Equinix Stock Z Score

EQIX Stock

USD 923.60 4.66 0.51%

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 Equinix Piotroski F Score and Equinix Valuation analysis.

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

At this time, Equinix's Capital Surpluse is fairly stable compared to the past year. Capital Stock is likely to rise to about 98.1 K in 2024, whereas Capital Lease Obligations is likely to drop slightly above 2.3 B in 2024. At this time, Equinix's Selling General Administrative is fairly stable compared to the past year. Income Before Tax is likely to rise to about 1.2 B in 2024, whereas Interest Expense is likely to drop slightly above 218.3 M in 2024.

Equinix Company Z Score Analysis

Equinix'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 )

Equinix Z Score Driver Correlations

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

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Short Term Investments	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Property Plant Equipment	Long Term Debt	Current Deferred Revenue	Intangible Assets	Good Will	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Long Term Investments	Treasury Stock	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		1.0	1.0	-0.98	0.6	0.95	-0.47	1.0	0.86	0.66	0.81	0.99	0.99	0.16	0.85	0.97	0.78	0.89	0.99	0.89	0.57	-0.62	0.48	0.9	-0.3	0.88
Total Stockholder Equity	1.0		0.99	-0.97	0.59	0.94	-0.46	0.99	0.84	0.63	0.8	0.99	0.99	0.16	0.85	0.97	0.79	0.88	0.99	0.9	0.59	-0.62	0.45	0.91	-0.29	0.9
Net Debt	1.0	0.99		-0.97	0.61	0.95	-0.45	1.0	0.84	0.63	0.82	0.99	1.0	0.16	0.86	0.98	0.75	0.9	0.98	0.89	0.57	-0.64	0.46	0.89	-0.32	0.87
Retained Earnings	-0.98	-0.97	-0.97		-0.55	-0.95	0.52	-0.98	-0.89	-0.65	-0.8	-0.98	-0.98	-0.14	-0.81	-0.95	-0.77	-0.9	-0.99	-0.89	-0.52	0.57	-0.49	-0.9	0.25	-0.88
Accounts Payable	0.6	0.59	0.61	-0.55		0.35	-0.37	0.6	0.49	0.06	0.71	0.56	0.64	0.04	0.77	0.66	0.23	0.67	0.52	0.36	0.01	-0.49	-0.07	0.42	0.05	0.31
Net Receivables	0.95	0.94	0.95	-0.95	0.35		-0.46	0.95	0.83	0.74	0.7	0.95	0.94	0.1	0.74	0.91	0.76	0.82	0.96	0.89	0.61	-0.57	0.61	0.86	-0.42	0.88
Short Term Investments	-0.47	-0.46	-0.45	0.52	-0.37	-0.46		-0.47	-0.4	-0.36	-0.35	-0.43	-0.47	0.47	-0.56	-0.53	-0.2	-0.51	-0.51	-0.4	0.06	0.33	-0.4	-0.33	0.3	-0.3
Total Liab	1.0	0.99	1.0	-0.98	0.6	0.95	-0.47		0.88	0.67	0.82	0.99	0.99	0.15	0.85	0.97	0.76	0.9	0.98	0.88	0.56	-0.62	0.51	0.89	-0.31	0.87
Total Current Assets	0.86	0.84	0.84	-0.89	0.49	0.83	-0.4	0.88		0.79	0.72	0.86	0.85	0.21	0.62	0.76	0.75	0.75	0.84	0.75	0.47	-0.35	0.67	0.77	-0.14	0.79
Short Term Debt	0.66	0.63	0.63	-0.65	0.06	0.74	-0.36	0.67	0.79		0.4	0.65	0.61	0.13	0.39	0.54	0.63	0.47	0.66	0.67	0.46	-0.19	0.96	0.61	-0.54	0.66
Common Stock	0.81	0.8	0.82	-0.8	0.71	0.7	-0.35	0.82	0.72	0.4		0.8	0.83	0.27	0.8	0.84	0.43	0.91	0.74	0.53	0.24	-0.71	0.23	0.65	-0.15	0.52
Property Plant Equipment	0.99	0.99	0.99	-0.98	0.56	0.95	-0.43	0.99	0.86	0.65	0.8		0.99	0.15	0.81	0.96	0.81	0.88	0.99	0.9	0.62	-0.59	0.47	0.92	-0.29	0.9
Long Term Debt	0.99	0.99	1.0	-0.98	0.64	0.94	-0.47	0.99	0.85	0.61	0.83	0.99		0.15	0.88	0.98	0.72	0.92	0.98	0.87	0.53	-0.65	0.45	0.88	-0.3	0.85
Current Deferred Revenue	0.16	0.16	0.16	-0.14	0.04	0.1	0.47	0.15	0.21	0.13	0.27	0.15	0.15		0.09	0.14	0.13	0.12	0.12	0.08	0.18	-0.3	-0.07	0.17	0.11	0.13
Intangible Assets	0.85	0.85	0.86	-0.81	0.77	0.74	-0.56	0.85	0.62	0.39	0.8	0.81	0.88	0.09		0.93	0.36	0.87	0.82	0.62	0.19	-0.79	0.25	0.62	-0.37	0.55
Good Will	0.97	0.97	0.98	-0.95	0.66	0.91	-0.53	0.97	0.76	0.54	0.84	0.96	0.98	0.14	0.93		0.63	0.92	0.96	0.81	0.44	-0.75	0.37	0.82	-0.34	0.78
Net Tangible Assets	0.78	0.79	0.75	-0.77	0.23	0.76	-0.2	0.76	0.75	0.63	0.43	0.81	0.72	0.13	0.36	0.63		0.55	0.81	0.9	0.82	-0.12	0.48	0.92	-0.04	0.97
Long Term Debt Total	0.89	0.88	0.9	-0.9	0.67	0.82	-0.51	0.9	0.75	0.47	0.91	0.88	0.92	0.12	0.87	0.92	0.55		0.87	0.73	0.36	-0.65	0.33	0.8	-0.25	0.66
Capital Surpluse	0.99	0.99	0.98	-0.99	0.52	0.96	-0.51	0.98	0.84	0.66	0.74	0.99	0.98	0.12	0.82	0.96	0.81	0.87		0.93	0.59	-0.58	0.5	0.92	-0.31	0.92
Deferred Long Term Liab	0.89	0.9	0.89	-0.89	0.36	0.89	-0.4	0.88	0.75	0.67	0.53	0.9	0.87	0.08	0.62	0.81	0.9	0.73	0.93		0.71	-0.34	0.53	0.96	-0.3	0.96
Long Term Investments	0.57	0.59	0.57	-0.52	0.01	0.61	0.06	0.56	0.47	0.46	0.24	0.62	0.53	0.18	0.19	0.44	0.82	0.36	0.59	0.71		-0.17	0.33	0.72	-0.08	0.78
Treasury Stock	-0.62	-0.62	-0.64	0.57	-0.49	-0.57	0.33	-0.62	-0.35	-0.19	-0.71	-0.59	-0.65	-0.3	-0.79	-0.75	-0.12	-0.65	-0.58	-0.34	-0.17		-0.03	-0.36	0.29	-0.31
Short Long Term Debt	0.48	0.45	0.46	-0.49	-0.07	0.61	-0.4	0.51	0.67	0.96	0.23	0.47	0.45	-0.07	0.25	0.37	0.48	0.33	0.5	0.53	0.33	-0.03		0.43	-0.59	0.5
Net Invested Capital	0.9	0.91	0.89	-0.9	0.42	0.86	-0.33	0.89	0.77	0.61	0.65	0.92	0.88	0.17	0.62	0.82	0.92	0.8	0.92	0.96	0.72	-0.36	0.43		-0.16	0.95
Net Working Capital	-0.3	-0.29	-0.32	0.25	0.05	-0.42	0.3	-0.31	-0.14	-0.54	-0.15	-0.29	-0.3	0.11	-0.37	-0.34	-0.04	-0.25	-0.31	-0.3	-0.08	0.29	-0.59	-0.16		-0.17
Capital Stock	0.88	0.9	0.87	-0.88	0.31	0.88	-0.3	0.87	0.79	0.66	0.52	0.9	0.85	0.13	0.55	0.78	0.97	0.66	0.92	0.96	0.78	-0.31	0.5	0.95	-0.17

