Chevron Z Score

CVX -- USA Stock

USD 123.440.820.67%

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 Chevron Piotroski F Score and Chevron 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..
Chevron
 Z Score = Sum Of 5 Factors
=
3.6
 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 )

Chevron 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 Chevron

Income

Chevron Income Change Over Time

Accumulated Other Comprehensive Income

Chevron Corporation has Z Score of 3.6. This is much higher than that of the Energy sector, and significantly higher than that of Oil & Gas Integrated industry, The Z Score for all stocks is over 1000% lower than the firm.

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Fundamental Indicators

Current Chevron financial ratios

 Return On Equity 8.10 % Return On Asset 2.11 % Profit Margin 8.47 % Operating Margin 18.38 % Current Valuation 256.93 B Shares Outstanding 1.92 B Shares Owned by Insiders 0.07 % Shares Owned by Institutions 66.89 % Number of Shares Shorted 16.71 M Price to Earning 19.07 times Price to Book 1.53 times Price to Sales 1.62 times Revenue 142.99 B Gross Profit 39.47 B EBITDA 26.28 B Net Income 12.11 B Cash and Equivalents 7.69 B Cash per Share 4.01 times Total Debt 38.52 B Debt to Equity 25.10 % Current Ratio 1.08 times Book Value Per Share 79.43 times Cash Flow from Operations 9.33 B Short Ratio 3.36 times Earnings Per Share 6.35 times Price to Earnings To Growth 0.28 times Number of Employees 51.9 K Beta 1.05 Market Capitalization 232.1 B Total Asset 264.54 B Retained Earnings 173.05 B Working Capital 8.96 B Current Asset 34.43 B Current Liabilities 25.47 B Z Score 3.6 Five Year Return 3.91 % Last Dividend Paid 4.48

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