United Airlines Holdings Stock Z Score

UAL Stock

USD 52.67 1.36 2.52%

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 United Airlines Piotroski F Score and United Airlines Valuation analysis.

At this time, United Airlines' Change In Working Capital is quite stable compared to the past year. Capital Expenditures is expected to rise to about 7.5 B this year, although the value of Capital Lease Obligations will most likely fall to about 3.5 B. At this time, United Airlines' Operating Income is quite stable compared to the past year. EBIT is expected to rise to about 5.4 B this year, although the value of Total Other Income Expense Net is projected to rise to (1.7 B).

United Airlines Holdings Company Z Score Analysis

United Airlines' 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 )

United Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for United Airlines is extremely important. It helps to project a fair market value of United Stock properly, considering its historical fundamentals such as Z Score. Since United Airlines' 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 United Airlines' 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 United Airlines' 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	Short Term Investments	Intangible Assets	Current Deferred Revenue	Long Term Debt	Treasury Stock	Property Plant Equipment	Good Will	Deferred Long Term Liab	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Short Long Term Debt	Long Term Investments	Net Invested Capital	Net Working Capital	Capital Stock	Accumulated Depreciation
Total Assets		0.54	0.94	0.34	0.86	0.74	0.98	0.91	0.92	-0.65	0.64	-0.01	0.43	0.88	-0.71	0.85	0.69	0.42	0.34	0.77	0.59	0.73	0.85	0.84	0.58	0.81	0.52
Total Stockholder Equity	0.54		0.53	0.91	0.54	0.23	0.37	0.19	0.35	-0.37	0.42	-0.2	0.29	0.28	-0.53	0.54	0.39	0.0	0.2	0.23	-0.06	0.21	0.55	0.35	-0.04	0.26	0.34
Net Debt	0.94	0.53		0.39	0.85	0.67	0.92	0.87	0.94	-0.41	0.77	-0.26	0.35	0.91	-0.78	0.96	0.47	0.39	0.49	0.82	0.64	0.81	0.91	0.91	0.55	0.89	0.64
Retained Earnings	0.34	0.91	0.39		0.28	0.03	0.17	0.02	0.2	-0.05	0.21	-0.49	0.23	0.2	-0.62	0.42	0.07	0.02	0.24	0.2	-0.18	0.14	0.52	0.3	-0.01	0.19	0.21
Accounts Payable	0.86	0.54	0.85	0.28		0.72	0.83	0.75	0.83	-0.6	0.84	0.1	0.29	0.65	-0.44	0.83	0.65	0.41	0.37	0.55	0.45	0.64	0.72	0.65	0.17	0.64	0.66
Net Receivables	0.74	0.23	0.67	0.03	0.72		0.76	0.74	0.68	-0.58	0.52	0.11	0.42	0.67	-0.4	0.57	0.66	0.36	0.12	0.74	0.59	0.77	0.7	0.64	0.45	0.64	0.42
Total Liab	0.98	0.37	0.92	0.17	0.83	0.76		0.96	0.94	-0.63	0.61	0.03	0.41	0.91	-0.66	0.81	0.67	0.46	0.33	0.8	0.66	0.75	0.81	0.85	0.65	0.83	0.5
Total Current Assets	0.91	0.19	0.87	0.02	0.75	0.74	0.96		0.94	-0.46	0.58	-0.06	0.37	0.95	-0.64	0.79	0.5	0.43	0.3	0.86	0.77	0.82	0.78	0.86	0.75	0.88	0.48
Short Term Debt	0.92	0.35	0.94	0.2	0.83	0.68	0.94	0.94		-0.39	0.66	-0.18	0.25	0.92	-0.69	0.89	0.45	0.45	0.39	0.83	0.73	0.85	0.85	0.91	0.6	0.9	0.67
Common Stock	-0.65	-0.37	-0.41	-0.05	-0.6	-0.58	-0.63	-0.46	-0.39		-0.27	-0.69	-0.43	-0.3	0.06	-0.24	-0.99	-0.24	0.08	-0.18	-0.11	-0.15	-0.26	-0.2	-0.13	-0.18	-0.1
