Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Suzhou Mingzhi Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Suzhou
Z Score
Change To Inventory
Investments
Change In Cash
Free Cash Flow
Change In Working Capital
Begin Period Cash Flow
Depreciation
Other Non Cash Items
Dividends Paid
Capital Expenditures
Total Cash From Operating Activities
Net Income
End Period Cash Flow
Total Assets
Other Current Liab
Total Current Liabilities
Total Stockholder Equity
Retained Earnings
Accounts Payable
Cash
Non Current Assets Total
Non Currrent Assets Other
Net Receivables
Common Stock Shares Outstanding
Non Current Liabilities Total
Inventory
Other Current Assets
Total Liab
Net Invested Capital
Short Long Term Debt
Total Current Assets
Capital Stock
Non Current Liabilities Other
Net Working Capital
Intangible Assets
Property Plant And Equipment Net
Capital Lease Obligations
Property Plant And Equipment Gross
Short Term Investments
Tax Provision
Net Interest Income
Interest Income
Interest Expense
Selling General Administrative
Total Revenue
Gross Profit
Operating Income
Net Income From Continuing Ops
Research Development
Ebitda
Cost Of Revenue
Total Operating Expenses
Reconciled Depreciation
Income Before Tax
Probability Of Bankruptcy
At present, Suzhou Mingzhi's Capital Lease Obligations is projected to increase significantly based on the last few years of reporting. The current year's Change In Working Capital is expected to grow to about 149.2 M, whereas Net Invested Capital is forecasted to decline to about 988 M. At present, Suzhou Mingzhi's Total Revenue is projected to decrease significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 161.5 M, whereas Tax Provision is projected to grow to (3.6 M).
Suzhou Mingzhi Technology Company Z Score Analysis
Suzhou Mingzhi's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
In accordance with the company's disclosures, Suzhou Mingzhi Technology has a Z Score of 0.0. This is 100.0% lower than that of the Machinery sector and 100.0% lower than that of the Industrials industry. The z score for all China stocks is 100.0% higher than that of the company.
Did you try this?
Run Analyst Advice Now
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
The Macroaxis Fundamental Analysis modules help investors analyze Suzhou Mingzhi Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Suzhou Mingzhi using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Suzhou Mingzhi Technology 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.
Suzhou Mingzhi financial ratios help investors to determine whether Suzhou 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 Suzhou with respect to the benefits of owning Suzhou Mingzhi security.