Fintech Select Stock Probability Of Bankruptcy
| FTEC Stock | CAD 0.04 0.01 16.67% |
Fintech | Probability Of Bankruptcy |
Fintech Select Company odds of financial turmoil Analysis
Fintech Select'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.
More About Probability Of Bankruptcy | All Equity Analysis
Probability Of Bankruptcy | = | Normalized | | Z-Score |
Current Fintech Select Probability Of Bankruptcy | Less than 35% |
Most of Fintech Select'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, Fintech Select is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Fintech Select 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 Fintech Select 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 Fintech Select financial health.
Fintech Probability Of Bankruptcy Driver Correlations
Understanding the fundamental principles of building solid financial models for Fintech Select is extremely important. It helps to project a fair market value of Fintech Stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since Fintech Select'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 Fintech Select'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 Fintech Select's interrelated accounts and indicators.
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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 |
Based on the latest financial disclosure, Fintech Select has a Probability Of Bankruptcy of 35.0%. This is 13.49% lower than that of the Software sector and 6.61% higher than that of the Information Technology industry. The probability of bankruptcy for all Canada stocks is 12.13% higher than that of the company.
Fintech Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Fintech Select'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 Fintech Select could also be used in its relative valuation, which is a method of valuing Fintech Select by comparing valuation metrics of similar companies.Fintech Select is currently under evaluation in probability of bankruptcy category among its peers.
Fintech Select Main Bankruptcy Drivers
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Return On Assets | (0.21) | 0.32 | (0.0922) | 2.48 | 0.59 | 0.62 | |
| Asset Turnover | 2.76 | 2.28 | 2.27 | 5.36 | 6.88 | 5.47 | |
| Gross Profit Margin | 0.86 | 0.88 | 0.91 | 0.93 | 0.94 | 0.99 | |
| Net Debt | 540.7K | 398.1K | 236.4K | 499.8K | 74.1K | 70.4K | |
| Total Current Liabilities | 4.4M | 3.9M | 3.9M | 1.9M | 1.3M | 1.3M | |
| Total Assets | 1.2M | 1.3M | 1.2M | 483.0K | 555.2K | 527.5K | |
| Total Current Assets | 291.0K | 470.2K | 558.9K | 320.7K | 469.9K | 446.4K | |
| Total Cash From Operating Activities | 150.2K | 165.2K | 124.2K | (243.6K) | 434.9K | 456.7K |
Fintech Fundamentals
| Return On Asset | 0.21 | ||||
| Profit Margin | 0.10 % | ||||
| Operating Margin | 0.29 % | ||||
| Current Valuation | 2.49 M | ||||
| Shares Outstanding | 80.05 M | ||||
| Shares Owned By Insiders | 16.08 % | ||||
| Number Of Shares Shorted | 64.42 K | ||||
| Price To Earning | 3.33 X | ||||
| Price To Book | 66.99 X | ||||
| Price To Sales | 0.70 X | ||||
| Revenue | 3.82 M | ||||
| Gross Profit | 2.53 M | ||||
| EBITDA | 337.92 K | ||||
| Net Income | 329.21 K | ||||
| Cash And Equivalents | 28.58 K | ||||
| Total Debt | 89.16 K | ||||
| Current Ratio | 0.09 X | ||||
| Book Value Per Share | (0.01) X | ||||
| Cash Flow From Operations | 434.91 K | ||||
| Short Ratio | 0.27 X | ||||
| Earnings Per Share | 0.01 X | ||||
| Beta | 1.29 | ||||
| Market Capitalization | 2.8 M | ||||
| Total Asset | 555.25 K | ||||
| Retained Earnings | (26.34 M) | ||||
| Working Capital | (872.34 K) | ||||
| Net Asset | 555.25 K |
About Fintech Select Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Fintech Select's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Fintech Select using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Fintech Select 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 Fintech Stock Analysis
When running Fintech Select's price analysis, check to measure Fintech Select'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 Fintech Select is operating at the current time. Most of Fintech Select's value examination focuses on studying past and present price action to predict the probability of Fintech Select's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fintech Select's price. Additionally, you may evaluate how the addition of Fintech Select to your portfolios can decrease your overall portfolio volatility.