PRGX Global Financials

Based on the analysis of PRGX Global's profitability, liquidity, and operating efficiency, PRGX Global is not in a good financial situation at the moment. It has a very high risk of going through financial straits in April.
With this module, you can analyze PRGX financials for your investing period. You should be able to track the changes in PRGX Global individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past PRGX Global Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of PRGX Global's financial statements are interrelated, with each one affecting the others. For example, an increase in PRGX Global's assets may result in an increase in income on the income statement.
Evaluating PRGX Global's financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of PRGX Global's profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the PRGX Global's relative financial performance

Chance Of Distress

Over 100

 
100  
 
Zero
Dangerous
PRGX Global has more than 100 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for PRGX Global stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, PRGX Global's odds of distress score SHOULD NOT be confused with the real chance of PRGX Global filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as PRGX is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include PRGX Global's liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
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The data published in PRGX Global's official financial statements usually reflect PRGX Global's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of PRGX Global. For example, before you start analyzing numbers published by PRGX accountants, it's critical to develop an understanding of what PRGX Global's liquidity, profitability, and earnings quality are in the context of the Industrials space in which it operates.
Please note, the presentation of PRGX Global's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, PRGX Global's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in PRGX Global's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of PRGX Global. Please utilize our Beneish M Score to check the likelihood of PRGX Global's management manipulating its earnings.

PRGX Global Company Summary

PRGX Global competes with Eastman Chemical, Luxfer Holdings, CDW Corp, Valhi, and NL Industries. PRGX Global, Inc., together with its subsidiaries, provides recovery audit services to businesses having payment transactions and procurement environments worldwide. PRGX Global, Inc. was founded in 1970 and is based in Atlanta, Georgia. Prgx Global operates under Specialty Business Services classification in the United States and is traded on NASDAQ Exchange. It employs 1500 people.
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS69357C5031
Business Address600 Galleria Parkway,
SectorIndustrials
IndustrySpecialty Business Services
BenchmarkNYSE Composite
Websitewww.prgx.com
Phone770 779 3900
CurrencyUSD - US Dollar
You should never invest in PRGX Global without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of PRGX Stock, because this is throwing your money away. Analyzing the key information contained in PRGX Global's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

PRGX Global Key Financial Ratios

Generally speaking, PRGX Global's financial ratios allow both analysts and investors to convert raw data from PRGX Global's financial statements into concise, actionable information that can be used to evaluate the performance of PRGX Global over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that PRGX Global reports annually and quarterly.

PRGX Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining PRGX Global's current stock value. Our valuation model uses many indicators to compare PRGX Global value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across PRGX Global competition to find correlations between indicators driving PRGX Global's intrinsic value. More Info.
PRGX Global is rated top company in total debt category among related companies. It is considered to be number one stock in cash and equivalents category among related companies creating about  0.55  of Cash And Equivalents per Total Debt. The ratio of Total Debt to Cash And Equivalents for PRGX Global is roughly  1.82 . Comparative valuation analysis is a catch-all model that can be used if you cannot value PRGX Global by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for PRGX Global's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the PRGX Global's earnings, one of the primary drivers of an investment's value.
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Note that the PRGX Global information on this page should be used as a complementary analysis to other PRGX Global's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.

Other Consideration for investing in PRGX Stock

If you are still planning to invest in PRGX Global check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the PRGX Global's history and understand the potential risks before investing.
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