Brightspire Capital Stock Z Score

BRSP Stock

USD 6.31 0.08 1.28%

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 Brightspire Capital Piotroski F Score and Brightspire Capital Valuation analysis.

To learn how to invest in Brightspire Stock, please use our How to Invest in Brightspire Capital guide.

At this time, Brightspire Capital's Net Invested Capital is relatively stable compared to the past year. As of 11/25/2024, Net Working Capital is likely to grow to about 3.6 B, while Change In Working Capital is likely to drop (1.5 M). At this time, Brightspire Capital's Net Income Applicable To Common Shares is relatively stable compared to the past year. As of 11/25/2024, Non Operating Income Net Other is likely to grow to about 366.9 M, while Other Operating Expenses is likely to drop slightly above 331 M.

Brightspire Capital Company Z Score Analysis

Brightspire Capital'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 )

Brightspire Z Score Driver Correlations

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

	Total Assets	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Net Tangible Assets	Retained Earnings	Deferred Long Term Liab	Net Invested Capital	Long Term Investments	Net Working Capital	Intangible Assets	Property Plant Equipment	Long Term Debt	Good Will	Short Term Investments	Short Long Term Debt	Capital Stock	Long Term Debt Total	Capital Surpluse
Total Assets		0.87	0.93	0.98	0.96	-0.13	0.98	0.99	0.87	-0.7	0.9	-0.67	0.83	0.98	0.51	0.94	0.97	0.95	-0.43	-0.5	0.31	-0.55	0.27	0.04	0.16
Total Stockholder Equity	0.87		0.74	0.78	0.75	0.17	0.77	0.84	0.75	-0.28	0.83	-0.33	0.59	0.76	0.63	0.69	0.81	0.83	-0.12	-0.15	0.05	-0.27	0.14	-0.01	0.02
Current Deferred Revenue	0.93	0.74		0.94	0.95	-0.06	0.94	0.91	0.81	-0.74	0.81	-0.7	0.77	0.93	0.43	0.9	0.92	0.89	-0.44	-0.5	0.31	-0.54	0.28	-0.04	0.21
Net Debt	0.98	0.78	0.94		0.98	-0.15	1.0	0.97	0.88	-0.8	0.91	-0.7	0.87	0.99	0.48	0.96	0.98	0.96	-0.47	-0.52	0.35	-0.55	0.29	0.06	0.18
Accounts Payable	0.96	0.75	0.95	0.98		-0.12	0.98	0.93	0.85	-0.81	0.89	-0.7	0.87	0.98	0.45	0.93	0.97	0.95	-0.48	-0.51	0.41	-0.47	0.3	0.01	0.28
Net Receivables	-0.13	0.17	-0.06	-0.15	-0.12		-0.21	-0.24	0.15	0.45	0.2	0.74	-0.3	-0.24	0.67	-0.33	-0.02	0.1	0.81	0.87	-0.77	0.58	-0.49	0.08	-0.52
Total Liab	0.98	0.77	0.94	1.0	0.98	-0.21		0.97	0.87	-0.82	0.89	-0.73	0.87	1.0	0.45	0.97	0.97	0.94	-0.51	-0.57	0.38	-0.58	0.3	0.05	0.2
Total Current Assets	0.99	0.84	0.91	0.97	0.93	-0.24	0.97		0.83	-0.69	0.83	-0.74	0.85	0.96	0.39	0.95	0.93	0.89	-0.53	-0.6	0.38	-0.61	0.29	0.09	0.18
Short Term Debt	0.87	0.75	0.81	0.88	0.85	0.15	0.87	0.83		-0.61	0.93	-0.39	0.74	0.84	0.68	0.75	0.9	0.91	-0.22	-0.23	0.03	-0.26	-0.11	0.34	-0.24
