Macys Total Debt vs. Z Score

M -- USA Stock  

USD 34.38  0.37  1.06%

The Drivers Module shows relationships between Macys's most relevant fundamental drivers and provides multiple suggestions of what could possibly affect the performance of Macys over time as well as its relative position and ranking within its peers. Please see also Stocks Correlation

Macys Z Score vs. Total Debt Fundamental Analysis

Macys is rated below average in total debt category among related companies. It is rated below average in z score category among related companies . The ratio of Total Debt to Z Score for Macys is about  3,462,500,000 
Macys is rated below average in total debt category among related companies. Total debt of Department Stores industry is now estimated at about 28.96 Billion. Macys retains roughly 5.54 Billion in total debt claiming about 19% of equities under Department Stores industry.
Total debt  Capitalization  Workforce  Revenue  Valuation
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principle payments will eventually prevent the firm from borrow excessively.
Macys 
Total Debt 
 = 
Bonds 
+  
Notes 
=
5.54 B
In most industries, total debt may also include current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meaningful to compare total debt amounts between companies that operate within the same sector.
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
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.

Macys Z Score Comparison

  Z Score 
      Macys Comparables 
Macys is rated below average in z score category among related companies.
  Total Debt 
      Macys Comparables 
Macys is rated below average in total debt category among related companies.
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