Equitable Financial Corp Stock Z Score
| EQFNDelisted Stock | USD 12.75 0.00 0.00% |
Equitable |
Equitable Financial Corp Company Z Score Analysis
Equitable Financial'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..
Current Equitable Financial Z Score | 1.8 |
Most of Equitable Financial's fundamental indicators, such as Z Score, 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, Equitable Financial Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
| |||||||
| |||||||
| |||||||
| |||||||
|
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.
CompetitionAccording to the company's disclosures, Equitable Financial Corp has a Z Score of 1.8. This is 25.31% lower than that of the Thrifts & Mortgage Finance sector and significantly higher than that of the Financials industry. The z score for all United States stocks is 79.36% higher than that of the company.
Equitable Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Equitable Financial'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 Equitable Financial could also be used in its relative valuation, which is a method of valuing Equitable Financial by comparing valuation metrics of similar companies.Equitable Financial is currently under evaluation in z score category among its peers.
Equitable Fundamentals
| Return On Equity | 0.12 | ||||
| Return On Asset | 0.0116 | ||||
| Profit Margin | 0.23 % | ||||
| Operating Margin | 0.30 % | ||||
| Current Valuation | 18.58 M | ||||
| Shares Outstanding | 2.79 M | ||||
| Shares Owned By Institutions | 7.26 % | ||||
| Number Of Shares Shorted | 3.48 K | ||||
| Price To Earning | 14.41 X | ||||
| Price To Book | 0.85 X | ||||
| Price To Sales | 1.71 X | ||||
| Revenue | 20.3 M | ||||
| Gross Profit | 20.03 M | ||||
| EBITDA | 8.87 M | ||||
| Net Income | 4.26 M | ||||
| Cash And Equivalents | 48.31 M | ||||
| Cash Per Share | 17.30 X | ||||
| Total Debt | 11 M | ||||
| Debt To Equity | 5.24 % | ||||
| Book Value Per Share | 14.68 X | ||||
| Cash Flow From Operations | 4.42 M | ||||
| Short Ratio | 3.41 X | ||||
| Earnings Per Share | 1.61 X | ||||
| Number Of Employees | 16 | ||||
| Beta | 0.42 | ||||
| Market Capitalization | 35.6 M | ||||
| Total Asset | 422.58 M | ||||
| Retained Earnings | 11.24 M | ||||
| Z Score | 1.8 | ||||
| Net Asset | 422.58 M |
About Equitable Financial Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Equitable Financial Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Equitable Financial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Equitable Financial Corp 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.
Pair Trading with Equitable Financial
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Equitable Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Equitable Financial will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Equitable Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Equitable Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Equitable Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Equitable Financial Corp to buy it.
The correlation of Equitable Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Equitable Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Equitable Financial Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Equitable Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities 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 census. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Other Consideration for investing in Equitable Pink Sheet
If you are still planning to invest in Equitable Financial Corp 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 Equitable Financial's history and understand the potential risks before investing.
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Stocks Directory Find actively traded stocks across global markets | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas |