Dominion Energy Stock Z Score

D Stock

USD 51.23 0.56 1.11%

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 Dominion Energy Piotroski F Score and Dominion Energy Valuation analysis.

For information on how to trade Dominion Stock refer to our How to Trade Dominion Stock guide.

At present, Dominion Energy's Net Working Capital is projected to increase significantly based on the last few years of reporting. The current year's Change In Working Capital is expected to grow to about 27.3 M, whereas Capital Lease Obligations is forecasted to decline to about 142.3 M. At present, Dominion Energy's Other Operating Expenses is projected to increase significantly based on the last few years of reporting. The current year's Total Operating Expenses is expected to grow to about 5 B, whereas Gross Profit is forecasted to decline to about 6.7 B.

Dominion Energy Company Z Score Analysis

Dominion Energy'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 )

Dominion Z Score Driver Correlations

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

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Long Term Debt	Intangible Assets	Property Plant Equipment	Short Term Investments	Current Deferred Revenue	Good Will	Deferred Long Term Liab	Net Tangible Assets	Long Term Debt Total	Long Term Investments	Accumulated Depreciation	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.96	0.97	0.16	0.42	0.85	0.99	0.33	0.37	0.81	0.96	-0.48	0.23	0.48	0.7	0.75	0.76	0.77	0.89	0.7	-0.84	0.47	-0.56	0.68	0.48	0.73
Total Stockholder Equity	0.96		0.87	0.08	0.4	0.84	0.93	0.31	0.26	0.86	0.91	-0.32	0.23	0.59	0.8	0.8	0.79	0.89	0.87	0.7	-0.87	0.42	-0.58	0.74	0.5	0.82
Net Debt	0.97	0.87		0.27	0.44	0.81	0.98	0.29	0.42	0.7	0.96	-0.57	0.21	0.35	0.57	0.68	0.66	0.62	0.86	0.65	-0.78	0.48	-0.51	0.57	0.41	0.59
Retained Earnings	0.16	0.08	0.27		0.08	0.11	0.17	-0.34	-0.1	-0.19	0.21	-0.7	0.66	0.22	-0.15	0.21	-0.31	-0.03	-0.11	-0.24	0.09	-0.2	0.12	-0.36	-0.26	-0.36
Accounts Payable	0.42	0.4	0.44	0.08		0.81	0.43	0.37	0.4	0.51	0.43	-0.43	-0.27	-0.03	0.21	0.33	0.44	0.31	0.34	0.39	-0.47	0.34	-0.27	0.58	0.28	0.48
Net Receivables	0.85	0.84	0.81	0.11	0.81		0.85	0.44	0.43	0.82	0.81	-0.5	-0.02	0.38	0.58	0.64	0.75	0.69	0.74	0.67	-0.79	0.47	-0.52	0.76	0.5	0.77
Total Liab	0.99	0.93	0.98	0.17	0.43	0.85		0.35	0.4	0.78	0.96	-0.53	0.19	0.41	0.64	0.69	0.74	0.71	0.89	0.7	-0.81	0.48	-0.54	0.65	0.48	0.69
Total Current Assets	0.33	0.31	0.29	-0.34	0.37	0.44	0.35		0.9	0.66	0.24	0.04	-0.61	0.0	0.45	0.05	0.72	0.41	0.59	0.33	-0.53	0.88	-0.51	0.72	0.89	0.64
Short Term Debt	0.37	0.26	0.42	-0.1	0.4	0.43	0.4	0.9		0.55	0.32	-0.16	-0.54	-0.11	0.34	0.07	0.6	0.3	0.57	0.22	-0.49	0.91	-0.6	0.6	0.72	0.48
Common Stock	0.81	0.86	0.7	-0.19	0.51	0.82	0.78	0.66	0.55		0.77	-0.08	-0.1	0.48	0.88	0.72	0.98	0.86	0.89	0.77	-0.96	0.7	-0.66	0.93	0.78	0.97
Long Term Debt	0.96	0.91	0.96	0.21	0.43	0.81	0.96	0.24	0.32	0.77		-0.44	0.28	0.44	0.69	0.83	0.73	0.67	0.88	0.77	-0.87	0.46	-0.5	0.62	0.43	0.66
Intangible Assets	-0.48	-0.32	-0.57	-0.7	-0.43	-0.5	-0.53	0.04	-0.16	-0.08	-0.44		-0.41	-0.07	0.15	-0.15	-0.02	-0.06	-0.14	-0.1	0.09	0.07	0.01	0.06	0.1	0.03
Property Plant Equipment	0.23	0.23	0.21	0.66	-0.27	-0.02	0.19	-0.61	-0.54	-0.1	0.28	-0.41		0.41	0.09	0.45	-0.18	0.11	-0.07	0.07	0.0	-0.48	0.18	-0.37	-0.37	-0.18
Short Term Investments	0.48	0.59	0.35	0.22	-0.03	0.38	0.41	0.0	-0.11	0.48	0.44	-0.07	0.41		0.6	0.61	0.38	0.62	0.37	0.25	-0.47	0.07	-0.33	0.24	0.2	0.41
Current Deferred Revenue	0.7	0.8	0.57	-0.15	0.21	0.58	0.64	0.45	0.34	0.88	0.69	0.15	0.09	0.6		0.84	0.84	0.88	0.81	0.61	-0.88	0.62	-0.7	0.78	0.61	0.85
Good Will	0.75	0.8	0.68	0.21	0.33	0.64	0.69	0.05	0.07	0.72	0.83	-0.15	0.45	0.61	0.84		0.64	0.71	0.7	0.67	-0.83	0.33	-0.5	0.54	0.29	0.63
Deferred Long Term Liab	0.76	0.79	0.66	-0.31	0.44	0.75	0.74	0.72	0.6	0.98	0.73	-0.02	-0.18	0.38	0.84	0.64		0.78	0.89	0.8	-0.93	0.74	-0.64	0.92	0.81	0.96
Net Tangible Assets	0.77	0.89	0.62	-0.03	0.31	0.69	0.71	0.41	0.3	0.86	0.67	-0.06	0.11	0.62	0.88	0.71	0.78		0.74	0.48	-0.78	0.46	-0.64	0.81	0.56	0.87
Long Term Debt Total	0.89	0.87	0.86	-0.11	0.34	0.74	0.89	0.59	0.57	0.89	0.88	-0.14	-0.07	0.37	0.81	0.7	0.89	0.74		0.76	-0.93	0.75	-0.63	0.81	0.74	0.81
Long Term Investments	0.7	0.7	0.65	-0.24	0.39	0.67	0.7	0.33	0.22	0.77	0.77	-0.1	0.07	0.25	0.61	0.67	0.8	0.48	0.76		-0.84	0.39	-0.33	0.65	0.54	0.72
Accumulated Depreciation	-0.84	-0.87	-0.78	0.09	-0.47	-0.79	-0.81	-0.53	-0.49	-0.96	-0.87	0.09	0.0	-0.47	-0.88	-0.83	-0.93	-0.78	-0.93	-0.84		-0.69	0.63	-0.85	-0.71	-0.87
Short Long Term Debt	0.47	0.42	0.48	-0.2	0.34	0.47	0.48	0.88	0.91	0.7	0.46	0.07	-0.48	0.07	0.62	0.33	0.74	0.46	0.75	0.39	-0.69		-0.71	0.72	0.8	0.62
Cash And Equivalents	-0.56	-0.58	-0.51	0.12	-0.27	-0.52	-0.54	-0.51	-0.6	-0.66	-0.5	0.01	0.18	-0.33	-0.7	-0.5	-0.64	-0.64	-0.63	-0.33	0.63	-0.71		-0.62	-0.39	-0.65
Net Invested Capital	0.68	0.74	0.57	-0.36	0.58	0.76	0.65	0.72	0.6	0.93	0.62	0.06	-0.37	0.24	0.78	0.54	0.92	0.81	0.81	0.65	-0.85	0.72	-0.62		0.77	0.95
Net Working Capital	0.48	0.5	0.41	-0.26	0.28	0.5	0.48	0.89	0.72	0.78	0.43	0.1	-0.37	0.2	0.61	0.29	0.81	0.56	0.74	0.54	-0.71	0.8	-0.39	0.77		0.72
Capital Stock	0.73	0.82	0.59	-0.36	0.48	0.77	0.69	0.64	0.48	0.97	0.66	0.03	-0.18	0.41	0.85	0.63	0.96	0.87	0.81	0.72	-0.87	0.62	-0.65	0.95	0.72

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 Dominion Energy

According to the company's disclosures, Dominion Energy has a Z Score of 0.0. This is 100.0% lower than that of the Multi-Utilities sector and about the same as Utilities (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.

