Astrana Health Stock Z Score

ASTH Stock

33.47 0.23 0.68%

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 Astrana Health Piotroski F Score and Astrana Health Valuation analysis.

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

As of now, Astrana Health's Capital Expenditures is increasing as compared to previous years. The Astrana Health's current Return On Capital Employed is estimated to increase to 0.12, while Net Invested Capital is projected to decrease to under 573.9 M. As of now, Astrana Health's EBIT is increasing as compared to previous years. The Astrana Health's current Total Operating Expenses is estimated to increase to about 136.9 M, while Depreciation And Amortization is projected to decrease to under 8.9 M.

Astrana Health Company Z Score Analysis

Astrana Health'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 )

Astrana Z Score Driver Correlations

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

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Total Liab	Total Current Assets	Common Stock	Short Term Debt	Net Receivables	Net Tangible Assets	Current Deferred Revenue	Long Term Debt	Good Will	Short Term Investments	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Intangible Assets	Property Plant Equipment	Short Long Term Debt	Long Term Investments	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.94	0.12	0.86	0.55	0.96	0.99	0.48	0.73	0.94	0.87	0.45	0.91	0.94	0.44	0.9	0.96	0.51	0.85	0.85	0.42	0.75	0.89	0.94	0.82
Total Stockholder Equity	0.94		0.05	0.97	0.45	0.96	0.97	0.48	0.78	0.96	0.96	0.25	0.89	0.81	0.19	0.87	0.99	0.29	0.66	0.97	0.52	0.63	0.93	0.89	0.93
Net Debt	0.12	0.05		0.09	-0.31	0.29	0.2	0.05	0.44	0.22	-0.07	0.19	0.48	0.05	0.68	0.5	0.04	0.29	-0.02	0.09	0.49	-0.18	0.23	0.28	0.11
Retained Earnings	0.86	0.97	0.09		0.32	0.92	0.91	0.49	0.79	0.94	0.95	0.11	0.86	0.69	0.08	0.83	0.95	0.17	0.5	0.99	0.59	0.47	0.91	0.83	0.95
Accounts Payable	0.55	0.45	-0.31	0.32		0.47	0.46	0.15	0.4	0.36	0.38	0.05	0.3	0.61	0.1	0.3	0.51	0.05	0.73	0.35	0.21	0.55	0.3	0.29	0.28
Total Liab	0.96	0.96	0.29	0.92	0.47		0.99	0.47	0.86	0.97	0.87	0.33	0.97	0.85	0.42	0.96	0.96	0.41	0.73	0.91	0.6	0.62	0.92	0.92	0.88
Total Current Assets	0.99	0.97	0.2	0.91	0.46	0.99		0.49	0.78	0.97	0.89	0.41	0.95	0.89	0.42	0.94	0.98	0.46	0.77	0.9	0.48	0.68	0.93	0.96	0.87
Common Stock	0.48	0.48	0.05	0.49	0.15	0.47	0.49		0.28	0.45	0.46	0.16	0.46	0.51	0.18	0.45	0.48	0.14	0.38	0.44	0.21	0.02	0.55	0.51	0.52
Short Term Debt	0.73	0.78	0.44	0.79	0.4	0.86	0.78	0.28		0.81	0.74	0.08	0.84	0.57	0.26	0.81	0.79	0.23	0.48	0.8	0.88	0.42	0.72	0.63	0.75
Net Receivables	0.94	0.96	0.22	0.94	0.36	0.97	0.97	0.45	0.81		0.91	0.29	0.93	0.82	0.33	0.91	0.96	0.45	0.68	0.93	0.54	0.6	0.91	0.91	0.87
Net Tangible Assets	0.87	0.96	-0.07	0.95	0.38	0.87	0.89	0.46	0.74	0.91		0.16	0.79	0.74	0.0	0.75	0.95	0.29	0.59	0.95	0.5	0.64	0.85	0.79	0.89
Current Deferred Revenue	0.45	0.25	0.19	0.11	0.05	0.33	0.41	0.16	0.08	0.29	0.16		0.39	0.53	0.71	0.42	0.3	0.71	0.55	0.04	-0.14	0.6	0.31	0.53	0.16
Long Term Debt	0.91	0.89	0.48	0.86	0.3	0.97	0.95	0.46	0.84	0.93	0.79	0.39		0.79	0.55	1.0	0.89	0.44	0.65	0.85	0.6	0.53	0.92	0.94	0.84
Good Will	0.94	0.81	0.05	0.69	0.61	0.85	0.89	0.51	0.57	0.82	0.74	0.53	0.79		0.51	0.79	0.85	0.57	0.94	0.67	0.25	0.76	0.81	0.87	0.71
Short Term Investments	0.44	0.19	0.68	0.08	0.1	0.42	0.42	0.18	0.26	0.33	0.0	0.71	0.55	0.51		0.59	0.22	0.66	0.55	0.04	0.1	0.29	0.32	0.54	0.09
Long Term Debt Total	0.9	0.87	0.5	0.83	0.3	0.96	0.94	0.45	0.81	0.91	0.75	0.42	1.0	0.79	0.59		0.87	0.44	0.65	0.82	0.56	0.53	0.91	0.94	0.82
Capital Surpluse	0.96	0.99	0.04	0.95	0.51	0.96	0.98	0.48	0.79	0.96	0.95	0.3	0.89	0.85	0.22	0.87		0.34	0.72	0.94	0.51	0.69	0.91	0.89	0.91
Deferred Long Term Liab	0.51	0.29	0.29	0.17	0.05	0.41	0.46	0.14	0.23	0.45	0.29	0.71	0.44	0.57	0.66	0.44	0.34		0.65	0.13	0.0	0.61	0.26	0.49	0.1
Intangible Assets	0.85	0.66	-0.02	0.5	0.73	0.73	0.77	0.38	0.48	0.68	0.59	0.55	0.65	0.94	0.55	0.65	0.72	0.65		0.49	0.18	0.79	0.59	0.71	0.47
Property Plant Equipment	0.85	0.97	0.09	0.99	0.35	0.91	0.9	0.44	0.8	0.93	0.95	0.04	0.85	0.67	0.04	0.82	0.94	0.13	0.49		0.59	0.48	0.91	0.82	0.94
Short Long Term Debt	0.42	0.52	0.49	0.59	0.21	0.6	0.48	0.21	0.88	0.54	0.5	-0.14	0.6	0.25	0.1	0.56	0.51	0.0	0.18	0.59		0.05	0.47	0.33	0.54
Long Term Investments	0.75	0.63	-0.18	0.47	0.55	0.62	0.68	0.02	0.42	0.6	0.64	0.6	0.53	0.76	0.29	0.53	0.69	0.61	0.79	0.48	0.05		0.52	0.63	0.46
Net Invested Capital	0.89	0.93	0.23	0.91	0.3	0.92	0.93	0.55	0.72	0.91	0.85	0.31	0.92	0.81	0.32	0.91	0.91	0.26	0.59	0.91	0.47	0.52		0.94	0.96
Net Working Capital	0.94	0.89	0.28	0.83	0.29	0.92	0.96	0.51	0.63	0.91	0.79	0.53	0.94	0.87	0.54	0.94	0.89	0.49	0.71	0.82	0.33	0.63	0.94		0.84
Capital Stock	0.82	0.93	0.11	0.95	0.28	0.88	0.87	0.52	0.75	0.87	0.89	0.16	0.84	0.71	0.09	0.82	0.91	0.1	0.47	0.94	0.54	0.46	0.96	0.84

