Company bankruptcy risk in 2 years
"The Altman Z-score of -9.93 is deeply in the distress zone, which implies bankruptcy possibility in the next 2 years."
ℹ️ In shortA low Altman Z-score suggests a high possibility of the company facing bankruptcy within the next two years.
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Details
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… The it's down from >> [clears throat] >> well, it's down 92.11% off the all-time highs. And by the way, the Haveli guys have been buying since about 7 bucks. Down only since then. >> So, this is on a percentage basis. The other thing that is a little bit concerning is a couple of warnings. Revenue per share has declined over the last 5 years. And the Altman Z-score of -9.93 is deeply in the distress zone, which implies bankruptcy possibility in the next 2 years. This is because they've been caught out by the the lack of mortgage refinancing because rates just have not come down and people are sitting on their property. It's very difficult to sell real estate right now. In addition, [clears throat] there's another thing I look at. I look at the the company's founder and CEO has been consistently selling tr …
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