Air Transport Services Stock Probability Of Bankruptcy
ATSG Stock | USD 21.96 0.03 0.14% |
Air | Probability Of Bankruptcy |
Air Transport Services Company chance of financial distress Analysis
Air Transport'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.
More About Probability Of Bankruptcy | All Equity Analysis
Probability Of Bankruptcy | = | Normalized | | Z-Score |
Current Air Transport Probability Of Bankruptcy | Less than 29% |
Most of Air Transport'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, Air Transport Services is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Air Transport 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 Air Transport 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 Air Transport Services financial health.
Is Air Freight & Logistics space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Air Transport. If investors know Air will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Air Transport listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.77) | Earnings Share (0.01) | Revenue Per Share 30.203 | Quarterly Revenue Growth (0.1) | Return On Assets 0.0149 |
The market value of Air Transport Services is measured differently than its book value, which is the value of Air that is recorded on the company's balance sheet. Investors also form their own opinion of Air Transport's value that differs from its market value or its book value, called intrinsic value, which is Air Transport's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Air Transport's market value can be influenced by many factors that don't directly affect Air Transport's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Air Transport's value and its price as these two are different measures arrived at by different means. Investors typically determine if Air Transport is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Air Transport'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.
Air Probability Of Bankruptcy Driver Correlations
Understanding the fundamental principles of building solid financial models for Air Transport is extremely important. It helps to project a fair market value of Air Stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since Air Transport's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Air Transport's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Air Transport's interrelated accounts and indicators.
Click cells to compare fundamentals
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, Air Transport Services has a Probability Of Bankruptcy of 29.0%. This is 31.89% lower than that of the Air Freight & Logistics sector and 32.1% lower than that of the Industrials industry. The probability of bankruptcy for all United States stocks is 27.19% higher than that of the company.
Air Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Air Transport'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 Air Transport could also be used in its relative valuation, which is a method of valuing Air Transport by comparing valuation metrics of similar companies.Air Transport is currently under evaluation in probability of bankruptcy category among its peers.
Air Transport Main Bankruptcy Drivers
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Return On Assets | 0.008355 | 0.0708 | 0.0645 | 0.0553 | 0.0155 | 0.0163 | |
Net Debt | 1.3B | 1.5B | 1.3B | 1.5B | 1.8B | 1.9B | |
Total Current Liabilities | 229.1M | 302.0M | 312.6M | 307.5M | 400.2M | 207.6M | |
Non Current Liabilities Total | 1.8B | 1.8B | 1.6B | 1.9B | 2.1B | 2.2B | |
Total Assets | 2.5B | 3.0B | 3.3B | 3.6B | 3.9B | 4.1B | |
Total Current Assets | 259.2M | 272.7M | 352.8M | 418.5M | 345.7M | 215.1M | |
Total Cash From Operating Activities | 298.0M | 512.3M | 583.6M | 472.1M | 654.1M | 686.8M |
Air Transport ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Air Transport's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Air Transport's managers, analysts, and investors.Environmental | Governance | Social |
Air Fundamentals
Return On Equity | -0.002 | ||||
Return On Asset | 0.0149 | ||||
Profit Margin | (0) % | ||||
Operating Margin | 0.04 % | ||||
Current Valuation | 3.03 B | ||||
Shares Outstanding | 65.76 M | ||||
Shares Owned By Insiders | 22.20 % | ||||
Shares Owned By Institutions | 81.38 % | ||||
Number Of Shares Shorted | 2.62 M | ||||
Price To Earning | 11.64 X | ||||
Price To Book | 0.98 X | ||||
Price To Sales | 0.74 X | ||||
Revenue | 2.07 B | ||||
Gross Profit | 836.88 M | ||||
EBITDA | 507.65 M | ||||
Net Income | 59.75 M | ||||
Cash And Equivalents | 54.49 M | ||||
Cash Per Share | 0.75 X | ||||
Total Debt | 1.82 B | ||||
Debt To Equity | 0.98 % | ||||
Current Ratio | 1.22 X | ||||
Book Value Per Share | 22.48 X | ||||
Cash Flow From Operations | 654.08 M | ||||
Short Ratio | 1.69 X | ||||
Earnings Per Share | (0.01) X | ||||
Price To Earnings To Growth | 56.16 X | ||||
Target Price | 22.5 | ||||
Number Of Employees | 5.09 K | ||||
Beta | 0.81 | ||||
Market Capitalization | 1.44 B | ||||
Total Asset | 3.88 B | ||||
Retained Earnings | 589.21 M | ||||
Working Capital | (54.49 M) | ||||
Current Asset | 101.31 M | ||||
Current Liabilities | 126.68 M | ||||
Net Asset | 3.88 B |
About Air Transport Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Air Transport Services's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Air Transport using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Air Transport Services 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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When determining whether Air Transport Services is a strong investment it is important to analyze Air Transport's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Air Transport's future performance. For an informed investment choice regarding Air Stock, refer to the following important reports:Check out Air Transport Piotroski F Score and Air Transport Altman Z Score analysis. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Air Freight & Logistics space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Air Transport. If investors know Air will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Air Transport listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.77) | Earnings Share (0.01) | Revenue Per Share 30.203 | Quarterly Revenue Growth (0.1) | Return On Assets 0.0149 |
The market value of Air Transport Services is measured differently than its book value, which is the value of Air that is recorded on the company's balance sheet. Investors also form their own opinion of Air Transport's value that differs from its market value or its book value, called intrinsic value, which is Air Transport's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Air Transport's market value can be influenced by many factors that don't directly affect Air Transport's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Air Transport's value and its price as these two are different measures arrived at by different means. Investors typically determine if Air Transport is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Air Transport'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.