Callaway Golf Stock Z Score

MODG Stock

USD 8.60 0.45 5.52%

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 Callaway Golf Piotroski F Score and Callaway Golf Valuation analysis.

For more detail on how to invest in Callaway Stock please use our How to Invest in Callaway Golf guide.

At this time, Callaway Golf's Capital Expenditures is most likely to increase significantly in the upcoming years. The Callaway Golf's current Total Debt To Capitalization is estimated to increase to 0.30, while Net Invested Capital is projected to decrease to roughly 3.3 B. At this time, Callaway Golf's Total Revenue is most likely to increase significantly in the upcoming years. The Callaway Golf's current Gross Profit is estimated to increase to about 2.8 B, while Net Income is projected to decrease to roughly 47.7 M.

Callaway Golf Company Z Score Analysis

Callaway Golf'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 )

Callaway Z Score Driver Correlations

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

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock	Treasury Stock	Property Plant Equipment	Current Deferred Revenue	Long Term Debt	Short Term Investments	Good Will	Net Tangible Assets	Total Permanent Equity	Capital Surpluse	Deferred Long Term Liab	Long Term Debt Total	Long Term Investments	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		1.0	0.98	0.94	0.82	1.0	0.96	0.79	0.98	-0.01	0.99	-0.3	0.95	0.54	0.95	-0.16	0.99	0.85	0.55	0.99	0.92	0.97	-0.15	0.03	0.94	0.72	0.94
Total Stockholder Equity	1.0		0.97	0.94	0.8	0.99	0.94	0.77	0.98	0.01	0.98	-0.26	0.97	0.56	0.93	-0.18	0.99	0.82	0.56	0.99	0.91	0.94	-0.16	0.0	0.94	0.68	0.95
Net Debt	0.98	0.97		0.93	0.81	0.99	0.95	0.74	0.96	-0.06	0.98	-0.36	0.93	0.49	0.98	-0.15	0.97	0.87	0.54	0.98	0.92	0.97	-0.15	0.01	0.91	0.76	0.92
Retained Earnings	0.94	0.94	0.93		0.85	0.94	0.97	0.83	0.95	0.19	0.94	-0.21	0.85	0.56	0.9	0.07	0.91	0.84	0.72	0.91	0.81	0.92	-0.13	0.0	0.86	0.75	0.85
Net Receivables	0.82	0.8	0.81	0.85		0.83	0.91	0.79	0.8	0.16	0.79	0.06	0.65	0.17	0.79	-0.08	0.77	0.84	0.4	0.77	0.69	0.82	-0.12	0.14	0.72	0.68	0.72
Total Liab	1.0	0.99	0.99	0.94	0.83		0.97	0.8	0.98	-0.03	0.98	-0.32	0.94	0.53	0.96	-0.13	0.98	0.86	0.54	0.98	0.93	0.98	-0.14	0.06	0.93	0.75	0.93
Total Current Assets	0.96	0.94	0.95	0.97	0.91	0.97		0.83	0.96	0.1	0.94	-0.18	0.86	0.46	0.93	0.03	0.92	0.85	0.58	0.92	0.87	0.96	-0.06	0.02	0.87	0.81	0.86
Short Term Debt	0.79	0.77	0.74	0.83	0.79	0.8	0.83		0.83	0.33	0.74	-0.21	0.65	0.59	0.65	0.11	0.76	0.71	0.55	0.72	0.7	0.78	-0.31	0.44	0.74	0.56	0.71
Intangible Assets	0.98	0.98	0.96	0.95	0.8	0.98	0.96	0.83		0.09	0.96	-0.29	0.94	0.6	0.92	-0.02	0.97	0.77	0.6	0.96	0.94	0.97	-0.18	0.03	0.93	0.73	0.92
Accounts Payable	-0.01	0.01	-0.06	0.19	0.16	-0.03	0.1	0.33	0.09		-0.04	0.51	-0.07	0.03	-0.11	0.38	-0.04	-0.11	0.09	-0.08	-0.05	-0.09	-0.5	0.18	0.0	-0.1	-0.03
