Becton Dickinson And Stock Z Score

BDX Stock

USD 233.83 0.53 0.23%

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 Becton Dickinson Piotroski F Score and Becton Dickinson Valuation analysis.

At this time, Becton Dickinson's Net Invested Capital is fairly stable compared to the past year. Net Working Capital is likely to rise to about 2.8 B in 2024, whereas Capital Surpluse is likely to drop slightly above 11.5 B in 2024. At this time, Becton Dickinson's Total Operating Expenses is fairly stable compared to the past year. Income Before Tax is likely to rise to about 2 B in 2024, despite the fact that Total Other Income Expense Net is likely to grow to (306.9 M).

Becton Dickinson and Company Z Score Analysis

Becton Dickinson's 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 )

Becton Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Becton Dickinson is extremely important. It helps to project a fair market value of Becton Stock properly, considering its historical fundamentals such as Z Score. Since Becton Dickinson's 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 Becton Dickinson's 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 Becton Dickinson's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock	Short Term Investments	Long Term Debt	Good Will	Treasury Stock	Property Plant Equipment	Current Deferred Revenue	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Short Long Term Debt	Long Term Investments	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.98	0.92	0.77	0.96	0.98	0.54	0.63	0.47	0.93	0.53	-0.68	0.93	0.97	-0.26	0.84	-0.67	-0.85	0.89	0.91	-0.71	-0.93	0.02	-0.31	-0.9	0.63
Total Stockholder Equity	0.98		0.87	0.76	0.95	0.91	0.47	0.57	0.33	0.97	0.46	-0.64	0.84	0.98	-0.22	0.82	-0.77	-0.77	0.79	0.92	-0.61	-0.91	-0.06	-0.43	-0.92	0.73
Net Debt	0.92	0.87		0.65	0.88	0.93	0.25	0.79	0.61	0.8	0.47	-0.66	0.85	0.93	-0.15	0.76	-0.49	-0.97	0.83	0.83	-0.62	-0.78	-0.26	-0.13	-0.89	0.47
Retained Earnings	0.77	0.76	0.65		0.89	0.75	0.61	0.47	0.11	0.72	0.8	-0.17	0.69	0.69	-0.76	0.71	-0.39	-0.52	0.6	0.6	-0.57	-0.6	0.04	-0.44	-0.56	0.62
Net Receivables	0.96	0.95	0.88	0.89		0.93	0.54	0.57	0.34	0.9	0.64	-0.52	0.87	0.93	-0.42	0.83	-0.62	-0.78	0.81	0.84	-0.68	-0.83	-0.04	-0.35	-0.83	0.69
Total Liab	0.98	0.91	0.93	0.75	0.93		0.58	0.66	0.58	0.85	0.56	-0.69	0.98	0.93	-0.28	0.82	-0.55	-0.89	0.95	0.87	-0.78	-0.9	0.09	-0.18	-0.84	0.5
Total Current Assets	0.54	0.47	0.25	0.61	0.54	0.58		0.05	0.12	0.42	0.52	-0.29	0.69	0.36	-0.52	0.47	-0.28	-0.21	0.66	0.41	-0.65	-0.62	0.8	-0.19	-0.2	0.29
Short Term Debt	0.63	0.57	0.79	0.47	0.57	0.66	0.05		0.52	0.5	0.34	-0.47	0.56	0.65	-0.15	0.48	-0.16	-0.77	0.55	0.54	-0.26	-0.47	-0.34	-0.06	-0.66	0.24
Intangible Assets	0.47	0.33	0.61	0.11	0.34	0.58	0.12	0.52		0.25	0.32	-0.41	0.58	0.43	0.02	0.43	-0.16	-0.78	0.64	0.49	-0.38	-0.48	-0.04	0.38	-0.52	-0.25
Accounts Payable	0.93	0.97	0.8	0.72	0.9	0.85	0.42	0.5	0.25		0.37	-0.66	0.76	0.95	-0.2	0.78	-0.76	-0.69	0.71	0.88	-0.61	-0.85	-0.08	-0.59	-0.87	0.77