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

Environment Score

Governance Score

Social Score

Dominion Energy Institutional Holders

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

		Shares
Amvescap Plc.	2023-12-31	12 M
Canada Pension Plan Investment Board	2023-12-31	11.5 M
Fmr Inc	2023-12-31	10.4 M
Franklin Resources Inc	2023-12-31	10.2 M
Bank Of America Corp	2023-12-31	9.8 M
Goldman Sachs Group Inc	2023-12-31	9.6 M
Legal & General Group Plc	2023-12-31	9.5 M
Northern Trust Corp	2023-12-31	8.5 M
Nuveen Asset Management, Llc	2023-12-31	8 M
Vanguard Group Inc	2023-12-31	76.2 M
Blackrock Inc	2023-12-31	59 M

Dominion Fundamentals

	Return On Equity	0.0782
	Return On Asset	0.0239
	Profit Margin	0.14 %
	Operating Margin	0.24 %
	Current Valuation	89.16 B
	Shares Outstanding	837.59 M
	Shares Owned By Insiders	0.12 %
	Shares Owned By Institutions	76.15 %
	Number Of Shares Shorted	14.94 M
	Price To Earning	28.56 X
	Price To Book	1.59 X
	Price To Sales	2.85 X
	Revenue	13.69 B
	Gross Profit	7.92 B
	EBITDA	6.5 B
	Net Income	2.16 B
	Cash And Equivalents	153 M
	Cash Per Share	0.26 X
	Total Debt	44.91 B
	Debt To Equity	1.56 %
	Current Ratio	0.71 X
	Book Value Per Share	30.72 X
	Cash Flow From Operations	6.57 B
	Short Ratio	2.04 X
	Earnings Per Share	2.48 X
	Price To Earnings To Growth	4.50 X
	Target Price	49.12
	Number Of Employees	17.7 K
	Beta	0.61
	Market Capitalization	42.44 B
	Total Asset	109.03 B
	Retained Earnings	3.52 B
	Working Capital	911 M
	Current Asset	4.19 B
	Current Liabilities	8.12 B
	Annual Yield	0.05 %
	Five Year Return	4.18 %
	Net Asset	109.03 B
	Last Dividend Paid	2.67

About Dominion Energy Fundamental Analysis

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

Dominion Energy Investors Sentiment

The influence of Dominion Energy's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Dominion. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Dominion Energy's public news can be used to forecast risks associated with an investment in Dominion. The trend in average sentiment can be used to explain how an investor holding Dominion can time the market purely based on public headlines and social activities around Dominion Energy. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Dominion Energy's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Dominion Energy's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Dominion Energy's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Dominion Energy.

Dominion Energy Implied Volatility

26.28

Dominion Energy's implied volatility exposes the market's sentiment of Dominion Energy stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Dominion Energy's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Dominion Energy stock will not fluctuate a lot when Dominion Energy's options are near their expiration.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Dominion Energy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Dominion Energy's short interest history, or implied volatility extrapolated from Dominion Energy options trading.

Pair Trading with Dominion Energy

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 Dominion Energy 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 Dominion Energy will appreciate offsetting losses from the drop in the long position's value.

Moving together with Dominion Stock

0.86	ES	Eversource Energy Earnings Call Next Week	Pair Corr
0.73	FE	FirstEnergy Earnings Call This Week	Pair Corr

Moving against Dominion Stock

0.83	HE	Hawaiian Electric Financial Report 14th of May 2024	Pair Corr
0.47	EBR	Centrais Electricas Financial Report 2nd of May 2024	Pair Corr
0.43	EDN	Empresa Distribuidora Financial Report 9th of May 2024	Pair Corr

The ability to find closely correlated positions to Dominion Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dominion Energy 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 Dominion Energy - 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 Dominion Energy to buy it.

The correlation of Dominion Energy 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 Dominion Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dominion Energy 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 Dominion Energy 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 Dominion Energy is a strong investment it is important to analyze Dominion Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Dominion Energy's future performance. For an informed investment choice regarding Dominion Stock, refer to the following important reports:

How To Invest In Dominion

Details

Is Dominion Stock a good investment?

Details

What is Dominion Energy's Net Worth?

Details

Largest Multi-Utilities Companies

View

Largest Utilities - Regulated Electric Companies

View

Check out Dominion Energy Piotroski F Score and Dominion Energy Valuation analysis.

For information on how to trade Dominion Stock refer to our How to Trade Dominion Stock guide.

Note that the Dominion Energy information on this page should be used as a complementary analysis to other Dominion Energy'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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Complementary Tools for Dominion Stock analysis

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

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Is Dominion Energy'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 Dominion Energy. If investors know Dominion 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 Dominion Energy 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

(0.21)

Dividend Share

2.67

Earnings Share

2.48

Revenue Per Share

17.208

Quarterly Revenue Growth

(0.07)

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

Dominion Energy 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 )

Dominion Z Score Driver Correlations

Dominion Energy ESG Sustainability

Dominion Energy Institutional Holders

Dominion Fundamentals

About Dominion Energy Fundamental Analysis

Dominion Energy Investors Sentiment

Dominion Energy Implied Volatility

Pair Trading with Dominion Energy

Moving together with Dominion Stock

Moving against Dominion Stock

Complementary Tools for Dominion Stock analysis

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