Olympic Steel Stock Probability Of Bankruptcy

ZEUS Stock

USD 32.53 0.12 0.37%

Olympic Steel's risk of distress is under 8% at this time. It has tiny likelihood of undergoing some form of financial straits in the near future. Olympic Steel's Probability of financial unrest is determined by interpolating and adjusting Olympic 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 Olympic balance sheet, as well as cash flow and income statements available from the company's most recent filings. Check out Olympic Steel Piotroski F Score and Olympic Steel Altman Z Score analysis.

For more information on how to buy Olympic Stock please use our How to Invest in Olympic Steel guide.

Market Cap is likely to drop to about 138.6 M in 2025

Olympic Steel Company probability of financial unrest Analysis

Olympic Steel'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

Normalized

Z-Score

More About Probability Of Bankruptcy | All Equity Analysis

Current Olympic Steel Probability Of Bankruptcy

Less than 8%

Most of Olympic Steel'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, Olympic Steel is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Our calculation of Olympic Steel 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 Olympic Steel 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 Olympic Steel financial health.

Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Olympic Steel. If investors know Olympic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Olympic Steel listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.78)

Dividend Share

0.575

Earnings Share

2.23

Revenue Per Share

172.703

Quarterly Revenue Growth

(0.11)

The market value of Olympic Steel is measured differently than its book value, which is the value of Olympic that is recorded on the company's balance sheet. Investors also form their own opinion of Olympic Steel's value that differs from its market value or its book value, called intrinsic value, which is Olympic Steel's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Olympic Steel's market value can be influenced by many factors that don't directly affect Olympic Steel's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Olympic Steel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Olympic Steel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Olympic Steel'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.

