Satixfy Communications Stock Z Score

SATX Stock  USD 0.90  0.01  1.12%   
Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out SatixFy Communications Piotroski F Score and SatixFy Communications Valuation analysis.
For more information on how to buy SatixFy Stock please use our How to Invest in SatixFy Communications guide.
  
At this time, SatixFy Communications' Capital Lease Obligations is fairly stable compared to the past year. Net Invested Capital is likely to rise to about 1.1 M in 2024, whereas Capital Stock is likely to drop 0.00 in 2024. At this time, SatixFy Communications' Selling And Marketing Expenses is fairly stable compared to the past year. Total Revenue is likely to rise to about 10.7 M in 2024, despite the fact that Net Interest Income is likely to grow to (30.3 M).

SatixFy Communications Company Z Score Analysis

SatixFy Communications' Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..

Z Score

 = 

Sum Of

5 Factors

More About Z Score | All Equity Analysis

First Factor

 = 

1.2 * (

Working Capital

/

Total Assets )

Second Factor

 = 

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

 = 

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

 = 

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

 = 

0.99 * (

Revenue

/

Total Assets )

SatixFy Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for SatixFy Communications is extremely important. It helps to project a fair market value of SatixFy Stock properly, considering its historical fundamentals such as Z Score. Since SatixFy Communications' 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 SatixFy Communications' 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 SatixFy Communications' interrelated accounts and indicators.
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Click cells to compare fundamentals
To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
Competition

Based on the company's disclosures, SatixFy Communications has a Z Score of 0.0. This is 100.0% lower than that of the Electronic Equipment, Instruments & Components sector and 100.0% lower than that of the Information Technology industry. The z score for all United States stocks is 100.0% higher than that of the company.

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SatixFy Fundamentals

About SatixFy Communications Fundamental Analysis

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

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