Linde Plc Ordinary Stock Z Score

LIN Stock

USD 446.38 8.06 1.84%

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 Linde Plc Piotroski F Score and Linde Plc Valuation analysis.

At this time, Linde Plc's Capital Expenditures is very stable compared to the past year. As of the 30th of January 2025, Issuance Of Capital Stock is likely to grow to about 42.5 M, while Capital Surpluse is likely to drop about 29.3 B. At this time, Linde Plc's EBIT is very stable compared to the past year. As of the 30th of January 2025, EBITDA is likely to grow to about 14.8 B, though Total Other Income Expense Net is likely to grow to (39.3 M).

Linde plc Ordinary Company Z Score Analysis

Linde Plc'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 )

Linde Z Score Driver Correlations

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

	Total Assets	Total Stockholder Equity	Net Debt	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Retained Earnings	Intangible Assets	Common Stock	Long Term Debt	Treasury Stock	Property Plant Equipment	Current Deferred Revenue	Good Will	Short Term Investments	Deferred Long Term Liab	Net Tangible Assets	Long Term Investments	Short Long Term Debt	Long Term Debt Total	Capital Surpluse	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.99	0.82	0.99	0.98	0.98	0.97	0.88	0.5	0.99	-0.91	0.89	-0.24	0.88	0.41	0.99	0.86	0.75	0.57	0.93	0.89	0.91	0.97	0.89	0.99	-0.44	-0.44
Total Stockholder Equity	0.99		0.76	0.99	0.96	0.96	0.96	0.84	0.51	1.0	-0.92	0.84	-0.16	0.9	0.39	0.99	0.84	0.75	0.62	0.92	0.85	0.9	0.97	0.86	0.99	-0.41	-0.38
Net Debt	0.82	0.76		0.82	0.89	0.9	0.81	0.88	0.34	0.73	-0.59	0.98	-0.61	0.61	0.45	0.81	0.79	0.57	0.18	0.73	0.88	0.76	0.72	0.76	0.75	-0.53	-0.66
Accounts Payable	0.99	0.99	0.82		0.99	0.98	0.95	0.87	0.52	0.98	-0.89	0.88	-0.3	0.87	0.46	0.99	0.88	0.71	0.53	0.94	0.89	0.9	0.96	0.87	0.98	-0.49	-0.44
Net Receivables	0.98	0.96	0.89	0.99		1.0	0.96	0.93	0.45	0.95	-0.87	0.93	-0.37	0.82	0.45	0.98	0.89	0.68	0.46	0.92	0.93	0.91	0.94	0.89	0.96	-0.51	-0.53
Total Liab	0.98	0.96	0.9	0.98	1.0		0.96	0.93	0.46	0.95	-0.86	0.95	-0.39	0.82	0.45	0.98	0.9	0.7	0.43	0.92	0.94	0.91	0.93	0.9	0.96	-0.53	-0.52
Total Current Assets	0.97	0.96	0.81	0.95	0.96	0.96		0.88	0.43	0.94	-0.87	0.89	-0.2	0.82	0.37	0.96	0.76	0.76	0.6	0.88	0.89	0.92	0.92	0.91	0.96	-0.29	-0.47
Short Term Debt	0.88	0.84	0.88	0.87	0.93	0.93	0.88		0.22	0.83	-0.83	0.89	-0.46	0.63	0.32	0.9	0.9	0.5	0.21	0.86	1.0	0.88	0.84	0.9	0.86	-0.62	-0.64
Retained Earnings	0.5	0.51	0.34	0.52	0.45	0.46	0.43	0.22		0.5	-0.28	0.43	-0.29	0.69	0.81	0.45	0.34	0.58	0.36	0.5	0.25	0.34	0.52	0.37	0.47	-0.18	0.26
Intangible Assets	0.99	1.0	0.73	0.98	0.95	0.95	0.94	0.83	0.5		-0.93	0.82	-0.13	0.9	0.35	0.99	0.85	0.76	0.62	0.92	0.85	0.89	0.97	0.86	0.99	-0.42	-0.36
Common Stock	-0.91	-0.92	-0.59	-0.89	-0.87	-0.86	-0.87	-0.83	-0.28	-0.93		-0.69	0.06	-0.77	-0.18	-0.93	-0.84	-0.6	-0.51	-0.91	-0.84	-0.88	-0.93	-0.86	-0.94	0.47	0.36