Olympic Probability Of Bankruptcy Driver Correlations

Understanding the fundamental principles of building solid financial models for Olympic Steel is extremely important. It helps to project a fair market value of Olympic Stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since Olympic Steel'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 Olympic Steel'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 Olympic Steel'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	Intangible Assets	Good Will	Common Stock	Long Term Debt	Property Plant Equipment	Current Deferred Revenue	Net Tangible Assets	Total Permanent Equity	Long Term Debt Total	Deferred Long Term Liab	Treasury Stock	Accumulated Depreciation	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.48	0.8	0.7	0.77	0.86	0.89	0.93	0.09	0.43	0.23	0.78	0.74	0.27	-0.69	0.77	0.34	0.14	-0.44	-0.05	-0.53	-0.45	0.73	0.66	0.23
Total Stockholder Equity	0.48		0.25	0.1	0.64	0.62	0.45	0.58	0.06	-0.32	-0.46	0.08	0.2	0.06	-0.35	0.23	0.07	-0.07	-0.24	-0.1	-0.33	-0.16	0.05	0.22	-0.34
Net Debt	0.8	0.25		0.32	0.69	0.73	0.95	0.8	0.35	0.17	0.03	0.54	0.97	0.36	-0.57	0.39	0.13	0.57	-0.24	0.18	-0.25	-0.25	0.49	0.53	-0.03
Retained Earnings	0.7	0.1	0.32		0.39	0.56	0.42	0.62	-0.09	0.86	0.63	0.73	0.32	-0.05	-0.43	0.84	0.56	-0.06	-0.43	-0.2	-0.64	-0.6	0.88	0.74	0.83
Accounts Payable	0.77	0.64	0.69	0.39		0.75	0.87	0.79	0.07	0.1	0.05	0.33	0.68	0.4	-0.59	0.33	0.0	0.4	-0.38	0.16	-0.28	-0.14	0.34	0.46	0.0
Net Receivables	0.86	0.62	0.73	0.56	0.75		0.81	0.97	0.16	0.15	-0.14	0.58	0.66	-0.08	-0.49	0.69	0.46	0.29	-0.51	-0.16	-0.67	-0.59	0.66	0.79	0.14
Total Liab	0.89	0.45	0.95	0.42	0.87	0.81		0.88	0.22	0.19	0.07	0.55	0.92	0.42	-0.66	0.45	0.11	0.48	-0.31	0.16	-0.31	-0.23	0.5	0.55	0.0
Total Current Assets	0.93	0.58	0.8	0.62	0.79	0.97	0.88		0.19	0.24	-0.01	0.64	0.75	0.07	-0.58	0.72	0.39	0.31	-0.47	-0.08	-0.6	-0.52	0.71	0.79	0.17
Short Term Debt	0.09	0.06	0.35	-0.09	0.07	0.16	0.22	0.19		-0.12	-0.26	0.04	0.42	0.01	-0.08	-0.07	0.14	0.46	-0.15	0.17	-0.09	-0.2	0.09	0.21	-0.14
Intangible Assets	0.43	-0.32	0.17	0.86	0.1	0.15	0.19	0.24	-0.12		0.87	0.61	0.19	0.02	-0.27	0.61	0.4	-0.09	-0.24	-0.1	-0.38	-0.4	0.73	0.44	0.89
Good Will	0.23	-0.46	0.03	0.63	0.05	-0.14	0.07	-0.01	-0.26	0.87		0.38	0.08	0.27	-0.2	0.33	0.08	-0.1	-0.01	0.03	0.03	-0.03	0.47	0.18	0.73
Common Stock	0.78	0.08	0.54	0.73	0.33	0.58	0.55	0.64	0.04	0.61	0.38		0.52	0.12	-0.74	0.78	0.69	-0.22	-0.59	-0.43	-0.72	-0.69	0.7	0.49	0.43
Long Term Debt	0.74	0.2	0.97	0.32	0.68	0.66	0.92	0.75	0.42	0.19	0.08	0.52		0.41	-0.62	0.29	0.14	0.61	-0.22	0.16	-0.23	-0.24	0.44	0.5	0.02
Property Plant Equipment	0.27	0.06	0.36	-0.05	0.4	-0.08	0.42	0.07	0.01	0.02	0.27	0.12	0.41		-0.59	-0.24	-0.46	0.07	0.18	0.33	0.38	0.48	-0.25	-0.3	-0.23
Current Deferred Revenue	-0.69	-0.35	-0.57	-0.43	-0.59	-0.49	-0.66	-0.58	-0.08	-0.27	-0.2	-0.74	-0.62	-0.59		-0.31	-0.37	0.13	0.44	0.31	0.45	0.35	-0.24	-0.18	-0.09
Net Tangible Assets	0.77	0.23	0.39	0.84	0.33	0.69	0.45	0.72	-0.07	0.61	0.33	0.78	0.29	-0.24	-0.31		0.59	-0.17	-0.47	-0.28	-0.68	-0.65	0.91	0.75	0.52
Total Permanent Equity	0.34	0.07	0.13	0.56	0.0	0.46	0.11	0.39	0.14	0.4	0.08	0.69	0.14	-0.46	-0.37	0.59		-0.27	-0.63	-0.77	-0.89	-0.94	0.57	0.51	0.49
Long Term Debt Total	0.14	-0.07	0.57	-0.06	0.4	0.29	0.48	0.31	0.46	-0.09	-0.1	-0.22	0.61	0.07	0.13	-0.17	-0.27		0.04	0.56	0.18	0.13	0.15	0.39	-0.03
Deferred Long Term Liab	-0.44	-0.24	-0.24	-0.43	-0.38	-0.51	-0.31	-0.47	-0.15	-0.24	-0.01	-0.59	-0.22	0.18	0.44	-0.47	-0.63	0.04		0.31	0.75	0.71	-0.4	-0.37	-0.24
Treasury Stock	-0.05	-0.1	0.18	-0.2	0.16	-0.16	0.16	-0.08	0.17	-0.1	0.03	-0.43	0.16	0.33	0.31	-0.28	-0.77	0.56	0.31		0.59	0.55	-0.18	-0.15	-0.18
Accumulated Depreciation	-0.53	-0.33	-0.25	-0.64	-0.28	-0.67	-0.31	-0.6	-0.09	-0.38	0.03	-0.72	-0.23	0.38	0.45	-0.68	-0.89	0.18	0.75	0.59		0.91	-0.61	-0.59	-0.47
Short Long Term Debt	-0.45	-0.16	-0.25	-0.6	-0.14	-0.59	-0.23	-0.52	-0.2	-0.4	-0.03	-0.69	-0.24	0.48	0.35	-0.65	-0.94	0.13	0.71	0.55	0.91		-0.63	-0.58	-0.49
Net Invested Capital	0.73	0.05	0.49	0.88	0.34	0.66	0.5	0.71	0.09	0.73	0.47	0.7	0.44	-0.25	-0.24	0.91	0.57	0.15	-0.4	-0.18	-0.61	-0.63		0.89	0.68
Net Working Capital	0.66	0.22	0.53	0.74	0.46	0.79	0.55	0.79	0.21	0.44	0.18	0.49	0.5	-0.3	-0.18	0.75	0.51	0.39	-0.37	-0.15	-0.59	-0.58	0.89		0.54
Capital Stock	0.23	-0.34	-0.03	0.83	0.0	0.14	0.0	0.17	-0.14	0.89	0.73	0.43	0.02	-0.23	-0.09	0.52	0.49	-0.03	-0.24	-0.18	-0.47	-0.49	0.68	0.54

