| SANDHAR Stock | | | 513.85 9.50 1.82% |
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
World Market Map to better understand how to build diversified portfolios, which includes a position in Sandhar Technologies 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 rate.
As of 12/26/2024,
Capital Surpluse is likely to drop to about 2.6
B. In addition to that,
Capital Lease Obligations is likely to drop to about 848.1
M. At this time, Sandhar Technologies'
Interest Expense is relatively stable compared to the past year. As of 12/26/2024,
Gross Profit is likely to grow to about 6.5
B, while
Selling General Administrative is likely to drop slightly above 210.1
M.
Sandhar Technologies Limited Company Z Score Analysis
Sandhar Technologies' 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.
Based on the company's disclosures, Sandhar Technologies Limited has a Z Score of 0.0. This indicator is about the same for the Automobile Components average (which is currently at 0.0) sector and about the same as
Consumer Discretionary (which currently averages 0.0) industry. This indicator is about the same for all India stocks average (which is currently at 0.0).
| | My Watchlist AnalysisAnalyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like |
Sandhar Fundamentals
About Sandhar Technologies Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Sandhar Technologies Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sandhar Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at
the intrinsic value of Sandhar Technologies 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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Sandhar Stock Analysis
When running Sandhar Technologies' price analysis, check to
measure Sandhar Technologies' 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 Sandhar Technologies is operating at the current time. Most of Sandhar Technologies' value examination focuses on studying past and present price action to
predict the probability of Sandhar Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sandhar Technologies' price. Additionally, you may evaluate how the addition of Sandhar Technologies to your portfolios can decrease your overall portfolio volatility.