Common Stock	-0.7	-0.28	-0.74	-0.8	-0.81	0.45	-0.82	-0.69	-0.61		-0.61	0.8	-0.73	-0.83	-0.13	-0.83	-0.76	-0.7	0.64	0.7	-0.55	0.57	-0.38	0.05	-0.37
Net Tangible Assets	0.9	0.83	0.81	0.91	0.89	0.2	0.89	0.83	0.93	-0.61		-0.35	0.69	0.87	0.79	0.79	0.96	0.98	-0.11	-0.15	0.0	-0.27	0.03	0.07	-0.05
Retained Earnings	-0.67	-0.33	-0.7	-0.7	-0.7	0.74	-0.73	-0.74	-0.39	0.8	-0.35		-0.7	-0.75	0.26	-0.79	-0.59	-0.49	0.9	0.96	-0.82	0.7	-0.54	0.12	-0.58
Deferred Long Term Liab	0.83	0.59	0.77	0.87	0.87	-0.3	0.87	0.85	0.74	-0.73	0.69	-0.7		0.86	0.2	0.87	0.79	0.75	-0.59	-0.57	0.51	-0.59	0.37	0.36	0.19
Net Invested Capital	0.98	0.76	0.93	0.99	0.98	-0.24	1.0	0.96	0.84	-0.83	0.87	-0.75	0.86		0.42	0.97	0.97	0.94	-0.53	-0.59	0.42	-0.59	0.35	0.0	0.25
Long Term Investments	0.51	0.63	0.43	0.48	0.45	0.67	0.45	0.39	0.68	-0.13	0.79	0.26	0.2	0.42		0.35	0.62	0.69	0.52	0.41	-0.59	0.06	-0.34	0.07	-0.4
Net Working Capital	0.94	0.69	0.9	0.96	0.93	-0.33	0.97	0.95	0.75	-0.83	0.79	-0.79	0.87	0.97	0.35		0.92	0.86	-0.52	-0.66	0.41	-0.74	0.39	0.02	0.31
Intangible Assets	0.97	0.81	0.92	0.98	0.97	-0.02	0.97	0.93	0.9	-0.76	0.96	-0.59	0.79	0.97	0.62	0.92		0.99	-0.33	-0.4	0.23	-0.45	0.18	0.01	0.16
Property Plant Equipment	0.95	0.83	0.89	0.96	0.95	0.1	0.94	0.89	0.91	-0.7	0.98	-0.49	0.75	0.94	0.69	0.86	0.99		-0.25	-0.28	0.16	-0.34	0.16	0.0	0.09
Long Term Debt	-0.43	-0.12	-0.44	-0.47	-0.48	0.81	-0.51	-0.53	-0.22	0.64	-0.11	0.9	-0.59	-0.53	0.52	-0.52	-0.33	-0.25		0.9	-0.93	0.47	-0.54	0.02	-0.5
Good Will	-0.5	-0.15	-0.5	-0.52	-0.51	0.87	-0.57	-0.6	-0.23	0.7	-0.15	0.96	-0.57	-0.59	0.41	-0.66	-0.4	-0.28	0.9		-0.8	0.69	-0.42	0.04	-0.55
Short Term Investments	0.31	0.05	0.31	0.35	0.41	-0.77	0.38	0.38	0.03	-0.55	0.0	-0.82	0.51	0.42	-0.59	0.41	0.23	0.16	-0.93	-0.8		-0.33	0.66	-0.19	0.73
Short Long Term Debt	-0.55	-0.27	-0.54	-0.55	-0.47	0.58	-0.58	-0.61	-0.26	0.57	-0.27	0.7	-0.59	-0.59	0.06	-0.74	-0.45	-0.34	0.47	0.69	-0.33		-0.49	-0.05	-0.24
Capital Stock	0.27	0.14	0.28	0.29	0.3	-0.49	0.3	0.29	-0.11	-0.38	0.03	-0.54	0.37	0.35	-0.34	0.39	0.18	0.16	-0.54	-0.42	0.66	-0.49		-0.47	0.62
Long Term Debt Total	0.04	-0.01	-0.04	0.06	0.01	0.08	0.05	0.09	0.34	0.05	0.07	0.12	0.36	0.0	0.07	0.02	0.01	0.0	0.02	0.04	-0.19	-0.05	-0.47		-0.63
Capital Surpluse	0.16	0.02	0.21	0.18	0.28	-0.52	0.2	0.18	-0.24	-0.37	-0.05	-0.58	0.19	0.25	-0.4	0.31	0.16	0.09	-0.5	-0.55	0.73	-0.24	0.62	-0.63

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 Brightspire Capital

In accordance with the company's disclosures, Brightspire Capital has a Z Score of 0.0. This is 100.0% lower than that of the Real Estate Management & Development sector and about the same as Real Estate (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.