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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

Predict Olympic Steel

Based on the latest financial disclosure, Olympic Steel has a Probability Of Bankruptcy of 8.0%. This is 81.96% lower than that of the Metals & Mining sector and 82.16% lower than that of the Materials industry. The probability of bankruptcy for all United States stocks is 79.91% higher than that of the company.

Olympic Probability Of Bankruptcy Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Olympic Steel'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 Olympic Steel could also be used in its relative valuation, which is a method of valuing Olympic Steel by comparing valuation metrics of similar companies.

Olympic Steel is currently under evaluation in probability of bankruptcy category among its peers.

Olympic Steel Main Bankruptcy Drivers

	2020	2021	2022	2023	2024	2025 (projected)
Return On Assets	(0.008734)	0.12	0.1	0.0452	0.022	0.0178
Asset Turnover	1.93	2.26	2.87	2.19	1.86	2.4
Net Debt	180.6M	346.0M	182.2M	215.2M	298.4M	150.4M
Total Current Liabilities	126.7M	224.3M	164.7M	180.2M	132.6M	104.3M
Non Current Liabilities Total	212.9M	374.8M	211.0M	249.1M	337.9M	171.9M
Total Assets	640.6M	1.0B	891.6M	984.8M	1.0B	553.5M
Total Current Assets	402.2M	789.4M	658.1M	603.2M	580.6M	361.3M
Total Cash From Operating Activities	61.7M	(146.4M)	185.9M	175.2M	33.7M	27.4M

Olympic Steel 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, Olympic Steel's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Olympic Steel's managers, analysts, and investors.

Environmental

Governance

Social

Olympic Fundamentals

	Return On Equity	0.0473
	Return On Asset	0.0347
	Profit Margin	0.01 %
	Operating Margin	0.02 %
	Current Valuation	660.6 M
	Shares Outstanding	11.13 M
	Shares Owned By Insiders	12.03 %
	Shares Owned By Institutions	80.00 %
	Number Of Shares Shorted	284.66 K
	Price To Earning	1.85 X
	Price To Book	0.63 X
	Price To Sales	0.19 X
	Revenue	1.94 B
	Gross Profit	486.06 M
	EBITDA	47.86 M
	Net Income	22.98 M
	Cash And Equivalents	8.45 M
	Cash Per Share	0.76 X
	Total Debt	310.27 M
	Debt To Equity	0.64 %
	Current Ratio	3.49 X
	Book Value Per Share	51.26 X
	Cash Flow From Operations	33.68 M
	Short Ratio	3.49 X
	Earnings Per Share	2.23 X
	Price To Earnings To Growth	0.46 X
	Target Price	50.5
	Number Of Employees	2.16 K
	Beta	1.47
	Market Capitalization	452.54 M
	Total Asset	1.04 B
	Retained Earnings	435.2 M
	Working Capital	447.95 M
	Current Asset	308.95 M
	Current Liabilities	77.06 M
	Annual Yield	0.01 %
	Five Year Return	0.52 %
	Net Asset	1.04 B
	Last Dividend Paid	0.57

About Olympic Steel Fundamental Analysis

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

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

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Olympic Steel Stock Probability Of Bankruptcy

Olympic Steel Company probability of financial unrest Analysis

Probability Of Bankruptcy

Normalized

Z-Score

Current Olympic Steel Probability Of Bankruptcy

Olympic Probability Of Bankruptcy Driver Correlations

Olympic Probability Of Bankruptcy Peer Comparison

Olympic Steel Main Bankruptcy Drivers

Olympic Steel ESG Sustainability

Olympic Fundamentals

About Olympic Steel Fundamental Analysis

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for Olympic Stock Analysis

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