| EXEEZ Stock | | | 85.22 10.49 14.04% |
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
Expand Energy Piotroski F Score and
Expand Energy Valuation analysis.
For more information on how to buy Expand Stock please use our
How to Invest in Expand Energy guide.
Net Working Capital is likely to rise to about 1.4
B in 2024, whereas
Capital Lease Obligations is likely to drop slightly above 61.3
M in 2024. At this time, Expand Energy's
Tax Provision is fairly stable compared to the past year.
Total Revenue is likely to rise to about 9.1
B in 2024, whereas
Net Interest Income is likely to drop (108.2
M) in 2024.
Expand Energy Company Z Score Analysis
Expand Energy'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 ) |
|
Expand Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for Expand Energy is extremely important. It helps to project a fair market value of Expand Stock properly, considering its historical
fundamentals such as Z Score. Since Expand Energy'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 Expand Energy'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 Expand Energy'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.
According to the company's disclosures, Expand Energy has a Z Score of 0.0. This is 100.0% lower than that of the Energy sector and 100.0% lower than that of the
Oil & Gas E&P industry. The z score for all United States stocks is 100.0% higher than that of the company.
| | Stocks DirectoryFind actively traded stocks across global markets |
Expand Fundamentals
About Expand Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Expand Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Expand Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at
the intrinsic value of Expand Energy 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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Expand Stock Analysis
When running Expand Energy's price analysis, check to
measure Expand Energy'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 Expand Energy is operating at the current time. Most of Expand Energy's value examination focuses on studying past and present price action to
predict the probability of Expand Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Expand Energy's price. Additionally, you may evaluate how the addition of Expand Energy to your portfolios can decrease your overall portfolio volatility.