Antero Resources Corp Stock Probability Of Bankruptcy

AR Stock  USD 29.00  0.28  0.97%   
Antero Resources' probability of distress is under 31% at this time. It has slight risk of undergoing some form of financial hardship in the near future. Antero Resources' Probability Of Bankruptcy is determined by interpolating and adjusting Antero Altman Z Score to account for off-balance-sheet items and missing or unfiled public information. All items used in analyzing the odds of distress are taken from the Antero balance sheet, as well as cash flow and income statements available from the company's most recent filings. Check out Antero Resources Piotroski F Score and Antero Resources Altman Z Score analysis.
  

Antero Probability Of Bankruptcy Analysis

Antero Resources' Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
 2021 2022 2023 2024 (projected)
Dividend Yield0.02550.01230.01840.0175
Price To Sales Ratio0.931.231.511.43

Probability Of Bankruptcy

 = 

Normalized

Z-Score

More About Probability Of Bankruptcy | All Equity Analysis

Current Antero Resources Probability Of Bankruptcy

    
  Less than 31%  
Most of Antero Resources' fundamental indicators, such as Probability Of Bankruptcy, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Antero Resources Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Antero Resources probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting Antero Resources odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of Antero Resources Corp financial health.
Is Antero Resources' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Antero Resources. If investors know Antero will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Antero Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.87)
Earnings Share
0.78
Revenue Per Share
14.961
Quarterly Revenue Growth
(0.39)
Return On Assets
0.0228
The market value of Antero Resources Corp is measured differently than its book value, which is the value of Antero that is recorded on the company's balance sheet. Investors also form their own opinion of Antero Resources' value that differs from its market value or its book value, called intrinsic value, which is Antero Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Antero Resources' market value can be influenced by many factors that don't directly affect Antero Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Antero Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Antero Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Antero Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Antero Probability Of Bankruptcy Driver Correlations

Understanding the fundamental principles of building solid financial models for Antero Resources is extremely important. It helps to project a fair market value of Antero Stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since Antero Resources' 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 Antero Resources' 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 Antero Resources' interrelated accounts and indicators.
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Click cells to compare fundamentals
The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company 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 both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
Competition

Based on the latest financial disclosure, Antero Resources Corp has a Probability Of Bankruptcy of 31.0%. This is 35.71% lower than that of the Oil, Gas & Consumable Fuels sector and 36.31% lower than that of the Energy industry. The probability of bankruptcy for all United States stocks is 22.17% higher than that of the company.

Antero Probability Of Bankruptcy Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Antero Resources' direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Antero Resources could also be used in its relative valuation, which is a method of valuing Antero Resources by comparing valuation metrics of similar companies.
Antero Resources is currently under evaluation in probability of bankruptcy category among related companies.

Antero Resources Main Bankruptcy Drivers

201920202021202220232024 (projected)
Return On Assets(0.0193)(0.0958)(0.0111)0.130.01640.0107
Gross Profit Margin0.0866(0.17)0.390.560.140.25
Net Debt9.5B8.2B9.0B8.1B4.5B5.7B
Total Current Liabilities1.0B983.1M2.1B1.8B1.5B1.1B
Non Current Liabilities Total7.2B6.1B5.8B5.3B6.2B5.5B
Total Assets15.2B13.2B13.9B14.1B14.8B13.2B
Total Current Assets922.9M574.1M686.1M787.5M475.7M755.7M
Total Cash From Operating Activities1.1B735.6M1.7B3.1B994.7M1.3B

Antero Resources ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Antero Resources' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Antero Resources' managers, analysts, and investors.
Environment Score
Governance Score
Social Score

Antero Fundamentals

About Antero Resources Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Antero Resources Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Antero Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Antero Resources Corp 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.
Antero Resources Corporation, an independent oil and natural gas company, acquires, explores for, develops, and produces natural gas, natural gas liquids, and oil properties in the United States. Antero Resources Corporation was founded in 2002 and is headquartered in Denver, Colorado. Antero Resources operates under Oil Gas EP classification in the United States and is traded on New York Stock Exchange. It employs 554 people.

Pair Trading with Antero Resources

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Antero Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Antero Resources will appreciate offsetting losses from the drop in the long position's value.

Moving together with Antero Stock

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Moving against Antero Stock

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The ability to find closely correlated positions to Antero Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Antero Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Antero Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Antero Resources Corp to buy it.
The correlation of Antero Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Antero Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Antero Resources Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Antero Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Antero Resources Corp is a strong investment it is important to analyze Antero Resources' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Antero Resources' future performance. For an informed investment choice regarding Antero Stock, refer to the following important reports:
Check out Antero Resources Piotroski F Score and Antero Resources Altman Z Score analysis.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

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Is Antero Resources' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Antero Resources. If investors know Antero will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Antero Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.87)
Earnings Share
0.78
Revenue Per Share
14.961
Quarterly Revenue Growth
(0.39)
Return On Assets
0.0228
The market value of Antero Resources Corp is measured differently than its book value, which is the value of Antero that is recorded on the company's balance sheet. Investors also form their own opinion of Antero Resources' value that differs from its market value or its book value, called intrinsic value, which is Antero Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Antero Resources' market value can be influenced by many factors that don't directly affect Antero Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Antero Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Antero Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Antero Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.