Ganesh Housing Stock Z Score

GANESHHOUC   1,188  64.45  5.15%   
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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Ganesh Housing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
  
As of now, Ganesh Housing's Change In Working Capital is increasing as compared to previous years. The Ganesh Housing's current Capital Expenditures is estimated to increase to about 1.6 B, while Net Invested Capital is projected to decrease to under 9.8 B. As of now, Ganesh Housing's Gross Profit is increasing as compared to previous years. The Ganesh Housing's current Operating Income is estimated to increase to about 6.7 B, while Interest Expense is projected to decrease to under 35 M.

Ganesh Housing Company Z Score Analysis

Ganesh Housing'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 )

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

According to the company's disclosures, Ganesh Housing has a Z Score of 0.0. This is 100.0% lower than that of the Real Estate Management & Development sector and about the same as Real Estate (which currently averages 0.0) industry. The z score for all India stocks is 100.0% higher than that of the company.

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Ganesh Fundamentals

About Ganesh Housing Fundamental Analysis

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

Ganesh Housing financial ratios help investors to determine whether Ganesh Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ganesh with respect to the benefits of owning Ganesh Housing security.