Apple Probability Of Bankruptcy

The Macroaxis Equity Filters allow users to customize the simple screener criteria below or select from a set of available quick indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations. Please check also Equity Screeners to view more equity screening tools

Probability Of Bankruptcy Analysis

For stocks, Probability Of Bankruptcy is normalized value of Z-Score. For funds and ETFs it is derived from a multi-factor model developed by Macroaxis. The score is used to predict probability of a firm or a fund experiencing financial distress within next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100 indicating the actual probability the firm will be distressed in the next 2 fiscal years.
Apple 
Probability Of Bankruptcy 
 = 
Normalized 
 
Z-Score 
 = 
11 %

Distress Driver Correlations

About Probability Of Bankruptcy

Probability of Bankruptcy SHOULD NOT be confused with actual chance of a company to file for chapter 7, 11, 12 or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty to meet its current financial obligations towards its creditors or to deliver on the expectations of its investors. Macroaxis derives these conditions on a daily bases from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns including short term and long term historical volatility. Other factors taken into account include analysis of liquidity, revenues patterns, RND expenses, as well as public headlines and social sentiment.
Compare to competition

Apple Probability Of Bankruptcy Assessment

  Of Bankruptcy 
Benchmark  Embed   Apple Comparables 
Based on latest financial disclosure Apple Inc has Probability Of Bankruptcy of 11.0%. This is 69.29% lower than that of the Consumer Goods sector, and 62.56% lower than that of Electronic Equipment industry, The Probability Of Bankruptcy for all stocks is 71.44% higher than the company.
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Filter other Stocks by Probability Of Bankruptcy

Probability Of Bankruptcy Input Range 
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Found 8 equities by Probability Of Bankruptcy
AAPL NMSApple Inc
11 %
SNE NYQSony Corporation
26 %
PHG NYQKoninklijke Philips NV
33 %
HAR NYQHarman International Industries Incorporated
16 %
2457 TPEPHIHONG TECHNOLOGY TWD10
42 %
UEIC NMSUniversal Electronics Inc
1 %
KODK NYQEastman Kodak Co
49 %
WATT NCMEnergous Corporation
2 %
You can backtest this sub-set of assets as a synthetic portfolio or check its risk adjusted returns  
Peer Comparison
Apple Probability Of Bankruptcy Comparison
  Probability Of Bankruptcy 
Benchmark  Embed   Apple Comparables 
Apple is rated below average in probability of bankruptcy category among related companies.
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Return On Equity36.90 %
Return On Asset12.26 %
Profit Margin21.19 %
Operating Margin27.84 %
Current Valuation653.91 B
Shares Outstanding5.33 B
Shares Owned by Insiders0.03 %
Shares Owned by Institutions60.20 %
Number of Shares Shorted58.95 M
Price to Earning14.32 times
Price to Book4.96 times
Price to Sales2.95 times
Revenue215.64 B
Gross Profit84.26 B
EBITDA70.53 B
Net Income45.69 B
Cash and Equivalents67.88 B
Cash per Share12.73 times
Total Debt87.04 B
Debt to Equity0.68 times
Current Ratio1.35 times
Book Value Per Share24.03 times
Cash Flow from Operations65.82 B
Short Ratio1.45 times
One Year High119.93
One Year Low89.47
Earnings Per Share8.31 times
Price to Earnings To Growth1.10 times
Number of Employees116 K
Beta1.44
Market Capitalization634.76 B
Total Asset321.69 B
Retained Earnings96.36 B
Working Capital27.86 B
Current Asset106.87 B
Current Liabilities79.01 B
Z Score4.2
Last Dividend Paid0.57