Sarama Resource Stock Z Score

SWA Stock  CAD 0.03  0.01  14.29%   
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 Sarama Resource. 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.
  
At this time, Sarama Resource's Net Invested Capital is fairly stable compared to the past year. Change In Working Capital is likely to climb to about 606.3 K in 2024, whereas Capital Stock is likely to drop slightly above 58.2 M in 2024. At this time, Sarama Resource's Selling General Administrative is fairly stable compared to the past year. Selling And Marketing Expenses is likely to climb to about 194.1 K in 2024, despite the fact that Gross Profit is likely to grow to (4.5 K).

Sarama Resource Company Z Score Analysis

Sarama Resource'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 )

Sarama Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Sarama Resource is extremely important. It helps to project a fair market value of Sarama Stock properly, considering its historical fundamentals such as Z Score. Since Sarama Resource'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 Sarama Resource'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 Sarama Resource's interrelated accounts and indicators.
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

Based on the company's disclosures, Sarama Resource 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 Canada stocks is 100.0% higher than that of the company.

Sarama Resource Current Valuation Drivers

We derive many important indicators used in calculating different scores of Sarama Resource from analyzing Sarama Resource's financial statements. These drivers represent accounts that assess Sarama Resource's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Sarama Resource's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap4.1M20.9M12.3M12.1M10.9M5.7M
Enterprise Value1.9M19.3M11.5M11.3M10.2M10.7M

Sarama Fundamentals

About Sarama Resource Fundamental Analysis

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

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Sarama Stock Analysis

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