Cnx Resources Corp Stock Z Score

CNX Stock

USD 30.59 0.55 1.83%

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 CNX Resources Piotroski F Score and CNX Resources Valuation analysis.

At this time, CNX Resources' Additional Paid In Capital is fairly stable compared to the past year. Capital Expenditures is likely to rise to about 784.3 M in 2025, whereas Capital Surpluse is likely to drop slightly above 2.6 B in 2025. At this time, CNX Resources' Reconciled Depreciation is fairly stable compared to the past year.

CNX Resources Corp Company Z Score Analysis

CNX Resources' 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 )

CNX Z Score Driver Correlations

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

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Short Term Investments	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Long Term Debt	Property Plant Equipment	Current Deferred Revenue	Good Will	Intangible Assets	Net Tangible Assets	Total Permanent Equity	Long Term Debt Total	Capital Surpluse	Long Term Investments	Accumulated Depreciation	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.69	0.72	0.85	0.76	0.74	-0.2	0.85	0.69	0.07	0.72	0.91	0.96	0.6	-0.45	-0.79	0.65	-0.65	0.93	0.35	0.42	0.49	-0.24	-0.21	0.0	0.3	0.12
Total Stockholder Equity	0.69		0.66	0.89	0.33	0.13	-0.14	0.23	0.15	0.12	0.69	0.8	0.77	0.07	-0.17	-0.79	0.8	-0.22	0.82	0.66	0.22	0.34	-0.16	0.01	0.38	0.11	0.14
Net Debt	0.72	0.66		0.66	0.55	0.41	-0.65	0.48	0.4	0.0	0.73	0.81	0.66	0.31	-0.25	-0.55	0.54	-0.55	0.79	0.19	0.45	0.38	-0.48	-0.11	0.31	0.48	0.54
Retained Earnings	0.85	0.89	0.66		0.63	0.44	-0.12	0.5	0.48	0.13	0.69	0.84	0.86	0.37	-0.31	-0.76	0.82	-0.53	0.87	0.36	0.44	0.5	-0.37	-0.03	0.33	0.38	0.13
Accounts Payable	0.76	0.33	0.55	0.63		0.88	-0.43	0.79	0.93	-0.28	0.55	0.66	0.64	0.78	-0.54	-0.41	0.44	-0.89	0.66	-0.22	0.62	0.64	-0.58	0.0	-0.02	0.69	0.37
Net Receivables	0.74	0.13	0.41	0.44	0.88		-0.32	0.89	0.91	-0.29	0.51	0.59	0.6	0.82	-0.5	-0.39	0.29	-0.75	0.59	-0.16	0.47	0.56	-0.37	-0.11	-0.25	0.48	0.27
Short Term Investments	-0.2	-0.14	-0.65	-0.12	-0.43	-0.32		-0.14	-0.33	0.42	-0.54	-0.41	-0.09	-0.23	0.13	0.05	-0.23	0.43	-0.32	0.22	-0.46	-0.29	0.71	-0.17	-0.22	-0.64	-0.89
Total Liab	0.85	0.23	0.48	0.5	0.79	0.89	-0.14		0.84	0.03	0.48	0.64	0.76	0.76	-0.58	-0.53	0.29	-0.73	0.67	0.04	0.44	0.42	-0.17	-0.25	-0.31	0.31	0.06
Total Current Assets	0.69	0.15	0.4	0.48	0.93	0.91	-0.33	0.84		-0.23	0.5	0.55	0.53	0.88	-0.62	-0.39	0.27	-0.84	0.56	-0.25	0.63	0.45	-0.47	0.12	-0.18	0.63	0.29
Short Term Debt	0.07	0.12	0.0	0.13	-0.28	-0.29	0.42	0.03	-0.23		-0.1	-0.1	0.19	-0.27	-0.11	-0.13	0.1	-0.06	-0.07	0.2	0.11	-0.43	0.26	-0.17	-0.11	-0.2	-0.37