Common Stock	0.99	0.98	0.98	0.94	0.79	0.98	0.94	0.74	0.96	-0.04		-0.3	0.94	0.55	0.95	-0.17	0.98	0.86	0.55	0.99	0.89	0.94	-0.12	-0.07	0.91	0.71	0.93
Treasury Stock	-0.3	-0.26	-0.36	-0.21	0.06	-0.32	-0.18	-0.21	-0.29	0.51	-0.3		-0.31	-0.53	-0.35	-0.05	-0.32	-0.33	-0.39	-0.32	-0.37	-0.39	0.06	-0.27	-0.31	-0.31	-0.3
Property Plant Equipment	0.95	0.97	0.93	0.85	0.65	0.94	0.86	0.65	0.94	-0.07	0.94	-0.31		0.56	0.89	-0.24	0.98	0.69	0.49	0.97	0.94	0.9	-0.18	-0.08	0.93	0.6	0.93
Current Deferred Revenue	0.54	0.56	0.49	0.56	0.17	0.53	0.46	0.59	0.6	0.03	0.55	-0.53	0.56		0.41	0.24	0.56	0.35	0.66	0.53	0.48	0.51	0.01	0.04	0.56	0.39	0.54
Long Term Debt	0.95	0.93	0.98	0.9	0.79	0.96	0.93	0.65	0.92	-0.11	0.95	-0.35	0.89	0.41		-0.1	0.92	0.85	0.53	0.94	0.9	0.96	-0.07	-0.08	0.86	0.8	0.87
Short Term Investments	-0.16	-0.18	-0.15	0.07	-0.08	-0.13	0.03	0.11	-0.02	0.38	-0.17	-0.05	-0.24	0.24	-0.1		-0.23	-0.2	0.33	-0.24	-0.11	-0.04	0.18	-0.1	-0.17	0.27	-0.25
Good Will	0.99	0.99	0.97	0.91	0.77	0.98	0.92	0.76	0.97	-0.04	0.98	-0.32	0.98	0.56	0.92	-0.23		0.81	0.51	1.0	0.93	0.94	-0.2	0.04	0.94	0.65	0.96
Net Tangible Assets	0.85	0.82	0.87	0.84	0.84	0.86	0.85	0.71	0.77	-0.11	0.86	-0.33	0.69	0.35	0.85	-0.2	0.81		0.49	0.84	0.65	0.82	-0.05	0.17	0.74	0.67	0.77
Total Permanent Equity	0.55	0.56	0.54	0.72	0.4	0.54	0.58	0.55	0.6	0.09	0.55	-0.39	0.49	0.66	0.53	0.33	0.51	0.49		0.52	0.41	0.56	0.06	-0.08	0.49	0.56	0.47
Capital Surpluse	0.99	0.99	0.98	0.91	0.77	0.98	0.92	0.72	0.96	-0.08	0.99	-0.32	0.97	0.53	0.94	-0.24	1.0	0.84	0.52		0.91	0.94	-0.15	-0.01	0.93	0.67	0.95
Deferred Long Term Liab	0.92	0.91	0.92	0.81	0.69	0.93	0.87	0.7	0.94	-0.05	0.89	-0.37	0.94	0.48	0.9	-0.11	0.93	0.65	0.41	0.91		0.94	-0.26	0.03	0.89	0.68	0.88
Long Term Debt Total	0.97	0.94	0.97	0.92	0.82	0.98	0.96	0.78	0.97	-0.09	0.94	-0.39	0.9	0.51	0.96	-0.04	0.94	0.82	0.56	0.94	0.94		-0.09	0.06	0.9	0.81	0.89
Long Term Investments	-0.15	-0.16	-0.15	-0.13	-0.12	-0.14	-0.06	-0.31	-0.18	-0.5	-0.12	0.06	-0.18	0.01	-0.07	0.18	-0.2	-0.05	0.06	-0.15	-0.26	-0.09		-0.4	-0.22	0.19	-0.21
Short Long Term Debt	0.03	0.0	0.01	0.0	0.14	0.06	0.02	0.44	0.03	0.18	-0.07	-0.27	-0.08	0.04	-0.08	-0.1	0.04	0.17	-0.08	-0.01	0.03	0.06	-0.4		0.01	-0.16	0.01
Net Invested Capital	0.94	0.94	0.91	0.86	0.72	0.93	0.87	0.74	0.93	0.0	0.91	-0.31	0.93	0.56	0.86	-0.17	0.94	0.74	0.49	0.93	0.89	0.9	-0.22	0.01		0.75	0.99
Net Working Capital	0.72	0.68	0.76	0.75	0.68	0.75	0.81	0.56	0.73	-0.1	0.71	-0.31	0.6	0.39	0.8	0.27	0.65	0.67	0.56	0.67	0.68	0.81	0.19	-0.16	0.75		0.71
Capital Stock	0.94	0.95	0.92	0.85	0.72	0.93	0.86	0.71	0.92	-0.03	0.93	-0.3	0.93	0.54	0.87	-0.25	0.96	0.77	0.47	0.95	0.88	0.89	-0.21	0.01	0.99	0.71

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 Callaway Golf

Based on the company's disclosures, Callaway Golf 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.