Common Stock	0.53	0.46	0.47	0.8	0.64	0.56	0.52	0.34	0.32	0.37		0.08	0.53	0.41	-0.83	0.74	-0.19	-0.46	0.52	0.49	-0.44	-0.4	0.05	-0.18	-0.36	0.26
Short Term Investments	-0.68	-0.64	-0.66	-0.17	-0.52	-0.69	-0.29	-0.47	-0.41	-0.66	0.08		-0.7	-0.69	-0.32	-0.47	0.51	0.63	-0.73	-0.68	0.65	0.71	-0.14	0.2	0.63	-0.37
Long Term Debt	0.93	0.84	0.85	0.69	0.87	0.98	0.69	0.56	0.58	0.76	0.53	-0.7		0.84	-0.26	0.77	-0.48	-0.83	0.98	0.81	-0.83	-0.9	0.28	-0.1	-0.74	0.42
Good Will	0.97	0.98	0.93	0.69	0.93	0.93	0.36	0.65	0.43	0.95	0.41	-0.69	0.84		-0.12	0.81	-0.73	-0.85	0.81	0.92	-0.6	-0.89	-0.16	-0.35	-0.96	0.66
Treasury Stock	-0.26	-0.22	-0.15	-0.76	-0.42	-0.28	-0.52	-0.15	0.02	-0.2	-0.83	-0.32	-0.26	-0.12		-0.38	-0.05	0.1	-0.2	-0.11	0.31	0.11	-0.17	0.32	0.02	-0.13
Property Plant Equipment	0.84	0.82	0.76	0.71	0.83	0.82	0.47	0.48	0.43	0.78	0.74	-0.47	0.77	0.81	-0.38		-0.62	-0.73	0.8	0.93	-0.62	-0.79	-0.04	-0.41	-0.79	0.56
Current Deferred Revenue	-0.67	-0.77	-0.49	-0.39	-0.62	-0.55	-0.28	-0.16	-0.16	-0.76	-0.19	0.51	-0.48	-0.73	-0.05	-0.62		0.42	-0.46	-0.76	0.24	0.78	0.04	0.45	0.77	-0.57
Net Tangible Assets	-0.85	-0.77	-0.97	-0.52	-0.78	-0.89	-0.21	-0.77	-0.78	-0.69	-0.46	0.63	-0.83	-0.85	0.1	-0.73	0.42		-0.84	-0.8	0.6	0.74	0.23	-0.03	0.86	-0.26
Long Term Debt Total	0.89	0.79	0.83	0.6	0.81	0.95	0.66	0.55	0.64	0.71	0.52	-0.73	0.98	0.81	-0.2	0.8	-0.46	-0.84		0.83	-0.82	-0.89	0.29	-0.07	-0.73	0.36
Capital Surpluse	0.91	0.92	0.83	0.6	0.84	0.87	0.41	0.54	0.49	0.88	0.49	-0.68	0.81	0.92	-0.11	0.93	-0.76	-0.8	0.83		-0.6	-0.91	-0.06	-0.38	-0.92	0.59
Short Long Term Debt	-0.71	-0.61	-0.62	-0.57	-0.68	-0.78	-0.65	-0.26	-0.38	-0.61	-0.44	0.65	-0.83	-0.6	0.31	-0.62	0.24	0.6	-0.82	-0.6		0.62	-0.37	0.21	0.41	-0.36
Long Term Investments	-0.93	-0.91	-0.78	-0.6	-0.83	-0.9	-0.62	-0.47	-0.48	-0.85	-0.4	0.71	-0.9	-0.89	0.11	-0.79	0.78	0.74	-0.89	-0.91	0.62		-0.23	0.26	0.87	-0.51
Cash And Equivalents	0.02	-0.06	-0.26	0.04	-0.04	0.09	0.8	-0.34	-0.04	-0.08	0.05	-0.14	0.28	-0.16	-0.17	-0.04	0.04	0.23	0.29	-0.06	-0.37	-0.23		0.08	0.28	-0.12
Net Invested Capital	-0.31	-0.43	-0.13	-0.44	-0.35	-0.18	-0.19	-0.06	0.38	-0.59	-0.18	0.2	-0.1	-0.35	0.32	-0.41	0.45	-0.03	-0.07	-0.38	0.21	0.26	0.08		0.28	-0.64
Net Working Capital	-0.9	-0.92	-0.89	-0.56	-0.83	-0.84	-0.2	-0.66	-0.52	-0.87	-0.36	0.63	-0.74	-0.96	0.02	-0.79	0.77	0.86	-0.73	-0.92	0.41	0.87	0.28	0.28		-0.54
Capital Stock	0.63	0.73	0.47	0.62	0.69	0.5	0.29	0.24	-0.25	0.77	0.26	-0.37	0.42	0.66	-0.13	0.56	-0.57	-0.26	0.36	0.59	-0.36	-0.51	-0.12	-0.64	-0.54

Click cells to compare fundamentals

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 Becton Dickinson

In accordance with the company's disclosures, Becton Dickinson and has a Z Score of 0.0. This is 100.0% lower than that of the Health Care Equipment & Supplies sector and 100.0% lower than that of the Health Care industry. The z score for all United States stocks is 100.0% higher than that of the company.

