Disney Z Score vs. Current Ratio

The Walt Disney Company -- USA Stock  

USD 99.21  0.61  0.62%

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The Walt Disney Current Ratio vs. Z Score Fundamental Analysis

The Walt Disney Company is rated # 2 in z score category among related companies. It is rated # 5 in current ratio category among related companies fabricating about  0.28  of Current Ratio per Z Score. The ratio of Z Score to Current Ratio for The Walt Disney Company is roughly  3.60 
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..
Disney 
Z Score 
 = 
Sum Of  
 
5 Factors 
=
3.6
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 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.
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Disney 
Current Ratio 
 = 
Current Asset 
Current Liabilities 
=
1.00 times
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e. Current Ration of 2 to 1).

Comparison

Current Ratio Comparison
  Current Ratio 
      Disney Comparables 
Disney is currently under evaluation in current ratio category among related companies.
  Z Score 
      Disney Comparables 
Disney is currently under evaluation in z score category among related companies.
The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. more
NameThe Walt Disney Company
Analyst Consensus
Piotroski F Score
Macroaxis Advice
Bond Rating
InstrumentUSA Stock Stocks Directory
RegionNorth America
ExchangeNew York Stock Exchange
CIK Number01001039.0
ISINUS2546871060
CUSIP254687106
CurrencyUSD - US Dollar
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