Modern Technology Corp 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 Modern Technology Piotroski F Score and Modern Technology Valuation analysis.
The current year's Return On Capital Employed is expected to grow to 7.04, whereas Long Term Debt To Capitalization is projected to grow to (4.68). The current year's EBIT is expected to grow to about 120.8 K. The current year's Net Income Applicable To Common Shares is expected to grow to about 7 M
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Modern Technology Corp Company Z Score Analysis
Modern Technology'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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Modern Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for Modern Technology is extremely important. It helps to project a fair market value of Modern Stock properly, considering its historical fundamentals such as Z Score. Since Modern Technology'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 Modern Technology'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 Modern Technology'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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Based on the company's disclosures, Modern Technology Corp has a Z Score of 0.0. This is 100.0% lower than that of the Industrials sector and 100.0% lower than that of the Pollution & Treatment Controls industry. The z score for all United States stocks is 100.0% higher than that of the company.
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Modern Fundamentals
| Profit Margin | 0.20 % | ||||
| Operating Margin | (0.04) % | ||||
| Current Valuation | 963.81 K | ||||
| Shares Outstanding | 567.16 M | ||||
| Price To Sales | 0.0008 X | ||||
| Revenue | 28.66 M | ||||
| Gross Profit | 807.53 K | ||||
| Net Income | 5.77 M | ||||
| Cash And Equivalents | 9.45 K | ||||
| Total Debt | 903.53 K | ||||
| Debt To Equity | 0.88 % | ||||
| Current Ratio | 0.05 X | ||||
| Book Value Per Share | 0 X | ||||
| Earnings Per Share | 0.01 X | ||||
| Beta | 66.21 | ||||
| Market Capitalization | 22.68 K | ||||
| Retained Earnings | (4.49 M) |
About Modern Technology Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Modern Technology Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Modern Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Modern Technology 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.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Modern Technology Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Modern Technology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Modern Technology Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Modern Technology Corp Stock:Check out Modern Technology Piotroski F Score and Modern Technology Valuation analysis. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Pollution & Treatment Controls 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 Modern Technology. If investors know Modern 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 Modern Technology 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 Modern Technology Corp is measured differently than its book value, which is the value of Modern that is recorded on the company's balance sheet. Investors also form their own opinion of Modern Technology's value that differs from its market value or its book value, called intrinsic value, which is Modern Technology'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 Modern Technology's market value can be influenced by many factors that don't directly affect Modern Technology'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 Modern Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Modern Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Modern Technology'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.