Trio Tech International Stock Z Score

TRT Stock

USD 6.19 0.19 3.17%

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 Trio Tech Piotroski F Score and Trio Tech Valuation analysis.

At this time, Trio Tech's Capital Stock is comparatively stable compared to the past year. Capital Expenditure Coverage Ratio is likely to gain to 4.96 in 2024, whereas Capital Surpluse is likely to drop slightly above 3.8 M in 2024. At this time, Trio Tech's EBIT is comparatively stable compared to the past year. EBITDA is likely to gain to about 6.2 M in 2024, whereas Operating Income is likely to drop slightly above 569.6 K in 2024.

Trio Tech International Company Z Score Analysis

Trio Tech's 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 )

Trio Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Trio Tech is extremely important. It helps to project a fair market value of Trio Stock properly, considering its historical fundamentals such as Z Score. Since Trio Tech'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 Trio Tech'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 Trio Tech's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Short Term Investments	Common Stock	Long Term Debt	Property Plant Equipment	Current Deferred Revenue	Net Tangible Assets	Total Permanent Equity	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Net Invested Capital	Cash And Equivalents	Net Working Capital	Capital Stock
Total Assets		0.94	-0.24	0.67	0.34	0.81	0.66	0.85	0.21	0.26	0.96	0.19	0.81	-0.65	0.56	0.44	-0.55	0.62	-0.2	0.38	-0.44	0.51	0.51	0.54	0.38
Total Stockholder Equity	0.94		-0.48	0.79	0.09	0.62	0.37	0.94	-0.11	0.48	0.96	-0.07	0.65	-0.47	0.75	0.63	-0.7	0.8	-0.19	0.53	-0.65	0.66	0.63	0.73	0.5
Net Debt	-0.24	-0.48		-0.82	0.39	0.08	0.39	-0.6	0.68	-0.75	-0.42	0.82	0.09	-0.2	-0.81	-0.8	0.87	-0.78	0.08	-0.78	0.79	-0.85	-0.75	-0.82	-0.81
Retained Earnings	0.67	0.79	-0.82		-0.11	0.34	0.09	0.85	-0.38	0.78	0.78	-0.46	0.31	-0.14	0.84	0.82	-0.89	0.82	-0.13	0.71	-0.78	0.9	0.72	0.88	0.82
Accounts Payable	0.34	0.09	0.39	-0.11		0.49	0.66	0.0	0.61	-0.42	0.21	0.67	0.59	-0.65	-0.25	-0.19	0.26	-0.3	-0.04	-0.04	0.29	-0.3	-0.22	-0.3	-0.25
Net Receivables	0.81	0.62	0.08	0.34	0.49		0.86	0.63	0.57	-0.07	0.68	0.33	0.72	-0.55	0.3	0.08	-0.27	0.37	-0.11	0.16	0.0	0.29	0.42	0.28	0.29
Total Liab	0.66	0.37	0.39	0.09	0.66	0.86		0.32	0.77	-0.29	0.47	0.63	0.69	-0.61	-0.05	-0.17	0.04	-0.03	-0.04	-0.18	0.26	-0.02	0.09	-0.06	-0.01
Total Current Assets	0.85	0.94	-0.6	0.85	0.0	0.63	0.32		-0.19	0.64	0.86	-0.28	0.44	-0.21	0.88	0.66	-0.77	0.9	-0.04	0.58	-0.61	0.83	0.8	0.88	0.69
Short Term Debt	0.21	-0.11	0.68	-0.38	0.61	0.57	0.77	-0.19		-0.71	0.04	0.66	0.52	-0.55	-0.48	-0.51	0.34	-0.41	-0.27	-0.29	0.67	-0.44	-0.25	-0.5	-0.32
Short Term Investments	0.26	0.48	-0.75	0.78	-0.42	-0.07	-0.29	0.64	-0.71		0.36	-0.62	-0.22	0.4	0.79	0.66	-0.67	0.72	0.16	0.48	-0.65	0.84	0.56	0.87	0.74
Common Stock	0.96	0.96	-0.42	0.78	0.21	0.68	0.47	0.86	0.04	0.36		0.03	0.78	-0.64	0.62	0.58	-0.7	0.71	-0.34	0.54	-0.63	0.59	0.54	0.62	0.49
Long Term Debt	0.19	-0.07	0.82	-0.46	0.67	0.33	0.63	-0.28	0.66	-0.62	0.03		0.54	-0.6	-0.58	-0.57	0.66	-0.59	0.01	-0.51	0.47	-0.65	-0.63	-0.6	-0.66
Property Plant Equipment	0.81	0.65	0.09	0.31	0.59	0.72	0.69	0.44	0.52	-0.22	0.78	0.54		-0.92	0.12	0.1	-0.21	0.21	-0.46	0.3	-0.16	0.07	0.12	0.09	0.04
Current Deferred Revenue	-0.65	-0.47	-0.2	-0.14	-0.65	-0.55	-0.61	-0.21	-0.55	0.4	-0.64	-0.6	-0.92		0.14	-0.08	0.09	0.03	0.49	-0.13	0.13	0.18	0.12	0.18	0.2
Net Tangible Assets	0.56	0.75	-0.81	0.84	-0.25	0.3	-0.05	0.88	-0.48	0.79	0.62	-0.58	0.12	0.14		0.64	-0.79	0.95	0.11	0.73	-0.63	0.94	0.89	0.97	0.82
Total Permanent Equity	0.44	0.63	-0.8	0.82	-0.19	0.08	-0.17	0.66	-0.51	0.66	0.58	-0.57	0.1	-0.08	0.64		-0.8	0.67	-0.26	0.55	-0.79	0.67	0.54	0.67	0.56
Long Term Debt Total	-0.55	-0.7	0.87	-0.89	0.26	-0.27	0.04	-0.77	0.34	-0.67	-0.7	0.66	-0.21	0.09	-0.79	-0.8		-0.87	0.32	-0.74	0.74	-0.87	-0.8	-0.84	-0.85
Capital Surpluse	0.62	0.8	-0.78	0.82	-0.3	0.37	-0.03	0.9	-0.41	0.72	0.71	-0.59	0.21	0.03	0.95	0.67	-0.87		-0.1	0.73	-0.67	0.91	0.89	0.95	0.82
Deferred Long Term Liab	-0.2	-0.19	0.08	-0.13	-0.04	-0.11	-0.04	-0.04	-0.27	0.16	-0.34	0.01	-0.46	0.49	0.11	-0.26	0.32	-0.1		-0.3	0.13	0.0	0.03	0.04	-0.07
Long Term Investments	0.38	0.53	-0.78	0.71	-0.04	0.16	-0.18	0.58	-0.29	0.48	0.54	-0.51	0.3	-0.13	0.73	0.55	-0.74	0.73	-0.3		-0.55	0.71	0.66	0.7	0.74
Short Long Term Debt	-0.44	-0.65	0.79	-0.78	0.29	0.0	0.26	-0.61	0.67	-0.65	-0.63	0.47	-0.16	0.13	-0.63	-0.79	0.74	-0.67	0.13	-0.55		-0.64	-0.47	-0.66	-0.53
Net Invested Capital	0.51	0.66	-0.85	0.9	-0.3	0.29	-0.02	0.83	-0.44	0.84	0.59	-0.65	0.07	0.18	0.94	0.67	-0.87	0.91	0.0	0.71	-0.64		0.89	0.97	0.95
Cash And Equivalents	0.51	0.63	-0.75	0.72	-0.22	0.42	0.09	0.8	-0.25	0.56	0.54	-0.63	0.12	0.12	0.89	0.54	-0.8	0.89	0.03	0.66	-0.47	0.89		0.86	0.84
Net Working Capital	0.54	0.73	-0.82	0.88	-0.3	0.28	-0.06	0.88	-0.5	0.87	0.62	-0.6	0.09	0.18	0.97	0.67	-0.84	0.95	0.04	0.7	-0.66	0.97	0.86		0.88
Capital Stock	0.38	0.5	-0.81	0.82	-0.25	0.29	-0.01	0.69	-0.32	0.74	0.49	-0.66	0.04	0.2	0.82	0.56	-0.85	0.82	-0.07	0.74	-0.53	0.95	0.84	0.88

