Consolidated Water Co Stock Z Score

CWCO Stock

USD 27.04 0.23 0.86%

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 Consolidated Water Piotroski F Score and Consolidated Water Valuation analysis.

At this time, Consolidated Water's Additional Paid In Capital is very stable compared to the past year. As of the 8th of May 2024, Capital Stock is likely to grow to about 10.1 M, while Capital Surpluse is likely to drop about 94.2 M. At this time, Consolidated Water's Total Other Income Expense Net is very stable compared to the past year. As of the 8th of May 2024, Net Income Applicable To Common Shares is likely to grow to about 6.9 M, while Interest Expense is likely to drop about 138 K.

Consolidated Water Co Company Z Score Analysis

Consolidated Water'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 )

Consolidated Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Consolidated Water is extremely important. It helps to project a fair market value of Consolidated Stock properly, considering its historical fundamentals such as Z Score. Since Consolidated Water'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 Consolidated Water'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 Consolidated Water's 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	Current Deferred Revenue	Common Stock	Long Term Debt	Intangible Assets	Property Plant Equipment	Good Will	Net Tangible Assets	Short Term Investments	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.99	-0.77	0.7	0.36	0.39	0.43	0.69	0.04	0.29	0.93	-0.14	0.26	0.71	0.56	0.56	-0.1	-0.61	0.44	0.29	-0.34	-0.36	0.33	0.35	0.0
Total Stockholder Equity	0.99		-0.8	0.69	0.3	0.36	0.33	0.65	-0.01	0.22	0.94	-0.18	0.27	0.74	0.56	0.55	-0.11	-0.65	0.41	0.35	-0.36	-0.36	0.29	0.3	-0.04
Net Debt	-0.77	-0.8		-0.79	-0.43	-0.5	-0.06	-0.72	0.4	-0.4	-0.81	0.49	-0.48	-0.59	-0.64	-0.62	0.1	0.83	-0.5	-0.48	0.62	0.58	-0.38	-0.38	-0.26
Retained Earnings	0.7	0.69	-0.79		0.69	0.87	0.28	0.94	-0.28	0.59	0.77	-0.37	0.41	0.53	0.62	0.86	-0.19	-0.71	0.8	0.36	-0.58	-0.59	0.78	0.67	0.67
Accounts Payable	0.36	0.3	-0.43	0.69		0.82	0.6	0.81	-0.09	0.82	0.44	-0.12	-0.02	0.17	0.1	0.63	-0.08	-0.34	0.71	-0.03	-0.15	-0.19	0.67	0.65	0.75
Net Receivables	0.39	0.36	-0.5	0.87	0.82		0.35	0.88	-0.36	0.76	0.44	-0.31	0.33	0.19	0.5	0.86	-0.21	-0.47	0.92	0.08	-0.5	-0.57	0.93	0.84	0.88
Total Liab	0.43	0.33	-0.06	0.28	0.6	0.35		0.53	0.51	0.6	0.38	0.38	-0.26	0.05	-0.05	0.25	-0.06	0.1	0.31	-0.33	0.19	0.12	0.33	0.44	0.25
Total Current Assets	0.69	0.65	-0.72	0.94	0.81	0.88	0.53		-0.11	0.75	0.76	-0.16	0.27	0.42	0.48	0.78	-0.2	-0.54	0.77	0.18	-0.48	-0.48	0.76	0.72	0.72
