Enterprise Products Partners Stock Z Score

EPD Stock

USD 29.05 0.14 0.48%

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 Enterprise Products Piotroski F Score and Enterprise Products Valuation analysis.

At present, Enterprise Products' Capital Lease Obligations is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to 0.00, whereas Change In Working Capital is projected to grow to (527.2 M). At present, Enterprise Products' Gross Profit is projected to increase significantly based on the last few years of reporting. The current year's Operating Income is expected to grow to about 6.8 B, whereas Selling General Administrative is forecasted to decline to about 148.4 M.

Enterprise Products Partners Company Z Score Analysis

Enterprise Products' 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 )

Enterprise Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Enterprise Products is extremely important. It helps to project a fair market value of Enterprise Stock properly, considering its historical fundamentals such as Z Score. Since Enterprise Products' 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 Enterprise Products' 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 Enterprise Products' 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	Intangible Assets	Common Stock	Long Term Debt	Property Plant Equipment	Good Will	Short Term Investments	Current Deferred Revenue	Net Tangible Assets	Long Term Debt Total	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital
Total Assets		0.19	0.99	-0.63	0.71	0.6	1.0	0.69	0.54	0.82	0.74	0.99	0.8	0.91	0.54	0.35	0.84	0.9	0.45	0.36	-0.42	0.38	0.51	0.56
Total Stockholder Equity	0.19		0.2	0.02	0.28	0.34	0.16	0.2	0.36	0.38	0.3	0.13	0.41	0.29	0.38	0.11	0.18	0.13	0.15	0.32	0.04	-0.54	0.1	-0.34
Net Debt	0.99	0.2		-0.58	0.73	0.53	0.98	0.62	0.61	0.86	0.74	0.99	0.79	0.93	0.48	0.31	0.88	0.88	0.36	0.41	-0.37	0.32	0.44	0.5
Retained Earnings	-0.63	0.02	-0.58		-0.4	-0.62	-0.63	-0.74	0.06	-0.34	-0.71	-0.66	-0.74	-0.52	-0.66	-0.35	-0.62	-0.83	-0.76	0.14	0.82	-0.45	-0.89	-0.83
Accounts Payable	0.71	0.28	0.73	-0.4		0.47	0.72	0.39	0.31	0.57	0.33	0.71	0.58	0.59	0.06	0.31	0.61	0.52	0.1	0.62	-0.31	0.0	0.22	0.19
Net Receivables	0.6	0.34	0.53	-0.62	0.47		0.63	0.95	0.09	0.28	0.51	0.58	0.83	0.37	0.67	0.7	0.42	0.62	0.79	0.38	-0.52	0.28	0.79	0.53
Total Liab	1.0	0.16	0.98	-0.63	0.72	0.63		0.72	0.5	0.79	0.71	0.99	0.8	0.88	0.53	0.37	0.81	0.89	0.47	0.39	-0.44	0.41	0.52	0.58
Total Current Assets	0.69	0.2	0.62	-0.74	0.39	0.95	0.72		0.13	0.37	0.66	0.69	0.88	0.5	0.75	0.72	0.54	0.77	0.86	0.26	-0.63	0.48	0.87	0.73
