Eguana Technologies Stock Probability Of Bankruptcy
| EGT Stock | CAD 0.01 0.01 50.00% |
Eguana | Probability Of Bankruptcy |
Eguana Technologies Company odds of financial turmoil Analysis
Eguana Technologies' 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.
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Probability Of Bankruptcy | = | Normalized | | Z-Score |
Current Eguana Technologies Probability Of Bankruptcy | Over 72% |
Most of Eguana Technologies' 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, Eguana Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Eguana Technologies 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 Eguana Technologies 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 Eguana Technologies financial health.
Eguana Probability Of Bankruptcy Driver Correlations
Understanding the fundamental principles of building solid financial models for Eguana Technologies is extremely important. It helps to project a fair market value of Eguana Stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since Eguana Technologies' 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 Eguana Technologies' 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 Eguana Technologies' interrelated accounts and indicators.
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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.
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Based on the latest financial disclosure, Eguana Technologies has a Probability Of Bankruptcy of 72%. This is 69.09% higher than that of the Electrical Equipment sector and significantly higher than that of the Industrials industry. The probability of bankruptcy for all Canada stocks is 80.77% lower than that of the firm.
Eguana Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Eguana Technologies' 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 Eguana Technologies could also be used in its relative valuation, which is a method of valuing Eguana Technologies by comparing valuation metrics of similar companies.Eguana Technologies is currently under evaluation in probability of bankruptcy category among its peers.
Eguana Technologies Main Bankruptcy Drivers
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Return On Assets | (2.23) | (2.65) | (0.78) | (0.28) | (0.33) | (0.34) | |
| Asset Turnover | 0.75 | 2.1 | 0.48 | 0.28 | 0.26 | 0.33 | |
| Gross Profit Margin | 0.0217 | 0.11 | 0.0654 | (0.0267) | (0.024) | (0.0252) | |
| Net Debt | 5.0M | 8.8M | (3.9M) | 21.4M | 34.1M | 35.8M | |
| Total Current Liabilities | 7.2M | 8.2M | 11.2M | 11.1M | 19.1M | 20.1M | |
| Non Current Liabilities Total | 8.4M | 13.0M | 188.8K | 32.7M | 27.5M | 28.9M | |
| Total Assets | 4.6M | 3.8M | 14.9M | 47.4M | 21.5M | 22.5M | |
| Total Current Assets | 4.1M | 3.0M | 13.9M | 44.8M | 19.0M | 20.0M | |
| Total Cash From Operating Activities | (7.4M) | (2.8M) | (14.8M) | (33.7M) | (11.7M) | (11.1M) |
Eguana Fundamentals
| Return On Equity | -1.54 | ||||
| Return On Asset | -0.53 | ||||
| Operating Margin | (2.71) % | ||||
| Current Valuation | 45.01 M | ||||
| Shares Outstanding | 448.96 M | ||||
| Shares Owned By Insiders | 17.83 % | ||||
| Shares Owned By Institutions | 0.08 % | ||||
| Number Of Shares Shorted | 104.18 K | ||||
| Price To Earning | (8.08) X | ||||
| Price To Book | 23.56 X | ||||
| Price To Sales | 1.31 X | ||||
| Revenue | 11.46 M | ||||
| Gross Profit | (166.71 K) | ||||
| EBITDA | (22.17 M) | ||||
| Net Income | (35.59 M) | ||||
| Cash And Equivalents | 902.67 K | ||||
| Total Debt | 8.21 M | ||||
| Debt To Equity | 0.24 % | ||||
| Current Ratio | 1.85 X | ||||
| Book Value Per Share | (0.06) X | ||||
| Cash Flow From Operations | (11.68 M) | ||||
| Short Ratio | 0.10 X | ||||
| Earnings Per Share | (0.04) X | ||||
| Target Price | 0.1 | ||||
| Beta | 1.75 | ||||
| Market Capitalization | 6.73 M | ||||
| Total Asset | 21.46 M | ||||
| Retained Earnings | (139.73 M) | ||||
| Working Capital | (63.85 K) | ||||
| Net Asset | 21.46 M |
About Eguana Technologies Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Eguana Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Eguana Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Eguana Technologies 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 running Eguana Technologies' price analysis, check to measure Eguana Technologies' 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 Eguana Technologies is operating at the current time. Most of Eguana Technologies' value examination focuses on studying past and present price action to predict the probability of Eguana Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eguana Technologies' price. Additionally, you may evaluate how the addition of Eguana Technologies to your portfolios can decrease your overall portfolio volatility.