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

Environmental

Governance

Social

Callaway Golf Institutional Holders

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

		Shares
American Century Companies Inc	2024-09-30	3.2 M
Bank Of America Corp	2024-06-30	2.6 M
Nuveen Asset Management, Llc	2024-06-30	2.1 M
Charles Schwab Investment Management Inc	2024-09-30	2 M
Bwcp, Lp	2024-09-30	1.9 M
Northern Trust Corp	2024-09-30	1.9 M
Long Focus Capital Management, Llc	2024-09-30	1.8 M
Hodges Capital Management Inc	2024-06-30	1.6 M
Man Group Plc	2024-06-30	1.5 M
Blackrock Inc	2024-06-30	22.1 M
Providence Equity Partners L.l.c.	2024-09-30	21.2 M

Callaway Fundamentals

	Return On Equity	-0.0031
	Return On Asset	0.013
	Profit Margin	(0) %
	Operating Margin	0.03 %
	Current Valuation	4.06 B
	Shares Outstanding	183.82 M
	Shares Owned By Insiders	11.84 %
	Shares Owned By Institutions	89.49 %
	Number Of Shares Shorted	16.32 M
	Price To Book	0.38 X
	Price To Sales	0.38 X
	Revenue	4.28 B
	Gross Profit	1.34 B
	EBITDA	489.1 M
	Net Income	95 M
	Cash And Equivalents	179.4 M
	Cash Per Share	0.97 X
	Total Debt	4.36 B
	Debt To Equity	0.89 %
	Current Ratio	1.29 X
	Book Value Per Share	21.41 X
	Cash Flow From Operations	364.7 M
	Short Ratio	7.04 X
	Earnings Per Share	(0.07) X
	Price To Earnings To Growth	0.67 X
	Target Price	14.79
	Number Of Employees	32 K
	Beta	1.76
	Market Capitalization	1.58 B
	Total Asset	9.12 B
	Retained Earnings	947.5 M
	Working Capital	680.5 M
	Net Asset	9.12 B

About Callaway Golf Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Callaway Golf's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Callaway Golf using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Callaway Golf 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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When determining whether Callaway Golf is a strong investment it is important to analyze Callaway Golf's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Callaway Golf's future performance. For an informed investment choice regarding Callaway Stock, refer to the following important reports:

How To Invest In Callaway

Details

Is Callaway Stock a good investment?

Details

What is Callaway Golf's Net Worth?

Details

Largest Leisure Products Companies

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Largest Consumer Durables & Apparel Companies

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Check out Callaway Golf Piotroski F Score and Callaway Golf Valuation analysis.

For more detail on how to invest in Callaway Stock please use our How to Invest in Callaway Golf guide.

You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

Is Leisure Products 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 Callaway Golf. If investors know Callaway 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 Callaway Golf 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

(0.46)

Earnings Share

(0.07)

Revenue Per Share

22.907

Quarterly Revenue Growth

(0.03)

Return On Assets

0.013

The market value of Callaway Golf is measured differently than its book value, which is the value of Callaway that is recorded on the company's balance sheet. Investors also form their own opinion of Callaway Golf's value that differs from its market value or its book value, called intrinsic value, which is Callaway Golf'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 Callaway Golf's market value can be influenced by many factors that don't directly affect Callaway Golf'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 Callaway Golf's value and its price as these two are different measures arrived at by different means. Investors typically determine if Callaway Golf is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Callaway Golf'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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Callaway Golf Stock Z Score

Callaway Golf 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 )

Callaway Z Score Driver Correlations

Callaway Golf ESG Sustainability

Callaway Golf Institutional Holders

Callaway Fundamentals

About Callaway Golf Fundamental Analysis

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