Short Term Debt	0.04	-0.01	0.4	-0.28	-0.09	-0.36	0.51	-0.11		-0.22	0.09	0.6	-0.59	0.09	-0.57	-0.41	0.05	0.39	-0.42	-0.1	0.55	0.64	-0.38	-0.34	-0.27
Current Deferred Revenue	0.29	0.22	-0.4	0.59	0.82	0.76	0.6	0.75	-0.22		0.29	-0.1	0.11	-0.09	0.31	0.63	-0.22	-0.21	0.69	-0.15	-0.36	-0.38	0.71	0.75	0.72
Common Stock	0.93	0.94	-0.81	0.77	0.44	0.44	0.38	0.76	0.09	0.29		-0.09	0.2	0.76	0.41	0.49	-0.13	-0.63	0.36	0.35	-0.31	-0.31	0.27	0.26	0.15
Long Term Debt	-0.14	-0.18	0.49	-0.37	-0.12	-0.31	0.38	-0.16	0.6	-0.1	-0.09		-0.35	-0.1	-0.44	-0.51	0.14	0.82	-0.38	-0.56	0.32	0.35	-0.27	-0.22	-0.18
Intangible Assets	0.26	0.27	-0.48	0.41	-0.02	0.33	-0.26	0.27	-0.59	0.11	0.2	-0.35		0.23	0.84	0.3	-0.05	-0.36	0.41	0.33	-0.65	-0.81	0.39	0.35	0.2
Property Plant Equipment	0.71	0.74	-0.59	0.53	0.17	0.19	0.05	0.42	0.09	-0.09	0.76	-0.1	0.23		0.3	0.28	0.26	-0.53	0.16	0.4	-0.33	-0.29	0.06	-0.12	-0.09
Good Will	0.56	0.56	-0.64	0.62	0.1	0.5	-0.05	0.48	-0.57	0.31	0.41	-0.44	0.84	0.3		0.65	-0.15	-0.53	0.63	0.27	-0.75	-0.86	0.61	0.57	0.22
Net Tangible Assets	0.56	0.55	-0.62	0.86	0.63	0.86	0.25	0.78	-0.41	0.63	0.49	-0.51	0.3	0.28	0.65		-0.19	-0.64	0.93	0.25	-0.59	-0.54	0.89	0.83	0.61
Short Term Investments	-0.1	-0.11	0.1	-0.19	-0.08	-0.21	-0.06	-0.2	0.05	-0.22	-0.13	0.14	-0.05	0.26	-0.15	-0.19		0.17	-0.18	-0.28	0.05	0.02	-0.2	-0.31	-0.22
Long Term Debt Total	-0.61	-0.65	0.83	-0.71	-0.34	-0.47	0.1	-0.54	0.39	-0.21	-0.63	0.82	-0.36	-0.53	-0.53	-0.64	0.17		-0.46	-0.65	0.39	0.41	-0.33	-0.27	-0.22
Capital Surpluse	0.44	0.41	-0.5	0.8	0.71	0.92	0.31	0.77	-0.42	0.69	0.36	-0.38	0.41	0.16	0.63	0.93	-0.18	-0.46		0.13	-0.58	-0.59	0.95	0.92	0.71
Deferred Long Term Liab	0.29	0.35	-0.48	0.36	-0.03	0.08	-0.33	0.18	-0.1	-0.15	0.35	-0.56	0.33	0.4	0.27	0.25	-0.28	-0.65	0.13		-0.21	-0.03	0.04	0.02	0.03
Long Term Investments	-0.34	-0.36	0.62	-0.58	-0.15	-0.5	0.19	-0.48	0.55	-0.36	-0.31	0.32	-0.65	-0.33	-0.75	-0.59	0.05	0.39	-0.58	-0.21		0.84	-0.54	-0.46	-0.38
Short Long Term Debt	-0.36	-0.36	0.58	-0.59	-0.19	-0.57	0.12	-0.48	0.64	-0.38	-0.31	0.35	-0.81	-0.29	-0.86	-0.54	0.02	0.41	-0.59	-0.03	0.84		-0.57	-0.47	-0.38
Net Invested Capital	0.33	0.29	-0.38	0.78	0.67	0.93	0.33	0.76	-0.38	0.71	0.27	-0.27	0.39	0.06	0.61	0.89	-0.2	-0.33	0.95	0.04	-0.54	-0.57		0.93	0.8
Net Working Capital	0.35	0.3	-0.38	0.67	0.65	0.84	0.44	0.72	-0.34	0.75	0.26	-0.22	0.35	-0.12	0.57	0.83	-0.31	-0.27	0.92	0.02	-0.46	-0.47	0.93		0.7
Capital Stock	0.0	-0.04	-0.26	0.67	0.75	0.88	0.25	0.72	-0.27	0.72	0.15	-0.18	0.2	-0.09	0.22	0.61	-0.22	-0.22	0.71	0.03	-0.38	-0.38	0.8	0.7

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 Consolidated Water

In accordance with the company's disclosures, Consolidated Water Co 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.

