Forge Group (Forge Group) Probability of Financial Distress (%)

View and export this data going back to 2022. Start your Free Trial

What is Forge Group Probability of Financial Distress (%)?

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

Forge Group Probability of Financial Distress (%) Historical Data

The historical data trend for Forge Group'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.

* Premium members only.

Forge Group Probability of Financial Distress (%) Chart

Forge Group Annual Data

Trend

Probability of Financial Distress (%)

Forge Group Semi-Annual Data

Probability of Financial Distress (%)

Competitive Comparison of Forge Group's Probability of Financial Distress (%)

For the Insurance - Property & Casualty subindustry, Forge Group'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.

Forge Group's Probability of Financial Distress (%) Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Forge Group's Probability of Financial Distress (%) distribution charts can be found below:

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

Forge Group (OTCPK:FIGP) 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.

Forge Group Probability of Financial Distress (%) Related Terms

Thank you for viewing the detailed overview of Forge Group's Probability of Financial Distress (%) provided by GuruFocus.com. Please click on the following links to see related term pages.

Forge Group (Forge Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Forge Group Inc (OTCPK:FIGP) » Definitions » Probability of Financial Distress (%)

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O. Box 15033, Worcester, MA, USA, 01615

Website

Forge Group Inc provides commercial automobile insurance products targeted to owners and operators of taxi cabs, passenger sedans, and other light transportation vehicles, including golf carts and school vans. It manages business through two segments: insurance and commercial real estate investments.

Forge Group (Forge Group) Headlines

From GuruFocus

Forge Group, Inc. Announces Share Repurchase Plan

By PRNewswire • 12-22-2023