FPL Probability of Bankruptcy

The Probability of Bankruptcy of First Trust New Opportunities MLP & Energy Fund (FPL) is -% . This number represents the probability that FPL will face financial distress in the next 24 months given its current fundamentals and market conditions.

Multiple factors are taken into account when calculating FPL's probability of bankruptcy : Altman Z-score, Beneish M-score, financial position, macro environments, academic research about distress risk and more.

FPL - ESG ratings

ESG ratings are directly linked to the cost of capital and FPL's ability to raise funding, both of which can significantly affect the probability of First Trust New Opportunities MLP & Energy Fund going bankrupt.