| HINDCOPPER | | | 271.50 8.15 2.91% |
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 Hindustan Copper Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
At this time, Hindustan Copper's
Net Working Capital is relatively stable compared to the past year. As of 12/22/2024,
Capital Lease Obligations is likely to grow to about 176.9
M, while
Net Invested Capital is likely to drop slightly above 19.1
B. At this time, Hindustan Copper's
Income Tax Expense is relatively stable compared to the past year. As of 12/22/2024,
Research Development is likely to grow to about 88.4
M, while
Selling And Marketing Expenses is likely to drop slightly above 13.3
M.
Hindustan Copper Limited Company Z Score Analysis
Hindustan Copper'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..
| 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.
According to the company's disclosures, Hindustan Copper Limited has a Z Score of 0.0. This is 100.0% lower than that of the Metals & Mining sector and 100.0% lower than that of the
Materials industry. The z score for all India stocks is 100.0% higher than that of the company.
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Hindustan Fundamentals
About Hindustan Copper Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Hindustan Copper Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hindustan Copper using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at
the intrinsic value of Hindustan Copper Limited 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.
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When running Hindustan Copper's price analysis, check to
measure Hindustan Copper'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 Hindustan Copper is operating at the current time. Most of Hindustan Copper's value examination focuses on studying past and present price action to
predict the probability of Hindustan Copper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hindustan Copper's price. Additionally, you may evaluate how the addition of Hindustan Copper to your portfolios can decrease your overall portfolio volatility.