| LSEAW Stock | | | USD 0.21 0.01 4.55% |
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
Landsea Homes Piotroski F Score and
Landsea Homes Valuation analysis.
For more information on how to buy Landsea Stock please use our
How to Invest in Landsea Homes guide.
At this time, Landsea Homes'
Capital Surpluse is fairly stable compared to the past year.
Capital Lease Obligations is likely to climb to about 13.5
M in 2024, whereas
Capital Stock is likely to drop 3,420 in 2024. At this time, Landsea Homes'
Net Income Applicable To Common Shares is fairly stable compared to the past year.
EBIT is likely to climb to about 45.7
M in 2024, whereas
Interest Expense is likely to drop slightly above 10.4
M in 2024.
Landsea Homes Company Z Score Analysis
Landsea Homes' 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..
| 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 ) |
|
Landsea Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for Landsea Homes is extremely important. It helps to project a fair market value of Landsea Stock properly, considering its historical
fundamentals such as Z Score. Since Landsea Homes' 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 Landsea Homes' 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 Landsea Homes' interrelated accounts and indicators.
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.
Based on the company's disclosures, Landsea Homes has a Z Score of 0.0. This indicator is about the same for the Household Durables average (which is currently at 0.0) sector and about the same as
Consumer Discretionary (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).
Landsea Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Landsea Homes' 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 Landsea Homes could also be used in its relative valuation, which is a method of valuing Landsea Homes by comparing valuation metrics of similar companies.
Landsea Homes is currently under evaluation in z score category among its peers.
Landsea Fundamentals
About Landsea Homes Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Landsea Homes's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Landsea Homes using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at
the intrinsic value of Landsea Homes 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 Landsea Stock Analysis
When running Landsea Homes' price analysis, check to
measure Landsea Homes' 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 Landsea Homes is operating at the current time. Most of Landsea Homes' value examination focuses on studying past and present price action to
predict the probability of Landsea Homes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Landsea Homes' price. Additionally, you may evaluate how the addition of Landsea Homes to your portfolios can decrease your overall portfolio volatility.