Brightspire Z Score Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Brightspire Capital's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Brightspire Capital could also be used in its relative valuation, which is a method of valuing Brightspire Capital by comparing valuation metrics of similar companies.

Brightspire Capital is currently under evaluation in z score category among its peers.

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

Environmental

Governance

Social

Brightspire Capital Institutional Holders

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

		Shares
Federated Hermes Inc	2024-09-30	1.6 M
Charles Schwab Investment Management Inc	2024-09-30	1.4 M
Northern Trust Corp	2024-09-30	1.2 M
Van Eck Associates Corporation	2024-06-30	1.1 M
Hotchkis & Wiley Capital Management Llc	2024-09-30	1 M
Balyasny Asset Management Llc	2024-09-30	968.4 K
Greenland Capital Management Lp	2024-09-30	960 K
Norges Bank	2024-06-30	916.7 K
Alpine Partners Vi, Llc	2024-09-30	916.5 K
Vanguard Group Inc	2024-09-30	13 M
Blackrock Inc	2024-06-30	11.6 M

Brightspire Fundamentals

	Return On Equity	-0.11
	Return On Asset	0.0168
	Profit Margin	(0.34) %
	Operating Margin	0.65 %
	Current Valuation	3.14 B
	Shares Outstanding	129.69 M
	Shares Owned By Insiders	2.10 %
	Shares Owned By Institutions	65.85 %
	Number Of Shares Shorted	1.98 M
	Price To Earning	11.22 X
	Price To Book	0.74 X
	Price To Sales	2.14 X
	Revenue	392.11 M
	Gross Profit	269.76 M
	EBITDA	35.91 M
	Net Income	(15.62 M)
	Cash And Equivalents	317.74 M
	Cash Per Share	2.46 X
	Total Debt	2.74 B
	Debt To Equity	2.90 %
	Current Ratio	53.50 X
	Book Value Per Share	8.39 X
	Cash Flow From Operations	137.62 M
	Short Ratio	2.84 X
	Earnings Per Share	(1.02) X
	Target Price	7.6
	Number Of Employees	54
	Beta	1.93
	Market Capitalization	807.94 M
	Total Asset	4.2 B
	Retained Earnings	(1.59 B)
	Working Capital	3.13 B
	Annual Yield	0.10 %
	Net Asset	4.2 B
	Last Dividend Paid	0.76

About Brightspire Capital Fundamental Analysis

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

Pair Trading with Brightspire Capital

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Brightspire Capital position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Brightspire Capital will appreciate offsetting losses from the drop in the long position's value.

Moving together with Brightspire Stock

0.66

Zillow Group

Pair Corr

Moving against Brightspire Stock

0.83	O	Realty Income	Pair Corr
0.72	ADC-PA	Agree Realty	Pair Corr
0.71	CKX	CKX Lands	Pair Corr
0.59	BHM	Bluerock Homes Trust	Pair Corr
0.55	VICI	VICI Properties	Pair Corr

The ability to find closely correlated positions to Brightspire Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brightspire Capital when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Brightspire Capital - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Brightspire Capital to buy it.

The correlation of Brightspire Capital is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Brightspire Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brightspire Capital moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Brightspire Capital can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Brightspire Stock Analysis

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

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Brightspire Capital Stock Z Score

Brightspire Capital 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 )

Brightspire Z Score Driver Correlations

Brightspire Z Score Peer Comparison

Brightspire Capital ESG Sustainability

Brightspire Capital Institutional Holders

Brightspire Fundamentals

About Brightspire Capital Fundamental Analysis

Pair Trading with Brightspire Capital

Moving together with Brightspire Stock

Moving against Brightspire Stock

Additional Tools for Brightspire Stock Analysis

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