Wallbridge Mining Stock Z Score

WM Stock  CAD 0.10  0.01  9.09%   
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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wallbridge Mining. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
  
At this time, Wallbridge Mining's Net Working Capital is very stable compared to the past year. As of the 24th of May 2024, Change In Working Capital is likely to grow to about 1.1 M, while Capital Surpluse is likely to drop about 10.4 M. At this time, Wallbridge Mining's Net Interest Income is very stable compared to the past year.

Wallbridge Mining Company Z Score Analysis

Wallbridge Mining'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..

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 )

Wallbridge Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Wallbridge Mining is extremely important. It helps to project a fair market value of Wallbridge Stock properly, considering its historical fundamentals such as Z Score. Since Wallbridge Mining'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 Wallbridge Mining'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 Wallbridge Mining's 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

As per the company's disclosures, Wallbridge Mining has a Z Score of 0.0. This is 100.0% lower than that of the Metals & Mining sector and about the same as Materials (which currently averages 0.0) industry. The z score for all Canada stocks is 100.0% higher than that of the company.

Wallbridge Mining Current Valuation Drivers

We derive many important indicators used in calculating different scores of Wallbridge Mining from analyzing Wallbridge Mining's financial statements. These drivers represent accounts that assess Wallbridge Mining's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Wallbridge Mining's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap52.8M424.8M615.1M157.1M94.2M58.7M
Enterprise Value57.2M368.6M530.3M133.5M64.4M50.8M

Wallbridge Fundamentals

About Wallbridge Mining Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Wallbridge Mining's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Wallbridge Mining using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Wallbridge Mining 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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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wallbridge Mining. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

Complementary Tools for Wallbridge Stock analysis

When running Wallbridge Mining's price analysis, check to measure Wallbridge Mining's 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 Wallbridge Mining is operating at the current time. Most of Wallbridge Mining's value examination focuses on studying past and present price action to predict the probability of Wallbridge Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wallbridge Mining's price. Additionally, you may evaluate how the addition of Wallbridge Mining to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Wallbridge Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wallbridge Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wallbridge Mining'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.