Astronova Stock Z Score

ALOT Stock

USD 14.77 0.23 1.53%

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 AstroNova Piotroski F Score and AstroNova Valuation analysis.

For more information on how to buy AstroNova Stock please use our How to Invest in AstroNova guide.

At this time, AstroNova's Capital Stock is comparatively stable compared to the past year. Capital Lease Obligations is likely to gain to about 763.4 K in 2024, whereas Net Working Capital is likely to drop slightly above 44.3 M in 2024. At this time, AstroNova's Net Income Applicable To Common Shares is comparatively stable compared to the past year. Interest Income is likely to gain to about 2.4 M in 2024, whereas Total Operating Expenses is likely to drop slightly above 25.1 M in 2024.

AstroNova Company Z Score Analysis

AstroNova'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..

Z Score

Sum Of

5 Factors

More About Z Score | All Equity Analysis

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 )

AstroNova Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for AstroNova is extremely important. It helps to project a fair market value of AstroNova Stock properly, considering its historical fundamentals such as Z Score. Since AstroNova's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of AstroNova's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of AstroNova's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Long Term Debt	Good Will	Short Term Investments	Treasury Stock	Common Stock	Property Plant Equipment	Current Deferred Revenue	Net Tangible Assets	Capital Surpluse	Deferred Long Term Liab	Accumulated Depreciation	Long Term Debt Total	Net Invested Capital	Long Term Investments	Short Long Term Debt	Net Working Capital	Capital Stock
Total Assets		0.72	0.67	0.82	0.81	0.88	0.66	0.68	-0.18	0.71	0.76	0.85	-0.09	-0.9	0.83	0.69	-0.39	-0.39	0.84	-0.03	-0.77	-0.74	0.66	-0.77	0.49	0.49	0.6
Total Stockholder Equity	0.72		0.22	0.96	0.81	0.46	0.94	0.38	-0.11	0.54	0.43	0.44	0.22	-0.66	0.96	0.63	-0.66	-0.05	0.68	-0.4	-0.53	-0.48	0.38	-0.39	0.28	0.32	0.1
Net Debt	0.67	0.22		0.43	0.56	0.83	0.09	0.55	-0.16	0.62	0.77	0.88	-0.16	-0.74	0.31	0.65	0.27	-0.58	0.76	0.43	-0.69	-0.74	0.69	-0.76	0.61	0.42	0.56
Retained Earnings	0.82	0.96	0.43		0.9	0.64	0.86	0.45	-0.24	0.69	0.61	0.64	0.08	-0.82	0.95	0.71	-0.53	-0.15	0.82	-0.32	-0.69	-0.62	0.48	-0.54	0.36	0.4	0.21
Net Receivables	0.81	0.81	0.56	0.9		0.77	0.73	0.39	-0.12	0.78	0.77	0.71	-0.18	-0.85	0.87	0.65	-0.48	-0.35	0.74	-0.22	-0.76	-0.49	0.39	-0.47	0.39	0.21	0.1
Total Liab	0.88	0.46	0.83	0.64	0.77		0.42	0.66	-0.19	0.8	0.95	0.93	-0.38	-0.89	0.59	0.62	-0.14	-0.53	0.76	0.14	-0.81	-0.69	0.57	-0.7	0.51	0.33	0.45
Total Current Assets	0.66	0.94	0.09	0.86	0.73	0.42		0.47	-0.08	0.48	0.37	0.29	0.23	-0.51	0.89	0.47	-0.67	-0.01	0.49	-0.43	-0.36	-0.29	0.34	-0.23	0.32	0.23	0.03
Short Term Debt	0.68	0.38	0.55	0.45	0.39	0.66	0.47		-0.26	0.29	0.46	0.56	-0.03	-0.47	0.39	0.49	0.07	-0.53	0.56	0.24	-0.32	-0.6	0.77	-0.62	0.82	0.33	0.55
Intangible Assets	-0.18	-0.11	-0.16	-0.24	-0.12	-0.19	-0.08	-0.26		-0.17	-0.17	-0.2	0.05	0.28	-0.08	0.11	-0.1	-0.03	-0.3	0.46	0.32	0.19	-0.13	0.18	-0.09	-0.11	-0.13
Accounts Payable	0.71	0.54	0.62	0.69	0.78	0.8	0.48	0.29	-0.17		0.87	0.77	-0.33	-0.79	0.6	0.57	-0.19	-0.02	0.7	0.0	-0.74	-0.44	0.4	-0.4	0.22	0.42	0.21
Long Term Debt	0.76	0.43	0.77	0.61	0.77	0.95	0.37	0.46	-0.17	0.87		0.88	-0.39	-0.85	0.53	0.59	-0.13	-0.45	0.71	0.08	-0.8	-0.58	0.42	-0.56	0.33	0.29	0.25
Good Will	0.85	0.44	0.88	0.64	0.71	0.93	0.29	0.56	-0.2	0.77	0.88		-0.31	-0.91	0.55	0.75	-0.01	-0.5	0.89	0.24	-0.83	-0.84	0.66	-0.84	0.48	0.51	0.59
Short Term Investments	-0.09	0.22	-0.16	0.08	-0.18	-0.38	0.23	-0.03	0.05	-0.33	-0.39	-0.31		0.24	0.09	0.08	-0.05	0.17	0.02	-0.13	0.34	-0.04	0.19	-0.04	-0.03	0.36	0.13
Treasury Stock	-0.9	-0.66	-0.74	-0.82	-0.85	-0.89	-0.51	-0.47	0.28	-0.79	-0.85	-0.91	0.24		-0.78	-0.67	0.33	0.39	-0.87	0.11	0.93	0.78	-0.49	0.73	-0.37	-0.35	-0.42
Common Stock	0.83	0.96	0.31	0.95	0.87	0.59	0.89	0.39	-0.08	0.6	0.53	0.55	0.09	-0.78		0.61	-0.73	-0.14	0.69	-0.39	-0.66	-0.52	0.36	-0.46	0.27	0.27	0.19
Property Plant Equipment	0.69	0.63	0.65	0.71	0.65	0.62	0.47	0.49	0.11	0.57	0.59	0.75	0.08	-0.67	0.61		-0.02	-0.43	0.86	0.36	-0.49	-0.79	0.77	-0.73	0.57	0.62	0.46
Current Deferred Revenue	-0.39	-0.66	0.27	-0.53	-0.48	-0.14	-0.67	0.07	-0.1	-0.19	-0.13	-0.01	-0.05	0.33	-0.73	-0.02		-0.13	-0.09	0.69	0.3	0.0	0.31	-0.05	0.31	0.19	0.21
Net Tangible Assets	-0.39	-0.05	-0.58	-0.15	-0.35	-0.53	-0.01	-0.53	-0.03	-0.02	-0.45	-0.5	0.17	0.39	-0.14	-0.43	-0.13		-0.39	-0.33	0.31	0.51	-0.4	0.59	-0.57	0.03	-0.26
Capital Surpluse	0.84	0.68	0.76	0.82	0.74	0.76	0.49	0.56	-0.3	0.7	0.71	0.89	0.02	-0.87	0.69	0.86	-0.09	-0.39		0.09	-0.72	-0.88	0.75	-0.86	0.5	0.65	0.57
Deferred Long Term Liab	-0.03	-0.4	0.43	-0.32	-0.22	0.14	-0.43	0.24	0.46	0.0	0.08	0.24	-0.13	0.11	-0.39	0.36	0.69	-0.33	0.09		0.2	-0.23	0.49	-0.29	0.45	0.31	0.44
Accumulated Depreciation	-0.77	-0.53	-0.69	-0.69	-0.76	-0.81	-0.36	-0.32	0.32	-0.74	-0.8	-0.83	0.34	0.93	-0.66	-0.49	0.3	0.31	-0.72	0.2		0.64	-0.3	0.57	-0.26	-0.16	-0.26
Long Term Debt Total	-0.74	-0.48	-0.74	-0.62	-0.49	-0.69	-0.29	-0.6	0.19	-0.44	-0.58	-0.84	-0.04	0.78	-0.52	-0.79	0.0	0.51	-0.88	-0.23	0.64		-0.7	0.93	-0.49	-0.54	-0.65
Net Invested Capital	0.66	0.38	0.69	0.48	0.39	0.57	0.34	0.77	-0.13	0.4	0.42	0.66	0.19	-0.49	0.36	0.77	0.31	-0.4	0.75	0.49	-0.3	-0.7		-0.76	0.8	0.76	0.77
Long Term Investments	-0.77	-0.39	-0.76	-0.54	-0.47	-0.7	-0.23	-0.62	0.18	-0.4	-0.56	-0.84	-0.04	0.73	-0.46	-0.73	-0.05	0.59	-0.86	-0.29	0.57	0.93	-0.76		-0.49	-0.64	-0.79
Short Long Term Debt	0.49	0.28	0.61	0.36	0.39	0.51	0.32	0.82	-0.09	0.22	0.33	0.48	-0.03	-0.37	0.27	0.57	0.31	-0.57	0.5	0.45	-0.26	-0.49	0.8	-0.49		0.22	0.42
Net Working Capital	0.49	0.32	0.42	0.4	0.21	0.33	0.23	0.33	-0.11	0.42	0.29	0.51	0.36	-0.35	0.27	0.62	0.19	0.03	0.65	0.31	-0.16	-0.54	0.76	-0.64	0.22		0.74
Capital Stock	0.6	0.1	0.56	0.21	0.1	0.45	0.03	0.55	-0.13	0.21	0.25	0.59	0.13	-0.42	0.19	0.46	0.21	-0.26	0.57	0.44	-0.26	-0.65	0.77	-0.79	0.42	0.74

