Alakasa Industrindo Tbk Stock Probability Of Bankruptcy

ALKA Stock  IDR 374.00  4.00  1.06%   
Alakasa Industrindo's likelihood of distress is under 9% at the moment. It has tiny risk of undergoing some form of financial distress in the near future. Odds of financial distress prediction helps decision makers evaluate Alakasa Industrindo'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 Alakasa 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 Alakasa Industrindo Tbk. 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.
  

Alakasa Industrindo Tbk Company odds of financial distress Analysis

Alakasa Industrindo'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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Z-Score

More About Probability Of Bankruptcy | All Equity Analysis

Current Alakasa Industrindo Probability Of Bankruptcy

    
  Less than 9%  
Most of Alakasa Industrindo'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, Alakasa Industrindo Tbk is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Alakasa Industrindo 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 Alakasa Industrindo 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 Alakasa Industrindo Tbk financial health.
Please note, there is a significant difference between Alakasa Industrindo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alakasa Industrindo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alakasa Industrindo'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, Alakasa Industrindo Tbk has a Probability Of Bankruptcy of 9.0%. This is 79.7% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The probability of bankruptcy for all Indonesia stocks is 77.4% higher than that of the company.

Alakasa Probability Of Bankruptcy Peer Comparison

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

Alakasa Fundamentals

About Alakasa Industrindo Fundamental Analysis

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

Alakasa Industrindo financial ratios help investors to determine whether Alakasa 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 Alakasa with respect to the benefits of owning Alakasa Industrindo security.