earnings Per Share | 0.30 X | |||
Price To Earnings To Growth | (0.86) X | |||
Target Price | 2.75 | |||
Number Of Employees | 742 | |||
Beta | 1.97 | |||
Market Capitalization | 531.41 M | |||
Total Asset | 581.93 M | |||
Z Score | 1.8 | |||
Net Asset | 581.93 M |
About Terrascend Corp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Terrascend Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Terrascend Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Terrascend Corp based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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.
Currently Active Assets on Macroaxis
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Other Consideration for investing in Terrascend OTC Stock
If you are still planning to invest in Terrascend Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Terrascend Corp's history and understand the potential risks before investing.
Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
Content Syndication Quickly integrate customizable finance content to your own investment portal |