Integer Holdings Corp Stock Z Score

ITGR Stock

USD 138.11 2.23 1.64%

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 Integer Holdings Piotroski F Score and Integer Holdings Valuation analysis.

At this time, Integer Holdings' Capital Expenditures is relatively stable compared to the past year. As of 11/22/2024, Return On Capital Employed is likely to grow to 0.07, while Net Invested Capital is likely to drop slightly above 2.4 B. At this time, Integer Holdings' Net Income is relatively stable compared to the past year. As of 11/22/2024, Income Tax Expense is likely to grow to about 17.5 M, while Interest Expense is likely to drop slightly above 29.7 M.

Integer Holdings Corp Company Z Score Analysis

Integer Holdings' 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 )

Integer Z Score Driver Correlations

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

	Total Assets	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Long Term Debt	Good Will	Treasury Stock	Intangible Assets	Property Plant Equipment	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.69	0.41	0.91	0.46	0.68	0.76	0.93	0.94	0.66	0.9	0.88	1.0	-0.64	0.97	0.96	-0.18	0.83	0.91	0.89	0.83	0.64	-0.33	-0.05	-0.01
Total Stockholder Equity	0.69		-0.14	0.41	0.95	0.84	0.93	0.45	0.68	0.43	0.83	0.38	0.71	-0.8	0.63	0.61	0.44	0.38	0.87	0.68	0.79	0.51	-0.46	-0.04	-0.54
Current Deferred Revenue	0.41	-0.14		0.66	-0.35	0.19	0.13	0.65	0.48	0.09	0.18	0.71	0.39	0.3	0.4	0.53	-0.54	0.7	0.09	0.23	0.13	0.22	0.42	0.2	0.19
Net Debt	0.91	0.41	0.66		0.14	0.56	0.59	1.0	0.82	0.54	0.68	1.0	0.89	-0.43	0.93	0.92	-0.4	0.98	0.73	0.83	0.73	0.64	-0.08	0.02	0.04
Retained Earnings	0.46	0.95	-0.35	0.14		0.78	0.84	0.19	0.48	0.21	0.65	0.11	0.48	-0.73	0.38	0.39	0.67	0.12	0.71	0.48	0.6	0.27	-0.37	0.09	-0.64
Accounts Payable	0.68	0.84	0.19	0.56	0.78		0.97	0.59	0.77	0.1	0.74	0.55	0.69	-0.51	0.59	0.71	0.46	0.57	0.74	0.61	0.7	0.35	0.02	0.37	-0.63
Net Receivables	0.76	0.93	0.13	0.59	0.84	0.97		0.63	0.79	0.3	0.83	0.58	0.77	-0.67	0.69	0.75	0.39	0.59	0.85	0.7	0.81	0.48	-0.18	0.18	-0.58
Total Liab	0.93	0.45	0.65	1.0	0.19	0.59	0.63		0.86	0.57	0.73	0.99	0.92	-0.44	0.94	0.94	-0.38	0.97	0.76	0.85	0.74	0.65	-0.12	0.0	0.04
Total Current Assets	0.94	0.68	0.48	0.82	0.48	0.77	0.79	0.86		0.47	0.92	0.82	0.94	-0.45	0.84	0.95	-0.04	0.74	0.82	0.75	0.71	0.47	-0.13	0.15	-0.06
Short Term Debt	0.66	0.43	0.09	0.54	0.21	0.1	0.3	0.57	0.47		0.61	0.51	0.68	-0.64	0.73	0.52	-0.48	0.45	0.63	0.67	0.56	0.75	-0.8	-0.73	0.36
Common Stock	0.9	0.83	0.18	0.68	0.65	0.74	0.83	0.73	0.92	0.61		0.66	0.92	-0.65	0.82	0.85	0.03	0.6	0.9	0.79	0.81	0.61	-0.45	-0.1	-0.15
Long Term Debt	0.88	0.38	0.71	1.0	0.11	0.55	0.58	0.99	0.82	0.51	0.66		0.87	-0.36	0.9	0.91	-0.42	0.98	0.69	0.8	0.7	0.63	-0.04	0.03	0.04
Good Will	1.0	0.71	0.39	0.89	0.48	0.69	0.77	0.92	0.94	0.68	0.92	0.87		-0.65	0.96	0.96	-0.17	0.81	0.92	0.89	0.83	0.65	-0.36	-0.08	0.0
Treasury Stock	-0.64	-0.8	0.3	-0.43	-0.73	-0.51	-0.67	-0.44	-0.45	-0.64	-0.65	-0.36	-0.65		-0.7	-0.49	-0.2	-0.38	-0.87	-0.75	-0.81	-0.63	0.7	0.32	0.27
Intangible Assets	0.97	0.63	0.4	0.93	0.38	0.59	0.69	0.94	0.84	0.73	0.82	0.9	0.96	-0.7		0.91	-0.28	0.87	0.9	0.94	0.86	0.74	-0.41	-0.18	0.02
Property Plant Equipment	0.96	0.61	0.53	0.92	0.39	0.71	0.75	0.94	0.95	0.52	0.85	0.91	0.96	-0.49	0.91		-0.2	0.86	0.82	0.8	0.74	0.5	-0.12	0.12	-0.03
Net Tangible Assets	-0.18	0.44	-0.54	-0.4	0.67	0.46	0.39	-0.38	-0.04	-0.48	0.03	-0.42	-0.17	-0.2	-0.28	-0.2		-0.38	0.09	-0.15	0.03	-0.31	0.16	0.51	-0.69
Long Term Debt Total	0.83	0.38	0.7	0.98	0.12	0.57	0.59	0.97	0.74	0.45	0.6	0.98	0.81	-0.38	0.87	0.86	-0.38		0.67	0.8	0.72	0.66	-0.01	0.04	-0.09
Capital Surpluse	0.91	0.87	0.09	0.73	0.71	0.74	0.85	0.76	0.82	0.63	0.9	0.69	0.92	-0.87	0.9	0.82	0.09	0.67		0.89	0.93	0.69	-0.5	-0.1	-0.26
Deferred Long Term Liab	0.89	0.68	0.23	0.83	0.48	0.61	0.7	0.85	0.75	0.67	0.79	0.8	0.89	-0.75	0.94	0.8	-0.15	0.8	0.89		0.87	0.79	-0.47	-0.2	-0.16
Long Term Investments	0.83	0.79	0.13	0.73	0.6	0.7	0.81	0.74	0.71	0.56	0.81	0.7	0.83	-0.81	0.86	0.74	0.03	0.72	0.93	0.87		0.78	-0.47	-0.15	-0.35
Short Long Term Debt	0.64	0.51	0.22	0.64	0.27	0.35	0.48	0.65	0.47	0.75	0.61	0.63	0.65	-0.63	0.74	0.5	-0.31	0.66	0.69	0.79	0.78		-0.62	-0.54	-0.15
Net Invested Capital	-0.33	-0.46	0.42	-0.08	-0.37	0.02	-0.18	-0.12	-0.13	-0.8	-0.45	-0.04	-0.36	0.7	-0.41	-0.12	0.16	-0.01	-0.5	-0.47	-0.47	-0.62		0.84	-0.15
Net Working Capital	-0.05	-0.04	0.2	0.02	0.09	0.37	0.18	0.0	0.15	-0.73	-0.1	0.03	-0.08	0.32	-0.18	0.12	0.51	0.04	-0.1	-0.2	-0.15	-0.54	0.84		-0.38
Capital Stock	-0.01	-0.54	0.19	0.04	-0.64	-0.63	-0.58	0.04	-0.06	0.36	-0.15	0.04	0.0	0.27	0.02	-0.03	-0.69	-0.09	-0.26	-0.16	-0.35	-0.15	-0.15	-0.38