Short Term Debt	0.54	0.36	0.61	0.06	0.31	0.09	0.5	0.13		0.77	0.51	0.52	0.41	0.68	0.15	0.04	0.61	0.35	-0.17	0.44	0.37	-0.09	-0.11	-0.12
Intangible Assets	0.82	0.38	0.86	-0.34	0.57	0.28	0.79	0.37	0.77		0.78	0.82	0.66	0.93	0.37	0.12	0.78	0.72	0.19	0.35	-0.17	0.1	0.24	0.22
Common Stock	0.74	0.3	0.74	-0.71	0.33	0.51	0.71	0.66	0.51	0.78		0.76	0.85	0.85	0.68	0.36	0.82	0.89	0.62	-0.01	-0.49	0.29	0.7	0.59
Long Term Debt	0.99	0.13	0.99	-0.66	0.71	0.58	0.99	0.69	0.52	0.82	0.76		0.82	0.91	0.51	0.37	0.87	0.91	0.45	0.37	-0.47	0.43	0.52	0.62
Property Plant Equipment	0.8	0.41	0.79	-0.74	0.58	0.83	0.8	0.88	0.41	0.66	0.85	0.82		0.75	0.71	0.63	0.8	0.87	0.71	0.35	-0.57	0.24	0.79	0.59
Good Will	0.91	0.29	0.93	-0.52	0.59	0.37	0.88	0.5	0.68	0.93	0.85	0.91	0.75		0.49	0.25	0.88	0.87	0.31	0.23	-0.3	0.24	0.39	0.42
Short Term Investments	0.54	0.38	0.48	-0.66	0.06	0.67	0.53	0.75	0.15	0.37	0.68	0.51	0.71	0.49		0.25	0.46	0.67	0.78	-0.09	-0.46	0.16	0.77	0.47
Current Deferred Revenue	0.35	0.11	0.31	-0.35	0.31	0.7	0.37	0.72	0.04	0.12	0.36	0.37	0.63	0.25	0.25		0.37	0.44	0.52	0.37	-0.44	0.35	0.54	0.51
Net Tangible Assets	0.84	0.18	0.88	-0.62	0.61	0.42	0.81	0.54	0.61	0.78	0.82	0.87	0.8	0.88	0.46	0.37		0.85	0.32	0.29	-0.35	0.17	0.48	0.49
Long Term Debt Total	0.9	0.13	0.88	-0.83	0.52	0.62	0.89	0.77	0.35	0.72	0.89	0.91	0.87	0.87	0.67	0.44	0.85		0.69	0.04	-0.65	0.45	0.76	0.76
Deferred Long Term Liab	0.45	0.15	0.36	-0.76	0.1	0.79	0.47	0.86	-0.17	0.19	0.62	0.45	0.71	0.31	0.78	0.52	0.32	0.69		-0.17	-0.76	0.41	0.95	0.74
Long Term Investments	0.36	0.32	0.41	0.14	0.62	0.38	0.39	0.26	0.44	0.35	-0.01	0.37	0.35	0.23	-0.09	0.37	0.29	0.04	-0.17		0.15	-0.09	-0.14	-0.14
Short Long Term Debt	-0.42	0.04	-0.37	0.82	-0.31	-0.52	-0.44	-0.63	0.37	-0.17	-0.49	-0.47	-0.57	-0.3	-0.46	-0.44	-0.35	-0.65	-0.76	0.15		-0.47	-0.8	-0.79
Cash And Equivalents	0.38	-0.54	0.32	-0.45	0.0	0.28	0.41	0.48	-0.09	0.1	0.29	0.43	0.24	0.24	0.16	0.35	0.17	0.45	0.41	-0.09	-0.47		0.39	0.82
Net Invested Capital	0.51	0.1	0.44	-0.89	0.22	0.79	0.52	0.87	-0.11	0.24	0.7	0.52	0.79	0.39	0.77	0.54	0.48	0.76	0.95	-0.14	-0.8	0.39		0.78
Net Working Capital	0.56	-0.34	0.5	-0.83	0.19	0.53	0.58	0.73	-0.12	0.22	0.59	0.62	0.59	0.42	0.47	0.51	0.49	0.76	0.74	-0.14	-0.79	0.82	0.78

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 Enterprise Products

According to the company's disclosures, Enterprise Products Partners has a Z Score of 0.0. This is 100.0% lower than that of the Oil, Gas & Consumable Fuels sector and 100.0% lower than that of the Energy industry. The z score for all United States stocks is 100.0% higher than that of the company.

