Avidxchange Holdings Stock Z Score

AVDX Stock  USD 11.05  0.11  0.99%   
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 AvidXchange Holdings Piotroski F Score and AvidXchange Holdings Valuation analysis.
For more information on how to buy AvidXchange Stock please use our How to Invest in AvidXchange Holdings guide.
  
At this time, AvidXchange Holdings' Capital Lease Obligations is fairly stable compared to the past year. Net Invested Capital is likely to rise to about 769.3 M in 2024, whereas Capital Stock is likely to drop slightly above 193.8 K in 2024. At this time, AvidXchange Holdings' Tax Provision is fairly stable compared to the past year. Net Interest Income is likely to rise to about 3.7 M in 2024, whereas Interest Expense is likely to drop slightly above 11.2 M in 2024.

AvidXchange Holdings Company Z Score Analysis

AvidXchange Holdings' 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 )

AvidXchange Z Score Driver Correlations

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

In accordance with the company's disclosures, AvidXchange Holdings has a Z Score of 0.0. This is 100.0% lower than that of the Software sector and about the same as Information Technology (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.

AvidXchange Z Score Peer Comparison

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

AvidXchange Holdings 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, AvidXchange Holdings' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to AvidXchange Holdings' managers, analysts, and investors.
Environmental
Governance
Social

AvidXchange Holdings Institutional Holders

Institutional Holdings refers to the ownership stake in AvidXchange Holdings that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of AvidXchange Holdings' 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 AvidXchange Holdings' value.
Shares
Jpmorgan Chase & Co2024-09-30
3.4 M
Par Capital Management Inc2024-09-30
3.4 M
Bank Of New York Mellon Corp2024-09-30
3.2 M
Tremblant Capital Group2024-09-30
3.2 M
Jacobs Levy Equity Management, Inc.2024-09-30
3.1 M
Biltmore Family Office, Llc2024-09-30
3.1 M
Sapphire Ventures (gpe) I, L.l.c.2024-09-30
2.9 M
Foundry Group Next, Llc2024-09-30
2.5 M
Hhg Plc2024-09-30
2.4 M
Vanguard Group Inc2024-09-30
18 M
Fmr Inc2024-09-30
13.7 M

AvidXchange Fundamentals

About AvidXchange Holdings Fundamental Analysis

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

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