Essential Utilities Stock Z Score

WTRG Stock

USD 38.60 0.34 0.89%

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 Essential Utilities Piotroski F Score and Essential Utilities Valuation analysis.

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

At this time, Essential Utilities' Change In Working Capital is most likely to increase significantly in the upcoming years. The Essential Utilities' current Capital Expenditures is estimated to increase to about 1.3 B, while Net Working Capital is forecasted to increase to (290.7 M). At this time, Essential Utilities' Gross Profit is most likely to increase significantly in the upcoming years. The Essential Utilities' current Operating Income is estimated to increase to about 726.7 M, while Total Other Income Expense Net is forecasted to increase to (247.3 M).

Essential Utilities Company Z Score Analysis

Essential Utilities' 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 )

Essential Z Score Driver Correlations

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

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Current Deferred Revenue	Good Will	Short Term Investments	Net Tangible Assets	Long Term Debt	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Treasury Stock	Accumulated Depreciation	Property Plant Equipment	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock	Intangible Assets
Total Assets		0.99	0.96	0.93	0.98	0.92	1.0	0.29	0.65	0.71	-0.69	0.93	0.57	0.28	0.9	0.97	0.96	0.56	-0.73	-0.96	0.89	0.78	0.81	-0.1	0.96	-0.84
Total Stockholder Equity	0.99		0.93	0.91	0.96	0.9	0.98	0.38	0.64	0.71	-0.68	0.92	0.55	0.33	0.9	0.96	0.98	0.57	-0.73	-0.96	0.89	0.77	0.82	0.0	0.97	-0.82
Net Debt	0.96	0.93		0.85	0.99	0.94	0.98	0.06	0.68	0.63	-0.68	0.97	0.63	0.23	0.9	0.97	0.92	0.57	-0.64	-0.92	0.89	0.77	0.77	-0.35	0.93	-0.87
Retained Earnings	0.93	0.91	0.85		0.86	0.79	0.93	0.29	0.58	0.78	-0.64	0.76	0.4	0.07	0.75	0.83	0.82	0.46	-0.87	-0.91	0.79	0.77	0.68	-0.03	0.8	-0.74
Accounts Payable	0.98	0.96	0.99	0.86		0.96	0.98	0.17	0.74	0.67	-0.62	0.96	0.65	0.31	0.91	0.97	0.94	0.57	-0.63	-0.94	0.9	0.8	0.77	-0.25	0.95	-0.87
Net Receivables	0.92	0.9	0.94	0.79	0.96		0.92	0.18	0.81	0.71	-0.42	0.93	0.6	0.25	0.91	0.9	0.88	0.54	-0.63	-0.91	0.88	0.85	0.68	-0.25	0.9	-0.76
Total Liab	1.0	0.98	0.98	0.93	0.98	0.92		0.23	0.66	0.71	-0.7	0.93	0.58	0.24	0.89	0.97	0.95	0.55	-0.73	-0.95	0.89	0.78	0.8	-0.16	0.94	-0.85
Total Current Assets	0.29	0.38	0.06	0.29	0.17	0.18	0.23		0.25	0.41	0.0	0.1	-0.09	0.37	0.28	0.2	0.37	0.09	-0.31	-0.32	0.27	0.28	0.32	0.89	0.36	-0.09
Short Term Debt	0.65	0.64	0.68	0.58	0.74	0.81	0.66	0.25		0.7	-0.03	0.64	0.36	0.27	0.75	0.61	0.59	0.47	-0.46	-0.7	0.74	0.86	0.39	-0.19	0.65	-0.6
