Good Life China Stock Probability Of Bankruptcy
Good Life's likelihood of distress is above 80% at the present time. It has very high risk of going through financial crunch in the upcoming years. Probability of distress shows the probability of financial torment over the next two years of operations under current economic and market conditions. All items used in analyzing the odds of distress are taken from the Good balance sheet, as well as cash flow and income statements available from the company's most recent filings. Check out Good Life Piotroski F Score and Good Life Altman Z Score analysis.
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Good Life China Company probability of distress Analysis
Good Life'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 Good Life Probability Of Bankruptcy | Over 83% |
Most of Good Life'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, Good Life China is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Good Life 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 Good Life 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 Good Life China financial health.
Is Consumer Staples Distribution & Retail 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 Good Life. If investors know Good 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 Good Life listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.12) | Revenue Per Share 0.001 | Quarterly Revenue Growth (0.76) |
The market value of Good Life China is measured differently than its book value, which is the value of Good that is recorded on the company's balance sheet. Investors also form their own opinion of Good Life's value that differs from its market value or its book value, called intrinsic value, which is Good Life'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 Good Life's market value can be influenced by many factors that don't directly affect Good Life'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 Good Life's value and its price as these two are different measures arrived at by different means. Investors typically determine if Good Life is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Good Life'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, Good Life China has a Probability Of Bankruptcy of 83%. This is 129.41% higher than that of the Consumer Staples Distribution & Retail sector and 188.09% higher than that of the Consumer Staples industry. The probability of bankruptcy for all United States stocks is 108.39% lower than that of the firm.
Good Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Good Life'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 Good Life could also be used in its relative valuation, which is a method of valuing Good Life by comparing valuation metrics of similar companies.Good Life is currently under evaluation in probability of bankruptcy category among its peers.
Good Fundamentals
| Profit Margin | (0.0004) % | ||||
| Operating Margin | (0.01) % | ||||
| Current Valuation | 5.93 K | ||||
| Price To Book | 0.19 X | ||||
| Price To Sales | 0 X | ||||
| Revenue | 5.55 M | ||||
| Gross Profit | 3.9 M | ||||
| EBITDA | 574.58 K | ||||
| Net Income | (2.26 K) | ||||
| Cash And Equivalents | 256.8 K | ||||
| Current Ratio | 0.67 X | ||||
| Book Value Per Share | 0 X | ||||
| Cash Flow From Operations | 89.24 K | ||||
| Earnings Per Share | (1.12) X | ||||
| Beta | 156.32 | ||||
| Market Capitalization | 5.93 K | ||||
| Total Asset | 17 M | ||||
| Current Asset | 1000 K | ||||
| Current Liabilities | 1000 K |
About Good Life Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Good Life China's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Good Life using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Good Life China 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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Check out Good Life Piotroski F Score and Good Life Altman Z Score analysis. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Consumer Staples Distribution & Retail 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 Good Life. If investors know Good 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 Good Life listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.12) | Revenue Per Share 0.001 | Quarterly Revenue Growth (0.76) |
The market value of Good Life China is measured differently than its book value, which is the value of Good that is recorded on the company's balance sheet. Investors also form their own opinion of Good Life's value that differs from its market value or its book value, called intrinsic value, which is Good Life'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 Good Life's market value can be influenced by many factors that don't directly affect Good Life'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 Good Life's value and its price as these two are different measures arrived at by different means. Investors typically determine if Good Life is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Good Life'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.