Macquarie Z Score

MQBKY -  USA Stock  

USD 147.61  0.07  0.0474%

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. Additionally, see Macquarie Grp Piotroski F Score and Macquarie Grp Valuation analysis.

Macquarie Z Score 

 
Refresh

Macquarie Z Score Analysis

Macquarie Grp'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 )
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

Based on the company's disclosures, Macquarie Grp ADR has a Z Score of 0.0. This is 100.0% lower than that of the Financial Services sector and 100.0% lower than that of the Capital Markets industry. The z score for all United States stocks is 100.0% higher than that of the company.

Macquarie Z Score Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Macquarie Grp's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Macquarie Grp could also be used in its relative valuation, which is a method of valuing Macquarie Grp by comparing valuation metrics of similar companies.
Macquarie Grp is currently under evaluation in z score category among related companies.

Macquarie Fundamentals

About Macquarie Grp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Macquarie Grp ADR's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Macquarie Grp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Macquarie Grp ADR 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.
Macquarie Group Limited provides diversified financial services in Australia, the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company was founded in 1969 and is headquartered in Sydney, Australia. Macquarie Grp operates under Capital Markets classification in the United States and is traded on OTC Exchange. It employs 16459 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Macquarie Grp without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Global Markets Map Now

   

Global Markets Map

Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
All  Next Launch Module

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Macquarie Grp ADR using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Additionally, see Macquarie Grp Piotroski F Score and Macquarie Grp Valuation analysis. Note that the Macquarie Grp ADR information on this page should be used as a complementary analysis to other Macquarie Grp'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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

Complementary Tools for Macquarie OTC Stock analysis

When running Macquarie Grp ADR price analysis, check to measure Macquarie Grp'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 Macquarie Grp is operating at the current time. Most of Macquarie Grp's value examination focuses on studying past and present price action to predict the probability of Macquarie Grp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Macquarie Grp's price. Additionally, you may evaluate how the addition of Macquarie Grp to your portfolios can decrease your overall portfolio volatility.
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Go
Price Transformation
Use Price Transformation models to analyze depth of different equity instruments across global markets
Go
Commodity Channel Index
Use Commodity Channel Index to analyze current equity momentum
Go
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Go
The market value of Macquarie Grp ADR is measured differently than its book value, which is the value of Macquarie that is recorded on the company's balance sheet. Investors also form their own opinion of Macquarie Grp's value that differs from its market value or its book value, called intrinsic value, which is Macquarie Grp'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 Macquarie Grp's market value can be influenced by many factors that don't directly affect Macquarie Grp ADR underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Macquarie Grp's value and its price as these two are different measures arrived at by different means. Investors typically determine Macquarie Grp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Macquarie Grp'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.