Jerash Holdings Us Stock Probability Of Bankruptcy
JRSH Stock | USD 3.06 0.03 0.99% |
Jerash | Probability Of Bankruptcy |
Jerash Probability Of Bankruptcy Analysis
Jerash Holdings' Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the 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 the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
More About Probability Of Bankruptcy | All Equity Analysis
2021 | 2022 | 2023 | 2024 (projected) | Capital Expenditures | 5.1M | 5.8M | 6.7M | 7.0M | Dividends Paid | 2.4M | 2.5M | 2.2M | 2.5M |
Probability Of Bankruptcy | = | Normalized | | Z-Score |
Current Jerash Holdings Probability Of Bankruptcy | Less than 8% |
Most of Jerash Holdings' fundamental indicators, such as Probability Of Bankruptcy, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Jerash Holdings US is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Jerash Holdings probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting Jerash Holdings odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of Jerash Holdings US financial health.
Is Jerash Holdings' industry 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 Jerash Holdings. If investors know Jerash 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 Jerash Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.74) | Dividend Share 0.2 | Earnings Share (0.07) | Revenue Per Share 9.516 | Quarterly Revenue Growth (0.36) |
The market value of Jerash Holdings US is measured differently than its book value, which is the value of Jerash that is recorded on the company's balance sheet. Investors also form their own opinion of Jerash Holdings' value that differs from its market value or its book value, called intrinsic value, which is Jerash Holdings' 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 Jerash Holdings' market value can be influenced by many factors that don't directly affect Jerash Holdings' 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 Jerash Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Jerash Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jerash Holdings' 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.
Jerash Probability Of Bankruptcy Driver Correlations
Understanding the fundamental principles of building solid financial models for Jerash Holdings is extremely important. It helps to project a fair market value of Jerash Stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since Jerash Holdings' 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 Jerash Holdings' 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 Jerash Holdings' interrelated accounts and indicators.
Click cells to compare fundamentals
The Probability of Bankruptcy SHOULD NOT be confused with the 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 meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily 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, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
Competition |
Based on the latest financial disclosure, Jerash Holdings US has a Probability Of Bankruptcy of 8.0%. This is 80.67% lower than that of the Textiles, Apparel & Luxury Goods sector and 69.71% lower than that of the Consumer Discretionary industry. The probability of bankruptcy for all United States stocks is 79.91% higher than that of the company.
Jerash Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Jerash Holdings' direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Jerash Holdings could also be used in its relative valuation, which is a method of valuing Jerash Holdings by comparing valuation metrics of similar companies.Jerash Holdings is currently under evaluation in probability of bankruptcy category among related companies.
Jerash Holdings Main Bankruptcy Drivers
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Return On Assets | 0.096 | 0.0567 | 0.0928 | 0.0289 | 0.0332 | 0.0316 | |
Asset Turnover | 1.38 | 1.23 | 1.68 | 1.65 | 1.9 | 1.84 | |
Net Debt | (25.3M) | (19.2M) | (23.6M) | (17.0M) | (15.3M) | (16.1M) | |
Total Current Liabilities | 10.9M | 14.5M | 14.1M | 14.4M | 16.6M | 12.5M | |
Non Current Liabilities Total | 1.9M | 2.0M | 1.9M | 1.0M | 934.8K | 888.1K | |
Total Assets | 67.5M | 73.3M | 85.3M | 83.7M | 96.3M | 60.1M | |
Total Current Assets | 59.0M | 64.7M | 69.9M | 57.3M | 65.9M | 50.3M | |
Total Cash From Operating Activities | 6.9M | (1.5M) | 9.0M | 10.8M | 12.4M | 6.5M |
Jerash Fundamentals
Return On Equity | -0.0128 | ||||
Return On Asset | 0.0039 | ||||
Profit Margin | (0.01) % | ||||
Operating Margin | 0.01 % | ||||
Current Valuation | 18.42 M | ||||
Shares Outstanding | 12.29 M | ||||
Shares Owned By Insiders | 50.86 % | ||||
Shares Owned By Institutions | 3.45 % | ||||
Number Of Shares Shorted | 3.91 K | ||||
Price To Earning | 18.26 X | ||||
Price To Book | 0.55 X | ||||
Price To Sales | 0.31 X | ||||
Revenue | 138.06 M | ||||
Gross Profit | 27.33 M | ||||
EBITDA | 8.27 M | ||||
Net Income | 2.42 M | ||||
Cash And Equivalents | 23.26 M | ||||
Cash Per Share | 1.86 X | ||||
Total Debt | 768.75 K | ||||
Debt To Equity | 0.04 % | ||||
Current Ratio | 4.97 X | ||||
Book Value Per Share | 5.54 X | ||||
Cash Flow From Operations | 10.81 M | ||||
Short Ratio | 0.26 X | ||||
Earnings Per Share | (0.07) X | ||||
Target Price | 4.5 | ||||
Number Of Employees | 5.5 K | ||||
Beta | 0.8 | ||||
Market Capitalization | 37.56 M | ||||
Total Asset | 83.72 M | ||||
Retained Earnings | 46.17 M | ||||
Working Capital | 42.84 M | ||||
Current Asset | 37.74 M | ||||
Current Liabilities | 9.8 M | ||||
Z Score | 32.68 | ||||
Annual Yield | 0.07 % | ||||
Net Asset | 83.72 M | ||||
Last Dividend Paid | 0.2 |
About Jerash Holdings Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Jerash Holdings US's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Jerash Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Jerash Holdings US 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.Jerash Holdings , Inc., through its subsidiaries, manufactures and exports customized and readymade sport and outerwear. The company was incorporated in 2016 and is headquartered in Fairfield, New Jersey. Jerash Holdings operates under Apparel Manufacturing classification in the United States and is traded on NASDAQ Exchange. It employs 5600 people.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Jerash Holdings Piotroski F Score and Jerash Holdings Altman Z Score analysis. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Complementary Tools for Jerash Stock analysis
When running Jerash Holdings' price analysis, check to measure Jerash Holdings' 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 Jerash Holdings is operating at the current time. Most of Jerash Holdings' value examination focuses on studying past and present price action to predict the probability of Jerash Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jerash Holdings' price. Additionally, you may evaluate how the addition of Jerash Holdings to your portfolios can decrease your overall portfolio volatility.
Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
Global Correlations Find global opportunities by holding instruments from different markets | |
Content Syndication Quickly integrate customizable finance content to your own investment portal | |
Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio |
Is Jerash Holdings' industry 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 Jerash Holdings. If investors know Jerash 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 Jerash Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.74) | Dividend Share 0.2 | Earnings Share (0.07) | Revenue Per Share 9.516 | Quarterly Revenue Growth (0.36) |
The market value of Jerash Holdings US is measured differently than its book value, which is the value of Jerash that is recorded on the company's balance sheet. Investors also form their own opinion of Jerash Holdings' value that differs from its market value or its book value, called intrinsic value, which is Jerash Holdings' 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 Jerash Holdings' market value can be influenced by many factors that don't directly affect Jerash Holdings' 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 Jerash Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Jerash Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jerash Holdings' 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.