Long Term Debt	0.89	0.84	0.98	0.88	0.93	0.95	0.89	0.89	0.43	0.82	-0.69		-0.52	0.7	0.47	0.88	0.79	0.7	0.31	0.79	0.9	0.83	0.8	0.82	0.84	-0.46	-0.6
Treasury Stock	-0.24	-0.16	-0.61	-0.3	-0.37	-0.39	-0.2	-0.46	-0.29	-0.13	0.06	-0.52		-0.11	-0.67	-0.26	-0.49	0.01	0.53	-0.37	-0.45	-0.25	-0.22	-0.32	-0.17	0.7	0.28
Property Plant Equipment	0.88	0.9	0.61	0.87	0.82	0.82	0.82	0.63	0.69	0.9	-0.77	0.7	-0.11		0.54	0.86	0.69	0.76	0.61	0.87	0.66	0.82	0.93	0.81	0.9	-0.3	-0.01
Current Deferred Revenue	0.41	0.39	0.45	0.46	0.45	0.45	0.37	0.32	0.81	0.35	-0.18	0.47	-0.67	0.54		0.38	0.39	0.28	0.0	0.54	0.32	0.38	0.45	0.44	0.38	-0.39	0.14
Good Will	0.99	0.99	0.81	0.99	0.98	0.98	0.96	0.9	0.45	0.99	-0.93	0.88	-0.26	0.86	0.38		0.9	0.71	0.51	0.94	0.91	0.92	0.97	0.89	0.99	-0.51	-0.46
Short Term Investments	0.86	0.84	0.79	0.88	0.89	0.9	0.76	0.9	0.34	0.85	-0.84	0.79	-0.49	0.69	0.39	0.9		0.43	0.15	0.89	0.9	0.81	0.86	0.79	0.86	-0.82	-0.5
Deferred Long Term Liab	0.75	0.75	0.57	0.71	0.68	0.7	0.76	0.5	0.58	0.76	-0.6	0.7	0.01	0.76	0.28	0.71	0.43		0.69	0.6	0.55	0.63	0.7	0.62	0.73	0.04	-0.17
Net Tangible Assets	0.57	0.62	0.18	0.53	0.46	0.43	0.6	0.21	0.36	0.62	-0.51	0.31	0.53	0.61	0.0	0.51	0.15	0.69		0.37	0.24	0.39	0.52	0.34	0.57	0.39	-0.06
Long Term Investments	0.93	0.92	0.73	0.94	0.92	0.92	0.88	0.86	0.5	0.92	-0.91	0.79	-0.37	0.87	0.54	0.94	0.89	0.6	0.37		0.87	0.93	0.98	0.93	0.95	-0.6	-0.28
Short Long Term Debt	0.89	0.85	0.88	0.89	0.93	0.94	0.89	1.0	0.25	0.85	-0.84	0.9	-0.45	0.66	0.32	0.91	0.9	0.55	0.24	0.87		0.88	0.85	0.91	0.88	-0.61	-0.62
Long Term Debt Total	0.91	0.9	0.76	0.9	0.91	0.91	0.92	0.88	0.34	0.89	-0.88	0.83	-0.25	0.82	0.38	0.92	0.81	0.63	0.39	0.93	0.88		0.94	0.96	0.93	-0.44	-0.4
Capital Surpluse	0.97	0.97	0.72	0.96	0.94	0.93	0.92	0.84	0.52	0.97	-0.93	0.8	-0.22	0.93	0.45	0.97	0.86	0.7	0.52	0.98	0.85	0.94		0.93	0.99	-0.48	-0.26
Cash And Equivalents	0.89	0.86	0.76	0.87	0.89	0.9	0.91	0.9	0.37	0.86	-0.86	0.82	-0.32	0.81	0.44	0.89	0.79	0.62	0.34	0.93	0.91	0.96	0.93		0.91	-0.45	-0.31
Net Invested Capital	0.99	0.99	0.75	0.98	0.96	0.96	0.96	0.86	0.47	0.99	-0.94	0.84	-0.17	0.9	0.38	0.99	0.86	0.73	0.57	0.95	0.88	0.93	0.99	0.91		-0.44	-0.36
Net Working Capital	-0.44	-0.41	-0.53	-0.49	-0.51	-0.53	-0.29	-0.62	-0.18	-0.42	0.47	-0.46	0.7	-0.3	-0.39	-0.51	-0.82	0.04	0.39	-0.6	-0.61	-0.44	-0.48	-0.45	-0.44		0.31
Capital Stock	-0.44	-0.38	-0.66	-0.44	-0.53	-0.52	-0.47	-0.64	0.26	-0.36	0.36	-0.6	0.28	-0.01	0.14	-0.46	-0.5	-0.17	-0.06	-0.28	-0.62	-0.4	-0.26	-0.31	-0.36	0.31

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 Linde Plc

Based on the company's disclosures, Linde plc Ordinary has a Z Score of 0.0. This is 100.0% lower than that of the Chemicals sector and 100.0% lower than that of the Materials industry. The z score for all United States stocks is 100.0% higher than that of the company.

