Goosehead Probability Of Bankruptcy

GSHD
 Stock
  

USD 40.86  0.46  1.14%   

Goosehead Insurance Probability Of Bankruptcy is used to show its chance of financial distress over the next two years of operations under current economic and market conditions. Goosehead Insurance Probability Of Bankruptcy is determined by interpolating and adjusting Goosehead Altman Z Score to account for off-balance-sheet items and missing or unfiled public information. All items used in analyzing the odds of distress are taken from the Goosehead balance sheet as well as cash flow and income statements available from the company's most recent filings. Please check Goosehead Insurance Piotroski F Score and Goosehead Insurance Altman Z Score analysis.
  
Goosehead Insurance Revenue Per Employee is projected to decrease significantly based on the last few years of reporting. The past year's Revenue Per Employee was at 117,844. The current year Average Assets is expected to grow to about 255 M, whereas Earnings before Tax are forecasted to decline to about 3.1 M.

Goosehead Probability Of Bankruptcy Analysis

Goosehead Insurance's 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.
 2019 2020 2021 2022 (projected)
Interest Expense2.39 M2.31 M2.85 M2.92 M
Gross Profit35.77 M50.2 M58.27 M47.68 M
Probability Of Bankruptcy 
 = 
Normalized 
 
Z-Score 
More About Probability Of Bankruptcy | All Equity Analysis

Current Goosehead Insurance Probability Of Bankruptcy

    
  24%  
Most of Goosehead Insurance's 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, Goosehead Insurance is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Goosehead Insurance 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 Goosehead Insurance 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 Goosehead Insurance financial health.
Is Goosehead Insurance's 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 Goosehead Insurance. If investors know Goosehead 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 Goosehead Insurance 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 YOY
(0.53) 
Market Capitalization
1.6 B
Quarterly Revenue Growth YOY
0.39
Return On Assets
0.0091
The market value of Goosehead Insurance is measured differently than its book value, which is the value of Goosehead that is recorded on the company's balance sheet. Investors also form their own opinion of Goosehead Insurance's value that differs from its market value or its book value, called intrinsic value, which is Goosehead Insurance's 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 Goosehead Insurance's market value can be influenced by many factors that don't directly affect Goosehead Insurance's 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 Goosehead Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine Goosehead Insurance value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Goosehead Insurance'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.

Goosehead Probability Of Bankruptcy Driver Correlations

Understanding the fundamental principles of building solid financial models for Goosehead Insurance is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since Goosehead Insurance'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 Goosehead Insurance'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 Goosehead Insurance's interrelated accounts and indicators.
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.
Compare to competition

Based on the latest financial disclosure, Goosehead Insurance has a Probability Of Bankruptcy of 24.0%. This is 51.93% lower than that of the Insurance sector and significantly higher than that of the Financials industry. The probability of bankruptcy for all United States stocks is 39.74% higher than that of the company.

Goosehead Probability Of Bankruptcy Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Goosehead Insurance's 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 Goosehead Insurance could also be used in its relative valuation, which is a method of valuing Goosehead Insurance by comparing valuation metrics of similar companies.
Goosehead Insurance is currently under evaluation in probability of bankruptcy category among related companies.

Goosehead Insurance Main Bankruptcy Drivers

201720182019202020212022 (projected)
Total Debt48.66 M48.45 M46.16 M119.04 M174.96 M188.78 M
Total Liabilities57.84 M(47.8 M)73.64 M190.71 M281.82 M304.07 M
Current Liabilities5.77 M7.81 M13.41 M20.36 M27.78 M22.2 M
Total Assets16.71 M34.8 M64.63 M185.84 M267.8 M288.94 M
Current Assets7.72 M22.84 M26.73 M50.65 M47.81 M40.78 M
Net Cash Flow from Operations13.54 M10.28 M21.24 M24.64 M35.44 M38.24 M

Goosehead Fundamentals

About Goosehead Insurance Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Goosehead Insurance's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Goosehead Insurance using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Goosehead Insurance 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.
Goosehead Insurance, Inc. operates as a holding company for Goosehead Financial, LLC that provides personal lines insurance agency services in the United States. Goosehead Insurance, Inc. was founded in 2003 and is headquartered in Westlake, Texas. Goosehead Insurance operates under InsuranceDiversified classification in the United States and is traded on NASDAQ Exchange. It employs 1238 people.

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Please check Goosehead Insurance Piotroski F Score and Goosehead Insurance Altman Z Score analysis. Note that the Goosehead Insurance information on this page should be used as a complementary analysis to other Goosehead Insurance's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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Is Goosehead Insurance's 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 Goosehead Insurance. If investors know Goosehead 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 Goosehead Insurance 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 YOY
(0.53) 
Market Capitalization
1.6 B
Quarterly Revenue Growth YOY
0.39
Return On Assets
0.0091
The market value of Goosehead Insurance is measured differently than its book value, which is the value of Goosehead that is recorded on the company's balance sheet. Investors also form their own opinion of Goosehead Insurance's value that differs from its market value or its book value, called intrinsic value, which is Goosehead Insurance's 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 Goosehead Insurance's market value can be influenced by many factors that don't directly affect Goosehead Insurance's 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 Goosehead Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine Goosehead Insurance value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Goosehead Insurance'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.