Ava Risk Group Stock Probability Of Bankruptcy

AVA Stock   0.13  0.01  7.14%   
Ava Risk's odds of distress is under 25% at this time. It has slight probability of undergoing some form of financial straits in the near future. Probability of financial unrest prediction helps decision makers evaluate Ava Risk's chance of financial distress in relation to its going-concern outlook and evaluation. All items used in analyzing the odds of distress are taken from the Ava balance sheet, as well as cash flow and income statements available from the company's most recent filings. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ava Risk Group. 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.
  

Ava Risk Group Company probability of financial unrest Analysis

Ava Risk'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 Ava Risk Probability Of Bankruptcy

    
  Less than 25%  
Most of Ava Risk'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, Ava Risk Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Ava Risk 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 Ava Risk 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 Ava Risk Group financial health.
Please note, there is a significant difference between Ava Risk's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ava Risk is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ava Risk'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.
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, Ava Risk Group has a Probability Of Bankruptcy of 25.0%. This is much higher than that of the Electronic Equipment, Instruments & Components sector and significantly higher than that of the Information Technology industry. The probability of bankruptcy for all Australia stocks is notably lower than that of the firm.

Ava Probability Of Bankruptcy Peer Comparison

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

Ava Risk Main Bankruptcy Drivers

201920202021202220232024 (projected)
Net Debt(7.0M)(16.9M)(14.9M)(2.7M)(2.1M)(2.2M)
Total Current Liabilities7.5M10.6M4.0M6.5M6.9M5.1M
Non Current Liabilities Total762K599.0K472K1.3M1.2M1.3M
Total Assets33.7M43.3M30.4M37.1M36.1M27.7M
Total Current Assets20.3M31.6M23.6M22.0M21.4M21.1M
Total Cash From Operating Activities6.0M17.6M2.5M(2.2M)(535K)(508.3K)

Ava Fundamentals

About Ava Risk Fundamental Analysis

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

Thematic Opportunities

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Additional Tools for Ava Stock Analysis

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