Pacific Ridge Exploration Stock Probability Of Bankruptcy

PEX Stock  CAD 0.03  0.01  16.67%   
Pacific Ridge's risk of distress is under 23% at this time. It has slight likelihood of undergoing some form of financial crunch in the near future. Pacific Ridge's Odds of financial turmoil is determined by interpolating and adjusting Pacific Altman Z Score to account for off-balance-sheet items and missing or unfiled public information. All items used in analyzing the odds of distress are taken from the Pacific balance sheet, as well as cash flow and income statements available from the company's most recent filings. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pacific Ridge Exploration. 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.
  
Market Cap is likely to climb to about 19.4 M in 2024. Enterprise Value is likely to climb to about 18.9 M in 2024

Pacific Ridge Exploration Company odds of financial turmoil Analysis

Pacific Ridge'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.

Probability Of Bankruptcy

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Normalized

Z-Score

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Current Pacific Ridge Probability Of Bankruptcy

    
  Less than 23%  
Most of Pacific Ridge'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, Pacific Ridge Exploration is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Pacific Ridge 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 Pacific Ridge 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 Pacific Ridge Exploration financial health.
Please note, there is a significant difference between Pacific Ridge's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pacific Ridge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pacific Ridge'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.

Pacific Probability Of Bankruptcy Driver Correlations

Understanding the fundamental principles of building solid financial models for Pacific Ridge is extremely important. It helps to project a fair market value of Pacific Stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since Pacific Ridge'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 Pacific Ridge'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 Pacific Ridge's interrelated accounts and indicators.
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, Pacific Ridge Exploration has a Probability Of Bankruptcy of 23.0%. This is 48.13% lower than that of the Metals & Mining sector and 47.86% lower than that of the Materials industry. The probability of bankruptcy for all Canada stocks is 42.25% higher than that of the company.

Pacific Probability Of Bankruptcy Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Pacific Ridge'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 Pacific Ridge could also be used in its relative valuation, which is a method of valuing Pacific Ridge by comparing valuation metrics of similar companies.
Pacific Ridge is currently under evaluation in probability of bankruptcy category among its peers.

Pacific Ridge Main Bankruptcy Drivers

201920202021202220232024 (projected)
Return On Assets(0.2)(0.4)(2.1)(0.89)(1.51)(1.44)
Net Debt(879.9K)(580.2K)(520.1K)(7.8M)(479.1K)(503.1K)
Total Current Liabilities87.3K131.8K252.0K1.8M628.1K659.5K
Total Assets1.4M1.2M1.3M8.6M5.2M3.5M
Total Current Assets920.4K689.0K718.2K7.9M672.1K638.5K
Total Cash From Operating Activities(458.3K)(817.1K)(3.0M)(6.9M)(8.7M)(8.3M)

Pacific Fundamentals

About Pacific Ridge Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Pacific Ridge Exploration's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Pacific Ridge using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Pacific Ridge Exploration 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 Pacific Stock Analysis

When running Pacific Ridge's price analysis, check to measure Pacific Ridge's 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 Pacific Ridge is operating at the current time. Most of Pacific Ridge's value examination focuses on studying past and present price action to predict the probability of Pacific Ridge's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pacific Ridge's price. Additionally, you may evaluate how the addition of Pacific Ridge to your portfolios can decrease your overall portfolio volatility.