Black Probability Of Bankruptcy

BKI
 Stock
  

USD 66.18  0.79  1.21%   

Black Knight 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. Black Knight Probability Of Bankruptcy is determined by interpolating and adjusting Black 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 Black balance sheet as well as cash flow and income statements available from the company's most recent filings. Continue to Black Knight Piotroski F Score and Black Knight Altman Z Score analysis.
  
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The current Average Assets is estimated to decrease to about 5.8 B. The current Earnings Before Interest Taxes and Depreciation Amortization EBITDA is estimated to decrease to about 626.2 M

Black Probability Of Bankruptcy Analysis

Black Knight'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 Expense63.5 M62.9 M83.6 M75.86 M
Gross Profit1.18 B1.24 B1.48 B1.42 B
Probability Of Bankruptcy 
 = 
Normalized 
 
Z-Score 
More About Probability Of Bankruptcy | All Equity Analysis

Current Black Knight Probability Of Bankruptcy

    
  17%  
Most of Black Knight'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, Black Knight is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Black Knight 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 Black Knight 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 Black Knight financial health.
Is Black Knight'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 Black Knight. If investors know Black 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 Black Knight 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
5.76
Market Capitalization
10.3 B
Quarterly Revenue Growth YOY
0.11
Return On Assets
0.0341
Return On Equity
0.17
The market value of Black Knight is measured differently than its book value, which is the value of Black that is recorded on the company's balance sheet. Investors also form their own opinion of Black Knight's value that differs from its market value or its book value, called intrinsic value, which is Black Knight'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 Black Knight's market value can be influenced by many factors that don't directly affect Black Knight'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 Black Knight's value and its price as these two are different measures arrived at by different means. Investors typically determine Black Knight value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Black Knight'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.

Black Probability Of Bankruptcy Driver Correlations

Understanding the fundamental principles of building solid financial models for Black Knight 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 Black Knight'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 Black Knight'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 Black Knight'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, Black Knight has a Probability Of Bankruptcy of 17.0%. This is 57.98% lower than that of the Technology sector and significantly higher than that of the Software—Application industry. The probability of bankruptcy for all United States stocks is 57.32% higher than that of the company.

Black Probability Of Bankruptcy Peer Comparison

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

Black Knight Main Bankruptcy Drivers

201720182019202020212022 (projected)
Return on Average Assets0.0490.0460.0270.0510.0330.0358
Total Debt1.43 B1.34 B1.54 B2.19 B2.4 B2.29 B
Total Liabilities1.95 B1.87 B2.06 B2.88 B3.07 B2.91 B
Current Liabilities231.6 M239 M260.8 M291.3 M264.8 M276.55 M
Total Assets3.66 B3.65 B3.96 B6.09 B6.35 B5.86 B
Current Assets280.7 M266.1 M255.5 M287.3 M352.1 M356.98 M
Net Cash Flow from Operations351.1 M435.5 M378.3 M415.4 M449.9 M426.65 M
Weighted Average Shares88.7 M147.6 M147.7 M152 M155.1 M151.85 M
Weighted Average Shares Diluted152.4 M148.2 M148.6 M152.9 M155.8 M155.92 M

Black Fundamentals

About Black Knight Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Black Knight's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Black Knight using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Black Knight 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.
Black Knight, Inc. provides integrated software, data, and analytics solutions in North America and Internationally. Black Knight, Inc. was founded in 2013 and is headquartered in Jacksonville, Florida. Black Knight operates under SoftwareApplication classification in the United States and is traded on New York Stock Exchange. It employs 6400 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Black Knight without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Black Knight

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Black Knight position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Black Knight will appreciate offsetting losses from the drop in the long position's value.

Black Knight Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Black Knight could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Black Knight when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Black Knight - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Black Knight to buy it.
The correlation of Black Knight is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Black Knight moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Black Knight moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Black Knight can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to Black Knight Piotroski F Score and Black Knight Altman Z Score analysis. Note that the Black Knight information on this page should be used as a complementary analysis to other Black Knight'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 Bond Directory module to find actively traded corporate debentures issued by US companies.

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When running Black Knight price analysis, check to measure Black Knight'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 Black Knight is operating at the current time. Most of Black Knight's value examination focuses on studying past and present price action to predict the probability of Black Knight's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Black Knight's price. Additionally, you may evaluate how the addition of Black Knight to your portfolios can decrease your overall portfolio volatility.
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Is Black Knight'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 Black Knight. If investors know Black 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 Black Knight 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
5.76
Market Capitalization
10.3 B
Quarterly Revenue Growth YOY
0.11
Return On Assets
0.0341
Return On Equity
0.17
The market value of Black Knight is measured differently than its book value, which is the value of Black that is recorded on the company's balance sheet. Investors also form their own opinion of Black Knight's value that differs from its market value or its book value, called intrinsic value, which is Black Knight'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 Black Knight's market value can be influenced by many factors that don't directly affect Black Knight'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 Black Knight's value and its price as these two are different measures arrived at by different means. Investors typically determine Black Knight value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Black Knight'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.