Workday Stock Z Score

WDAY Stock

USD 268.07 8.63 3.33%

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 Workday Piotroski F Score and Workday Valuation analysis.

For more information on how to buy Workday Stock please use our How to Invest in Workday guide.

At this time, Workday's Capital Surpluse is fairly stable compared to the past year. Net Working Capital is likely to rise to about 5.1 B in 2024, whereas Capital Lease Obligations is likely to drop slightly above 294.5 M in 2024. At this time, Workday's Cost Of Revenue is fairly stable compared to the past year. Total Operating Expenses is likely to rise to about 5.6 B in 2024, whereas Depreciation And Amortization is likely to drop slightly above 163.3 M in 2024.

Workday Company Z Score Analysis

Workday'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 )

Workday Z Score Driver Correlations

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

	Total Assets	Net Debt	Short Term Investments	Total Liab	Total Stockholder Equity	Current Deferred Revenue	Retained Earnings	Accounts Payable	Long Term Debt	Net Receivables	Good Will	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Net Tangible Assets	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		0.95	0.94	0.99	0.99	0.99	-0.69	0.75	0.92	0.99	0.94	0.98	0.27	0.69	0.7	0.98	0.85	0.98	0.99	0.36	0.94	0.86	0.88	0.55	-0.64
Net Debt	0.95		0.85	0.96	0.91	0.95	-0.76	0.83	0.9	0.96	0.92	0.91	0.2	0.74	0.67	0.94	0.75	0.94	0.94	0.46	0.88	0.73	0.82	0.45	-0.52
Short Term Investments	0.94	0.85		0.9	0.96	0.88	-0.47	0.62	0.95	0.88	0.77	0.98	0.06	0.42	0.64	0.86	0.95	0.86	0.92	0.25	0.83	0.83	0.84	0.77	-0.77
Total Liab	0.99	0.96	0.9		0.96	1.0	-0.77	0.8	0.9	1.0	0.95	0.96	0.33	0.75	0.73	0.99	0.81	0.99	0.98	0.43	0.94	0.82	0.86	0.46	-0.55
Total Stockholder Equity	0.99	0.91	0.96	0.96		0.96	-0.58	0.67	0.92	0.96	0.91	0.98	0.19	0.62	0.66	0.95	0.88	0.95	0.98	0.28	0.93	0.88	0.89	0.63	-0.73
Current Deferred Revenue	0.99	0.95	0.88	1.0	0.96		-0.78	0.78	0.88	1.0	0.97	0.95	0.36	0.78	0.73	1.0	0.78	1.0	0.99	0.43	0.94	0.81	0.85	0.43	-0.56
Retained Earnings	-0.69	-0.76	-0.47	-0.77	-0.58	-0.78		-0.82	-0.53	-0.78	-0.78	-0.61	-0.63	-0.88	-0.77	-0.78	-0.35	-0.79	-0.72	-0.55	-0.68	-0.45	-0.51	0.14	-0.04
Accounts Payable	0.75	0.83	0.62	0.8	0.67	0.78	-0.82		0.72	0.81	0.79	0.71	0.31	0.73	0.66	0.77	0.6	0.77	0.77	0.23	0.78	0.63	0.77	0.24	-0.08
Long Term Debt	0.92	0.9	0.95	0.9	0.92	0.88	-0.53	0.72		0.88	0.79	0.95	-0.08	0.49	0.6	0.86	0.88	0.84	0.9	0.37	0.81	0.71	0.83	0.73	-0.68
Net Receivables	0.99	0.96	0.88	1.0	0.96	1.0	-0.78	0.81	0.88		0.97	0.95	0.34	0.78	0.71	1.0	0.78	0.99	0.99	0.41	0.95	0.82	0.86	0.44	-0.54
Good Will	0.94	0.92	0.77	0.95	0.91	0.97	-0.78	0.79	0.79	0.97		0.87	0.39	0.87	0.66	0.98	0.67	0.97	0.95	0.34	0.96	0.8	0.84	0.3	-0.45
Total Current Assets	0.98	0.91	0.98	0.96	0.98	0.95	-0.61	0.71	0.95	0.95	0.87		0.19	0.57	0.69	0.94	0.92	0.94	0.97	0.33	0.91	0.86	0.87	0.65	-0.69
Short Term Debt	0.27	0.2	0.06	0.33	0.19	0.36	-0.63	0.31	-0.08	0.34	0.39	0.19		0.53	0.44	0.36	0.06	0.42	0.32	0.13	0.37	0.36	0.16	-0.45	0.24
Intangible Assets	0.69	0.74	0.42	0.75	0.62	0.78	-0.88	0.73	0.49	0.78	0.87	0.57	0.53		0.68	0.81	0.26	0.8	0.72	0.46	0.73	0.47	0.61	-0.16	-0.07
Common Stock	0.7	0.67	0.64	0.73	0.66	0.73	-0.77	0.66	0.6	0.71	0.66	0.69	0.44	0.68		0.71	0.51	0.73	0.73	0.44	0.6	0.46	0.6	0.1	-0.23
Property Plant Equipment	0.98	0.94	0.86	0.99	0.95	1.0	-0.78	0.77	0.86	1.0	0.98	0.94	0.36	0.81	0.71		0.75	0.99	0.98	0.44	0.94	0.8	0.84	0.4	-0.54
Net Tangible Assets	0.85	0.75	0.95	0.81	0.88	0.78	-0.35	0.6	0.88	0.78	0.67	0.92	0.06	0.26	0.51	0.75		0.76	0.83	0.06	0.8	0.88	0.82	0.82	-0.69
Capital Surpluse	0.98	0.94	0.86	0.99	0.95	1.0	-0.79	0.77	0.84	0.99	0.97	0.94	0.42	0.8	0.73	0.99	0.76		0.98	0.41	0.95	0.83	0.84	0.38	-0.53
Deferred Long Term Liab	0.99	0.94	0.92	0.98	0.98	0.99	-0.72	0.77	0.9	0.99	0.95	0.97	0.32	0.72	0.73	0.98	0.83	0.98		0.32	0.94	0.85	0.87	0.5	-0.6
Long Term Debt Total	0.36	0.46	0.25	0.43	0.28	0.43	-0.55	0.23	0.37	0.41	0.34	0.33	0.13	0.46	0.44	0.44	0.06	0.41	0.32		0.18	-0.1	0.09	-0.13	-0.14
Long Term Investments	0.94	0.88	0.83	0.94	0.93	0.94	-0.68	0.78	0.81	0.95	0.96	0.91	0.37	0.73	0.6	0.94	0.8	0.95	0.94	0.18		0.91	0.9	0.45	-0.48
Short Long Term Debt	0.86	0.73	0.83	0.82	0.88	0.81	-0.45	0.63	0.71	0.82	0.8	0.86	0.36	0.47	0.46	0.8	0.88	0.83	0.85	-0.1	0.91		0.86	0.59	-0.57
Net Invested Capital	0.88	0.82	0.84	0.86	0.89	0.85	-0.51	0.77	0.83	0.86	0.84	0.87	0.16	0.61	0.6	0.84	0.82	0.84	0.87	0.09	0.9	0.86		0.6	-0.58
Net Working Capital	0.55	0.45	0.77	0.46	0.63	0.43	0.14	0.24	0.73	0.44	0.3	0.65	-0.45	-0.16	0.1	0.4	0.82	0.38	0.5	-0.13	0.45	0.59	0.6		-0.8
Capital Stock	-0.64	-0.52	-0.77	-0.55	-0.73	-0.56	-0.04	-0.08	-0.68	-0.54	-0.45	-0.69	0.24	-0.07	-0.23	-0.54	-0.69	-0.53	-0.6	-0.14	-0.48	-0.57	-0.58	-0.8

