QUALITAU Z Score

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. Please see Your Equity Center.
  

QUALITAU Z Score Analysis

QUALITAU'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 )
To calculate Z-Score one would need to know current working capital of the company, its total assets, and liabilities, amount of latest retained earnings as well as earnings before interest and tax. Z-Score 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 high probability of distress. Z Score is used widely by financial auditors, accountants, money managers, loan processers, wealth advisers, as well as day traders. In the last 25 years, many financial models that utilize z score has been proved to be successful as a predictor of corporate bankruptcy.
Compare to competition

Based on the company's disclosures, QUALITAU has a Z Score of 0.0. This is 100.0% lower than that of the Technology sector and 100.0% lower than that of the Semiconductor Equipment & Materials industry. The z score for all Israel stocks is 100.0% higher than that of the company.

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QUALITAU Fundamentals

About QUALITAU Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze QUALITAU's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of QUALITAU using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of QUALITAU 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.
Qualitau Ltd engages in the development, manufacture, and sale of test equipment and services for use in the semiconductor industry worldwide. The company was founded in 1994 and is based in Ness Ziona, Israel. QUALITAU operates under Semiconductor Equipment Materials classification in Israel and is traded on Tel Aviv Stock Exchange. It employs 63 people.

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Our tools can tell you how much better you can do entering a position in QUALITAU 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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Currently Active Assets on Macroaxis

Please see Your Equity Center. Note that the QUALITAU information on this page should be used as a complementary analysis to other QUALITAU'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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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Please note, there is a significant difference between QUALITAU's value and its price as these two are different measures arrived at by different means. Investors typically determine QUALITAU value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, QUALITAU'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.