Athena Technology Acquisition 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 income.
Athena |
Athena Technology Acquisition Company Z Score Analysis
Athena Technology'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, Athena Technology Acquisition has a Z Score of 0.0. This is 100.0% lower than that of the Capital Markets sector and about the same as Financials (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.
Athena Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Athena Technology's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Athena Technology could also be used in its relative valuation, which is a method of valuing Athena Technology by comparing valuation metrics of similar companies.Athena Technology is currently under evaluation in z score category among its peers.
Athena Fundamentals
Return On Asset | -0.0725 | ||||
Current Valuation | 11.2 M | ||||
Shares Outstanding | 10.15 M | ||||
Shares Owned By Insiders | 88.42 % | ||||
Shares Owned By Institutions | 14.43 % | ||||
Number Of Shares Shorted | 315 | ||||
Price To Book | 13.42 X | ||||
EBITDA | (1.51 M) | ||||
Net Income | 1.34 M | ||||
Cash And Equivalents | 722.3 K | ||||
Cash Per Share | 0.02 X | ||||
Total Debt | 360.06 K | ||||
Current Ratio | 2.63 X | ||||
Book Value Per Share | (1.49) X | ||||
Cash Flow From Operations | (896.11 K) | ||||
Short Ratio | 0.09 X | ||||
Earnings Per Share | (0.06) X | ||||
Beta | 0.003 | ||||
Market Capitalization | 10.15 M | ||||
Total Asset | 26.33 M | ||||
Retained Earnings | (15.27 M) | ||||
Working Capital | (5.63 M) | ||||
Net Asset | 26.33 M |
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Try AI Portfolio ArchitectCheck 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 income. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Other Consideration for investing in Athena Pink Sheet
If you are still planning to invest in Athena Technology 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 Athena Technology's history and understand the potential risks before investing.
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