American Airlines Z Score

AAL -- USA Stock

USD 41.490.140.34%

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 also American Airlines Piotroski F Score and American Airlines Valuation analysis.
 Symbol

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..
American Airlines
 Z Score = Sum Of 5 Factors
=
0
 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 )

Distress Driver Correlations

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 Predict American Airlines

Income

American Airlines Income Change Over Time

Accumulated Other Comprehensive Income

American Airlines Group has Z Score of 0.0. This indicator is about the same for the Industrials average (which is currently at 0.0) sector, and about the same as Airlines (which currently averages 0.0) industry, This indicator is about the same for all stocks average (which is currently at 0.0).

Peer Comparison

American Airlines Z Score Comparison
 Z Score
 American Airlines Comparables
American Airlines is rated below average in z score category among related companies.

Did you try this?

Run Piotroski F Score Now

Piotroski F Score

Get Piotroski F Score based on binary analysis strategy of nine different fundamentals
 All  Next Launch Piotroski F Score

Thematic Opportunities

Explore Investment Opportunities
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked.
 Explore Investing Ideas

Fundamental Indicators

Current American Airlines financial ratios
 Return On Equity 144.73 % Return On Asset 5.36 % Profit Margin 4.13 % Operating Margin 15.41 % Current Valuation 39.47 B Shares Outstanding 468.15 M Shares Owned by Insiders 41.70 % Shares Owned by Institutions 6.83 % Number of Shares Shorted 28.63 M Price to Earning 11.53 times Price to Book 5.20 times Price to Sales 0.46 times Revenue 42.79 B Gross Profit 31.12 B EBITDA 6.59 B Net Income 1.76 B Cash and Equivalents 5.29 B Cash per Share 11.30 times Total Debt 24.74 B Debt to Equity 638.40 % Current Ratio 0.57 times Book Value Per Share 2.18 times Cash Flow from Operations (504.88 M) Short Ratio 4.83 times Earnings Per Share 3.65 times Price to Earnings To Growth 0.75 times Number of Employees 128.6 K Beta 1.31 Market Capitalization 19.68 B Total Asset 48.41 B Retained Earnings 1.64 B Working Capital (3.62 B) Current Asset 9.98 B Current Liabilities 13.61 B Last Dividend Paid 0.4