Tetra Technologies Stock Z Score

TTI Stock

USD 4.34 0.09 2.03%

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 Tetra Technologies Piotroski F Score and Tetra Technologies Valuation analysis.

For more detail on how to invest in Tetra Stock please use our How to Invest in Tetra Technologies guide.

As of now, Tetra Technologies' Return On Capital Employed is decreasing as compared to previous years. As of now, Tetra Technologies' Income Before Tax is increasing as compared to previous years. The Tetra Technologies' current Net Income is estimated to increase to about 27.1 M, while Interest Expense is projected to decrease to under 18.1 M.

Tetra Technologies Company Z Score Analysis

Tetra Technologies' 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 )

Tetra Z Score Driver Correlations

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

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock	Long Term Debt	Treasury Stock	Property Plant Equipment	Short Term Investments	Current Deferred Revenue	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Accumulated Depreciation	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock	Long Term Investments
Total Assets		0.68	0.79	0.37	0.81	0.92	0.53	0.21	0.79	0.75	0.09	0.84	-0.34	0.87	0.56	0.32	-0.27	0.76	-0.28	-0.1	-0.66	-0.37	0.26	0.55	0.51	-0.33	-0.61
Total Stockholder Equity	0.68		0.35	0.78	0.68	0.4	0.19	0.07	0.26	0.46	-0.2	0.45	-0.11	0.64	0.79	0.24	0.37	0.37	-0.57	0.32	-0.41	-0.61	-0.03	0.6	0.47	-0.19	-0.45
Net Debt	0.79	0.35		0.01	0.75	0.85	0.1	0.04	0.93	0.79	0.21	0.98	-0.33	0.89	0.2	0.31	-0.51	0.95	0.0	-0.37	-0.67	-0.14	-0.01	0.58	0.52	-0.29	-0.45
Retained Earnings	0.37	0.78	0.01		0.38	0.03	0.02	0.31	-0.08	0.22	-0.64	0.12	0.43	0.37	0.87	0.41	0.7	0.15	-0.89	0.75	0.18	-0.82	0.0	0.59	0.44	-0.33	-0.47
Net Receivables	0.81	0.68	0.75	0.38		0.67	0.2	0.16	0.69	0.93	0.2	0.76	-0.44	0.77	0.42	0.35	-0.21	0.66	-0.17	-0.17	-0.71	-0.15	-0.18	0.52	0.45	-0.18	-0.28
Total Liab	0.92	0.4	0.85	0.03	0.67		0.6	0.1	0.85	0.67	0.29	0.86	-0.44	0.79	0.27	0.17	-0.53	0.8	0.0	-0.31	-0.72	-0.12	0.38	0.42	0.45	-0.34	-0.58
Total Current Assets	0.53	0.19	0.1	0.02	0.2	0.6		0.2	0.23	0.13	0.3	0.16	-0.4	0.1	0.16	-0.08	-0.31	0.06	0.04	-0.09	-0.36	0.04	0.71	-0.14	0.04	-0.2	-0.34
Short Term Debt	0.21	0.07	0.04	0.31	0.16	0.1	0.2		0.23	0.16	-0.22	0.04	0.12	0.03	0.42	0.26	-0.07	0.04	-0.32	0.25	0.19	-0.33	0.06	0.03	0.04	-0.03	-0.02
Intangible Assets	0.79	0.26	0.93	-0.08	0.69	0.85	0.23	0.23		0.73	0.32	0.89	-0.44	0.79	0.19	0.34	-0.67	0.84	0.1	-0.49	-0.67	-0.09	0.11	0.36	0.36	-0.24	-0.32
Accounts Payable	0.75	0.46	0.79	0.22	0.93	0.67	0.13	0.16	0.73		0.21	0.76	-0.39	0.74	0.27	0.4	-0.34	0.69	-0.07	-0.26	-0.64	-0.03	-0.24	0.48	0.41	-0.15	-0.23
