Clarus Corp Stock Z Score

CLAR Stock

USD 4.38 0.10 2.34%

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 Clarus Corp Piotroski F Score and Clarus Corp Valuation analysis.

To learn how to invest in Clarus Stock, please use our How to Invest in Clarus Corp guide.

At this time, Clarus Corp's Net Working Capital is relatively stable compared to the past year. As of 11/22/2024, Change In Working Capital is likely to grow to about 20.6 M, while Net Invested Capital is likely to drop slightly above 341 M. At this time, Clarus Corp's Depreciation And Amortization is relatively stable compared to the past year. As of 11/22/2024, Selling General Administrative is likely to grow to about 113.4 M, while Total Revenue is likely to drop slightly above 166.8 M.

Clarus Corp Company Z Score Analysis

Clarus 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 )

Clarus Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Clarus Corp is extremely important. It helps to project a fair market value of Clarus Stock properly, considering its historical fundamentals such as Z Score. Since Clarus 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 Clarus 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 Clarus 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	Intangible Assets	Common Stock	Current Deferred Revenue	Net Tangible Assets	Long Term Debt	Good Will	Deferred Long Term Liab	Short Long Term Debt	Treasury Stock	Property Plant Equipment	Long Term Debt Total	Capital Surpluse	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.85	0.83	-0.55	0.55	0.88	0.96	0.84	0.52	0.84	0.71	0.34	0.03	0.92	0.79	0.88	0.5	-0.55	0.84	0.86	0.83	0.89	0.84	0.78
Total Stockholder Equity	0.85		0.59	-0.46	0.84	0.79	0.71	0.58	0.15	0.88	0.75	0.01	0.27	0.62	0.85	0.56	0.17	-0.37	0.54	0.51	0.73	0.69	0.62	0.54
Net Debt	0.83	0.59		-0.37	0.23	0.73	0.87	0.62	0.53	0.72	0.53	0.57	-0.31	0.92	0.69	0.83	0.52	-0.53	0.88	0.89	0.72	0.83	0.82	0.77
Retained Earnings	-0.55	-0.46	-0.37		-0.34	-0.62	-0.48	-0.73	-0.53	-0.29	-0.59	-0.24	-0.49	-0.51	-0.1	-0.51	-0.5	0.66	-0.68	-0.41	-0.56	-0.38	-0.44	-0.47
Accounts Payable	0.55	0.84	0.23	-0.34		0.64	0.35	0.27	-0.22	0.7	0.53	-0.22	0.4	0.22	0.68	0.17	-0.2	-0.23	0.17	0.08	0.4	0.34	0.31	0.13
Net Receivables	0.88	0.79	0.73	-0.62	0.64		0.8	0.76	0.46	0.74	0.78	0.47	0.1	0.77	0.66	0.72	0.43	-0.7	0.79	0.68	0.76	0.76	0.72	0.75
Total Liab	0.96	0.71	0.87	-0.48	0.35	0.8		0.84	0.57	0.8	0.68	0.52	-0.18	0.97	0.71	0.95	0.53	-0.62	0.88	0.95	0.86	0.97	0.93	0.85
Total Current Assets	0.84	0.58	0.62	-0.73	0.27	0.76	0.84		0.8	0.46	0.69	0.44	0.2	0.85	0.33	0.89	0.75	-0.63	0.88	0.83	0.82	0.76	0.73	0.8
Short Term Debt	0.52	0.15	0.53	-0.53	-0.22	0.46	0.57	0.8		0.06	0.38	0.48	0.01	0.72	-0.01	0.75	0.98	-0.39	0.78	0.74	0.57	0.47	0.4	0.68
Intangible Assets	0.84	0.88	0.72	-0.29	0.7	0.74	0.8	0.46	0.06		0.67	0.24	-0.17	0.68	0.93	0.62	0.04	-0.48	0.55	0.61	0.73	0.82	0.76	0.57
Common Stock	0.71	0.75	0.53	-0.59	0.53	0.78	0.68	0.69	0.38	0.67		0.46	0.13	0.62	0.46	0.62	0.31	-0.72	0.68	0.56	0.9	0.72	0.69	0.8
Current Deferred Revenue	0.34	0.01	0.57	-0.24	-0.22	0.47	0.52	0.44	0.48	0.24	0.46		-0.5	0.56	0.05	0.56	0.35	-0.78	0.65	0.6	0.53	0.61	0.64	0.72
Net Tangible Assets	0.03	0.27	-0.31	-0.49	0.4	0.1	-0.18	0.2	0.01	-0.17	0.13	-0.5		-0.17	-0.15	-0.18	0.09	0.11	-0.07	-0.28	-0.04	-0.28	-0.25	-0.14
Long Term Debt	0.92	0.62	0.92	-0.51	0.22	0.77	0.97	0.85	0.72	0.68	0.62	0.56	-0.17		0.6	0.96	0.69	-0.59	0.95	0.98	0.83	0.91	0.87	0.87
Good Will	0.79	0.85	0.69	-0.1	0.68	0.66	0.71	0.33	-0.01	0.93	0.46	0.05	-0.15	0.6		0.51	0.02	-0.21	0.42	0.53	0.53	0.69	0.61	0.43
Deferred Long Term Liab	0.88	0.56	0.83	-0.51	0.17	0.72	0.95	0.89	0.75	0.62	0.62	0.56	-0.18	0.96	0.51		0.7	-0.61	0.92	0.97	0.85	0.9	0.87	0.84
Short Long Term Debt	0.5	0.17	0.52	-0.5	-0.2	0.43	0.53	0.75	0.98	0.04	0.31	0.35	0.09	0.69	0.02	0.7		-0.26	0.74	0.7	0.51	0.4	0.32	0.61
Treasury Stock	-0.55	-0.37	-0.53	0.66	-0.23	-0.7	-0.62	-0.63	-0.39	-0.48	-0.72	-0.78	0.11	-0.59	-0.21	-0.61	-0.26		-0.71	-0.56	-0.7	-0.68	-0.74	-0.71
Property Plant Equipment	0.84	0.54	0.88	-0.68	0.17	0.79	0.88	0.88	0.78	0.55	0.68	0.65	-0.07	0.95	0.42	0.92	0.74	-0.71		0.92	0.84	0.82	0.83	0.88
Long Term Debt Total	0.86	0.51	0.89	-0.41	0.08	0.68	0.95	0.83	0.74	0.61	0.56	0.6	-0.28	0.98	0.53	0.97	0.7	-0.56	0.92		0.81	0.91	0.87	0.87
Capital Surpluse	0.83	0.73	0.72	-0.56	0.4	0.76	0.86	0.82	0.57	0.73	0.9	0.53	-0.04	0.83	0.53	0.85	0.51	-0.7	0.84	0.81		0.89	0.83	0.87
Net Invested Capital	0.89	0.69	0.83	-0.38	0.34	0.76	0.97	0.76	0.47	0.82	0.72	0.61	-0.28	0.91	0.69	0.9	0.4	-0.68	0.82	0.91	0.89		0.95	0.86
Net Working Capital	0.84	0.62	0.82	-0.44	0.31	0.72	0.93	0.73	0.4	0.76	0.69	0.64	-0.25	0.87	0.61	0.87	0.32	-0.74	0.83	0.87	0.83	0.95		0.82
Capital Stock	0.78	0.54	0.77	-0.47	0.13	0.75	0.85	0.8	0.68	0.57	0.8	0.72	-0.14	0.87	0.43	0.84	0.61	-0.71	0.88	0.87	0.87	0.86	0.82