Click cells to compare fundamentals

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.

Competition

Predict AstroNova

In accordance with the company's disclosures, AstroNova has a Z Score of 0.0. This is 100.0% lower than that of the Technology Hardware, Storage & Peripherals sector and about the same as Information Technology (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.

AstroNova ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, AstroNova's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to AstroNova's managers, analysts, and investors.

Environmental

Governance

Social

AstroNova Institutional Holders

Institutional Holdings refers to the ownership stake in AstroNova that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of AstroNova's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing AstroNova's value.

		Shares
Diamond Hill Capital Management Inc	2024-09-30	68 K
Northern Trust Corp	2024-09-30	57 K
Mml Investors Services Inc	2024-06-30	43.2 K
Bridgeway Capital Management, Llc	2024-09-30	36.7 K
Neuberger Berman Group Llc	2024-06-30	27.1 K
Susquehanna International Group, Llp	2024-06-30	24.7 K
Marquette Asset Management Inc.	2024-06-30	18.9 K
State Street Corp	2024-06-30	18.9 K
Royal Bank Of Canada	2024-06-30	17.7 K
Juniper Investment Co, Llc	2024-09-30	535.2 K
Dimensional Fund Advisors, Inc.	2024-09-30	508.3 K

AstroNova Fundamentals

	Return On Equity	0.0719
	Return On Asset	0.045
	Profit Margin	0.04 %
	Operating Margin	0.03 %
	Current Valuation	153.52 M
	Shares Outstanding	7.52 M
	Shares Owned By Insiders	11.67 %
	Shares Owned By Institutions	49.52 %
	Number Of Shares Shorted	13.54 K
	Price To Earning	63.89 X
	Price To Book	1.21 X
	Price To Sales	0.74 X
	Revenue	148.09 M
	Gross Profit	42.04 M
	EBITDA	15.64 M
	Net Income	4.69 M
	Cash And Equivalents	4.29 M
	Cash Per Share	0.58 X
	Total Debt	22.44 M
	Debt To Equity	0.18 %
	Current Ratio	3.00 X
	Book Value Per Share	12.20 X
	Cash Flow From Operations	12.35 M
	Short Ratio	1.27 X
	Earnings Per Share	0.84 X
	Target Price	26.0
	Number Of Employees	365
	Beta	0.56
	Market Capitalization	109.35 M
	Total Asset	133.25 M
	Retained Earnings	63.87 M
	Working Capital	46.91 M
	Current Asset	54.51 M
	Current Liabilities	9.55 M
	Five Year Return	1.88 %
	Net Asset	133.25 M

About AstroNova Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze AstroNova's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of AstroNova using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of AstroNova 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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for AstroNova Stock Analysis

When running AstroNova's price analysis, check to measure AstroNova'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 AstroNova is operating at the current time. Most of AstroNova's value examination focuses on studying past and present price action to predict the probability of AstroNova's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AstroNova's price. Additionally, you may evaluate how the addition of AstroNova to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Astronova Stock Z Score

AstroNova Company Z Score Analysis

Z Score

Sum Of

5 Factors

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 )

AstroNova Z Score Driver Correlations

AstroNova ESG Sustainability

AstroNova Institutional Holders

AstroNova Fundamentals

About AstroNova Fundamental Analysis

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for AstroNova Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY