Atlas Financial Holdings Stock Z Score
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. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
Atlas |
Atlas Financial Holdings Company Z Score Analysis
Atlas Financial'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..
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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.
CompetitionIn accordance with the company's disclosures, Atlas Financial Holdings has a Z Score of 0.0. This is 100.0% lower than that of the Financial Services sector and about the same as Insurance—Property & Casualty (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.
Atlas Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Atlas Financial's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Atlas Financial could also be used in its relative valuation, which is a method of valuing Atlas Financial by comparing valuation metrics of similar companies.Atlas Financial is currently under evaluation in z score category among its peers.
Atlas Fundamentals
Return On Equity | -193.81 | |||
Return On Asset | -11.89 | |||
Profit Margin | (54.81) % | |||
Operating Margin | (46.20) % | |||
Current Valuation | (33.22 M) | |||
Shares Outstanding | 11.94 M | |||
Shares Owned By Insiders | 9.28 % | |||
Shares Owned By Institutions | 16.21 % | |||
Number Of Shares Shorted | 58.74 K | |||
Price To Earning | 76.32 X | |||
Price To Book | 0.58 X | |||
Price To Sales | 0.01 X | |||
Revenue | 187.77 M | |||
Gross Profit | (58.53 M) | |||
EBITDA | (83.41 M) | |||
Net Income | (102.92 M) | |||
Cash And Equivalents | 62.57 M | |||
Cash Per Share | 5.24 X | |||
Total Debt | 26.9 M | |||
Debt To Equity | 6.18 % | |||
Current Ratio | 0.72 X | |||
Book Value Per Share | 0.36 X | |||
Cash Flow From Operations | (57.53 M) | |||
Short Ratio | 0.09 X | |||
Earnings Per Share | (8.62) X | |||
Number Of Employees | 286 | |||
Beta | 1.3 | |||
Market Capitalization | 2.51 M | |||
Total Asset | 411.29 M | |||
Retained Earnings | (184.99 M) |
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Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Other Consideration for investing in Atlas Stock
If you are still planning to invest in Atlas Financial Holdings 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 Atlas Financial's history and understand the potential risks before investing.
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