17 Education Technology Stock Z Score

Understanding the fundamental principles of building solid financial models for 17 Education is extremely important. It helps to project a fair market value of 17 Education Stock properly, considering its historical fundamentals such as Z Score. Since 17 Education'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 17 Education'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 17 Education'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.

As per the company's disclosures, 17 Education Technology has a Z Score of 0.0. This is 100.0% lower than that of the Interactive Media & Services sector and 100.0% lower than that of the Communication Services industry. The z score for all United States stocks is 100.0% higher than that of the company.

We derive many important indicators used in calculating different scores of 17 Education from analyzing 17 Education's financial statements. These drivers represent accounts that assess 17 Education's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of 17 Education's important valuation drivers and their relationship over time.

The Macroaxis Fundamental Analysis modules help investors analyze 17 Education Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of 17 Education using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of 17 Education Technology 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.

When running 17 Education's price analysis, check to measure 17 Education'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 17 Education is operating at the current time. Most of 17 Education's value examination focuses on studying past and present price action to predict the probability of 17 Education's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 17 Education's price. Additionally, you may evaluate how the addition of 17 Education to your portfolios can decrease your overall portfolio volatility.