Common Stock	0.71	0.71	0.63	0.78	0.67	0.71	0.71	0.41	0.7		-0.24	0.57	0.37	0.16	0.73	0.56	0.59	0.47	-0.74	-0.7	0.76	0.63	0.58	0.08	0.62	-0.43
Current Deferred Revenue	-0.69	-0.68	-0.68	-0.64	-0.62	-0.42	-0.7	0.0	-0.03	-0.24		-0.64	-0.47	-0.21	-0.53	-0.74	-0.7	-0.33	0.38	0.57	-0.55	-0.26	-0.76	0.15	-0.66	0.74
Good Will	0.93	0.92	0.97	0.76	0.96	0.93	0.93	0.1	0.64	0.57	-0.64		0.66	0.34	0.93	0.97	0.94	0.63	-0.58	-0.9	0.89	0.73	0.79	-0.3	0.95	-0.81
Short Term Investments	0.57	0.55	0.63	0.4	0.65	0.6	0.58	-0.09	0.36	0.37	-0.47	0.66		0.54	0.54	0.61	0.58	0.44	-0.17	-0.48	0.51	0.29	0.49	-0.35	0.59	-0.57
Net Tangible Assets	0.28	0.33	0.23	0.07	0.31	0.25	0.24	0.37	0.27	0.16	-0.21	0.34	0.54		0.35	0.32	0.41	0.63	0.14	-0.23	0.3	0.05	0.21	0.21	0.41	-0.32
Long Term Debt	0.9	0.9	0.9	0.75	0.91	0.91	0.89	0.28	0.75	0.73	-0.53	0.93	0.54	0.35		0.91	0.91	0.62	-0.63	-0.9	0.99	0.8	0.83	-0.15	0.94	-0.78
Long Term Debt Total	0.97	0.96	0.97	0.83	0.97	0.9	0.97	0.2	0.61	0.56	-0.74	0.97	0.61	0.32	0.91		0.98	0.55	-0.62	-0.94	0.89	0.76	0.83	-0.18	0.98	-0.89
Capital Surpluse	0.96	0.98	0.92	0.82	0.94	0.88	0.95	0.37	0.59	0.59	-0.7	0.94	0.58	0.41	0.91	0.98		0.57	-0.63	-0.94	0.88	0.73	0.84	0.0	0.99	-0.84
Deferred Long Term Liab	0.56	0.57	0.57	0.46	0.57	0.54	0.55	0.09	0.47	0.47	-0.33	0.63	0.44	0.63	0.62	0.55	0.57		-0.43	-0.58	0.59	0.37	0.29	-0.14	0.58	-0.43
Treasury Stock	-0.73	-0.73	-0.64	-0.87	-0.63	-0.63	-0.73	-0.31	-0.46	-0.74	0.38	-0.58	-0.17	0.14	-0.63	-0.62	-0.63	-0.43		0.82	-0.68	-0.71	-0.51	-0.1	-0.62	0.44
Accumulated Depreciation	-0.96	-0.96	-0.92	-0.91	-0.94	-0.91	-0.95	-0.32	-0.7	-0.7	0.57	-0.9	-0.48	-0.23	-0.9	-0.94	-0.94	-0.58	0.82		-0.9	-0.88	-0.73	0.06	-0.94	0.8
Property Plant Equipment	0.89	0.89	0.89	0.79	0.9	0.88	0.89	0.27	0.74	0.76	-0.55	0.89	0.51	0.3	0.99	0.89	0.88	0.59	-0.68	-0.9		0.81	0.84	-0.14	0.92	-0.79
Short Long Term Debt	0.78	0.77	0.77	0.77	0.8	0.85	0.78	0.28	0.86	0.63	-0.26	0.73	0.29	0.05	0.8	0.76	0.73	0.37	-0.71	-0.88	0.81		0.53	-0.11	0.76	-0.71
Net Invested Capital	0.81	0.82	0.77	0.68	0.77	0.68	0.8	0.32	0.39	0.58	-0.76	0.79	0.49	0.21	0.83	0.83	0.84	0.29	-0.51	-0.73	0.84	0.53		0.01	0.85	-0.7
Net Working Capital	-0.1	0.0	-0.35	-0.03	-0.25	-0.25	-0.16	0.89	-0.19	0.08	0.15	-0.3	-0.35	0.21	-0.15	-0.18	0.0	-0.14	-0.1	0.06	-0.14	-0.11	0.01		-0.03	0.27
Capital Stock	0.96	0.97	0.93	0.8	0.95	0.9	0.94	0.36	0.65	0.62	-0.66	0.95	0.59	0.41	0.94	0.98	0.99	0.58	-0.62	-0.94	0.92	0.76	0.85	-0.03		-0.85
Intangible Assets	-0.84	-0.82	-0.87	-0.74	-0.87	-0.76	-0.85	-0.09	-0.6	-0.43	0.74	-0.81	-0.57	-0.32	-0.78	-0.89	-0.84	-0.43	0.44	0.8	-0.79	-0.71	-0.7	0.27	-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 Essential Utilities

