GTY Technology Probability Of Bankruptcy

GTYH
 Stock
  

USD 6.30  0.00  0.00%   

GTY Technology Holdings 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. GTY Technology Holdings Probability Of Bankruptcy is determined by interpolating and adjusting GTY Technology 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 GTY Technology balance sheet as well as cash flow and income statements available from the company's most recent filings. Please check Risk vs Return Analysis.
  

GTY Technology Probability Of Bankruptcy Analysis

GTY Technology'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.
Probability Of Bankruptcy 
 = 
Normalized 
 
Z-Score 
More About Probability Of Bankruptcy | All Equity Analysis

Current GTY Technology Probability Of Bankruptcy

    
  9%  
Most of GTY Technology'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, GTY Technology Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of GTY Technology 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 GTY Technology 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 GTY Technology Holdings financial health.
Is GTY Technology'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 GTY Technology. If investors know GTY Technology 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 GTY Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of GTY Technology Holdings is measured differently than its book value, which is the value of GTY Technology that is recorded on the company's balance sheet. Investors also form their own opinion of GTY Technology's value that differs from its market value or its book value, called intrinsic value, which is GTY Technology'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 GTY Technology's market value can be influenced by many factors that don't directly affect GTY Technology'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 GTY Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine GTY Technology value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GTY Technology'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.
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, GTY Technology Holdings has a Probability Of Bankruptcy of 9.0%. This is 77.76% 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 77.4% higher than that of the company.

GTY Technology Probability Of Bankruptcy Peer Comparison

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

GTY Technology Fundamentals

About GTY Technology Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze GTY Technology Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of GTY Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of GTY Technology Holdings 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.
GTY Technology Holdings Inc. operates as a software-as-a-service company that offers a cloud-based suite of solutions for the public sector in North America. As of July 7, 2022, GTY Technology Holdings Inc. was taken private. GTY Technology operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 5 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in GTY Technology without increasing your portfolio risk or giving up the 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.

Did you try this?

Run Equity Analysis Now

   

Equity Analysis

Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
All  Next Launch Module

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as GTY Technology Holdings using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please check Risk vs Return Analysis. You can also try Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

Other Tools for GTY Technology Stock

When running GTY Technology Holdings price analysis, check to measure GTY Technology'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 GTY Technology is operating at the current time. Most of GTY Technology's value examination focuses on studying past and present price action to predict the probability of GTY Technology's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move GTY Technology's price. Additionally, you may evaluate how the addition of GTY Technology to your portfolios can decrease your overall portfolio volatility.
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Go
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Go
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Go
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Go
Analyst Recommendations
Analyst recommendations and target price estimates broken down by several categories
Go
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Go