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

Environment Score

Governance Score

Social Score

Becton Dickinson Institutional Holders

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

		Shares
Massachusetts Financial Services Company	2023-12-31	4 M
Bank Of New York Mellon Corp	2023-12-31	3.9 M
Amvescap Plc.	2023-12-31	3.8 M
Wells Fargo & Co	2023-12-31	3.7 M
Clearbridge Advisors, Llc	2023-12-31	3.2 M
Norges Bank	2023-12-31	3.1 M
Franklin Resources Inc	2023-12-31	3.1 M
Northern Trust Corp	2023-12-31	2.8 M
Mackenzie Investments	2023-12-31	2.6 M
Vanguard Group Inc	2023-12-31	26.1 M
Blackrock Inc	2023-12-31	22.8 M

Becton Fundamentals

	Return On Equity	0.0513
	Return On Asset	0.0312
	Profit Margin	0.06 %
	Operating Margin	0.11 %
	Current Valuation	82.5 B
	Shares Outstanding	288.9 M
	Shares Owned By Insiders	0.31 %
	Shares Owned By Institutions	89.33 %
	Number Of Shares Shorted	2.93 M
	Price To Earning	45.86 X
	Price To Book	2.68 X
	Price To Sales	3.49 X
	Revenue	19.37 B
	Gross Profit	8.82 B
	EBITDA	4.71 B
	Net Income	1.53 B
	Cash And Equivalents	1.42 B
	Cash Per Share	9.02 X
	Total Debt	15.88 B
	Debt To Equity	0.64 %
	Current Ratio	1.35 X
	Book Value Per Share	87.68 X
	Cash Flow From Operations	2.99 B
	Short Ratio	2.10 X
	Earnings Per Share	4.36 X
	Price To Earnings To Growth	1.34 X
	Target Price	278.54
	Number Of Employees	73 K
	Beta	0.46
	Market Capitalization	67.71 B
	Total Asset	52.78 B
	Retained Earnings	15.54 B
	Working Capital	2.04 B
	Current Asset	6.37 B
	Current Liabilities	4.4 B
	Annual Yield	0.02 %
	Five Year Return	1.29 %
	Net Asset	52.78 B
	Last Dividend Paid	3.68

About Becton Dickinson Fundamental Analysis

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

Pair Trading with Becton Dickinson

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Becton Dickinson position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Becton Dickinson will appreciate offsetting losses from the drop in the long position's value.

Moving together with Becton Stock

0.63

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Pair Corr

The ability to find closely correlated positions to Becton Dickinson could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Becton Dickinson when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Becton Dickinson - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Becton Dickinson and to buy it.

The correlation of Becton Dickinson is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Becton Dickinson moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Becton Dickinson moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Becton Dickinson can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Becton Dickinson offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Becton Dickinson's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Becton Dickinson And Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Becton Dickinson And Stock:

How To Invest In Becton

Details

Is Becton Stock a good investment?

Details

What is Becton Dickinson's Net Worth?

Details

Largest Health Care Equipment & Supplies Companies

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Largest Health Care Equipment & Services Companies

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Check out Becton Dickinson Piotroski F Score and Becton Dickinson Valuation analysis.

Note that the Becton Dickinson information on this page should be used as a complementary analysis to other Becton Dickinson's 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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

Complementary Tools for Becton Stock analysis

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

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Is Becton Dickinson's 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 Becton Dickinson. If investors know Becton 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 Becton Dickinson 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

(0.43)

Dividend Share

3.68

Earnings Share

4.36

Revenue Per Share

67.719

Quarterly Revenue Growth

0.026

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

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Becton Dickinson And Stock Z Score

Becton Dickinson and 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 )

Becton Z Score Driver Correlations

Becton Dickinson ESG Sustainability

Becton Dickinson Institutional Holders

Becton Fundamentals

About Becton Dickinson Fundamental Analysis

Pair Trading with Becton Dickinson

Moving together with Becton Stock

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