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

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

Environmental

Governance

Social

Essential Utilities Institutional Holders

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

		Shares
Legal & General Group Plc	2024-06-30	3.7 M
Fmr Inc	2024-06-30	3.3 M
First Trust Advisors L.p.	2024-06-30	3.2 M
Northern Trust Corp	2024-06-30	3.1 M
Bank Of New York Mellon Corp	2024-06-30	2.8 M
Duff & Phelps Inv Mgmt Co (il)	2024-06-30	2.4 M
Norges Bank	2024-06-30	2.1 M
Tandem Investment Advisors Inc	2024-06-30	2 M
Ubs Asset Mgmt Americas Inc	2024-06-30	2 M
Blackrock Inc	2024-06-30	30.8 M
Vanguard Group Inc	2024-06-30	27.8 M

Essential Fundamentals

	Return On Equity	0.0902
	Return On Asset	0.026
	Profit Margin	0.28 %
	Operating Margin	0.36 %
	Current Valuation	18.02 B
	Shares Outstanding	274.61 M
	Shares Owned By Insiders	0.19 %
	Shares Owned By Institutions	81.59 %
	Number Of Shares Shorted	4 M
	Price To Earning	28.79 X
	Price To Book	1.71 X
	Price To Sales	5.41 X
	Revenue	2.05 B
	Gross Profit	1.07 B
	EBITDA	1.06 B
	Net Income	498.23 M
	Cash And Equivalents	12.98 M
	Cash Per Share	0.05 X
	Total Debt	7.09 B
	Debt To Equity	1.17 %
	Current Ratio	0.76 X
	Book Value Per Share	22.51 X
	Cash Flow From Operations	933.59 M
	Short Ratio	3.01 X
	Earnings Per Share	1.99 X
	Price To Earnings To Growth	2.71 X
	Target Price	45.8
	Number Of Employees	3.26 K
	Beta	0.84
	Market Capitalization	10.6 B
	Total Asset	17.26 B
	Retained Earnings	1.71 B
	Working Capital	(305.95 M)
	Annual Yield	0.03 %
	Five Year Return	2.20 %
	Net Asset	17.26 B
	Last Dividend Paid	1.25

About Essential Utilities Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Essential Utilities's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Essential Utilities using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Essential Utilities 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 Essential Utilities is a strong investment it is important to analyze Essential Utilities' 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 Essential Utilities' future performance. For an informed investment choice regarding Essential Stock, refer to the following important reports:

How To Invest In Essential

Details

Is Essential Stock a good investment?

Details

What is Essential Utilities' Net Worth?

Details

Largest Water Utilities Companies

View

Largest Utilities - Regulated Water Companies

View

Check out Essential Utilities Piotroski F Score and Essential Utilities Valuation analysis.

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

You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.

Is Water Utilities 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 Essential Utilities. If investors know Essential 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 Essential Utilities 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

(0.17)

Dividend Share

1.247

Earnings Share

1.99

Revenue Per Share

7.169

Quarterly Revenue Growth

0.058

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

Essential Utilities 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 )

Essential Z Score Driver Correlations

Essential Utilities ESG Sustainability

Essential Utilities Institutional Holders

Essential Fundamentals

About Essential Utilities Fundamental Analysis

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