Common Stock	0.72	0.69	0.73	0.69	0.55	0.51	-0.54	0.48	0.5	-0.1		0.88	0.7	0.34	-0.53	-0.8	0.78	-0.44	0.85	0.43	0.6	0.5	-0.5	0.22	0.07	0.49	0.56
Long Term Debt	0.91	0.8	0.81	0.84	0.66	0.59	-0.41	0.64	0.55	-0.1	0.88		0.88	0.43	-0.37	-0.85	0.78	-0.48	0.99	0.45	0.43	0.54	-0.36	-0.03	0.12	0.34	0.32
Property Plant Equipment	0.96	0.77	0.66	0.86	0.64	0.6	-0.09	0.76	0.53	0.19	0.7	0.88		0.44	-0.47	-0.84	0.69	-0.55	0.91	0.5	0.4	0.49	-0.12	-0.22	-0.02	0.18	0.04
Current Deferred Revenue	0.6	0.07	0.31	0.37	0.78	0.82	-0.23	0.76	0.88	-0.27	0.34	0.43	0.44		-0.44	-0.25	0.12	-0.7	0.45	-0.2	0.37	0.41	-0.36	-0.07	-0.05	0.46	0.24
Good Will	-0.45	-0.17	-0.25	-0.31	-0.54	-0.5	0.13	-0.58	-0.62	-0.11	-0.53	-0.37	-0.47	-0.44		0.52	-0.24	0.58	-0.38	-0.1	-0.78	-0.43	0.22	-0.32	0.41	-0.47	-0.19
Intangible Assets	-0.79	-0.79	-0.55	-0.76	-0.41	-0.39	0.05	-0.53	-0.39	-0.13	-0.8	-0.85	-0.84	-0.25	0.52		-0.69	0.23	-0.87	-0.68	-0.43	-0.38	0.04	-0.2	0.11	-0.11	0.01
Net Tangible Assets	0.65	0.8	0.54	0.82	0.44	0.29	-0.23	0.29	0.27	0.1	0.78	0.78	0.69	0.12	-0.24	-0.69		-0.35	0.77	0.44	0.34	0.44	-0.38	0.03	0.15	0.28	0.26
Total Permanent Equity	-0.65	-0.22	-0.55	-0.53	-0.89	-0.75	0.43	-0.73	-0.84	-0.06	-0.44	-0.48	-0.55	-0.7	0.58	0.23	-0.35		-0.48	0.32	-0.68	-0.41	0.57	0.07	0.01	-0.71	-0.43
Long Term Debt Total	0.93	0.82	0.79	0.87	0.66	0.59	-0.32	0.67	0.56	-0.07	0.85	0.99	0.91	0.45	-0.38	-0.87	0.77	-0.48		0.46	0.41	0.54	-0.31	-0.06	0.12	0.31	0.24
Capital Surpluse	0.35	0.66	0.19	0.36	-0.22	-0.16	0.22	0.04	-0.25	0.2	0.43	0.45	0.5	-0.2	-0.1	-0.68	0.44	0.32	0.46		-0.2	-0.02	0.43	-0.03	-0.01	-0.5	-0.17
Long Term Investments	0.42	0.22	0.45	0.44	0.62	0.47	-0.46	0.44	0.63	0.11	0.6	0.43	0.4	0.37	-0.78	-0.43	0.34	-0.68	0.41	-0.2		0.45	-0.66	0.45	-0.08	0.84	0.45
Accumulated Depreciation	0.49	0.34	0.38	0.5	0.64	0.56	-0.29	0.42	0.45	-0.43	0.5	0.54	0.49	0.41	-0.43	-0.38	0.44	-0.41	0.54	-0.02	0.45		-0.43	-0.03	0.01	0.5	0.29
Short Long Term Debt	-0.24	-0.16	-0.48	-0.37	-0.58	-0.37	0.71	-0.17	-0.47	0.26	-0.5	-0.36	-0.12	-0.36	0.22	0.04	-0.38	0.57	-0.31	0.43	-0.66	-0.43		-0.26	-0.45	-0.92	-0.77
Cash And Equivalents	-0.21	0.01	-0.11	-0.03	0.0	-0.11	-0.17	-0.25	0.12	-0.17	0.22	-0.03	-0.22	-0.07	-0.32	-0.2	0.03	0.07	-0.06	-0.03	0.45	-0.03	-0.26		-0.04	0.33	0.16
Net Invested Capital	0.0	0.38	0.31	0.33	-0.02	-0.25	-0.22	-0.31	-0.18	-0.11	0.07	0.12	-0.02	-0.05	0.41	0.11	0.15	0.01	0.12	-0.01	-0.08	0.01	-0.45	-0.04		0.28	0.38
Net Working Capital	0.3	0.11	0.48	0.38	0.69	0.48	-0.64	0.31	0.63	-0.2	0.49	0.34	0.18	0.46	-0.47	-0.11	0.28	-0.71	0.31	-0.5	0.84	0.5	-0.92	0.33	0.28		0.69
Capital Stock	0.12	0.14	0.54	0.13	0.37	0.27	-0.89	0.06	0.29	-0.37	0.56	0.32	0.04	0.24	-0.19	0.01	0.26	-0.43	0.24	-0.17	0.45	0.29	-0.77	0.16	0.38	0.69