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 Clarus Corp

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

Clarus Z Score Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Clarus Corp'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 Clarus Corp could also be used in its relative valuation, which is a method of valuing Clarus Corp by comparing valuation metrics of similar companies.

Clarus Corp is currently under evaluation in z score category among its peers.

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

Environmental

Governance

Social

Clarus Corp Institutional Holders

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

		Shares
Morgan Stanley - Brokerage Accounts	2024-06-30	386 K
Brown Advisory Holdings Inc	2024-09-30	358.4 K
Bridgeway Capital Management, Llc	2024-06-30	289.9 K
Bank Of New York Mellon Corp	2024-06-30	285.1 K
Stifel Financial Corp	2024-06-30	262.7 K
Northern Trust Corp	2024-09-30	262.4 K
Royce & Associates, Lp	2024-09-30	254.9 K
Builder Investment Group Inc	2024-09-30	254.3 K
D. E. Shaw & Co Lp	2024-06-30	189.6 K
Greenhouse Funds Lllp	2024-06-30	5.3 M
Arrowmark Colorado Holdings, Llc (arrowmark Partners)	2024-06-30	2.3 M

Clarus Fundamentals

	Return On Equity	-0.0745
	Return On Asset	-0.0358
	Profit Margin	0.02 %
	Operating Margin	(0.07) %
	Current Valuation	146.12 M
	Shares Outstanding	38.36 M
	Shares Owned By Insiders	8.66 %
	Shares Owned By Institutions	79.24 %
	Number Of Shares Shorted	1.37 M
	Price To Earning	43.72 X
	Price To Book	0.54 X
	Price To Sales	0.62 X
	Revenue	286.02 M
	Gross Profit	163.69 M
	EBITDA	1.49 M
	Net Income	(10.15 M)
	Cash And Equivalents	13.89 M
	Cash Per Share	0.37 X
	Total Debt	136 M
	Debt To Equity	0.45 %
	Current Ratio	3.63 X
	Book Value Per Share	8.04 X
	Cash Flow From Operations	31.92 M
	Short Ratio	6.95 X
	Earnings Per Share	(0.58) X
	Price To Earnings To Growth	6.05 X
	Target Price	5.21
	Number Of Employees	500
	Beta	0.83
	Market Capitalization	168.03 M
	Total Asset	495.34 M
	Retained Earnings	(350.74 M)
	Working Capital	128.81 M
	Current Asset	21.6 M
	Current Liabilities	97.57 M
	Annual Yield	0.02 %
	Net Asset	495.34 M
	Last Dividend Paid	0.1

About Clarus Corp Fundamental Analysis

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

Additional Tools for Clarus Stock Analysis

When running Clarus Corp's price analysis, check to measure Clarus 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 Clarus Corp is operating at the current time. Most of Clarus Corp's value examination focuses on studying past and present price action to predict the probability of Clarus 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 Clarus Corp's price. Additionally, you may evaluate how the addition of Clarus Corp 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

Clarus Corp Stock Z Score

Clarus 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 )

Clarus Z Score Driver Correlations

Clarus Z Score Peer Comparison

Clarus Corp ESG Sustainability

Clarus Corp Institutional Holders

Clarus Fundamentals

About Clarus Corp Fundamental Analysis

Additional Tools for Clarus Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY