Surgery Partners Stock Z Score

SGRY Stock

USD 21.10 0.12 0.57%

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 Surgery Partners Piotroski F Score and Surgery Partners Valuation analysis.

For more information on how to buy Surgery Stock please use our How to Invest in Surgery Partners guide.

At this time, Surgery Partners' Capital Surpluse is fairly stable compared to the past year. Long Term Debt To Capitalization is likely to rise to 0.98 in 2024, whereas Additional Paid In Capital is likely to drop slightly above 237.4 M in 2024. At this time, Surgery Partners' Total Operating Expenses is fairly stable compared to the past year. Income Before Tax is likely to rise to about 141.8 M in 2024, whereas Depreciation And Amortization is likely to drop slightly above 80.6 M in 2024.

Surgery Partners Company Z Score Analysis

Surgery Partners' 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 )

Surgery Z Score Driver Correlations

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

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Long Term Debt	Net Receivables	Good Will	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Property Plant Equipment	Net Tangible Assets	Current Deferred Revenue	Long Term Investments	Short Long Term Debt	Common Stock	Short Term Investments	Long Term Debt Total	Capital Surpluse	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.77	0.97	-0.71	0.97	0.98	0.99	1.0	0.93	0.98	0.97	0.63	0.89	-0.02	-0.1	0.87	0.97	0.68	0.81	0.96	0.72	0.35	0.45	-0.62
Total Stockholder Equity	0.77		0.66	-0.75	0.84	0.66	0.78	0.74	0.64	0.77	0.72	0.38	0.9	0.13	0.21	0.87	0.76	0.86	0.64	0.73	0.98	0.52	0.72	-0.91
Net Debt	0.97	0.66		-0.71	0.92	1.0	0.97	0.98	0.94	0.95	0.97	0.68	0.87	-0.06	-0.15	0.77	0.94	0.55	0.84	0.95	0.62	0.26	0.3	-0.5
Retained Earnings	-0.71	-0.75	-0.71		-0.78	-0.69	-0.77	-0.66	-0.6	-0.77	-0.74	-0.37	-0.86	-0.33	-0.38	-0.73	-0.61	-0.76	-0.73	-0.66	-0.8	-0.4	-0.62	0.78
Accounts Payable	0.97	0.84	0.92	-0.78		0.91	0.98	0.96	0.85	0.96	0.95	0.56	0.92	0.05	0.02	0.94	0.94	0.83	0.78	0.92	0.81	0.46	0.56	-0.72
Long Term Debt	0.98	0.66	1.0	-0.69	0.91		0.97	0.98	0.95	0.96	0.96	0.7	0.85	-0.04	-0.15	0.75	0.94	0.54	0.81	0.95	0.62	0.23	0.32	-0.5
Net Receivables	0.99	0.78	0.97	-0.77	0.98	0.97		0.98	0.91	0.99	0.96	0.64	0.9	0.04	-0.06	0.87	0.95	0.72	0.79	0.94	0.74	0.36	0.49	-0.64
Good Will	1.0	0.74	0.98	-0.66	0.96	0.98	0.98		0.94	0.97	0.96	0.67	0.87	-0.07	-0.17	0.84	0.97	0.63	0.8	0.96	0.69	0.32	0.39	-0.57
Total Liab	0.93	0.64	0.94	-0.6	0.85	0.95	0.91	0.94		0.92	0.9	0.57	0.79	-0.02	-0.24	0.72	0.89	0.47	0.76	0.9	0.56	0.16	0.35	-0.48
Total Current Assets	0.98	0.77	0.95	-0.77	0.96	0.96	0.99	0.97	0.92		0.96	0.59	0.88	0.13	0.02	0.84	0.94	0.7	0.78	0.94	0.72	0.28	0.56	-0.66
Short Term Debt	0.97	0.72	0.97	-0.74	0.95	0.96	0.96	0.96	0.9	0.96		0.52	0.91	0.01	0.0	0.85	0.96	0.66	0.85	0.97	0.69	0.35	0.38	-0.57
Intangible Assets	0.63	0.38	0.68	-0.37	0.56	0.7	0.64	0.67	0.57	0.59	0.52		0.49	-0.26	-0.36	0.37	0.57	0.21	0.36	0.51	0.34	0.18	0.05	-0.2
Property Plant Equipment	0.89	0.9	0.87	-0.86	0.92	0.85	0.9	0.87	0.79	0.88	0.91	0.49		0.05	0.19	0.87	0.88	0.75	0.85	0.89	0.91	0.47	0.52	-0.78
Net Tangible Assets	-0.02	0.13	-0.06	-0.33	0.05	-0.04	0.04	-0.07	-0.02	0.13	0.01	-0.26	0.05		0.5	-0.05	-0.13	0.28	-0.12	-0.03	0.17	-0.48	0.66	-0.49
Current Deferred Revenue	-0.1	0.21	-0.15	-0.38	0.02	-0.15	-0.06	-0.17	-0.24	0.02	0.0	-0.36	0.19	0.5		0.1	-0.07	0.33	0.06	-0.01	0.34	0.13	0.51	-0.4
Long Term Investments	0.87	0.87	0.77	-0.73	0.94	0.75	0.87	0.84	0.72	0.84	0.85	0.37	0.87	-0.05	0.1		0.85	0.9	0.72	0.81	0.85	0.68	0.59	-0.73
Short Long Term Debt	0.97	0.76	0.94	-0.61	0.94	0.94	0.95	0.97	0.89	0.94	0.96	0.57	0.88	-0.13	-0.07	0.85		0.63	0.82	0.98	0.7	0.37	0.37	-0.55
Common Stock	0.68	0.86	0.55	-0.76	0.83	0.54	0.72	0.63	0.47	0.7	0.66	0.21	0.75	0.28	0.33	0.9	0.63		0.51	0.61	0.86	0.58	0.79	-0.87
Short Term Investments	0.81	0.64	0.84	-0.73	0.78	0.81	0.79	0.8	0.76	0.78	0.85	0.36	0.85	-0.12	0.06	0.72	0.82	0.51		0.88	0.65	0.33	0.22	-0.5
Long Term Debt Total	0.96	0.73	0.95	-0.66	0.92	0.95	0.94	0.96	0.9	0.94	0.97	0.51	0.89	-0.03	-0.01	0.81	0.98	0.61	0.88		0.7	0.27	0.37	-0.58
Capital Surpluse	0.72	0.98	0.62	-0.8	0.81	0.62	0.74	0.69	0.56	0.72	0.69	0.34	0.91	0.17	0.34	0.85	0.7	0.86	0.65	0.7		0.53	0.72	-0.93
Net Invested Capital	0.35	0.52	0.26	-0.4	0.46	0.23	0.36	0.32	0.16	0.28	0.35	0.18	0.47	-0.48	0.13	0.68	0.37	0.58	0.33	0.27	0.53		0.18	-0.29
Net Working Capital	0.45	0.72	0.3	-0.62	0.56	0.32	0.49	0.39	0.35	0.56	0.38	0.05	0.52	0.66	0.51	0.59	0.37	0.79	0.22	0.37	0.72	0.18		-0.87
Capital Stock	-0.62	-0.91	-0.5	0.78	-0.72	-0.5	-0.64	-0.57	-0.48	-0.66	-0.57	-0.2	-0.78	-0.49	-0.4	-0.73	-0.55	-0.87	-0.5	-0.58	-0.93	-0.29	-0.87

