Avient Corp Stock Z Score

AVNT Stock

USD 53.17 0.89 1.70%

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 Avient Corp Piotroski F Score and Avient Corp Valuation analysis.

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

At this time, Avient Corp's Net Working Capital is comparatively stable compared to the past year. Change In Working Capital is likely to gain to about 93.2 M in 2024, whereas Capital Stock is likely to drop slightly above 960 K in 2024. At this time, Avient Corp's Total Revenue is comparatively stable compared to the past year. Other Operating Expenses is likely to gain to about 3 B in 2024, whereas Selling General Administrative is likely to drop slightly above 395.9 M in 2024.

Avient Corp Company Z Score Analysis

Avient 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..

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 )

Avient Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Avient Corp is extremely important. It helps to project a fair market value of Avient Stock properly, considering its historical fundamentals such as Z Score. Since Avient Corp'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 Avient Corp'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 Avient Corp's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Intangible Assets	Good Will	Current Deferred Revenue	Net Tangible Assets	Long Term Debt	Long Term Debt Total	Capital Surpluse	Treasury Stock	Property Plant Equipment	Deferred Long Term Liab	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.99	0.72	0.96	0.66	0.59	0.84	0.71	-0.21	-0.48	0.93	0.97	0.27	-0.85	0.89	0.87	0.9	-0.54	0.81	0.77	-0.69	0.94	0.72	-0.61
Total Stockholder Equity	0.99		0.64	0.95	0.56	0.49	0.79	0.66	-0.13	-0.39	0.95	0.97	0.25	-0.82	0.84	0.83	0.88	-0.43	0.83	0.83	-0.74	0.95	0.73	-0.64
Net Debt	0.72	0.64		0.65	0.86	0.7	0.9	0.64	-0.26	-0.43	0.61	0.7	0.2	-0.79	0.91	0.91	0.84	-0.62	0.74	0.37	-0.46	0.74	0.34	-0.13
Retained Earnings	0.96	0.95	0.65		0.49	0.39	0.78	0.63	-0.04	-0.31	0.94	0.97	0.28	-0.85	0.88	0.86	0.87	-0.63	0.77	0.77	-0.68	0.91	0.73	-0.63
Accounts Payable	0.66	0.56	0.86	0.49		0.96	0.84	0.76	-0.56	-0.72	0.42	0.54	0.3	-0.57	0.77	0.74	0.7	-0.53	0.62	0.22	-0.3	0.57	0.34	-0.04
Net Receivables	0.59	0.49	0.7	0.39	0.96		0.74	0.78	-0.64	-0.8	0.3	0.43	0.37	-0.42	0.64	0.59	0.57	-0.5	0.47	0.12	-0.19	0.45	0.37	-0.02
Total Liab	0.84	0.79	0.9	0.78	0.84	0.74		0.87	-0.28	-0.49	0.69	0.77	0.49	-0.74	0.96	0.96	0.92	-0.62	0.85	0.46	-0.6	0.87	0.62	-0.14
Total Current Assets	0.71	0.66	0.64	0.63	0.76	0.78	0.87		-0.4	-0.58	0.46	0.58	0.73	-0.43	0.78	0.74	0.74	-0.6	0.63	0.2	-0.47	0.68	0.78	-0.01
Short Term Debt	-0.21	-0.13	-0.26	-0.04	-0.56	-0.64	-0.28	-0.4		0.92	0.06	-0.01	-0.07	0.03	-0.14	-0.13	-0.06	0.22	-0.08	0.04	0.02	-0.01	0.0	0.03
Common Stock	-0.48	-0.39	-0.43	-0.31	-0.72	-0.8	-0.49	-0.58	0.92		-0.19	-0.28	-0.13	0.27	-0.38	-0.36	-0.33	0.42	-0.29	-0.14	0.11	-0.25	-0.22	0.23
Intangible Assets	0.93	0.95	0.61	0.94	0.42	0.3	0.69	0.46	0.06	-0.19		0.98	0.1	-0.9	0.8	0.8	0.84	-0.38	0.79	0.91	-0.72	0.94	0.61	-0.69
Good Will	0.97	0.97	0.7	0.97	0.54	0.43	0.77	0.58	-0.01	-0.28	0.98		0.17	-0.9	0.87	0.86	0.9	-0.5	0.8	0.83	-0.7	0.95	0.68	-0.66
Current Deferred Revenue	0.27	0.25	0.2	0.28	0.3	0.37	0.49	0.73	-0.07	-0.13	0.1	0.17		-0.06	0.4	0.31	0.27	-0.4	0.22	-0.14	-0.34	0.33	0.65	0.43
Net Tangible Assets	-0.85	-0.82	-0.79	-0.85	-0.57	-0.42	-0.74	-0.43	0.03	0.27	-0.9	-0.9	-0.06		-0.85	-0.84	-0.81	0.57	-0.7	-0.74	0.54	-0.86	-0.46	0.55
Long Term Debt	0.89	0.84	0.91	0.88	0.77	0.64	0.96	0.78	-0.14	-0.38	0.8	0.87	0.4	-0.85		0.98	0.94	-0.71	0.82	0.53	-0.6	0.9	0.65	-0.29
Long Term Debt Total	0.87	0.83	0.91	0.86	0.74	0.59	0.96	0.74	-0.13	-0.36	0.8	0.86	0.31	-0.84	0.98		0.97	-0.65	0.87	0.57	-0.6	0.9	0.59	-0.31
Capital Surpluse	0.9	0.88	0.84	0.87	0.7	0.57	0.92	0.74	-0.06	-0.33	0.84	0.9	0.27	-0.81	0.94	0.97		-0.52	0.9	0.64	-0.64	0.94	0.66	-0.39
Treasury Stock	-0.54	-0.43	-0.62	-0.63	-0.53	-0.5	-0.62	-0.6	0.22	0.42	-0.38	-0.5	-0.4	0.57	-0.71	-0.65	-0.52		-0.27	-0.05	0.14	-0.43	-0.53	0.16
Property Plant Equipment	0.81	0.83	0.74	0.77	0.62	0.47	0.85	0.63	-0.08	-0.29	0.79	0.8	0.22	-0.7	0.82	0.87	0.9	-0.27		0.71	-0.71	0.88	0.45	-0.34
Deferred Long Term Liab	0.77	0.83	0.37	0.77	0.22	0.12	0.46	0.2	0.04	-0.14	0.91	0.83	-0.14	-0.74	0.53	0.57	0.64	-0.05	0.71		-0.67	0.78	0.35	-0.77
Short Long Term Debt	-0.69	-0.74	-0.46	-0.68	-0.3	-0.19	-0.6	-0.47	0.02	0.11	-0.72	-0.7	-0.34	0.54	-0.6	-0.6	-0.64	0.14	-0.71	-0.67		-0.77	-0.52	0.29
Net Invested Capital	0.94	0.95	0.74	0.91	0.57	0.45	0.87	0.68	-0.01	-0.25	0.94	0.95	0.33	-0.86	0.9	0.9	0.94	-0.43	0.88	0.78	-0.77		0.71	-0.45
Net Working Capital	0.72	0.73	0.34	0.73	0.34	0.37	0.62	0.78	0.0	-0.22	0.61	0.68	0.65	-0.46	0.65	0.59	0.66	-0.53	0.45	0.35	-0.52	0.71		-0.29
Capital Stock	-0.61	-0.64	-0.13	-0.63	-0.04	-0.02	-0.14	-0.01	0.03	0.23	-0.69	-0.66	0.43	0.55	-0.29	-0.31	-0.39	0.16	-0.34	-0.77	0.29	-0.45	-0.29

