Issuer Direct Corp Stock Z Score

ISDR Stock

USD 9.77 0.02 0.21%

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 Issuer Direct Piotroski F Score and Issuer Direct Valuation analysis.

At this time, Issuer Direct's Capital Surpluse is relatively stable compared to the past year. As of 11/22/2024, Capital Lease Obligations is likely to grow to about 1.3 M, though Net Working Capital is likely to grow to (1.1 M). At this time, Issuer Direct's EBIT is relatively stable compared to the past year. As of 11/22/2024, Research Development is likely to grow to about 2.7 M, while Net Income is likely to drop slightly above 432.2 K.

Issuer Direct Corp Company Z Score Analysis

Issuer Direct'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..

Z Score

Sum Of

5 Factors

More About Z Score | All Equity Analysis

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Issuer Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Issuer Direct is extremely important. It helps to project a fair market value of Issuer Stock properly, considering its historical fundamentals such as Z Score. Since Issuer Direct'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 Issuer Direct'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 Issuer Direct's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Good Will	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Long Term Debt	Property Plant Equipment	Net Tangible Assets	Capital Surpluse	Current Deferred Revenue	Deferred Long Term Liab	Long Term Debt Total	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.95	0.42	0.93	0.86	0.87	0.97	0.92	0.45	0.62	0.9	-0.23	0.89	0.47	-0.51	0.9	0.98	-0.08	-0.72	0.54	0.94	-0.33	-0.65
Total Stockholder Equity	0.95		0.11	0.91	0.7	0.79	0.84	0.75	0.7	0.44	0.71	-0.29	0.9	0.61	-0.21	0.99	0.88	-0.12	-0.79	0.58	0.86	-0.03	-0.53
Net Debt	0.42	0.11		0.29	0.67	0.41	0.64	0.73	-0.61	0.62	0.77	0.09	0.19	-0.36	-0.99	0.01	0.53	0.03	0.03	-0.1	0.46	-0.91	-0.57
Retained Earnings	0.93	0.91	0.29		0.71	0.74	0.88	0.81	0.51	0.52	0.8	-0.54	0.85	0.57	-0.39	0.87	0.93	-0.02	-0.63	0.57	0.86	-0.22	-0.59
Accounts Payable	0.86	0.7	0.67	0.71		0.86	0.91	0.93	0.1	0.66	0.91	0.1	0.65	0.25	-0.72	0.61	0.88	-0.07	-0.42	0.37	0.82	-0.57	-0.67
Net Receivables	0.87	0.79	0.41	0.74	0.86		0.84	0.83	0.35	0.36	0.78	0.06	0.8	0.46	-0.51	0.73	0.87	0.09	-0.55	0.4	0.76	-0.19	-0.74
Good Will	0.97	0.84	0.64	0.88	0.91	0.84		0.98	0.21	0.69	0.98	-0.2	0.8	0.28	-0.71	0.77	0.98	-0.07	-0.59	0.42	0.93	-0.53	-0.72
Total Liab	0.92	0.75	0.73	0.81	0.93	0.83	0.98		0.1	0.74	0.99	-0.12	0.76	0.24	-0.79	0.67	0.96	-0.02	-0.54	0.41	0.9	-0.63	-0.71
Total Current Assets	0.45	0.7	-0.61	0.51	0.1	0.35	0.21	0.1		-0.02	0.02	-0.22	0.6	0.81	0.52	0.75	0.34	-0.12	-0.69	0.62	0.41	0.59	0.06
Short Term Debt	0.62	0.44	0.62	0.52	0.66	0.36	0.69	0.74	-0.02		0.73	-0.08	0.43	0.1	-0.59	0.36	0.65	-0.07	-0.35	0.52	0.71	-0.8	-0.13
Intangible Assets	0.9	0.71	0.77	0.8	0.91	0.78	0.98	0.99	0.02	0.73		-0.18	0.68	0.12	-0.83	0.64	0.93	0.0	-0.46	0.3	0.87	-0.67	-0.72
Common Stock	-0.23	-0.29	0.09	-0.54	0.1	0.06	-0.2	-0.12	-0.22	-0.08	-0.18		-0.2	-0.2	-0.01	-0.33	-0.25	-0.22	0.08	-0.12	-0.19	-0.02	0.09
Long Term Debt	0.89	0.9	0.19	0.85	0.65	0.8	0.8	0.76	0.6	0.43	0.68	-0.2		0.68	-0.26	0.86	0.87	-0.17	-0.78	0.64	0.83	-0.07	-0.54
Property Plant Equipment	0.47	0.61	-0.36	0.57	0.25	0.46	0.28	0.24	0.81	0.1	0.12	-0.2	0.68		0.3	0.59	0.45	-0.09	-0.59	0.7	0.46	0.37	-0.03
Net Tangible Assets	-0.51	-0.21	-0.99	-0.39	-0.72	-0.51	-0.71	-0.79	0.52	-0.59	-0.83	-0.01	-0.26	0.3		-0.12	-0.61	-0.07	0.03	0.08	-0.53	0.86	0.65
Capital Surpluse	0.9	0.99	0.01	0.87	0.61	0.73	0.77	0.67	0.75	0.36	0.64	-0.33	0.86	0.59	-0.12		0.82	-0.12	-0.78	0.52	0.81	0.06	-0.49
Current Deferred Revenue	0.98	0.88	0.53	0.93	0.88	0.87	0.98	0.96	0.34	0.65	0.93	-0.25	0.87	0.45	-0.61	0.82		-0.02	-0.64	0.53	0.93	-0.42	-0.69
Deferred Long Term Liab	-0.08	-0.12	0.03	-0.02	-0.07	0.09	-0.07	-0.02	-0.12	-0.07	0.0	-0.22	-0.17	-0.09	-0.07	-0.12	-0.02		0.13	-0.14	-0.14	-0.02	-0.01
Long Term Debt Total	-0.72	-0.79	0.03	-0.63	-0.42	-0.55	-0.59	-0.54	-0.69	-0.35	-0.46	0.08	-0.78	-0.59	0.03	-0.78	-0.64	0.13		-0.57	-0.77	-0.11	0.27
Short Long Term Debt	0.54	0.58	-0.1	0.57	0.37	0.4	0.42	0.41	0.62	0.52	0.3	-0.12	0.64	0.7	0.08	0.52	0.53	-0.14	-0.57		0.57	-0.02	0.03
Net Invested Capital	0.94	0.86	0.46	0.86	0.82	0.76	0.93	0.9	0.41	0.71	0.87	-0.19	0.83	0.46	-0.53	0.81	0.93	-0.14	-0.77	0.57		-0.41	-0.48
Net Working Capital	-0.33	-0.03	-0.91	-0.22	-0.57	-0.19	-0.53	-0.63	0.59	-0.8	-0.67	-0.02	-0.07	0.37	0.86	0.06	-0.42	-0.02	-0.11	-0.02	-0.41		0.25
Capital Stock	-0.65	-0.53	-0.57	-0.59	-0.67	-0.74	-0.72	-0.71	0.06	-0.13	-0.72	0.09	-0.54	-0.03	0.65	-0.49	-0.69	-0.01	0.27	0.03	-0.48	0.25

