What is Savers Value Village Probability of Financial Distress (%)?
Probability of Financial Distress (%) measures the probability that a company will go bankrupt in the upcoming year given its current financial position. A higher ratio indicates a larger probability of bankruptcy for the company, while a lower ratio indicates a healthier fundamental. As of today, Savers Value Village's Probability of Financial Distress (%) is 50.00%.
Like the Altman Z-Score, the PFD measures a company's bankruptcy risk. 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.
Competitive Comparison of Savers Value Village's Probability of Financial Distress (%)
For the Specialty Retail subindustry, Savers Value Village'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.
Savers Value Village's Probability of Financial Distress (%) Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Savers Value Village's Probability of Financial Distress (%) distribution charts can be found below:
* The bar in red indicates where Savers Value Village's Probability of Financial Distress (%) falls into.
Savers Value Village Probability of Financial Distress (%) Calculation
Probability of Financial Distress (%) (PFD) was developed by John Campbell, Jens Hilscher and Jan Szilagyi in their Search of Distress Risk. It measures the probability that a company will go bankrupt within the next 12 months given its current financial position.
The Probability of Financial Distress (%) was obtained by a logit probability model based on eight explanatory variables. The logit formula to compute the probability of financial distress (LPFD) is given below:
| LPFD | = | -20.12 * NIMTAAVG | + | 1.60 * TLMTA | - | 7.88 * EXRETAVG | + | 1.55 * SIGMA | - | 0.005 * RSIZE | - | 2.27 * CASHMTA | + | 0.070 * MB | - | 0.09 * PRICE | - | 8.87 |
| = | 0.00 |
The Probability of Financial Distress (%) (PFD) was then obtianed by:
| PFD | = | 1 | / | (1 + e^(-LPFD)) | * | 100% |
| = | 50.00% |
The eight explanatory variables are:
1. NIMTAAVG = Net Income to Market Total Assets
*Note that for companies reported quarterly, geometrically declining weighted quarterly Net Income data in latest four quarters are used.
2. TLMTA = Total liabilities to Market Total Assets
3. CASHMTA = Cash to Market Total Assets
For non-financial companies, CASHMTA is measured as:
4. EXRETAVG = Excess Return compared to the S&P 500
EXRETAVG is the weighted excess return compared to the S&P 500 in past 12 month. Geometrically declining weights are imposed on the monthly excess return to reflect lagged information. The weight is halved each quarter.
5. SIGMA = Standard Deviation of Daily Returns
For sigma, we use the annualized standard deviation of a company's returns over the past 92 days (or 63 trading days).
6. RSIZE = Relative Size
| RSIZE | = | log (Market Cap | / | Total Market Cap of S&P 500 companies) |
7. MB = Market to Adjusted Book Equity Ratio
8. PRICE
PRICE is measured as the log of the stock price, capped at log(15).
Savers Value Village (Savers Value Village) Business Description
Traded in Other Exchanges
N/A
Address
11400 S.E. 6th Street, Suite 125, Bellevue, WA, USA, 98004
Savers Value Village Inc is a for-profit thrift operator in the United States and Canada. It purchases secondhand textiles (i.e., clothing, bedding, and bath items), shoes, accessories, housewares, books and other goods from its non-profit partners ("NPPs"), either directly from them or via on-site donations ("OSDs") at Community Donation Centers at its stores. The company then process, selects, price, merchandise and sell these items in its stores.
Executives
| T. Charles Hunsinger |
officer: Chief Information Officer |
11400 SE 6TH STREET, SUITE 125, BELLEVUE WA 98004 |
| Susan C Ofarrell |
director |
C/O L CATTERTON, 599 WEST PUTNAM AVENUE, GREENWICH CT 06830 |
| Scott L Graves |
director |
2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067 |
| Scott Anson Estes |
officer: See Remarks |
11400 SE 6TH STREET, SUITE 125, BELLEVUE WA 98004 |
| Jubran N. Tanious |
officer: See Remarks |
11400 SE 6TH STREET, SUITE 125, BELLEVUE WA 98004 |
| Richard A. Medway |
officer: See Remarks |
11400 SE 6TH STREET, SUITE 125, BELLEVUE WA 98004 |
| Melinda L. Geisser |
officer: Chief People Services Officer |
11400 SE 6TH STREET, SUITE 125, BELLEVUE WA 98004 |
| Robyn A. Collver |
director |
11400 SE 6TH STREET, SUITE 125, BELLEVUE WA 98004 |
| Mark T. Walsh |
director, officer: Chief Executive Officer |
11400 SE 6TH STREET, SUITE 125, BELLEVUE WA 98004 |
| Aaron Marc Rosen |
director |
2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067 |
| Duane C. Woods |
director |
4317 CLYDE ROAD, LANGLEY WA 98260 |
| Ares Corporate Opportunities Fund V, L.p. |
10 percent owner |
2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067 |
| Jay Stasz |
officer: See Remarks |
OLLIE'S BARGAIN OUTLET, INC., 6295 ALLENTOWN BOULEVARD, HARRISBURG PA 17112 |
| Assf Iv Aiv B, L.p. |
10 percent owner |
2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067 |
| Assf Iv Aiv B Holdings Iii, L.p. |
10 percent owner |
2000 AVE OF THE STARS, 12TH FLOOR, C/O ARES MANAGEMENT, LOS ANGELES CA 90067 |
Savers Value Village (Savers Value Village) Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SVV has been successfully added to your