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Sandoz Group AG (Sandoz Group AG) Probability of Financial Distress (%)


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What is Sandoz Group AG Probability of Financial Distress (%)?

Sandoz Group AG does not have enough data to calculate Probability of Financial Distress (%).


Sandoz Group AG Probability of Financial Distress (%) Historical Data

The historical data trend for Sandoz Group AG'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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Sandoz Group AG Probability of Financial Distress (%) Chart

Sandoz Group AG Annual Data
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Sandoz Group AG Quarterly Data
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Competitive Comparison of Sandoz Group AG's Probability of Financial Distress (%)

For the Drug Manufacturers - Specialty & Generic subindustry, Sandoz Group AG'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.


Sandoz Group AG's Probability of Financial Distress (%) Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Sandoz Group AG's Probability of Financial Distress (%) distribution charts can be found below:

* The bar in red indicates where Sandoz Group AG's Probability of Financial Distress (%) falls into.



Sandoz Group AG  (OTCPK:SDZNY) 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.


Sandoz Group AG Probability of Financial Distress (%) Related Terms

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Sandoz Group AG (Sandoz Group AG) Business Description

Industry
Traded in Other Exchanges
Address
Forum 1, Novartis Campus, Basel, CHE, CH-4056
Sandoz is one of the largest generic pharmaceutical manufacturers in the world, generating over $9 billion annually from off-patent drugs. Once part of Novartis, Sandoz spun off and went public in October 2023. Generics, including small molecules and complex injectables, make up roughly 75% of Sandoz's total sales, and the firm has a significant presence in Europe, the United States, and other key international markets. Sandoz generates its remaining sales from biosimilars and is among leaders in the space. Sandoz launched Europe's first biosimilar, Omnitrope, in 2006 as well as U.S.'s first biosimilar, Zarxio, in 2015. It currently has eight commercialized biosimilars in a number of markets and has over 20 assets in pipeline.

Sandoz Group AG (Sandoz Group AG) Headlines

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