Viq Solutions Stock Probability Of Bankruptcy
| VQS Stock | CAD 0.18 0.01 5.88% |
Viq | Probability Of Bankruptcy |
Viq Solutions Company odds of distress Analysis
Viq Solutions' 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 Viq Solutions Probability Of Bankruptcy | Over 84% |
Most of Viq Solutions' 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, Viq Solutions is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Viq Solutions 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 Viq Solutions 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 Viq Solutions financial health.
Viq Probability Of Bankruptcy Driver Correlations
Understanding the fundamental principles of building solid financial models for Viq Solutions is extremely important. It helps to project a fair market value of Viq Stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since Viq Solutions' 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 Viq Solutions' 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 Viq Solutions' interrelated accounts and indicators.
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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 |
Based on the latest financial disclosure, Viq Solutions has a Probability Of Bankruptcy of 84%. This is 107.61% higher than that of the Software sector and significantly higher than that of the Information Technology industry. The probability of bankruptcy for all Canada stocks is 110.9% lower than that of the firm.
Viq Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Viq Solutions' 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 Viq Solutions could also be used in its relative valuation, which is a method of valuing Viq Solutions by comparing valuation metrics of similar companies.Viq Solutions is currently under evaluation in probability of bankruptcy category among its peers.
Viq Solutions Main Bankruptcy Drivers
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Return On Assets | (0.28) | (0.22) | (0.26) | (0.41) | (0.48) | (0.51) | |
| Asset Turnover | 1.21 | 0.74 | 0.65 | 1.29 | 1.38 | 1.86 | |
| Gross Profit Margin | 0.31 | 0.43 | 0.51 | 0.48 | 0.44 | 0.32 | |
| Net Debt | 10.2M | (2.9M) | 3.7M | 8.2M | 11.9M | 12.5M | |
| Total Current Liabilities | 8.0M | 8.5M | 10.3M | 17.2M | 8.9M | 5.4M | |
| Non Current Liabilities Total | 10.6M | 14.4M | 15.3M | 2.7M | 14.6M | 15.4M | |
| Total Assets | 20.8M | 42.7M | 47.7M | 35.5M | 29.7M | 15.0M | |
| Total Current Assets | 5.1M | 21.6M | 18.3M | 9.2M | 7.7M | 5.7M | |
| Total Cash From Operating Activities | (551.2K) | 3.4M | (8.2M) | (2.3M) | (2.8M) | (2.7M) |
Viq Fundamentals
| Return On Equity | -1.19 | ||||
| Return On Asset | -0.13 | ||||
| Profit Margin | (0.23) % | ||||
| Operating Margin | (0.03) % | ||||
| Current Valuation | 22.89 M | ||||
| Shares Outstanding | 52.25 M | ||||
| Shares Owned By Insiders | 38.52 % | ||||
| Number Of Shares Shorted | 8.91 K | ||||
| Price To Book | 0.75 X | ||||
| Price To Sales | 0.22 X | ||||
| Revenue | 41.02 M | ||||
| Gross Profit | 21.93 M | ||||
| EBITDA | (7.05 M) | ||||
| Net Income | (14.33 M) | ||||
| Cash And Equivalents | 3.49 M | ||||
| Cash Per Share | 0.10 X | ||||
| Total Debt | 13.49 M | ||||
| Debt To Equity | 0.55 % | ||||
| Current Ratio | 1.01 X | ||||
| Book Value Per Share | 0.15 X | ||||
| Cash Flow From Operations | (2.81 M) | ||||
| Short Ratio | 0.19 X | ||||
| Earnings Per Share | (0.55) X | ||||
| Price To Earnings To Growth | (0.02) X | ||||
| Target Price | 0.68 | ||||
| Number Of Employees | 334 | ||||
| Beta | -0.092 | ||||
| Market Capitalization | 9.14 M | ||||
| Total Asset | 29.68 M | ||||
| Retained Earnings | (78.06 M) | ||||
| Working Capital | (8.02 M) | ||||
| Net Asset | 29.68 M |
About Viq Solutions Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Viq Solutions's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Viq Solutions using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Viq Solutions 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.
Other Information on Investing in Viq Stock
Viq Solutions financial ratios help investors to determine whether Viq Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Viq with respect to the benefits of owning Viq Solutions security.