Ss Innovations International Stock Z Score

SSII Stock   5.74  0.27  4.49%   
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 SS Innovations Piotroski F Score and SS Innovations Valuation analysis.
  
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As of now, SS Innovations' Total Debt To Capitalization is decreasing as compared to previous years. As of now, SS Innovations' Research Development is increasing as compared to previous years. The SS Innovations' current Depreciation And Amortization is estimated to increase to about 457.8 K, while Operating Income is forecasted to increase to (18 M).

SS Innovations International Company Z Score Analysis

SS Innovations' 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 )

SSII Z Score Driver Correlations

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

Based on the company's disclosures, SS Innovations International has a Z Score of 0.0. This indicator is about the same for the Health Care Equipment & Supplies average (which is currently at 0.0) sector and about the same as Health Care (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).

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SS Innovations 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, SS Innovations' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to SS Innovations' managers, analysts, and investors.
Environmental
Governance
Social

SSII Fundamentals

About SS Innovations Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze SS Innovations International's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SS Innovations using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SS Innovations International 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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When determining whether SS Innovations Inter offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SS Innovations' 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 Ss Innovations International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ss Innovations International Stock:
Check out SS Innovations Piotroski F Score and SS Innovations Valuation analysis.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Health Care Equipment & Supplies 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 SS Innovations. If investors know SSII 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 SS Innovations listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.06)
Revenue Per Share
0.196
Quarterly Revenue Growth
1.925
Return On Assets
(0.11)
Return On Equity
(0.43)
The market value of SS Innovations Inter is measured differently than its book value, which is the value of SSII that is recorded on the company's balance sheet. Investors also form their own opinion of SS Innovations' value that differs from its market value or its book value, called intrinsic value, which is SS Innovations' 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 SS Innovations' market value can be influenced by many factors that don't directly affect SS Innovations' 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 SS Innovations' value and its price as these two are different measures arrived at by different means. Investors typically determine if SS Innovations is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SS Innovations' 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.