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 Workday

As per the company's disclosures, Workday has a Z Score of 0.0. This is 100.0% lower than that of the Software sector and about the same as Information Technology (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.

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

Environmental

Governance

Social

Workday Institutional Holders

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

		Shares
Brown Advisory Holdings Inc	2024-09-30	3.5 M
Fidelity International Ltd	2024-06-30	3.5 M
Fmr Inc	2024-09-30	3.2 M
Nuveen Asset Management, Llc	2024-06-30	3 M
Geode Capital Management, Llc	2024-06-30	2.8 M
Hotchkis & Wiley Capital Management Llc	2024-06-30	2.7 M
Clearbridge Advisors, Llc	2024-06-30	2.4 M
Bank Of America Corp	2024-06-30	2.4 M
Manufacturers Life Insurance Co	2024-09-30	2.3 M
Vanguard Group Inc	2024-09-30	15.6 M
Blackrock Inc	2024-06-30	13.9 M

Workday Fundamentals

	Return On Equity	0.21
	Return On Asset	0.0143
	Profit Margin	0.20 %
	Operating Margin	0.05 %
	Current Valuation	64.74 B
	Shares Outstanding	213 M
	Shares Owned By Insiders	1.23 %
	Shares Owned By Institutions	92.70 %
	Number Of Shares Shorted	4.72 M
	Price To Book	8.24 X
	Price To Sales	9.03 X
	Revenue	7.26 B
	Gross Profit	4.5 B
	EBITDA	465 M
	Net Income	1.38 B
	Cash And Equivalents	6.29 B
	Cash Per Share	24.58 X
	Total Debt	3.3 B
	Debt To Equity	0.86 %
	Current Ratio	1.61 X
	Book Value Per Share	31.37 X
	Cash Flow From Operations	2.15 B
	Short Ratio	3.07 X
	Earnings Per Share	5.81 X
	Price To Earnings To Growth	2.46 X
	Target Price	292.0
	Number Of Employees	19.91 K
	Beta	1.35
	Market Capitalization	71.04 B
	Total Asset	16.45 B
	Retained Earnings	(1.73 B)
	Working Capital	4.88 B
	Current Asset	2.36 B
	Current Liabilities	922.68 M
	Net Asset	16.45 B

About Workday Fundamental Analysis

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

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

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Workday Stock Z Score

Workday 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 )

Workday Z Score Driver Correlations

Workday ESG Sustainability

Workday Institutional Holders

Workday Fundamentals

About Workday Fundamental Analysis

Also Currently Popular

Additional Tools for Workday Stock Analysis

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