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

Predict Trio Tech

Based on the company's disclosures, Trio Tech International has a Z Score of 0.0. This is 100.0% lower than that of the Semiconductors & Semiconductor Equipment 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.

Trio Z Score Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Trio Tech's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Trio Tech could also be used in its relative valuation, which is a method of valuing Trio Tech by comparing valuation metrics of similar companies.

Trio Tech is currently under evaluation in z score category among its peers.

Trio Tech ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Trio Tech's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Trio Tech's managers, analysts, and investors.

Environmental

Governance

Social

Trio Fundamentals

	Return On Equity	0.0374
	Return On Asset	0.0168
	Profit Margin	0.02 %
	Operating Margin	0.03 %
	Current Valuation	13.47 M
	Shares Outstanding	4.25 M
	Shares Owned By Insiders	43.92 %
	Shares Owned By Institutions	16.88 %
	Number Of Shares Shorted	2.96 K
	Price To Earning	42.47 X
	Price To Book	0.80 X
	Price To Sales	0.62 X
	Revenue	42.31 M
	Gross Profit	11.71 M
	EBITDA	5.94 M
	Net Income	1.14 M
	Cash And Equivalents	7.58 M
	Cash Per Share	3.22 X
	Total Debt	2.85 M
	Debt To Equity	0.22 %
	Current Ratio	2.45 X
	Book Value Per Share	7.37 X
	Cash Flow From Operations	2.56 M
	Short Ratio	0.16 X
	Earnings Per Share	0.13 X
	Beta	1.03
	Market Capitalization	29.28 M
	Total Asset	42.54 M
	Retained Earnings	11.81 M
	Working Capital	22.76 M
	Current Asset	15.34 M
	Current Liabilities	8.86 M
	Net Asset	42.54 M

About Trio Tech Fundamental Analysis

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

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

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Trio Tech International Stock Z Score

Trio Tech International Company Z Score Analysis

Z Score

Sum Of

5 Factors

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 )

Trio Z Score Driver Correlations

Trio Z Score Peer Comparison

Trio Tech ESG Sustainability

Trio Fundamentals

About Trio Tech Fundamental Analysis

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for Trio Stock Analysis

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