Southern States Bancshares Stock Z Score

SSBK Stock

USD 37.42 0.58 1.53%

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 Southern States Piotroski F Score and Southern States Valuation analysis.

At this time, Southern States' Capital Stock is quite stable compared to the past year. Change In Working Capital is expected to rise to about 2 M this year, although the value of Capital Expenditures will most likely fall to about 236.6 K. At this time, Southern States' Depreciation And Amortization is quite stable compared to the past year. Interest Expense is expected to rise to about 54.8 M this year, although the value of Other Operating Expenses will most likely fall to about 23.8 M.

Southern States Bancshares Company Z Score Analysis

Southern States' 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 )

Southern Z Score Driver Correlations

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

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Good Will	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Long Term Debt	Short Term Investments	Net Invested Capital	Long Term Investments	Short Long Term Debt	Capital Stock	Long Term Debt Total	Capital Surpluse	Current Deferred Revenue
Total Assets		0.99	0.99	0.53	0.98	-0.83	0.97	0.87	1.0	0.89	0.64	0.56	0.94	0.98	0.96	0.99	0.97	0.99	0.63	0.9	0.88	-0.69	0.72
Total Stockholder Equity	0.99		0.99	0.48	0.95	-0.89	0.98	0.92	0.99	0.93	0.64	0.66	0.97	0.99	0.92	0.98	0.94	0.98	0.63	0.9	0.82	-0.68	0.7
Net Tangible Assets	0.99	0.99		0.45	0.96	-0.86	0.97	0.89	0.99	0.93	0.59	0.61	0.95	0.99	0.93	0.98	0.94	0.98	0.58	0.89	0.83	-0.63	0.67
Net Debt	0.53	0.48	0.45		0.61	-0.38	0.59	0.41	0.54	0.19	0.61	0.17	0.39	0.47	0.7	0.56	0.67	0.51	0.61	0.39	0.78	-0.75	0.67
Retained Earnings	0.98	0.95	0.96	0.61		-0.73	0.95	0.79	0.98	0.79	0.67	0.42	0.86	0.93	0.98	0.96	1.0	0.95	0.66	0.84	0.94	-0.71	0.79
Accounts Payable	-0.83	-0.89	-0.86	-0.38	-0.73		-0.9	-0.99	-0.83	-0.89	-0.47	-0.93	-0.94	-0.91	-0.73	-0.82	-0.72	-0.82	-0.46	-0.73	-0.58	0.53	-0.46
Net Receivables	0.97	0.98	0.97	0.59	0.95	-0.9		0.94	0.97	0.86	0.59	0.68	0.93	0.98	0.94	0.96	0.94	0.95	0.59	0.81	0.86	-0.66	0.68
Good Will	0.87	0.92	0.89	0.41	0.79	-0.99	0.94		0.86	0.89	0.52	0.89	0.94	0.94	0.77	0.85	0.77	0.85	0.5	0.74	0.64	-0.56	0.53
Total Liab	1.0	0.99	0.99	0.54	0.98	-0.83	0.97	0.86		0.89	0.64	0.55	0.94	0.98	0.96	0.99	0.97	0.99	0.63	0.89	0.88	-0.69	0.72
Total Current Assets	0.89	0.93	0.93	0.19	0.79	-0.89	0.86	0.89	0.89		0.44	0.73	0.97	0.93	0.76	0.89	0.76	0.92	0.43	0.89	0.59	-0.5	0.43
Short Term Debt	0.64	0.64	0.59	0.61	0.67	-0.47	0.59	0.52	0.64	0.44		0.25	0.59	0.6	0.59	0.64	0.72	0.62	1.0	0.69	0.62	-0.93	0.94
Intangible Assets	0.56	0.66	0.61	0.17	0.42	-0.93	0.68	0.89	0.55	0.73	0.25		0.76	0.69	0.43	0.56	0.4	0.56	0.24	0.49	0.27	-0.31	0.18
Common Stock	0.94	0.97	0.95	0.39	0.86	-0.94	0.93	0.94	0.94	0.97	0.59	0.76		0.96	0.84	0.93	0.85	0.94	0.58	0.92	0.71	-0.66	0.58
Property Plant Equipment	0.98	0.99	0.99	0.47	0.93	-0.91	0.98	0.94	0.98	0.93	0.6	0.69	0.96		0.91	0.98	0.92	0.97	0.59	0.86	0.78	-0.63	0.66
Long Term Debt	0.96	0.92	0.93	0.7	0.98	-0.73	0.94	0.77	0.96	0.76	0.59	0.43	0.84	0.91		0.96	0.98	0.95	0.59	0.82	0.96	-0.71	0.71
Short Term Investments	0.99	0.98	0.98	0.56	0.96	-0.82	0.96	0.85	0.99	0.89	0.64	0.56	0.93	0.98	0.96		0.96	1.0	0.63	0.9	0.85	-0.7	0.69
Net Invested Capital	0.97	0.94	0.94	0.67	1.0	-0.72	0.94	0.77	0.97	0.76	0.72	0.4	0.85	0.92	0.98	0.96		0.95	0.72	0.85	0.95	-0.77	0.83
Long Term Investments	0.99	0.98	0.98	0.51	0.95	-0.82	0.95	0.85	0.99	0.92	0.62	0.56	0.94	0.97	0.95	1.0	0.95		0.61	0.92	0.84	-0.69	0.67
Short Long Term Debt	0.63	0.63	0.58	0.61	0.66	-0.46	0.59	0.5	0.63	0.43	1.0	0.24	0.58	0.59	0.59	0.63	0.72	0.61		0.69	0.61	-0.93	0.94
Capital Stock	0.9	0.9	0.89	0.39	0.84	-0.73	0.81	0.74	0.89	0.89	0.69	0.49	0.92	0.86	0.82	0.9	0.85	0.92	0.69		0.73	-0.77	0.64
Long Term Debt Total	0.88	0.82	0.83	0.78	0.94	-0.58	0.86	0.64	0.88	0.59	0.62	0.27	0.71	0.78	0.96	0.85	0.95	0.84	0.61	0.73		-0.73	0.76
Capital Surpluse	-0.69	-0.68	-0.63	-0.75	-0.71	0.53	-0.66	-0.56	-0.69	-0.5	-0.93	-0.31	-0.66	-0.63	-0.71	-0.7	-0.77	-0.69	-0.93	-0.77	-0.73		-0.85
Current Deferred Revenue	0.72	0.7	0.67	0.67	0.79	-0.46	0.68	0.53	0.72	0.43	0.94	0.18	0.58	0.66	0.71	0.69	0.83	0.67	0.94	0.64	0.76	-0.85