Click cells to compare fundamentals

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.

Competition

Predict Issuer Direct

According to the company's disclosures, Issuer Direct Corp 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.

Issuer Z Score Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Issuer Direct'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 Issuer Direct could also be used in its relative valuation, which is a method of valuing Issuer Direct by comparing valuation metrics of similar companies.

Issuer Direct is currently under evaluation in z score category among its peers.

Issuer Direct 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, Issuer Direct's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Issuer Direct's managers, analysts, and investors.

Environmental

Governance

Social

Issuer Fundamentals

	Return On Equity	-0.0373
	Return On Asset	0.0059
	Profit Margin	(0.05) %
	Operating Margin	0.03 %
	Current Valuation	50.64 M
	Shares Outstanding	3.83 M
	Shares Owned By Insiders	21.53 %
	Shares Owned By Institutions	42.80 %
	Number Of Shares Shorted	5.7 K
	Price To Earning	49.11 X
	Price To Book	1.06 X
	Price To Sales	1.28 X
	Revenue	33.38 M
	Gross Profit	17.83 M
	EBITDA	6.32 M
	Net Income	766 K
	Cash And Equivalents	21.46 M
	Cash Per Share	5.94 X
	Total Debt	20.92 M
	Debt To Equity	0.06 %
	Current Ratio	4.31 X
	Book Value Per Share	9.20 X
	Cash Flow From Operations	3.06 M
	Short Ratio	0.60 X
	Earnings Per Share	(0.35) X
	Target Price	13.0
	Number Of Employees	136
	Beta	0.77
	Market Capitalization	37.38 M
	Total Asset	65.15 M
	Retained Earnings	11.93 M
	Working Capital	(1.15 M)
	Current Asset	5.72 M
	Current Liabilities	2.4 M
	Net Asset	65.15 M

About Issuer Direct Fundamental Analysis

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

Pair Trading with Issuer Direct

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 Issuer Direct 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 Issuer Direct will appreciate offsetting losses from the drop in the long position's value.

Moving against Issuer Stock

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0.49	DOMO	Domo Inc Earnings Call This Week	Pair Corr
0.39	AI	C3 Ai Inc Trending	Pair Corr
0.36	WK	Workiva	Pair Corr
0.35	AZ	A2Z Smart Technologies	Pair Corr

The ability to find closely correlated positions to Issuer Direct could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Issuer Direct 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 Issuer Direct - 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 Issuer Direct Corp to buy it.

The correlation of Issuer Direct 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 Issuer Direct moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Issuer Direct 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 Issuer Direct 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 Correlation Correlation Matching

Additional Tools for Issuer Stock Analysis

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

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Issuer Direct Corp Stock Z Score

Issuer Direct Corp Company Z Score Analysis

Z Score

Sum Of

5 Factors

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Issuer Z Score Driver Correlations

Issuer Z Score Peer Comparison

Issuer Direct ESG Sustainability

Issuer Fundamentals

About Issuer Direct Fundamental Analysis

Pair Trading with Issuer Direct

Moving against Issuer Stock

Additional Tools for Issuer Stock Analysis

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