Sitara Chemicals Industries (KAR:SITC) Probability of Financial Distress (%)

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What is Sitara Chemicals Industries Probability of Financial Distress (%)?

Sitara Chemicals Industries does not have enough data to calculate Probability of Financial Distress (%).

Sitara Chemicals Industries Probability of Financial Distress (%) Historical Data

The historical data trend for Sitara Chemicals Industries's Probability of Financial Distress (%) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Sitara Chemicals Industries Probability of Financial Distress (%) Chart

Sitara Chemicals Industries Annual Data

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Sitara Chemicals Industries Quarterly Data

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Competitive Comparison of Sitara Chemicals Industries's Probability of Financial Distress (%)

For the Chemicals subindustry, Sitara Chemicals Industries's Probability of Financial Distress (%), along with its competitors' market caps and Probability of Financial Distress (%) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Sitara Chemicals Industries's Probability of Financial Distress (%) Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sitara Chemicals Industries's Probability of Financial Distress (%) distribution charts can be found below:

* The bar in red indicates where Sitara Chemicals Industries's Probability of Financial Distress (%) falls into.

Sitara Chemicals Industries (KAR:SITC) Probability of Financial Distress (%) Explanation

Like the Altman Z-Score, the PFD measures a company's bankruptcy risk in the upcoming year. However, the main drawback of the Z-score is it does not apply to banks and insurance companies. According to Investopedia, the concept of "working capital" does not apply to banks and insurance companies, as financial institutions do not have typical current assets or current liabilities like inventories or accounts payable.

Sitara Chemicals Industries Probability of Financial Distress (%) Related Terms

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Sitara Chemicals Industries (KAR:SITC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sitara Chemicals Industries Ltd (KAR:SITC) » Definitions » Probability of Financial Distress (%)

Traded in Other Exchanges

N/A

Address

Mumtaz Hasan Road, 601-602 Business Centre, Karachi, SD, PAK, 74000

Website

https://www.sitara.com.pk

Sitara Chemicals Industries Ltd is engaged in the operation of the Chlor Alkali plant and yarn spinning unit. The firm is organized into two main divisions namely Chemical division and Textile division. Chemical division; manufactures & sells caustic soda & allied products such as ammonium chloride, bleaching powder & caustic soda flakes among others. Textile Division is into the manufacturing of yarn and trading of fabric.