Nanthealth Probability Of Bankruptcy

NH
 Stock
  

USD 0.57  0.01  1.79%   

Nanthealth 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. Nanthealth Probability Of Bankruptcy is determined by interpolating and adjusting Nanthealth 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 Nanthealth balance sheet as well as cash flow and income statements available from the company's most recent filings. Additionally, see Nanthealth Piotroski F Score and Nanthealth Altman Z Score analysis.
  
Nanthealth Invested Capital is most likely to decrease significantly in the upcoming years. The last year's value of Invested Capital was reported at 114.78 Million. The current Invested Capital Average is estimated to increase to about 221.7 M, while Net Income Per Employee is projected to decrease to (439.1 K).

Nanthealth Probability Of Bankruptcy Analysis

Nanthealth'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 Expense18.04 M19.2 M22.08 M18.12 M
Gross Profit43.29 M43.95 M50.54 M47.2 M
Probability Of Bankruptcy 
 = 
Normalized 
 
Z-Score 
More About Probability Of Bankruptcy | All Equity Analysis

Current Nanthealth Probability Of Bankruptcy

    
  80%  
Most of Nanthealth'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, Nanthealth is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Nanthealth 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 Nanthealth 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 Nanthealth financial health.
Is Nanthealth'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 Nanthealth. If investors know Nanthealth 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 Nanthealth listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
64.6 M
Quarterly Revenue Growth YOY
0.025
Return On Assets
-0.15
The market value of Nanthealth is measured differently than its book value, which is the value of Nanthealth that is recorded on the company's balance sheet. Investors also form their own opinion of Nanthealth's value that differs from its market value or its book value, called intrinsic value, which is Nanthealth'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 Nanthealth's market value can be influenced by many factors that don't directly affect Nanthealth'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 Nanthealth's value and its price as these two are different measures arrived at by different means. Investors typically determine Nanthealth value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nanthealth'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.

Nanthealth Probability Of Bankruptcy Driver Correlations

Understanding the fundamental principles of building solid financial models for Nanthealth 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 Nanthealth'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 Nanthealth'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 Nanthealth'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, Nanthealth has a Probability Of Bankruptcy of 80%. This is 84.8% higher than that of the Healthcare sector and significantly higher than that of the Health Information Services industry. The probability of bankruptcy for all United States stocks is 100.85% lower than that of the firm.
Chance Of Financial Distress
Over 84
Nanthealth has more than 84 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Nanthealth stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info

Nanthealth Main Bankruptcy Drivers

201720182019202020212022 (projected)
Gross Margin40.327.9452.150.5245.4740.72
Total Debt195.46 M200.48 M216.14 M221.09 M254.26 M235.98 M
Total Liabilities60.91 M272.71 M255.89 M283.51 M255.16 M215.9 M
Current Liabilities43.24 M57.25 M35.86 M36.54 M42.02 M52.2 M
Total Assets411.95 M684.31 M449.19 M286.34 M329.29 M421.41 M
Current Assets33.03 M185.58 M81.89 M39.44 M45.36 M46.55 M
Net Cash Flow from Operations(75.75 M)(70.63 M)(81.15 M)(29.63 M)(26.67 M)(28.77 M)

Nanthealth Fundamentals

About Nanthealth Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Nanthealth's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nanthealth using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nanthealth 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.
NantHealth, Inc., together with its subsidiaries, operates as a healthcare IT company in the United States, Canada, and the United Kingdom. The company was incorporated in 2010 and is headquartered in Morrisville, North Carolina. Nanthealth operates under Health Information Services classification in the United States and is traded on NASDAQ Exchange. It employs 326 people.

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Our tools can tell you how much better you can do entering a position in Nanthealth 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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Additionally, see Nanthealth Piotroski F Score and Nanthealth Altman Z Score analysis. Note that the Nanthealth information on this page should be used as a complementary analysis to other Nanthealth'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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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When running Nanthealth price analysis, check to measure Nanthealth'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 Nanthealth is operating at the current time. Most of Nanthealth's value examination focuses on studying past and present price action to predict the probability of Nanthealth's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Nanthealth's price. Additionally, you may evaluate how the addition of Nanthealth to your portfolios can decrease your overall portfolio volatility.
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Is Nanthealth'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 Nanthealth. If investors know Nanthealth 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 Nanthealth listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
64.6 M
Quarterly Revenue Growth YOY
0.025
Return On Assets
-0.15
The market value of Nanthealth is measured differently than its book value, which is the value of Nanthealth that is recorded on the company's balance sheet. Investors also form their own opinion of Nanthealth's value that differs from its market value or its book value, called intrinsic value, which is Nanthealth'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 Nanthealth's market value can be influenced by many factors that don't directly affect Nanthealth'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 Nanthealth's value and its price as these two are different measures arrived at by different means. Investors typically determine Nanthealth value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nanthealth'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.