Cadeler As Stock Z Score

CDLR Stock   22.41  0.66  3.03%   
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 Cadeler AS Piotroski F Score and Cadeler AS Valuation analysis.
To learn how to invest in Cadeler Stock, please use our How to Invest in Cadeler AS guide.
  
At this time, Cadeler AS's Net Working Capital is relatively stable compared to the past year. As of 12/23/2024, Change In Working Capital is likely to grow to about 21.2 M, while Net Invested Capital is likely to drop slightly above 696.6 M. At this time, Cadeler AS's Interest Income is relatively stable compared to the past year.

Cadeler AS Company Z Score Analysis

Cadeler AS'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 )

Cadeler Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Cadeler AS is extremely important. It helps to project a fair market value of Cadeler Stock properly, considering its historical fundamentals such as Z Score. Since Cadeler AS'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 Cadeler AS'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 Cadeler AS's interrelated accounts and indicators.
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1.0-0.070.210.90.780.680.95-0.490.930.540.830.9-0.440.910.33-0.84-0.84
-0.02-0.070.82-0.190.380.39-0.2-0.22-0.15-0.120.250.2-0.250.190.23-0.15-0.05
0.250.210.820.050.610.420.11-0.660.09-0.330.460.39-0.680.390.5-0.23-0.26
0.890.9-0.190.050.70.770.9-0.460.960.460.890.92-0.420.920.32-0.81-0.63
0.770.780.380.610.70.670.6-0.490.810.350.810.87-0.460.880.17-0.57-0.49
0.710.680.390.420.770.670.69-0.550.680.270.940.91-0.540.890.56-0.89-0.59
0.950.95-0.20.110.90.60.69-0.590.850.380.820.84-0.550.850.53-0.88-0.87
-0.52-0.49-0.22-0.66-0.46-0.49-0.55-0.59-0.370.45-0.69-0.561.0-0.55-0.880.50.51
0.90.93-0.150.090.960.810.680.85-0.370.570.830.91-0.320.920.14-0.72-0.59
0.530.54-0.12-0.330.460.350.270.380.450.570.240.430.480.44-0.45-0.46-0.4
0.840.830.250.460.890.810.940.82-0.690.830.240.98-0.670.970.57-0.86-0.65
0.90.90.20.390.920.870.910.84-0.560.910.430.98-0.531.00.41-0.87-0.68
-0.48-0.44-0.25-0.68-0.42-0.46-0.54-0.551.0-0.320.48-0.67-0.53-0.52-0.90.480.49
0.920.910.190.390.920.880.890.85-0.550.920.440.971.0-0.520.4-0.87-0.69
0.380.330.230.50.320.170.560.53-0.880.14-0.450.570.41-0.90.4-0.57-0.56
-0.87-0.84-0.15-0.23-0.81-0.57-0.89-0.880.5-0.72-0.46-0.86-0.870.48-0.87-0.570.87
-0.88-0.84-0.05-0.26-0.63-0.49-0.59-0.870.51-0.59-0.4-0.65-0.680.49-0.69-0.560.87
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

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

Cadeler AS Current Valuation Drivers

We derive many important indicators used in calculating different scores of Cadeler AS from analyzing Cadeler AS's financial statements. These drivers represent accounts that assess Cadeler AS's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Cadeler AS's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap275.8M60.2M476.9M596.4M840.5M882.5M
Enterprise Value335.3M70.8M548.2M692.6M950.4M998.0M

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

Cadeler Fundamentals

About Cadeler AS Fundamental Analysis

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

Pair Trading with Cadeler AS

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cadeler AS position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cadeler AS will appreciate offsetting losses from the drop in the long position's value.

Moving against Cadeler Stock

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The ability to find closely correlated positions to Cadeler AS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cadeler AS when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cadeler AS - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cadeler AS to buy it.
The correlation of Cadeler AS is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cadeler AS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cadeler AS moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cadeler AS can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Cadeler Stock Analysis

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