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 Surgery Partners

Based on the company's disclosures, Surgery Partners has a Z Score of 0.0. This is 100.0% lower than that of the Health Care Providers & Services sector and about the same as Health Care (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.

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

Environmental

Governance

Social

Surgery Partners Institutional Holders

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

		Shares
Deerfield Management Co	2024-09-30	1.8 M
King Street Capital Management Lp	2024-09-30	1.4 M
Victory Capital Management Inc.	2024-09-30	1.3 M
Ameriprise Financial Inc	2024-09-30	1.2 M
Goldman Sachs Group Inc	2024-09-30	1.1 M
E Ohman J:or Asset Management Ab	2024-09-30	886.1 K
Norges Bank	2024-06-30	842.9 K
Avidity Partners Management Lp	2024-09-30	827 K
Charles Schwab Investment Management Inc	2024-09-30	772.7 K
Bain Capital Investors Llc	2024-09-30	49.9 M
Fmr Inc	2024-09-30	18.3 M

Surgery Fundamentals

	Return On Equity	0.0308
	Return On Asset	0.039
	Profit Margin	(0.02) %
	Operating Margin	0.13 %
	Current Valuation	5.99 B
	Shares Outstanding	127.11 M
	Shares Owned By Insiders	1.12 %
	Shares Owned By Institutions	98.88 %
	Number Of Shares Shorted	11.19 M
	Price To Earning	61.84 X
	Price To Book	1.42 X
	Price To Sales	0.90 X
	Revenue	2.74 B
	Gross Profit	574.9 M
	EBITDA	480.8 M
	Net Income	(11.9 M)
	Cash And Equivalents	227.4 M
	Cash Per Share	2.58 X
	Total Debt	3.06 B
	Debt To Equity	1.44 %
	Current Ratio	1.51 X
	Book Value Per Share	15.00 X
	Cash Flow From Operations	293.8 M
	Short Ratio	8.61 X
	Earnings Per Share	(0.47) X
	Price To Earnings To Growth	1.66 X
	Target Price	34.94
	Number Of Employees	10.5 K
	Beta	2.77
	Market Capitalization	2.7 B
	Total Asset	6.88 B
	Retained Earnings	(569.2 M)
	Working Capital	372 M
	Current Asset	310.96 M
	Current Liabilities	181.29 M
	Net Asset	6.88 B

About Surgery Partners Fundamental Analysis

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

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

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Surgery Partners Stock Z Score

Surgery Partners 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 )

Surgery Z Score Driver Correlations

Surgery Partners ESG Sustainability

Surgery Partners Institutional Holders

Surgery Fundamentals

About Surgery Partners Fundamental Analysis

Also Currently Popular

Additional Tools for Surgery Stock Analysis

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