Numinus Wellness Stock Probability Of Bankruptcy
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Numinus | Probability Of Bankruptcy |
Numinus Wellness Company odds of distress Analysis
Numinus Wellness' 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 Numinus Wellness Probability Of Bankruptcy | Over 86% |
Most of Numinus Wellness' 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, Numinus Wellness is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Numinus Wellness 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 Numinus Wellness 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 Numinus Wellness financial health.
Numinus Probability Of Bankruptcy Driver Correlations
Understanding the fundamental principles of building solid financial models for Numinus Wellness is extremely important. It helps to project a fair market value of Numinus Stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since Numinus Wellness' 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 Numinus Wellness' 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 Numinus Wellness' 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.
| Competition |
Based on the latest financial disclosure, Numinus Wellness has a Probability Of Bankruptcy of 86%. This is 98.66% higher than that of the Health Care Providers & Services sector and significantly higher than that of the Health Care industry. The probability of bankruptcy for all Canada stocks is 115.92% lower than that of the firm.
Chance Of Distress
Quite High
High | Low |
Numinus Wellness has more than 70 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Numinus Wellness stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, Numinus Wellness' odds of distress score SHOULD NOT be confused with the real chance of Numinus Wellness filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Numinus 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 public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Numinus Wellness' liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
More InfoNuminus Wellness Main Bankruptcy Drivers
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Return On Assets | (1.87) | (0.29) | (0.85) | (1.24) | (1.12) | (1.18) | |
| Asset Turnover | 0.17 | 0.0236 | 0.12 | 0.95 | 1.1 | 1.04 | |
| Gross Profit Margin | 0.0999 | (0.0539) | 0.27 | 0.36 | 0.33 | 0.34 | |
| Net Debt | (1.2M) | (57.7M) | (25.2M) | (1.4M) | (1.2M) | (1.3M) | |
| Total Current Liabilities | 2.0M | 1.9M | 4.6M | 4.6M | 5.3M | 5.6M | |
| Non Current Liabilities Total | 315.7K | 1.4M | 6.8M | 5.6M | 6.5M | 6.8M | |
| Total Assets | 5.1M | 64.1M | 52.6M | 24.3M | 28.0M | 20.6M | |
| Total Current Assets | 2.7M | 61.0M | 36.1M | 12.1M | 13.9M | 15.5M | |
| Total Cash From Operating Activities | (5.4M) | (15.6M) | (26.2M) | (22.8M) | (20.5M) | (19.5M) |
Numinus Fundamentals
| Return On Equity | -1.88 | ||||
| Return On Asset | -0.51 | ||||
| Profit Margin | (1.13) % | ||||
| Operating Margin | (0.91) % | ||||
| Current Valuation | 19.4 M | ||||
| Shares Outstanding | 320.55 M | ||||
| Shares Owned By Insiders | 3.81 % | ||||
| Shares Owned By Institutions | 2.60 % | ||||
| Number Of Shares Shorted | 238.94 K | ||||
| Price To Book | 3.46 X | ||||
| Price To Sales | 0.71 X | ||||
| Revenue | 23.18 M | ||||
| Gross Profit | 6.8 M | ||||
| EBITDA | (24.65 M) | ||||
| Net Income | (30.26 M) | ||||
| Total Debt | 7.2 M | ||||
| Book Value Per Share | 0.01 X | ||||
| Cash Flow From Operations | (22.76 M) | ||||
| Short Ratio | 1.43 X | ||||
| Earnings Per Share | (0.08) X | ||||
| Target Price | 1.1 | ||||
| Beta | 2.48 | ||||
| Market Capitalization | 16.03 M | ||||
| Total Asset | 24.33 M | ||||
| Retained Earnings | (116.87 M) | ||||
| Working Capital | 7.41 M | ||||
| Net Asset | 24.33 M |
About Numinus Wellness Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Numinus Wellness's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Numinus Wellness using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Numinus Wellness 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.
Other Information on Investing in Numinus Stock
Numinus Wellness financial ratios help investors to determine whether Numinus Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Numinus with respect to the benefits of owning Numinus Wellness security.