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 Integer Holdings

According to the company's disclosures, Integer Holdings Corp has a Z Score of 0.0. This is 100.0% lower than that of the Health Care Equipment & Supplies sector and 100.0% lower than that of the Health Care industry. The z score for all United States stocks is 100.0% higher than that of the company.

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

Environmental

Governance

Social

Integer Holdings Institutional Holders

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

		Shares
Franklin Resources Inc	2024-06-30	953.3 K
Ameriprise Financial Inc	2024-06-30	873.7 K
Silvercrest Asset Management Group Llc	2024-06-30	824.6 K
Geode Capital Management, Llc	2024-06-30	755.1 K
Fmr Inc	2024-09-30	654 K
Channing Capital Management, Llc	2024-09-30	646.8 K
Victory Capital Management Inc.	2024-09-30	627.9 K
Goldman Sachs Group Inc	2024-06-30	582.9 K
Loomis, Sayles & Company Lp	2024-06-30	522.6 K
Blackrock Inc	2024-06-30	5.3 M
Vanguard Group Inc	2024-09-30	3.8 M

Integer Fundamentals

	Return On Equity	0.0755
	Return On Asset	0.0459
	Profit Margin	0.07 %
	Operating Margin	0.14 %
	Current Valuation	5.69 B
	Shares Outstanding	33.54 M
	Shares Owned By Insiders	1.52 %
	Shares Owned By Institutions	98.48 %
	Number Of Shares Shorted	2.15 M
	Price To Earning	35.01 X
	Price To Book	2.81 X
	Price To Sales	2.66 X
	Revenue	1.6 B
	Gross Profit	359.01 M
	EBITDA	282.06 M
	Net Income	90.65 M
	Cash And Equivalents	15.59 M
	Cash Per Share	0.47 X
	Total Debt	1.05 B
	Debt To Equity	0.75 %
	Current Ratio	2.70 X
	Book Value Per Share	48.33 X
	Cash Flow From Operations	180.21 M
	Short Ratio	8.10 X
	Earnings Per Share	3.33 X
	Price To Earnings To Growth	0.86 X
	Target Price	140.88
	Number Of Employees	10.5 K
	Beta	1.09
	Market Capitalization	4.56 B
	Total Asset	2.94 B
	Retained Earnings	771.35 M
	Working Capital	396.7 M
	Current Asset	574.6 M
	Current Liabilities	213.84 M
	Net Asset	2.94 B

About Integer Holdings Fundamental Analysis

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

Pair Trading with Integer Holdings

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 Integer Holdings 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 Integer Holdings will appreciate offsetting losses from the drop in the long position's value.

Moving together with Integer Stock

0.79

DOCS

Doximity

Pair Corr

Moving against Integer Stock

0.7	EVH	Evolent Health	Pair Corr
0.65	AMN	AMN Healthcare Services	Pair Corr
0.61	AGL	agilon health	Pair Corr
0.52	PHG	Koninklijke Philips	Pair Corr
0.46	FORA	Forian Inc	Pair Corr

The ability to find closely correlated positions to Integer Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Integer Holdings 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 Integer Holdings - 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 Integer Holdings Corp to buy it.

The correlation of Integer Holdings 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 Integer Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Integer Holdings Corp 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 Integer Holdings 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 Integer Stock Analysis

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

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Integer Holdings Corp Stock Z Score

Integer Holdings 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 )

Integer Z Score Driver Correlations

Integer Holdings ESG Sustainability

Integer Holdings Institutional Holders

Integer Fundamentals

About Integer Holdings Fundamental Analysis

Pair Trading with Integer Holdings

Moving together with Integer Stock

Moving against Integer Stock

Additional Tools for Integer Stock Analysis

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