Versus Systems Stock Z Score
VS Stock | USD 1.53 0.06 3.77% |
Versus | Z Score |
Versus Systems Company Z Score Analysis
Versus Systems' 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..
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Versus Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for Versus Systems is extremely important. It helps to project a fair market value of Versus Stock properly, considering its historical fundamentals such as Z Score. Since Versus Systems' 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 Versus Systems' 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 Versus Systems' interrelated accounts and indicators.
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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.
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As per the company's disclosures, Versus Systems has a Z Score of 0.0. This is 100.0% lower than that of the Software sector and about the same as Information Technology (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.
Versus Systems Current Valuation Drivers
We derive many important indicators used in calculating different scores of Versus Systems from analyzing Versus Systems' financial statements. These drivers represent accounts that assess Versus Systems' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Versus Systems' important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 308.0M | 329.8M | 2.5B | 806.3K | 2.8M | 2.6M | |
Enterprise Value | 310.5M | 334.3M | 2.5B | 2.4M | (1.9M) | (1.8M) |
Versus Systems Institutional Holders
Institutional Holdings refers to the ownership stake in Versus Systems that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Versus Systems' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Versus Systems' value.Shares | Citadel Advisors Llc | 2024-09-30 | 11 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 7.1 K | Bank Of America Corp | 2024-06-30 | 40.0 |
Versus Fundamentals
Return On Equity | -2.2 | ||||
Return On Asset | -0.66 | ||||
Operating Margin | (44.35) % | ||||
Current Valuation | 3.99 M | ||||
Shares Outstanding | 2.75 M | ||||
Shares Owned By Insiders | 38.93 % | ||||
Shares Owned By Institutions | 5.40 % | ||||
Number Of Shares Shorted | 26.55 K | ||||
Price To Book | 0.49 X | ||||
Price To Sales | 39.48 X | ||||
Revenue | 271.17 K | ||||
Gross Profit | 29.45 K | ||||
EBITDA | (8.04 M) | ||||
Net Income | (10.51 M) | ||||
Cash And Equivalents | 1.89 M | ||||
Cash Per Share | 0.09 X | ||||
Total Debt | 321.48 K | ||||
Debt To Equity | 0.19 % | ||||
Current Ratio | 0.85 X | ||||
Book Value Per Share | 4.77 X | ||||
Cash Flow From Operations | (5.52 M) | ||||
Short Ratio | 0.01 X | ||||
Earnings Per Share | (4.67) X | ||||
Target Price | 4.15 | ||||
Beta | 1.87 | ||||
Market Capitalization | 4.37 M | ||||
Total Asset | 4.88 M | ||||
Retained Earnings | (135.43 M) | ||||
Working Capital | 4.55 M | ||||
Net Asset | 4.88 M |
About Versus Systems Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Versus Systems's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Versus Systems using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Versus Systems 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 Versus Stock Analysis
When running Versus Systems' price analysis, check to measure Versus Systems' 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 Versus Systems is operating at the current time. Most of Versus Systems' value examination focuses on studying past and present price action to predict the probability of Versus Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Versus Systems' price. Additionally, you may evaluate how the addition of Versus Systems to your portfolios can decrease your overall portfolio volatility.