What is Inspirato 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, Inspirato's Probability of Financial Distress (%) is 0.26%.
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 Inspirato's Probability of Financial Distress (%)
For the Travel Services subindustry, Inspirato'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.
Inspirato's Probability of Financial Distress (%) Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Inspirato's Probability of Financial Distress (%) distribution charts can be found below:
* The bar in red indicates where Inspirato's Probability of Financial Distress (%) falls into.
Inspirato 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 |
| = | -5.96 |
The Probability of Financial Distress (%) (PFD) was then obtianed by:
| PFD | = | 1 | / | (1 + e^(-LPFD)) | * | 100% |
| = | 0.26% |
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).
Inspirato (Inspirato) Business Description
Traded in Other Exchanges
N/A
Address
1544 Wazee Street, Denver, CO, USA, 80202
Inspirato Inc is a luxury travel subscription company on a mission to inspire lasting memories and relationships by changing the way family and friends experience the world. It provides solutions for (i) affluent travelers seeking superior service and certainty across a wide variety of accommodations and experiences and (ii) hospitality suppliers who want to solve pain points that include monetizing excess inventory and efficiently outsourcing the hassle involved in managing rental properties.
Executives
| Robert Kaiden |
officer: Chief Financial Officer |
C/O INSPIRATO INCORPORATED, 1544 WAZEE STREET, DENVER CO 80202 |
| Scott D Berman |
director |
C/O INSPIRATO INCORPORATED, 1544 WAZEE STREET, DENVER CO 80202 |
| Bradley A Handler |
director, officer: Executive Chairman |
C/O INSPIRATO, 1544 WAZEE STREET, DENVER CO 80202 |
| Brent L Handler |
director, 10 percent owner, officer: Chief Executive Officer |
C/O INSPIRATO, 1544 WAZEE STREET, DENVER CO 80202 |
| Ann L Payne |
director |
C/O INSPIRATO, 1544 WAZEE STREET, DENVER CO 80202 |
| Eric Grosse |
director |
333 108TH AVENUE N.E., BELLEVUE WA 98004 |
| Institutional Venture Partners Xiii, L.p. |
10 percent owner |
3000 SAND HILL ROAD, BUILDING 2, SUITE 250, MENLO PARK CA 94025 |
| David S Kallery |
officer: President |
C/O INSPIRATO, 1544 WAZEE STREET, DENVER CO 80202 |
| Revolution Portico Holdings Llc |
10 percent owner |
1717 RHODE ISLAND AVENUE, NW, 10TH FLOOR, WASHINGTON DC 20036 |
| Exclusive Resorts Llc |
10 percent owner |
1515 ARAPAHOE STREET, TOWER 3, SUITE 300, DENVER CO 80202 |
| R Scot Sellers |
director |
C/O ARCHSTONE-SMITH, 9200 E. PANORAMA CIRCLE, SUITE 400, ENGLEWOOD CO 80112 |
| Revolution Management Co Llc |
10 percent owner |
1717 RHODE ISLAND AVENUE NW, SUITE 1000, WASHINGTON DC 20036 |
| Alps Investment Holdings Llc |
10 percent owner |
1717 RHODE ISLAND AVENUE, NW, 10TH FLOOR, WASHINGTON DC 20036 |
| Millennium Technology Value Partners Ii, L.p. |
10 percent owner |
747 THIRD AVENUE, 38TH FLOOR, NEW YORK NY 10017 |
| Stephen M Case |
10 percent owner |
1717 RHODE ISLAND AVENUE, N.W., 9TH FLOOR, WASHINGTON DC 20036 |
Inspirato (Inspirato) Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
ISPO has been successfully added to your