T2 Metals Corp Stock Probability Of Bankruptcy

TWO Stock   0.19  0.01  5.56%   
T2 Metals' risk of distress is above 80% at this time. It has very high likelihood of going through financial hardship in the upcoming years. T2 Metals' Odds of financial turmoil is determined by interpolating and adjusting TWO 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 TWO 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, which includes a position in T2 Metals Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
  

T2 Metals Corp Company odds of financial turmoil Analysis

T2 Metals' 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 T2 Metals Probability Of Bankruptcy

    
  Over 84%  
Most of T2 Metals' 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, T2 Metals Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of T2 Metals 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 T2 Metals 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 T2 Metals Corp financial health.
Please note, there is a significant difference between T2 Metals' value and its price as these two are different measures arrived at by different means. Investors typically determine if T2 Metals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, T2 Metals' 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.
Competition

Based on the latest financial disclosure, T2 Metals Corp has a Probability Of Bankruptcy of 84%. This is 89.45% higher than that of the Metals & Mining sector and 83.81% higher than that of the Materials industry. The probability of bankruptcy for all Canada stocks is 110.9% lower than that of the firm.

TWO Probability Of Bankruptcy Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses T2 Metals' 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 T2 Metals could also be used in its relative valuation, which is a method of valuing T2 Metals by comparing valuation metrics of similar companies.
84.0031.0017.002.00100%
T2 Metals is currently under evaluation in probability of bankruptcy category among its peers.

TWO Fundamentals

Return On Equity-0.32
Return On Asset-0.18
Current Valuation5.65 M
Shares Outstanding42.04 M
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Shares Owned By Insiders14.76 %
Shares Owned By Institutions10.13 %
Number Of Shares Shorted9.93 K
Price To Book1.68 X
EBITDA(1.11 M)
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Net Income(405.91 K)
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Cash And Equivalents57.87 K
Cash Per Share0.01 X
Total Debt611.99 K
Current Ratio0.03 X
Book Value Per Share0.11 X
Cash Flow From Operations(360.77 K)
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Short Ratio0.04 X
Earnings Per Share(0.03) X
Beta0.72
Market Capitalization7.99 M
Total Asset2.6 M
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Retained Earnings(31.08 M)
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Working Capital(172.35 K)
Net Asset2.6 M

About T2 Metals Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze T2 Metals Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of T2 Metals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of T2 Metals Corp 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 TWO Stock Analysis

When running T2 Metals' price analysis, check to measure T2 Metals' 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 T2 Metals is operating at the current time. Most of T2 Metals' value examination focuses on studying past and present price action to predict the probability of T2 Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move T2 Metals' price. Additionally, you may evaluate how the addition of T2 Metals to your portfolios can decrease your overall portfolio volatility.