Short Term Investments	0.64	0.42	0.77	0.21	0.84	0.52	0.61	0.58	0.66	-0.27		-0.1	0.14	0.53	-0.35	0.84	0.33	0.2	0.51	0.47	0.5	0.6	0.58	0.56	0.06	0.61	0.68
Intangible Assets	-0.01	-0.2	-0.26	-0.49	0.1	0.11	0.03	-0.06	-0.18	-0.69	-0.1		0.02	-0.32	0.61	-0.38	0.64	-0.02	-0.28	-0.42	-0.19	-0.37	-0.46	-0.42	-0.32	-0.39	-0.2
Current Deferred Revenue	0.43	0.29	0.35	0.23	0.29	0.42	0.41	0.37	0.25	-0.43	0.14	0.02		0.4	-0.4	0.19	0.36	0.3	-0.21	0.3	0.05	0.16	0.44	0.16	0.45	0.12	-0.38
Long Term Debt	0.88	0.28	0.91	0.2	0.65	0.67	0.91	0.95	0.92	-0.3	0.53	-0.32	0.4		-0.8	0.84	0.35	0.4	0.34	0.93	0.74	0.84	0.87	0.93	0.84	0.93	0.45
Treasury Stock	-0.71	-0.53	-0.78	-0.62	-0.44	-0.4	-0.66	-0.64	-0.69	0.06	-0.35	0.61	-0.4	-0.8		-0.73	-0.1	-0.35	-0.49	-0.78	-0.49	-0.66	-0.88	-0.83	-0.67	-0.74	-0.32
Property Plant Equipment	0.85	0.54	0.96	0.42	0.83	0.57	0.81	0.79	0.89	-0.24	0.84	-0.38	0.19	0.84	-0.73		0.31	0.33	0.54	0.77	0.64	0.8	0.86	0.88	0.43	0.88	0.75
Good Will	0.69	0.39	0.47	0.07	0.65	0.66	0.67	0.5	0.45	-0.99	0.33	0.64	0.36	0.35	-0.1	0.31		0.25	-0.03	0.27	0.21	0.26	0.32	0.29	0.14	0.27	0.24
Deferred Long Term Liab	0.42	0.0	0.39	0.02	0.41	0.36	0.46	0.43	0.45	-0.24	0.2	-0.02	0.3	0.4	-0.35	0.33	0.25		0.38	0.36	0.18	0.31	0.42	0.39	0.28	0.34	0.16
Net Tangible Assets	0.34	0.2	0.49	0.24	0.37	0.12	0.33	0.3	0.39	0.08	0.51	-0.28	-0.21	0.34	-0.49	0.54	-0.03	0.38		0.31	0.31	0.34	0.4	0.49	0.05	0.46	0.48
Long Term Debt Total	0.77	0.23	0.82	0.2	0.55	0.74	0.8	0.86	0.83	-0.18	0.47	-0.42	0.3	0.93	-0.78	0.77	0.27	0.36	0.31		0.82	0.94	0.86	0.94	0.81	0.94	0.52
Capital Surpluse	0.59	-0.06	0.64	-0.18	0.45	0.59	0.66	0.77	0.73	-0.11	0.5	-0.19	0.05	0.74	-0.49	0.64	0.21	0.18	0.31	0.82		0.86	0.54	0.8	0.64	0.86	0.6
Short Long Term Debt	0.73	0.21	0.81	0.14	0.64	0.77	0.75	0.82	0.85	-0.15	0.6	-0.37	0.16	0.84	-0.66	0.8	0.26	0.31	0.34	0.94	0.86		0.83	0.91	0.61	0.92	0.69
Long Term Investments	0.85	0.55	0.91	0.52	0.72	0.7	0.81	0.78	0.85	-0.26	0.58	-0.46	0.44	0.87	-0.88	0.86	0.32	0.42	0.4	0.86	0.54	0.83		0.88	0.59	0.81	0.5
Net Invested Capital	0.84	0.35	0.91	0.3	0.65	0.64	0.85	0.86	0.91	-0.2	0.56	-0.42	0.16	0.93	-0.83	0.88	0.29	0.39	0.49	0.94	0.8	0.91	0.88		0.69	0.98	0.69
Net Working Capital	0.58	-0.04	0.55	-0.01	0.17	0.45	0.65	0.75	0.6	-0.13	0.06	-0.32	0.45	0.84	-0.67	0.43	0.14	0.28	0.05	0.81	0.64	0.61	0.59	0.69		0.71	0.02
Capital Stock	0.81	0.26	0.89	0.19	0.64	0.64	0.83	0.88	0.9	-0.18	0.61	-0.39	0.12	0.93	-0.74	0.88	0.27	0.34	0.46	0.94	0.86	0.92	0.81	0.98	0.71		0.7
Accumulated Depreciation	0.52	0.34	0.64	0.21	0.66	0.42	0.5	0.48	0.67	-0.1	0.68	-0.2	-0.38	0.45	-0.32	0.75	0.24	0.16	0.48	0.52	0.6	0.69	0.5	0.69	0.02	0.7

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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 United Airlines

As per the company's disclosures, United Airlines Holdings has a Z Score of 0.0. This is 100.0% lower than that of the Passenger Airlines sector and 100.0% lower than that of the Industrials industry. The z score for all United States stocks is 100.0% higher than that of the company.