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

Environmental

Governance

Social

Linde Plc Institutional Holders

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

		Shares
Morgan Stanley - Brokerage Accounts	2024-09-30	7.9 M
Norges Bank	2024-06-30	7.2 M
Bank Of New York Mellon Corp	2024-09-30	6.9 M
Wellington Management Company Llp	2024-09-30	6.6 M
Nuveen Asset Management, Llc	2024-09-30	5.3 M
Winder Pte Ltd	2024-09-30	5.1 M
Northern Trust Corp	2024-09-30	4.4 M
Wells Fargo & Co	2024-09-30	4.3 M
Franklin Resources Inc	2024-09-30	4.2 M
Vanguard Group Inc	2024-09-30	44.8 M
Blackrock Inc	2024-09-30	36.6 M

Linde Fundamentals

	Return On Equity	0.16
	Return On Asset	0.0683
	Profit Margin	0.19 %
	Operating Margin	0.27 %
	Current Valuation	225.78 B
	Shares Outstanding	476.16 M
	Shares Owned By Insiders	0.19 %
	Shares Owned By Institutions	87.00 %
	Number Of Shares Shorted	6.5 M
	Price To Earning	45.62 X
	Price To Book	5.33 X
	Price To Sales	6.32 X
	Revenue	32.85 B
	Gross Profit	15.77 B
	EBITDA	12.22 B
	Net Income	6.2 B
	Cash And Equivalents	5.44 B
	Cash Per Share	7.60 X
	Total Debt	20.32 B
	Debt To Equity	0.39 %
	Current Ratio	0.74 X
	Book Value Per Share	82.27 X
	Cash Flow From Operations	9.3 B
	Short Ratio	2.56 X
	Earnings Per Share	13.20 X
	Price To Earnings To Growth	2.47 X
	Target Price	492.94
	Number Of Employees	65.6 K
	Beta	0.95
	Market Capitalization	208.71 B
	Total Asset	80.81 B
	Retained Earnings	8.85 B
	Working Capital	(3.1 B)
	Current Asset	193.42 M
	Current Liabilities	107.75 M
	Annual Yield	0.01 %
	Five Year Return	1.70 %
	Net Asset	80.81 B
	Last Dividend Paid	5.44

About Linde Plc Fundamental Analysis

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

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 Linde Plc 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 Linde Plc will appreciate offsetting losses from the drop in the long position's value.

Moving together with Linde Stock

0.88	DD	Dupont De Nemours Earnings Call This Week	Pair Corr
0.85	DNMR	Danimer Scientific	Pair Corr

Moving against Linde Stock

0.43

FEAM

5E Advanced Materials

Pair Corr

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

The correlation of Linde Plc 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 Linde Plc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Linde plc Ordinary 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 Linde Plc 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

When determining whether Linde plc Ordinary offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Linde Plc's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Linde Plc Ordinary Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Linde Plc Ordinary Stock:

How To Invest In Linde

Details

Is Linde Stock a good investment?

Details

What is Linde Plc's Net Worth?

Details

Largest Industrial Gases Companies

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Largest Specialty Chemicals Companies

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Check out Linde Plc Piotroski F Score and Linde Plc Valuation analysis.

You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

Is Industrial Gases space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Linde Plc. If investors know Linde will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Linde Plc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.009

Dividend Share

5.44

Earnings Share

13.2

Revenue Per Share

68.67

Quarterly Revenue Growth

0.025

The market value of Linde plc Ordinary is measured differently than its book value, which is the value of Linde that is recorded on the company's balance sheet. Investors also form their own opinion of Linde Plc's value that differs from its market value or its book value, called intrinsic value, which is Linde Plc's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Linde Plc's market value can be influenced by many factors that don't directly affect Linde Plc's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Linde Plc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Linde Plc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Linde Plc's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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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Linde Plc Ordinary Stock Z Score

Linde plc Ordinary 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 )

Linde Z Score Driver Correlations

Linde Plc ESG Sustainability

Linde Plc Institutional Holders

Linde Fundamentals

About Linde Plc Fundamental Analysis

Pair Trading with Linde Plc

Moving together with Linde Stock

Moving against Linde Stock

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