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 Southern States

Based on the company's disclosures, Southern States Bancshares has a Z Score of 0.0. This is 100.0% lower than that of the Banks sector and about the same as Financials (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.

Southern Z Score Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Southern States' direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Southern States could also be used in its relative valuation, which is a method of valuing Southern States by comparing valuation metrics of similar companies.

Southern States is currently under evaluation in z score category among its peers.

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

Environmental

Governance

Social

Southern States Institutional Holders

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

		Shares
Kennedy Capital Management Inc	2024-09-30	88 K
Northern Trust Corp	2024-09-30	65.2 K
Bridgeway Capital Management, Llc	2024-09-30	61.8 K
Dimensional Fund Advisors, Inc.	2024-09-30	60.3 K
Renaissance Technologies Corp	2024-09-30	59.1 K
Stifel Financial Corp	2024-06-30	52 K
Bank Of New York Mellon Corp	2024-06-30	40 K
Ejf Capital Llc	2024-09-30	25.4 K
Millennium Management Llc	2024-06-30	23.4 K
Strategic Value Bank Partners Llc	2024-09-30	848.4 K
Davis Asset Management, L.p.	2024-09-30	774 K

Southern Fundamentals

	Return On Equity	0.14
	Return On Asset	0.0127
	Profit Margin	0.37 %
	Operating Margin	0.50 %
	Current Valuation	218.76 M
	Shares Outstanding	9.88 M
	Shares Owned By Insiders	15.05 %
	Shares Owned By Institutions	52.70 %
	Number Of Shares Shorted	45.14 K
	Price To Earning	13.14 X
	Price To Book	1.38 X
	Price To Sales	4.31 X
	Revenue	82.9 M
	Gross Profit	74.41 M
	EBITDA	3.4 M
	Net Income	31.95 M
	Cash And Equivalents	246.06 M
	Cash Per Share	28.26 X
	Total Debt	183.67 M
	Book Value Per Share	27.46 X
	Cash Flow From Operations	38.76 M
	Short Ratio	2.45 X
	Earnings Per Share	3.51 X
	Target Price	37.5
	Number Of Employees	181
	Beta	0.22
	Market Capitalization	375.62 M
	Total Asset	2.45 B
	Retained Earnings	102.52 M
	Annual Yield	0.01 %
	Net Asset	2.45 B
	Last Dividend Paid	0.36

About Southern States Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Southern States Bancshares's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Southern States using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Southern States Bancshares 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 Southern States Banc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Southern Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Southern States Bancshares Stock. Highlighted below are key reports to facilitate an investment decision about Southern States Bancshares Stock:

How To Invest In Southern

Details

Is Southern Stock a good investment?

Details

What is Southern States' Net Worth?

Details

Largest Regional Banks Companies

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Largest Banks - Regional Companies

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Check out Southern States Piotroski F Score and Southern States Valuation analysis.

You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Is Regional Banks 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 Southern States. If investors know Southern 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 Southern States 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

0.037

Dividend Share

0.36

Earnings Share

3.51

Revenue Per Share

9.586

Quarterly Revenue Growth

0.372

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

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Southern States Bancshares Stock Z Score

Southern States Bancshares 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 )

Southern Z Score Driver Correlations

Southern Z Score Peer Comparison

Southern States ESG Sustainability

Southern States Institutional Holders

Southern Fundamentals

About Southern States Fundamental Analysis

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

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