# Kurita Z Score

KTWIF
Stock

## USD 42.804.0710.51%

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. Please see Kurita Water Piotroski F Score and Kurita Water Valuation analysis.
 Kurita

## Kurita Z Score Analysis

Kurita Water'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

### Current Kurita Water Z Score

1.0
Most of Kurita Water's fundamental indicators, such as Z Score, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Kurita Water Inds is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
 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 )
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 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 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 Kurita Water
Based on the company's disclosures, Kurita Water Inds has a Z Score of 1.0. This is 75.43% lower than that of the Industrials sector and 79.3% lower than that of the Pollution & Treatment Controls industry. The z score for all United States stocks is 88.53% higher than that of the company.

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## Kurita Fundamentals

 Return On Equity 7.64 % Return On Asset 4.60 % Profit Margin 6.54 % Operating Margin 11.13 % Current Valuation 49.38 B Shares Outstanding 112.38 M Shares Owned by Insiders 1.91 % Shares Owned by Institutions 63.20 % Number of Shares Shorted 43 K Price to Earning 29.56 X Price to Book 0.02 X Price to Sales 0.02 X Revenue 299.67 B Gross Profit 104.28 B EBITDA 57.99 B Net Income 19.6 B Cash and Equivalents 48.96 B Cash per Share 435.69 X Total Debt 91.34 B Debt to Equity 0.32 % Current Ratio 1.67 X Cash Flow from Operations 35.58 B Earnings Per Share 1.31 X Number of Employees 7.66 K Beta 1.19 Market Capitalization 4.72 B Total Asset 285.59 B Retained Earnings 200.54 B Working Capital 110.3 B Current Asset 149.09 B Current Liabilities 38.78 B Z Score 1.0 Five Year Return 1.59 % Last Dividend Paid 0.6

## About Kurita Water Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Kurita Water Inds's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Kurita Water using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Kurita Water Inds 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.
Kurita Water Industries Ltd. provides various water treatment solutions in Japan, Asia, North America, South America, Europe, the Middle East, Africa, and internationally. The company was incorporated in 1949 and is headquartered in Tokyo, Japan. Kurita Water operates under Pollution Treatment Controls classification in the United States and is traded on OTC Exchange. It employs 7661 people.
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 Kurita Water 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, Kurita Water's short interest history, or implied volatility extrapolated from Kurita Water options trading.

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Please see Kurita Water Piotroski F Score and Kurita Water Valuation analysis. Note that the Kurita Water Inds information on this page should be used as a complementary analysis to other Kurita Water'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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

## Complementary Tools for Kurita OTC Stock analysis

When running Kurita Water Inds price analysis, check to measure Kurita Water'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 Kurita Water is operating at the current time. Most of Kurita Water's value examination focuses on studying past and present price action to predict the probability of Kurita Water's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Kurita Water's price. Additionally, you may evaluate how the addition of Kurita Water to your portfolios can decrease your overall portfolio volatility.
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Is Kurita Water'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 Kurita Water. If investors know Kurita 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 Kurita Water 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 YOY0.3 Market Capitalization4.8 B Quarterly Revenue Growth YOY0.18 Return On Assets0.046 Return On Equity0.0764
The market value of Kurita Water Inds is measured differently than its book value, which is the value of Kurita that is recorded on the company's balance sheet. Investors also form their own opinion of Kurita Water's value that differs from its market value or its book value, called intrinsic value, which is Kurita Water'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 Kurita Water's market value can be influenced by many factors that don't directly affect Kurita Water'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 Kurita Water's value and its price as these two are different measures arrived at by different means. Investors typically determine Kurita Water value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kurita Water'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.