Xtreme Motorsports International Stock Z Score

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.

As per the company's disclosures, Xtreme Motorsports International has a Z Score of 0.0. This indicator is about the same for the Leisure Products average (which is currently at 0.0) sector and about the same as Consumer Discretionary (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).

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

Check out Xtreme Motorsports Piotroski F Score and Xtreme Motorsports Valuation analysis. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

Is Leisure Products 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 Xtreme Motorsports. If investors know Xtreme 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 Xtreme Motorsports 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 Xtreme Motorsports is measured differently than its book value, which is the value of Xtreme that is recorded on the company's balance sheet. Investors also form their own opinion of Xtreme Motorsports' value that differs from its market value or its book value, called intrinsic value, which is Xtreme Motorsports' 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 Xtreme Motorsports' market value can be influenced by many factors that don't directly affect Xtreme Motorsports' 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 Xtreme Motorsports' value and its price as these two are different measures arrived at by different means. Investors typically determine if Xtreme Motorsports is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Xtreme Motorsports' 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.