Enterprise Products Institutional Holders

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

		Shares
Tortoise Midstream Energy Fund, Inc.	2023-12-31	14.5 M
Clearbridge Advisors, Llc	2023-12-31	12.6 M
Fmr Inc	2023-12-31	12 M
Kayne Anderson Capital Advisors Lp	2023-12-31	10.9 M
Atlantic Trust Group, Llc	2023-12-31	10.4 M
Ubs Group Ag	2023-12-31	10.1 M
Bank Of America Corp	2023-12-31	9.4 M
Ensign Peak Advisors Inc	2023-12-31	9.3 M
Mirae Asset Global Investments (korea) Co Ltd	2023-12-31	9.2 M
Goldman Sachs Group Inc	2023-12-31	44.4 M
Alps Advisors Inc	2023-12-31	35.4 M

Enterprise Fundamentals

	Return On Equity	0.2
	Return On Asset	0.0583
	Profit Margin	0.11 %
	Operating Margin	0.12 %
	Current Valuation	92.82 B
	Shares Outstanding	2.17 B
	Shares Owned By Insiders	32.81 %
	Shares Owned By Institutions	26.49 %
	Number Of Shares Shorted	18.53 M
	Price To Earning	10.71 X
	Price To Book	2.28 X
	Price To Sales	1.27 X
	Revenue	49.72 B
	Gross Profit	6.72 B
	EBITDA	8.81 B
	Net Income	5.66 B
	Cash And Equivalents	76 M
	Cash Per Share	0.08 X
	Total Debt	29.07 B
	Debt To Equity	1.08 %
	Current Ratio	0.86 X
	Book Value Per Share	12.76 X
	Cash Flow From Operations	7.57 B
	Short Ratio	4.38 X
	Earnings Per Share	2.52 X
	Price To Earnings To Growth	5.13 X
	Target Price	32.83
	Beta	0.99
	Market Capitalization	62.68 B
	Total Asset	70.98 B
	Retained Earnings	5.49 B
	Working Capital	(883 M)
	Current Asset	4.3 B
	Current Liabilities	7.17 B
	Annual Yield	0.07 %
	Five Year Return	7.48 %
	Net Asset	70.98 B
	Last Dividend Paid	2.01

About Enterprise Products Fundamental Analysis

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

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 Enterprise Products 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 Enterprise Products will appreciate offsetting losses from the drop in the long position's value.

Moving together with Enterprise Stock

0.96	AM	Antero Midstream Partners Earnings Call Tomorrow	Pair Corr
0.97	ET	Energy Transfer LP Aggressive Push	Pair Corr

Moving against Enterprise Stock

0.74	TK	Teekay	Pair Corr
0.71	EURN	Euronav NV Financial Report 9th of May 2024	Pair Corr
0.55	CQP	Cheniere Energy Partners Earnings Call This Week	Pair Corr
0.52	FLNG	FLEX LNG Financial Report 21st of May 2024	Pair Corr

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

The correlation of Enterprise Products 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 Enterprise Products moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Enterprise Products 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 Enterprise Products 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 Enterprise Products is a strong investment it is important to analyze Enterprise Products' 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 Enterprise Products' future performance. For an informed investment choice regarding Enterprise Stock, refer to the following important reports:

How To Invest In Enterprise

Details

Is Enterprise Stock a good investment?

Details

What is Enterprise Products' Net Worth?

Details

Largest Oil & Gas Midstream Companies

View

Largest Energy Companies

View

Check out Enterprise Products Piotroski F Score and Enterprise Products Valuation analysis.

You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

Complementary Tools for Enterprise Stock analysis

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

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Is Enterprise Products' 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 Enterprise Products. If investors know Enterprise 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 Enterprise Products 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

0.096

Dividend Share

2.005

Earnings Share

2.52

Revenue Per Share

22.889

Quarterly Revenue Growth

0.071

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

Enterprise Products Partners 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 )

Enterprise Z Score Driver Correlations

Enterprise Products Institutional Holders

Enterprise Fundamentals

About Enterprise Products Fundamental Analysis

Pair Trading with Enterprise Products

Moving together with Enterprise Stock

Moving against Enterprise Stock

Complementary Tools for Enterprise Stock analysis

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