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 Equinix

According to the company's disclosures, Equinix has a Z Score of 0.0. This is 100.0% lower than that of the Specialized REITs 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.

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

Environmental

Governance

Social

Equinix Institutional Holders

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

		Shares
Norges Bank	2024-06-30	1.4 M
Apg Investments Us Inc	2024-06-30	1.4 M
Legal & General Group Plc	2024-06-30	1.3 M
Dimensional Fund Advisors, Inc.	2024-09-30	1.3 M
Charles Schwab Investment Management Inc	2024-09-30	1.1 M
Bank Of America Corp	2024-06-30	1.1 M
Pictet Asset Manangement Sa	2024-06-30	1.1 M
Jpmorgan Chase & Co	2024-06-30	1.1 M
Ubs Asset Mgmt Americas Inc	2024-09-30	1.1 M
Vanguard Group Inc	2024-09-30	12.6 M
Blackrock Inc	2024-06-30	9.9 M

Equinix Fundamentals

	Return On Equity	0.0827
	Return On Asset	0.0256
	Profit Margin	0.13 %
	Operating Margin	0.16 %
	Current Valuation	105.02 B
	Shares Outstanding	96.49 M
	Shares Owned By Insiders	0.29 %
	Shares Owned By Institutions	98.17 %
	Number Of Shares Shorted	1.34 M
	Price To Earning	87.82 X
	Price To Book	6.55 X
	Price To Sales	10.55 X
	Revenue	8.19 B
	Gross Profit	2.97 B
	EBITDA	2.01 B
	Net Income	969.18 M
	Cash And Equivalents	2.5 B
	Cash Per Share	27.02 X
	Total Debt	17.46 B
	Debt To Equity	1.44 %
	Current Ratio	2.37 X
	Book Value Per Share	140.83 X
	Cash Flow From Operations	3.34 B
	Short Ratio	3.24 X
	Earnings Per Share	11.08 X
	Price To Earnings To Growth	5.26 X
	Target Price	980.83
	Number Of Employees	13.15 K
	Beta	0.7
	Market Capitalization	88.67 B
	Total Asset	32.65 B
	Retained Earnings	(4.76 B)
	Working Capital	405.45 M
	Current Asset	63.49 M
	Current Liabilities	46.17 M
	Annual Yield	0.02 %
	Five Year Return	1.74 %
	Net Asset	32.65 B
	Last Dividend Paid	17.04

About Equinix Fundamental Analysis

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

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

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Equinix Stock Z Score

Equinix 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 )

Equinix Z Score Driver Correlations

Equinix ESG Sustainability

Equinix Institutional Holders

Equinix Fundamentals

About Equinix Fundamental Analysis

Also Currently Popular

Additional Tools for Equinix Stock Analysis

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