Nucana Plc Stock Probability Of Bankruptcy
NCNA Stock | USD 1.26 0.02 1.56% |
NuCana | Probability Of Bankruptcy |
NuCana PLC Company chance of distress Analysis
NuCana PLC'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 NuCana PLC Probability Of Bankruptcy | Over 84% |
Most of NuCana PLC'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, NuCana PLC is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of NuCana PLC 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 NuCana PLC 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 NuCana PLC financial health.
Is Biotechnology 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 NuCana PLC. If investors know NuCana 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 NuCana PLC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (14.98) | Return On Assets (0.68) | Return On Equity (1.81) |
The market value of NuCana PLC is measured differently than its book value, which is the value of NuCana that is recorded on the company's balance sheet. Investors also form their own opinion of NuCana PLC's value that differs from its market value or its book value, called intrinsic value, which is NuCana PLC'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 NuCana PLC's market value can be influenced by many factors that don't directly affect NuCana PLC'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 NuCana PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if NuCana PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NuCana PLC'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.
NuCana Probability Of Bankruptcy Driver Correlations
Understanding the fundamental principles of building solid financial models for NuCana PLC is extremely important. It helps to project a fair market value of NuCana Stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since NuCana PLC'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 NuCana PLC'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 NuCana PLC'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, NuCana PLC has a Probability Of Bankruptcy of 84%. This is 94.04% higher than that of the Biotechnology sector and 53.17% higher than that of the Health Care industry. The probability of bankruptcy for all United States stocks is 110.9% lower than that of the firm.
NuCana Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NuCana PLC'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 NuCana PLC could also be used in its relative valuation, which is a method of valuing NuCana PLC by comparing valuation metrics of similar companies.NuCana PLC is currently under evaluation in probability of bankruptcy category among its peers.
NuCana PLC Main Bankruptcy Drivers
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Return On Assets | (0.3) | (0.28) | (0.52) | (0.55) | (0.99) | (0.94) | |
Net Debt | (51.2M) | (86.7M) | (59.9M) | (41.3M) | (16.8M) | (17.7M) | |
Total Current Liabilities | 6.2M | 8.1M | 11.7M | 19.3M | 12.7M | 7.9M | |
Non Current Liabilities Total | 564K | 413K | 210K | 442K | 248K | 234.8K | |
Total Assets | 70.3M | 107.8M | 77.5M | 58.3M | 27.8M | 26.4M | |
Total Current Assets | 65.2M | 101.8M | 71.6M | 54.9M | 25.0M | 23.8M | |
Total Cash From Operating Activities | (23.8M) | (21.6M) | (23.8M) | (23.2M) | (26.4M) | (25.1M) |
NuCana Fundamentals
Return On Equity | -1.81 | ||||
Return On Asset | -0.68 | ||||
Current Valuation | (9.01 M) | ||||
Shares Outstanding | 3.93 M | ||||
Shares Owned By Insiders | 0.52 % | ||||
Shares Owned By Institutions | 11.81 % | ||||
Number Of Shares Shorted | 63.1 K | ||||
Price To Earning | (7.52) X | ||||
Price To Book | 0.93 X | ||||
EBITDA | (28.89 M) | ||||
Net Income | (27.63 M) | ||||
Cash And Equivalents | 46.53 M | ||||
Cash Per Share | 0.90 X | ||||
Total Debt | 396 K | ||||
Debt To Equity | 0 % | ||||
Current Ratio | 5.83 X | ||||
Book Value Per Share | 7.11 X | ||||
Cash Flow From Operations | (26.44 M) | ||||
Short Ratio | 0.31 X | ||||
Earnings Per Share | (14.98) X | ||||
Target Price | 49.67 | ||||
Number Of Employees | 25 | ||||
Beta | 1.04 | ||||
Market Capitalization | 5.02 M | ||||
Total Asset | 27.81 M | ||||
Retained Earnings | (207.71 M) | ||||
Working Capital | 12.34 M | ||||
Current Asset | 47.66 M | ||||
Current Liabilities | 2.32 M | ||||
Net Asset | 27.81 M |
About NuCana PLC Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze NuCana PLC's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NuCana PLC using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NuCana PLC 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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether NuCana PLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NuCana PLC's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nucana Plc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nucana Plc Stock:Check out NuCana PLC Piotroski F Score and NuCana PLC Altman Z Score analysis. For information on how to trade NuCana Stock refer to our How to Trade NuCana Stock guide.You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Biotechnology 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 NuCana PLC. If investors know NuCana 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 NuCana PLC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (14.98) | Return On Assets (0.68) | Return On Equity (1.81) |
The market value of NuCana PLC is measured differently than its book value, which is the value of NuCana that is recorded on the company's balance sheet. Investors also form their own opinion of NuCana PLC's value that differs from its market value or its book value, called intrinsic value, which is NuCana PLC'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 NuCana PLC's market value can be influenced by many factors that don't directly affect NuCana PLC'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 NuCana PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if NuCana PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NuCana PLC'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.