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 CNX Resources

In accordance with the company's disclosures, CNX Resources Corp has a Z Score of 0.0. This is 100.0% lower than that of the Oil, Gas & Consumable Fuels sector and 100.0% lower than that of the Energy industry. The z score for all United States stocks is 100.0% higher than that of the company.

CNX Z Score Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses CNX Resources' 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 CNX Resources could also be used in its relative valuation, which is a method of valuing CNX Resources by comparing valuation metrics of similar companies.

CNX Resources is currently under evaluation in z score category among its peers.

CNX Resources Current Valuation Drivers

We derive many important indicators used in calculating different scores of CNX Resources from analyzing CNX Resources' financial statements. These drivers represent accounts that assess CNX Resources' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of CNX Resources' important valuation drivers and their relationship over time.

	2020	2021	2022	2023	2024	2025 (projected)
Market Cap	2.2B	3.0B	3.2B	5.5B	6.4B	5.5B
Enterprise Value	4.7B	5.2B	5.6B	6.0B	5.4B	5.4B

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

Environmental

Governance

Social

CNX Resources Institutional Holders

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

		Shares
Morgan Stanley - Brokerage Accounts	2024-12-31	2.4 M
Northern Trust Corp	2024-12-31	2.4 M
Southeast Asset Advisors Inc.	2024-12-31	2.3 M
Amvescap Plc.	2024-12-31	2.1 M
Goldman Sachs Group Inc	2024-12-31	2.1 M
Charles Schwab Investment Management Inc	2024-12-31	2 M
Woodline Partners Lp	2024-12-31	2 M
Bank Of New York Mellon Corp	2024-12-31	1.9 M
Jpmorgan Chase & Co	2024-12-31	1.8 M
Blackrock Inc	2024-12-31	19.2 M
Vanguard Group Inc	2024-12-31	15.3 M

CNX Fundamentals

	Return On Equity	-0.0214
	Return On Asset	3.0E-4
	Profit Margin	(0.08) %
	Operating Margin	(1.22) %
	Current Valuation	6.75 B
	Shares Outstanding	148.84 M
	Shares Owned By Insiders	4.64 %
	Shares Owned By Institutions	95.36 %
	Number Of Shares Shorted	24.2 M
	Price To Earning	4.38 X
	Price To Book	1.09 X
	Price To Sales	3.81 X
	Revenue	1.44 B
	Gross Profit	633.78 M
	EBITDA	515.99 M
	Net Income	(90.49 M)
	Cash And Equivalents	21.32 M
	Cash Per Share	0.04 X
	Total Debt	454.04 M
	Debt To Equity	0.95 %
	Current Ratio	0.30 X
	Book Value Per Share	27.53 X
	Cash Flow From Operations	815.78 M
	Short Ratio	6.91 X
	Earnings Per Share	(0.60) X
	Price To Earnings To Growth	0.96 X
	Target Price	29.77
	Number Of Employees	458
	Beta	1.27
	Market Capitalization	4.47 B
	Total Asset	8.51 B
	Retained Earnings	1.75 B
	Working Capital	(751.94 M)
	Current Asset	804.76 M
	Current Liabilities	1.68 B
	Net Asset	8.51 B

About CNX Resources Fundamental Analysis

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

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

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Cnx Resources Corp Stock Z Score

CNX Resources Corp 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 )

CNX Z Score Driver Correlations

CNX Z Score Peer Comparison

CNX Resources Current Valuation Drivers

CNX Resources ESG Sustainability

CNX Resources Institutional Holders

CNX Fundamentals

About CNX Resources Fundamental Analysis

Also Currently Popular

Additional Tools for CNX Stock Analysis

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