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 Avient Corp

In accordance with the company's disclosures, Avient Corp has a Z Score of 0.0. This is 100.0% lower than that of the Chemicals sector and 100.0% lower than that of the Materials industry. The z score for all United States stocks is 100.0% higher than that of the company.

Avient Corp 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, Avient Corp's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Avient Corp's managers, analysts, and investors.

Environmental

Governance

Social

Avient Corp Institutional Holders

Institutional Holdings refers to the ownership stake in Avient Corp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Avient Corp'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 Avient Corp's value.

		Shares
Westfield Capital Management Company, Lp	2024-09-30	1.5 M
Lord, Abbett & Co Llc	2024-09-30	1.5 M
Bamco Inc	2024-09-30	1.5 M
Gw&k Investment Management, Llc	2024-09-30	1.3 M
Charles Schwab Investment Management Inc	2024-09-30	1.2 M
Morgan Stanley - Brokerage Accounts	2024-06-30	1.2 M
Silvercrest Asset Management Group Llc	2024-06-30	1.2 M
Marshall Wace Asset Management Ltd	2024-06-30	1.2 M
Norges Bank	2024-06-30	1.2 M
Blackrock Inc	2024-06-30	11.1 M
Vanguard Group Inc	2024-09-30	10.2 M

Avient Fundamentals

	Return On Equity	0.0641
	Return On Asset	0.0394
	Profit Margin	0.05 %
	Operating Margin	0.1 %
	Current Valuation	6.34 B
	Shares Outstanding	91.36 M
	Shares Owned By Insiders	1.91 %
	Shares Owned By Institutions	99.02 %
	Number Of Shares Shorted	1.27 M
	Price To Earning	11.10 X
	Price To Book	2.02 X
	Price To Sales	1.49 X
	Revenue	3.14 B
	Gross Profit	964 M
	EBITDA	391.4 M
	Net Income	76.2 M
	Cash And Equivalents	645.1 M
	Cash Per Share	7.09 X
	Total Debt	2.14 B
	Debt To Equity	1.05 %
	Current Ratio	1.29 X
	Book Value Per Share	25.86 X
	Cash Flow From Operations	201.6 M
	Short Ratio	2.98 X
	Earnings Per Share	1.63 X
	Price To Earnings To Growth	3.53 X
	Target Price	56.4
	Number Of Employees	9.3 K
	Beta	1.5
	Market Capitalization	4.78 B
	Total Asset	5.97 B
	Retained Earnings	1.81 B
	Working Capital	634 M
	Annual Yield	0.02 %
	Five Year Return	2.13 %
	Net Asset	5.97 B
	Last Dividend Paid	1.03

About Avient Corp Fundamental Analysis

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

Avient Corp 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 )

Avient Z Score Driver Correlations

Avient Corp ESG Sustainability

Avient Corp Institutional Holders

Avient Fundamentals

About Avient Corp Fundamental Analysis

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for Avient Stock Analysis

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