China Cable And Stock Z Score
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 China Cable Piotroski F Score and China Cable Valuation analysis.
As of now, China Cable's Total Debt To Capitalization is increasing as compared to previous years. The China Cable's current Return On Capital Employed is estimated to increase to 0.22, while Capital Expenditures is projected to decrease to under 1.9 M. As of now, China Cable's Cost Of Revenue is increasing as compared to previous years. The China Cable's current Total Operating Expenses is estimated to increase to about 12.2 M, while Operating Income is projected to decrease to (5.2 M).
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China Cable and Company Z Score Analysis
China Cable'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..
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China Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for China Cable is extremely important. It helps to project a fair market value of China Stock properly, considering its historical fundamentals such as Z Score. Since China Cable'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 China Cable'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 China Cable's 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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In accordance with the company's disclosures, China Cable and has a Z Score of 0.0. This is 100.0% lower than that of the Communication Services sector and about the same as Entertainment (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.
China Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses China Cable's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of China Cable could also be used in its relative valuation, which is a method of valuing China Cable by comparing valuation metrics of similar companies.China Cable is currently under evaluation in z score category among its peers.
China Fundamentals
| Return On Equity | -0.3 | ||||
| Return On Asset | -0.11 | ||||
| Profit Margin | (0.77) % | ||||
| Operating Margin | (0.14) % | ||||
| Current Valuation | 2.11 M | ||||
| Price To Book | 0.96 X | ||||
| Price To Sales | 0.43 X | ||||
| Revenue | 4.65 M | ||||
| Gross Profit | 3.26 M | ||||
| EBITDA | (2.02 M) | ||||
| Net Income | (6.79 M) | ||||
| Cash And Equivalents | 199.99 K | ||||
| Total Debt | 45.09 K | ||||
| Current Ratio | 0.12 X | ||||
| Book Value Per Share | 0.03 X | ||||
| Cash Flow From Operations | 2.59 M | ||||
| Beta | 21.46 | ||||
| Market Capitalization | 2.31 M | ||||
| Total Asset | 19.38 M | ||||
| Retained Earnings | (18.8 M) | ||||
| Working Capital | (9 M) | ||||
| Current Asset | 1000 K | ||||
| Current Liabilities | 10 M | ||||
| Net Asset | 19.38 M |
About China Cable Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze China Cable and's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of China Cable using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of China Cable and 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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Check out China Cable Piotroski F Score and China Cable Valuation analysis. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Entertainment space 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 China Cable. If investors know China 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 China Cable listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of China Cable is measured differently than its book value, which is the value of China that is recorded on the company's balance sheet. Investors also form their own opinion of China Cable's value that differs from its market value or its book value, called intrinsic value, which is China Cable's 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 China Cable's market value can be influenced by many factors that don't directly affect China Cable's 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 China Cable's value and its price as these two are different measures arrived at by different means. Investors typically determine if China Cable is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, China Cable's 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.