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

Environment Score

Governance Score

Social Score

United Airlines Institutional Holders

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

		Shares
Dimensional Fund Advisors, Inc.	2023-12-31	4.1 M
Newport Trust Co.	2023-12-31	3.8 M
Lsv Asset Management	2023-12-31	3.4 M
Goldman Sachs Group Inc	2023-12-31	3.2 M
Northern Trust Corp	2023-12-31	2.4 M
Par Capital Management Inc	2023-12-31	2.2 M
Qube Research & Technologies	2023-12-31	2.2 M
Gmt Capital Corp	2023-12-31	2.2 M
Citadel Advisors Llc	2023-09-30	1.9 M
Vanguard Group Inc	2023-12-31	37 M
Primecap Management Company	2023-12-31	23.4 M

United Fundamentals

	Return On Equity	0.34
	Return On Asset	0.0477
	Profit Margin	0.05 %
	Operating Margin	0.01 %
	Current Valuation	38.62 B
	Shares Outstanding	328.8 M
	Shares Owned By Insiders	0.40 %
	Shares Owned By Institutions	70.03 %
	Number Of Shares Shorted	16.79 M
	Price To Earning	8.54 X
	Price To Book	1.47 X
	Price To Sales	0.26 X
	Revenue	53.72 B
	Gross Profit	13.19 B
	EBITDA	7.83 B
	Net Income	2.62 B
	Cash And Equivalents	18.7 B
	Cash Per Share	57.18 X
	Total Debt	36.74 B
	Debt To Equity	7.83 %
	Current Ratio	1.03 X
	Book Value Per Share	27.94 X
	Cash Flow From Operations	6.91 B
	Short Ratio	2.16 X
	Earnings Per Share	8.19 X
	Price To Earnings To Growth	0.54 X
	Target Price	68.08
	Number Of Employees	104.5 K
	Beta	1.54
	Market Capitalization	17.77 B
	Total Asset	71.1 B
	Retained Earnings	3.83 B
	Working Capital	(3.72 B)
	Current Asset	7.83 B
	Current Liabilities	12.41 B
	Net Asset	71.1 B

About United Airlines Fundamental Analysis

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

United Airlines Investors Sentiment

The influence of United Airlines' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in United. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to United Airlines' public news can be used to forecast risks associated with an investment in United. The trend in average sentiment can be used to explain how an investor holding United can time the market purely based on public headlines and social activities around United Airlines Holdings. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

United Airlines' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for United Airlines' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average United Airlines' news discussions. The higher the estimated score, the more favorable is the investor's outlook on United Airlines.

United Airlines Implied Volatility

59.59

United Airlines' implied volatility exposes the market's sentiment of United Airlines Holdings stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if United Airlines' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that United Airlines stock will not fluctuate a lot when United Airlines' options are near their expiration.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards United Airlines in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, United Airlines' short interest history, or implied volatility extrapolated from United Airlines options trading.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

S	SentinelOne
GM	General Motors
V	Visa Class A

When determining whether United Airlines Holdings is a strong investment it is important to analyze United Airlines' 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 United Airlines' future performance. For an informed investment choice regarding United Stock, refer to the following important reports:

How To Invest In United

Details

Is United Stock a good investment?

Details

What is United Airlines' Net Worth?

Details

Largest Passenger Airlines Companies

View

Largest Transportation Companies

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Check out United Airlines Piotroski F Score and United Airlines Valuation analysis.

Note that the United Airlines Holdings information on this page should be used as a complementary analysis to other United Airlines' 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.

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

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Is United Airlines' 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 United Airlines. If investors know United 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 United Airlines 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

(0.29)

Earnings Share

8.19

Revenue Per Share

167.143

Quarterly Revenue Growth

0.097

Return On Assets

0.0477

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

United Airlines Holdings 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 )

United Z Score Driver Correlations

United Airlines ESG Sustainability

United Airlines Institutional Holders

United Fundamentals

About United Airlines Fundamental Analysis

United Airlines Investors Sentiment

United Airlines Implied Volatility

Also Currently Popular

Complementary Tools for United Stock analysis

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