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Home Z Score

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HD -- USA Stock  

Earning Report: February 25, 2020  

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. Please check Home Depot Piotroski F Score and Home Depot Valuation analysis.
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Home Z Score Analysis

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..
 2010 2015 2019 2020 (projected)
Consolidated Income6.34 B11.12 B7.01 B7.21 B
Direct Expenses54.22 B71.04 B58.25 B53.7 B
The Home Depot, Inc. operates as a home improvement retailer. The Home Depot, Inc. was founded in 1978 and is based in Atlanta, Georgia. Home Depot operates under Home Improvement Retail classification in USA and is traded on BATS Exchange. It employs 400000 people.
Consolidated IncomeDirect Expenses
Z Score 
 = 
Sum Of  
 
5 Factors 
More About Z Score | All Equity Analysis
Home Depot Z Score  =
6.2
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 )
ValuationFundamentalsBuy or Sell

Home Distress Driver Correlations

About Z Score

To calculate Z-Score one would need to know current working capital of the company, its total assets, and liabilities, amount of latest retained earnings as well as earnings before interest and tax. Z-Score 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 high probability of distress. Z Score is used widely by financial auditors, accountants, money managers, loan processers, wealth advisers, as well as day traders. In the last 25 years, many financial models that utilize z score has been proved to be successful as a predictor of corporate bankruptcy.
Compare to competition
Accumulated Other Comprehensive Income
Home Depot has Z Score of 6.2. This is 91.95% higher than that of the Consumer Cyclical sector, and significantly higher than that of Home Improvement Retail industry, The Z Score for all stocks is 28.9% higher than the company.

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Home Depot Institutional Holders

Current Institutional Investors

Security TypeSharesValue
Blackrock IncCommon Shares72 M15.7 B
State Street CorpCommon Shares52.2 M11.4 B
Capital World InvestorsCommon Shares39.4 M8.6 B
Fmr LlcCommon Shares19.7 M4.3 B
Wellington Management Group LlpCommon Shares18.7 M4.1 B
Bank Of America CorpCommon Shares18 M3.9 B
Geode Capital Management LlcCommon Shares16.8 M3.7 B

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Please check Home Depot Piotroski F Score and Home Depot Valuation analysis. Please also try World Markets Correlation module to find global opportunities by holding instruments from different markets.