Common Stock	0.09	-0.2	0.21	-0.64	0.2	0.29	0.3	-0.22	0.32	0.21		0.17	-0.89	0.0	-0.45	-0.25	-0.68	0.01	0.87	-0.77	-0.74	0.66	0.03	-0.43	-0.22	0.04	0.37
Long Term Debt	0.84	0.45	0.98	0.12	0.76	0.86	0.16	0.04	0.89	0.76	0.17		-0.28	0.94	0.31	0.31	-0.39	0.98	-0.08	-0.24	-0.67	-0.24	0.06	0.67	0.63	-0.43	-0.56
Treasury Stock	-0.34	-0.11	-0.33	0.43	-0.44	-0.44	-0.4	0.12	-0.44	-0.39	-0.89	-0.28		-0.15	0.2	0.13	0.66	-0.08	-0.65	0.76	0.87	-0.52	0.02	0.35	0.28	-0.21	-0.3
Property Plant Equipment	0.87	0.64	0.89	0.37	0.77	0.79	0.1	0.03	0.79	0.74	0.0	0.94	-0.15		0.53	0.38	-0.15	0.92	-0.29	-0.04	-0.59	-0.47	0.03	0.77	0.68	-0.47	-0.63
Short Term Investments	0.56	0.79	0.2	0.87	0.42	0.27	0.16	0.42	0.19	0.27	-0.45	0.31	0.2	0.53		0.49	0.42	0.3	-0.76	0.49	-0.04	-0.88	0.08	0.52	0.37	-0.36	-0.49
Current Deferred Revenue	0.32	0.24	0.31	0.41	0.35	0.17	-0.08	0.26	0.34	0.4	-0.25	0.31	0.13	0.38	0.49		0.02	0.34	-0.4	0.01	0.0	-0.39	0.13	0.3	0.19	-0.33	-0.28
Net Tangible Assets	-0.27	0.37	-0.51	0.7	-0.21	-0.53	-0.31	-0.07	-0.67	-0.34	-0.68	-0.39	0.66	-0.15	0.42	0.02		-0.3	-0.65	0.86	0.54	-0.54	-0.11	0.38	0.24	-0.12	-0.23
Long Term Debt Total	0.76	0.37	0.95	0.15	0.66	0.8	0.06	0.04	0.84	0.69	0.01	0.98	-0.08	0.92	0.3	0.34	-0.3		-0.18	-0.13	-0.5	-0.32	0.08	0.75	0.69	-0.49	-0.64
Capital Surpluse	-0.28	-0.57	0.0	-0.89	-0.17	0.0	0.04	-0.32	0.1	-0.07	0.87	-0.08	-0.65	-0.29	-0.76	-0.4	-0.65	-0.18		-0.79	-0.41	0.84	-0.08	-0.58	-0.34	0.26	0.56
Deferred Long Term Liab	-0.1	0.32	-0.37	0.75	-0.17	-0.31	-0.09	0.25	-0.49	-0.26	-0.77	-0.24	0.76	-0.04	0.49	0.01	0.86	-0.13	-0.79		0.61	-0.66	0.08	0.45	0.33	-0.32	-0.42
Accumulated Depreciation	-0.66	-0.41	-0.67	0.18	-0.71	-0.72	-0.36	0.19	-0.67	-0.64	-0.74	-0.67	0.87	-0.59	-0.04	0.0	0.54	-0.5	-0.41	0.61		-0.23	0.0	-0.14	-0.16	0.08	0.09
Short Long Term Debt	-0.37	-0.61	-0.14	-0.82	-0.15	-0.12	0.04	-0.33	-0.09	-0.03	0.66	-0.24	-0.52	-0.47	-0.88	-0.39	-0.54	-0.32	0.84	-0.66	-0.23		-0.15	-0.6	-0.43	0.5	0.6
Cash And Equivalents	0.26	-0.03	-0.01	0.0	-0.18	0.38	0.71	0.06	0.11	-0.24	0.03	0.06	0.02	0.03	0.08	0.13	-0.11	0.08	-0.08	0.08	0.0	-0.15		-0.02	0.16	-0.48	-0.56
Net Invested Capital	0.55	0.6	0.58	0.59	0.52	0.42	-0.14	0.03	0.36	0.48	-0.43	0.67	0.35	0.77	0.52	0.3	0.38	0.75	-0.58	0.45	-0.14	-0.6	-0.02		0.86	-0.48	-0.76
Net Working Capital	0.51	0.47	0.52	0.44	0.45	0.45	0.04	0.04	0.36	0.41	-0.22	0.63	0.28	0.68	0.37	0.19	0.24	0.69	-0.34	0.33	-0.16	-0.43	0.16	0.86		-0.55	-0.65
Capital Stock	-0.33	-0.19	-0.29	-0.33	-0.18	-0.34	-0.2	-0.03	-0.24	-0.15	0.04	-0.43	-0.21	-0.47	-0.36	-0.33	-0.12	-0.49	0.26	-0.32	0.08	0.5	-0.48	-0.48	-0.55		0.67
Long Term Investments	-0.61	-0.45	-0.45	-0.47	-0.28	-0.58	-0.34	-0.02	-0.32	-0.23	0.37	-0.56	-0.3	-0.63	-0.49	-0.28	-0.23	-0.64	0.56	-0.42	0.09	0.6	-0.56	-0.76	-0.65	0.67

