Ingen Technologies Stock Probability Of Bankruptcy
Ingen Technologies' odds of distress is below 50% at this time. It has small probability of experiencing financial hardship in the next few years. Probability of financial unrest prediction helps decision makers evaluate Ingen Technologies' chance of financial distress in relation to its going-concern outlook and evaluation. All items used in analyzing the odds of distress are taken from the Ingen balance sheet, as well as cash flow and income statements available from the company's most recent filings. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Ingen Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
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Ingen Technologies Company probability of financial unrest Analysis
Ingen 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.
More About Probability Of Bankruptcy | All Equity Analysis
Probability Of Bankruptcy | = | Normalized | | Z-Score |
Current Ingen Technologies Probability Of Bankruptcy | Less than 47% |
Most of Ingen 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, Ingen Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Ingen 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 Ingen 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 Ingen Technologies financial health.
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, Ingen Technologies has a Probability Of Bankruptcy of 47.0%. This is 8.57% higher than that of the Healthcare sector and 14.16% higher than that of the Medical Devices industry. The probability of bankruptcy for all United States stocks is 18.0% lower than that of the firm.
Ingen Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ingen Technologies' direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Ingen Technologies could also be used in its relative valuation, which is a method of valuing Ingen Technologies by comparing valuation metrics of similar companies.Ingen Technologies is currently under evaluation in probability of bankruptcy category among its peers.
Ingen Fundamentals
Operating Margin | (48.27) % | |||
Current Valuation | 63.2 K | |||
Shares Outstanding | 8 M | |||
Price To Sales | 0.04 X | |||
Revenue | 13.56 K | |||
Gross Profit | 12.98 K | |||
Net Income | (1.01 M) | |||
Cash And Equivalents | 336 | |||
Current Ratio | 0.03 X | |||
Book Value Per Share | (0.01) X | |||
Cash Flow From Operations | 6.62 M | |||
Number Of Employees | 14 | |||
Beta | 2.14 | |||
Market Capitalization | 4.8 K | |||
Total Asset | 318.62 K | |||
Retained Earnings | (32.33 M) | |||
Working Capital | (5.38 M) | |||
Current Asset | 209 K | |||
Current Liabilities | 5.59 M | |||
Annual Yield | 0 % | |||
Net Asset | 318.62 K |
About Ingen Technologies Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ingen Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ingen Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ingen 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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Additional Tools for Ingen Pink Sheet Analysis
When running Ingen Technologies' price analysis, check to measure Ingen 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 Ingen Technologies is operating at the current time. Most of Ingen Technologies' value examination focuses on studying past and present price action to predict the probability of Ingen Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ingen Technologies' price. Additionally, you may evaluate how the addition of Ingen Technologies to your portfolios can decrease your overall portfolio volatility.