Consolidated Water Current Valuation Drivers

We derive many important indicators used in calculating different scores of Consolidated Water from analyzing Consolidated Water's financial statements. These drivers represent accounts that assess Consolidated Water's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Consolidated Water's important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	244.9M	182.2M	162.7M	226.3M	560.3M	588.3M
Enterprise Value	206.7M	140.0M	125.3M	178.1M	520.4M	546.4M

Consolidated Water Institutional Holders

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

		Shares
Vanguard Group Inc	2023-12-31	314.1 K
Renaissance Technologies Corp	2023-12-31	249.9 K
Millennium Management Llc	2023-12-31	168.4 K
Northern Trust Corp	2023-12-31	154.6 K
Uniplan Investment Counsel, Inc.	2023-12-31	150.4 K
New York State Common Retirement Fund	2023-12-31	127.4 K
Heartland Advisors Inc	2023-12-31	125 K
Farrow Financial Inc	2023-12-31	100.7 K
Navellier & Associates Inc	2023-12-31	78 K
Blackrock Inc	2023-12-31	1.1 M
Morgan Stanley - Brokerage Accounts	2023-12-31	892.2 K

Consolidated Fundamentals

	Return On Equity	0.17
	Return On Asset	0.12
	Profit Margin	0.16 %
	Operating Margin	0.25 %
	Current Valuation	388.73 M
	Shares Outstanding	15.83 M
	Shares Owned By Insiders	5.89 %
	Shares Owned By Institutions	55.81 %
	Number Of Shares Shorted	498.05 K
	Price To Earning	26.96 X
	Price To Book	2.09 X
	Price To Sales	2.16 X
	Revenue	180.21 M
	Gross Profit	30.36 M
	EBITDA	43.75 M
	Net Income	30.67 M
	Cash And Equivalents	51.09 M
	Cash Per Share	3.34 X
	Total Debt	2.67 M
	Debt To Equity	0.01 %
	Current Ratio	5.62 X
	Book Value Per Share	11.84 X
	Cash Flow From Operations	7.97 M
	Short Ratio	2.42 X
	Earnings Per Share	1.93 X
	Price To Earnings To Growth	2.37 X
	Target Price	39.5
	Number Of Employees	293
	Beta	0.1
	Market Capitalization	424.37 M
	Total Asset	219.57 M
	Retained Earnings	85.15 M
	Working Capital	88.81 M
	Current Asset	65.43 M
	Current Liabilities	13.16 M
	Annual Yield	0.01 %
	Five Year Return	2.57 %
	Net Asset	219.57 M
	Last Dividend Paid	0.36

About Consolidated Water Fundamental Analysis

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

Pair Trading with Consolidated Water

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Consolidated Water position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Consolidated Water will appreciate offsetting losses from the drop in the long position's value.

Moving together with Consolidated Stock

0.65	CDZIP	Cadiz Depositary Shares	Pair Corr
0.74	AWR	American States Water	Pair Corr

Moving against Consolidated Stock

0.87	VIVHY	Vivendi SA PK	Pair Corr
0.73	ARIS	Aris Water Solutions Buyout Trend	Pair Corr
0.71	D	Dominion Energy	Pair Corr
0.67	NI	NiSource	Pair Corr
0.57	EE	Excelerate Energy	Pair Corr

The ability to find closely correlated positions to Consolidated Water could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Consolidated Water when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Consolidated Water - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Consolidated Water Co to buy it.

The correlation of Consolidated Water is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Consolidated Water moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Consolidated Water moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Consolidated Water can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Consolidated Water offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Consolidated Water's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Consolidated Water Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Consolidated Water Co Stock:

How To Invest In Consolidated

Details

Is Consolidated Stock a good investment?

Details

What is Consolidated Water's Net Worth?

Details

Largest Water Utilities Companies

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Largest Utilities - Regulated Water Companies

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Check out Consolidated Water Piotroski F Score and Consolidated Water Valuation analysis.

Note that the Consolidated Water information on this page should be used as a complementary analysis to other Consolidated Water's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Complementary Tools for Consolidated Stock analysis

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

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Is Consolidated Water's industry 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 Consolidated Water. If investors know Consolidated 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 Consolidated Water 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

5.278

Dividend Share

0.36

Earnings Share

1.93

Revenue Per Share

11.45

Quarterly Revenue Growth

0.873

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Consolidated Water Co Stock Z Score

Consolidated Water Co 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 )

Consolidated Z Score Driver Correlations

Consolidated Water Current Valuation Drivers

Consolidated Water Institutional Holders

Consolidated Fundamentals

About Consolidated Water Fundamental Analysis

Pair Trading with Consolidated Water

Moving together with Consolidated Stock

Moving against Consolidated Stock

Complementary Tools for Consolidated Stock analysis

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