Ynvisible Interactive Stock Z Score

YNV Stock  CAD 0.14  0.02  16.67%   
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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Ynvisible Interactive. 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.
  
Capital Lease Obligations is likely to climb to about 465.5 K in 2024, whereas Net Invested Capital is likely to drop slightly above 7.4 M in 2024. At this time, Ynvisible Interactive's Net Interest Income is fairly stable compared to the past year. Interest Expense is likely to climb to about 13.4 K in 2024, whereas Operating Income is likely to drop (5.8 M) in 2024.

Ynvisible Interactive Company Z Score Analysis

Ynvisible Interactive'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

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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 )

Ynvisible Z Score Driver Correlations

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

As per the company's disclosures, Ynvisible Interactive 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 Canada stocks is 100.0% higher than that of the company.

Ynvisible Interactive Current Valuation Drivers

We derive many important indicators used in calculating different scores of Ynvisible Interactive from analyzing Ynvisible Interactive's financial statements. These drivers represent accounts that assess Ynvisible Interactive's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Ynvisible Interactive's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap16.0M53.5M31.3M9.4M10.0M5.7M
Enterprise Value14.9M52.4M15.6M(2.2M)3.0M4.4M

Ynvisible Fundamentals

About Ynvisible Interactive Fundamental Analysis

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

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