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 Tetra Technologies

Based on the company's disclosures, Tetra Technologies has a Z Score of 0.0. This is 100.0% lower than that of the Energy Equipment & Services 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.

Tetra Technologies Institutional Holders

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

		Shares
Sir Capital Management, L.p.	2023-12-31	1.7 M
Two Sigma Advisers, Llc	2023-12-31	1.3 M
Marathon Capital Management Llc	2023-12-31	1.3 M
Maven Securities Ltd	2023-12-31	1.2 M
Amvescap Plc.	2023-12-31	1.2 M
Wealthtrust Axiom Llc	2023-12-31	1.2 M
Morgan Stanley - Brokerage Accounts	2023-12-31	1.2 M
Northern Trust Corp	2023-12-31	1.2 M
Two Sigma Investments Llc	2023-12-31	1.1 M
Blackrock Inc	2023-12-31	11.3 M
Vanguard Group Inc	2023-12-31	7.5 M

Tetra Fundamentals

	Return On Equity	0.2
	Return On Asset	0.0616
	Profit Margin	0.04 %
	Operating Margin	0.02 %
	Current Valuation	722.05 M
	Shares Outstanding	131.14 M
	Shares Owned By Insiders	9.91 %
	Shares Owned By Institutions	73.08 %
	Number Of Shares Shorted	2.65 M
	Price To Earning	59.29 X
	Price To Book	4.09 X
	Price To Sales	0.97 X
	Revenue	626.26 M
	Gross Profit	152.98 M
	EBITDA	79.88 M
	Net Income	25.51 M
	Cash And Equivalents	13.59 M
	Cash Per Share	0.28 X
	Total Debt	196.8 M
	Debt To Equity	1.81 %
	Current Ratio	2.04 X
	Book Value Per Share	1.14 X
	Cash Flow From Operations	70.21 M
	Short Ratio	1.63 X
	Earnings Per Share	0.20 X
	Price To Earnings To Growth	0.20 X
	Target Price	7.5
	Number Of Employees	1.5 K
	Beta	2.23
	Market Capitalization	584.87 M
	Total Asset	499.52 M
	Retained Earnings	(276.71 M)
	Working Capital	156.05 M
	Current Asset	124.09 M
	Current Liabilities	40.92 M
	Net Asset	499.52 M

About Tetra Technologies Fundamental Analysis

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

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When determining whether Tetra Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tetra Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tetra Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tetra Technologies Stock:

How To Invest In Tetra

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Is Tetra Stock a good investment?

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What is Tetra Technologies' Net Worth?

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Check out Tetra Technologies Piotroski F Score and Tetra Technologies Valuation analysis.

For more detail on how to invest in Tetra Stock please use our How to Invest in Tetra Technologies guide.

You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.

Complementary Tools for Tetra Stock analysis

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

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Is Tetra Technologies' 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 Tetra Technologies. If investors know Tetra 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 Tetra Technologies 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

17.316

Earnings Share

0.2

Revenue Per Share

4.833

Quarterly Revenue Growth

0.039

Return On Assets

0.0616

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

Tetra Technologies 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 )

Tetra Z Score Driver Correlations

Tetra Technologies Institutional Holders

Tetra Fundamentals

About Tetra Technologies Fundamental Analysis

Currently Active Assets on Macroaxis

Complementary Tools for Tetra Stock analysis

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