Macys Z Score

M -- USA Stock  

USD 35.16  1.11  3.06%

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 see also Macys Piotroski F Score and Macys Valuation analysis.
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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 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 late 1960s at New York University..
Macys 
Z Score 
 = 
Sum Of  
 
5 Factors 
 = 
1.6
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 )

Macys 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 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 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

Income

Macys Income Change Over Time

Consolidated Income

Macys has Z Score of 1.6. This is much higher than that of the Consumer Cyclical sector, and significantly higher than that of Department Stores industry, The Z Score for all stocks is over 1000% lower than the firm.

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Macys Institutional Holders

Current Institutional Investors

Security TypeSharesValue
Vanguard Group IncCommon Shares33.1 M1.2 B
Blackrock IncCommon Shares28 M1 B
American International Group IncCommon Shares17.9 M669.3 M
State Street CorpCommon Shares13.8 M516.4 M
Bank Of New York Mellon CorpCommon Shares9.8 M367.8 M
Dimensional Fund Advisors LpCommon Shares8.6 M321.5 M
Fmr LlcCommon Shares7.7 M289.7 M
Susquehanna International Group LlpPut Options5.8 M215.6 M
Anchorage Capital Group LlcCall Options4 M149.7 M


 
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