The Drivers Module shows relationships between Apple's most relevant fundamental drivers and provides multiple suggestions of what could possibly affect the performance of Apple over time as well as its relative position and ranking within its peers. Please continue to
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Apple Z Score vs. Profit Margin Fundamental Analysis
Apple Price Drivers Relationships
Apple is number one stock in profit margin category among related companies. It is rated
third in z score category among related companies totaling about
32.32 of Z Score per Profit Margin.
Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.Apple | Profit Margin | = | Net Income Revenue | X | 100 |
| = | 0.20 | |
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
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..Apple | Z Score | = | Sum Of | | 5 Factors |
| = | 6.6 | |
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.
Apple Z Score Comparison
Apple is currently under evaluation in z score category among related companies.
Apple Fundamental Comparison