0HE2 Stock | | | 91.13 0.02 0.02% |
Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Ameren Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
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How to Invest in Ameren Corp guide.
Capital Expenditures is likely to gain to about 4
B in 2024, whereas
Capital Surpluse is likely to drop slightly above 6.3
B in 2024. At this time, Ameren Corp's
Income Tax Expense is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 220.5
M in 2024, whereas
Depreciation And Amortization is likely to drop slightly above 870.4
M in 2024.
Ameren Corp Company Z Score Analysis
Ameren Corp's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
| First Factor | = | 1.2 * ( | Working Capital | / | Total Assets ) |
|
| Second Factor | = | 1.4 * ( | Retained Earnings | / | Total Assets ) |
|
| Thrid Factor | = | 3.3 * ( | EBITAD | / | Total Assets ) |
|
| Fouth Factor | = | 0.6 * ( | Market Value of Equity | / | Total Liabilities ) |
|
| Fifth Factor | = | 0.99 * ( | Revenue | / | Total Assets ) |
|
To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
In accordance with the company's disclosures, Ameren Corp has a Z Score of 0.0. This indicator is about the same for the Commercial Services & Supplies average (which is currently at 0.0) sector and about the same as
Industrials (which currently averages 0.0) industry. This indicator is about the same for all United Kingdom stocks average (which is currently at 0.0).
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Ameren Fundamentals
About Ameren Corp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ameren Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ameren Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at
the intrinsic value of Ameren Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing
financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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measure Ameren Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ameren Corp is operating at the current time. Most of Ameren Corp's value examination focuses on studying past and present price action to
predict the probability of Ameren Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ameren Corp's price. Additionally, you may evaluate how the addition of Ameren Corp to your portfolios can decrease your overall portfolio volatility.