| BANC-PF Stock | | | 24.65 0.07 0.28% |
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
Banc Of Piotroski F Score and
Banc Of Valuation analysis.
At this time, Banc Of's
Long Term Debt To Capitalization is most likely to increase slightly in the upcoming years. The Banc Of's current
Total Debt To Capitalization is estimated to increase to 0.57, while
Capital Expenditures is projected to decrease to roughly 11
M. At this time, Banc Of's
Selling General Administrative is most likely to increase significantly in the upcoming years. The Banc Of's current
Selling And Marketing Expenses is estimated to increase to about 163.8
M, while
Interest Income is projected to decrease to roughly 1.4
B.
Banc of California Company Z Score Analysis
Banc Of'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 ) |
|
Banc Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for Banc Of is extremely important. It helps to project a fair market value of Banc Stock properly, considering its historical
fundamentals such as Z Score. Since Banc Of'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 Banc Of'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 Banc Of's interrelated accounts and indicators.
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.
In accordance with the company's disclosures, Banc of California has a Z Score of 0.0. This is 100.0% lower than that of the Financial Services sector and about the same as
Banks - Regional (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.
Banc Of Current Valuation Drivers
We derive many important indicators used in calculating different scores of Banc Of from analyzing Banc Of's financial statements. These drivers represent accounts that assess Banc Of's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Banc Of's important valuation drivers and their relationship over time.
Banc Fundamentals
About Banc Of Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Banc of California's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Banc Of using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at
the intrinsic value of Banc of California 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.
Currently Active Assets on Macroaxis
Other Information on Investing in Banc Stock
Banc Of financial ratios help investors to determine whether Banc Stock is cheap or expensive when compared to a particular measure, such as profits or
enterprise value. In other words, they help investors to determine the cost of investment in Banc with respect to the benefits of owning Banc Of security.