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 Astrana Health

In accordance with the company's disclosures, Astrana Health has a Z Score of 0.0. This indicator is about the same for the Health Care Providers & Services average (which is currently at 0.0) sector and about the same as Health Care (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).

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

Environmental

Governance

Social

Astrana Health Institutional Holders

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

		Shares
Northern Trust Corp		424.1 K
Morgan Stanley - Brokerage Accounts	2024-09-30	342.6 K
Fort Washington Investment Advisors Inc	2024-09-30	299.8 K
Bank Of New York Mellon Corp	2024-09-30	268.7 K
Goldman Sachs Group Inc	2024-09-30	258.9 K
Royal Bank Of Canada	2024-09-30	254.6 K
Bellevue Group Ag	2024-09-30	254.2 K
Amvescap Plc.	2024-09-30	241.8 K
Atria Wealth Solutions, Inc.	2024-09-30	237.4 K
Blackrock Inc	2024-06-30	6.4 M
Vanguard Group Inc	2024-09-30	4.7 M

Astrana Fundamentals

	Return On Equity	0.1
	Return On Asset	0.0449
	Profit Margin	0.04 %
	Operating Margin	0.06 %
	Current Valuation	1.65 B
	Shares Outstanding	45.65 M
	Shares Owned By Insiders	23.60 %
	Shares Owned By Institutions	45.99 %
	Number Of Shares Shorted	1.64 M
	Price To Book	2.17 X
	Price To Sales	0.89 X
	Revenue	1.39 B
	Gross Profit	199.48 M
	EBITDA	123.69 M
	Net Income	57.85 M
	Total Debt	321.01 M
	Book Value Per Share	14.75 X
	Cash Flow From Operations	68.23 M
	Short Ratio	4.86 X
	Earnings Per Share	1.30 X
	Target Price	64.5
	Number Of Employees	1.8 K
	Beta	1.24
	Market Capitalization	1.53 B
	Total Asset	933.36 M
	Retained Earnings	243.13 M
	Working Capital	242.83 M
	Net Asset	933.36 M

About Astrana Health Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Astrana Health's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Astrana Health using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Astrana Health 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 Astrana Health offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Astrana Health's 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 Astrana Health Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Astrana Health Stock:

How To Invest In Astrana

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Is Astrana Stock a good investment?

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What is Astrana Health's Net Worth?

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Largest Health Care Providers & Services Companies

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Largest Health Care Equipment & Services Companies

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Check out Astrana Health Piotroski F Score and Astrana Health Valuation analysis.

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

You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

Is Health Care Providers & Services space 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 Astrana Health. If investors know Astrana 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 Astrana Health 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

(0.30)

Earnings Share

1.3

Revenue Per Share

36.415

Quarterly Revenue Growth

0.375

Return On Assets

0.0449

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Astrana Health Stock Z Score

Astrana Health 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 )

Astrana Z Score Driver Correlations

Astrana Health ESG Sustainability

Astrana Health Institutional Holders

Astrana Fundamentals

About Astrana Health Fundamental Analysis

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