Austco Healthcare Stock Probability Of Bankruptcy

AHC Stock   0.28  0.01  3.70%   
Austco Healthcare's odds of distress is below 1% at this time. The company is very unlikely to encounter any financial crunch in the next two years. Probability of financial unrest prediction helps decision makers evaluate Austco Healthcare's chance of financial distress in relation to its going-concern outlook and evaluation. All items used in analyzing the odds of distress are taken from the Austco balance sheet, as well as cash flow and income statements available from the company's most recent filings. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Austco Healthcare. 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.
  

Austco Healthcare Company probability of financial unrest Analysis

Austco Healthcare'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.

Probability Of Bankruptcy

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Normalized

Z-Score

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Current Austco Healthcare Probability Of Bankruptcy

    
  Less than 1%  
Most of Austco Healthcare'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, Austco Healthcare is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Austco Healthcare 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 Austco Healthcare 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 Austco Healthcare financial health.
Please note, there is a significant difference between Austco Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Austco Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Austco Healthcare's 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, Austco Healthcare has a Probability Of Bankruptcy of 1.0%. This is 97.69% lower than that of the Health Care Equipment & Supplies sector and 97.24% lower than that of the Health Care industry. The probability of bankruptcy for all Australia stocks is 97.49% higher than that of the company.

Austco Probability Of Bankruptcy Peer Comparison

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

Austco Healthcare Main Bankruptcy Drivers

201920202021202220232024 (projected)
Net Debt(5.6M)(6.6M)(6.6M)(4.1M)(11.8M)(11.2M)
Total Current Liabilities6.3M7.2M10.5M12.6M17.1M9.1M
Non Current Liabilities Total580K643K456K215K7.3M7.6M
Total Assets23.1M27.2M34.0M37.9M68.7M72.1M
Total Current Assets18.1M21.7M27.3M29.8M40.6M42.6M
Total Cash From Operating Activities3.3M3.2M1.9M320K11.3M11.9M

Austco Fundamentals

About Austco Healthcare Fundamental Analysis

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

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