Comstock Resources Stock Z Score

CRK Stock

USD 18.84 0.38 2.06%

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 Comstock Resources Piotroski F Score and Comstock Resources Valuation analysis.

For more information on how to buy Comstock Stock please use our How to buy in Comstock Stock guide.

At this time, Comstock Resources' Capital Stock is quite stable compared to the past year. Capital Expenditures is expected to rise to about 1.2 B this year, although the value of Net Working Capital is projected to rise to (312.4 M). At this time, Comstock Resources' EBITDA is quite stable compared to the past year. Total Operating Expenses is expected to rise to about 1.3 B this year, although the value of Net Loss is projected to rise to (207.8 M).

Comstock Resources Company Z Score Analysis

Comstock 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 )

Comstock Z Score Driver Correlations

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

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Total Liab	Total Current Assets	Net Receivables	Short Term Debt	Accounts Payable	Common Stock	Current Deferred Revenue	Short Term Investments	Net Tangible Assets	Long Term Debt	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Property Plant Equipment	Accumulated Depreciation	Long Term Investments	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.95	0.95	0.7	0.98	0.72	0.76	-0.42	0.94	0.97	0.09	0.06	0.83	0.87	0.83	0.84	0.85	0.87	0.37	-0.46	0.41	-0.53	0.93	-0.89	0.57
Total Stockholder Equity	0.95		0.82	0.87	0.87	0.62	0.73	-0.48	0.9	0.9	0.05	0.17	0.93	0.73	0.67	0.76	0.89	0.86	0.34	-0.62	0.19	-0.37	0.84	-0.77	0.39
Net Debt	0.95	0.82		0.47	0.99	0.68	0.67	-0.32	0.87	0.94	0.07	-0.05	0.66	0.92	0.89	0.83	0.72	0.79	0.35	-0.29	0.56	-0.64	0.91	-0.92	0.66
Retained Earnings	0.7	0.87	0.47		0.54	0.42	0.52	-0.41	0.68	0.61	-0.07	0.31	0.89	0.38	0.31	0.46	0.79	0.67	0.3	-0.64	-0.17	-0.08	0.55	-0.42	0.08
Total Liab	0.98	0.87	0.99	0.54		0.72	0.74	-0.38	0.91	0.97	0.12	-0.01	0.72	0.92	0.89	0.85	0.77	0.84	0.37	-0.34	0.52	-0.62	0.94	-0.92	0.67
Total Current Assets	0.72	0.62	0.68	0.42	0.72		0.91	-0.12	0.87	0.75	0.53	-0.09	0.46	0.69	0.67	0.76	0.59	0.62	0.28	-0.16	0.56	-0.35	0.77	-0.61	0.4
Net Receivables	0.76	0.73	0.67	0.52	0.74	0.91		-0.35	0.87	0.81	0.59	0.03	0.58	0.69	0.71	0.78	0.66	0.75	0.38	-0.35	0.42	-0.42	0.8	-0.66	0.46
Short Term Debt	-0.42	-0.48	-0.32	-0.41	-0.38	-0.12	-0.35		-0.34	-0.45	0.15	-0.48	-0.5	-0.33	-0.29	-0.35	-0.59	-0.5	-0.66	0.67	0.3	0.38	-0.43	0.44	-0.33
Accounts Payable	0.94	0.9	0.87	0.68	0.91	0.87	0.87	-0.34		0.95	0.23	0.0	0.77	0.82	0.76	0.87	0.84	0.82	0.31	-0.43	0.47	-0.42	0.93	-0.83	0.44
Common Stock	0.97	0.9	0.94	0.61	0.97	0.75	0.81	-0.45	0.95		0.14	0.08	0.78	0.89	0.85	0.88	0.85	0.86	0.44	-0.46	0.49	-0.62	0.97	-0.95	0.6
Current Deferred Revenue	0.09	0.05	0.07	-0.07	0.12	0.53	0.59	0.15	0.23	0.14		-0.44	-0.14	0.12	0.24	0.21	-0.11	0.1	-0.01	0.24	0.4	-0.12	0.14	-0.01	0.15
Short Term Investments	0.06	0.17	-0.05	0.31	-0.01	-0.09	0.03	-0.48	0.0	0.08	-0.44		0.38	-0.04	-0.06	0.0	0.39	0.2	0.42	-0.56	-0.5	-0.07	0.07	-0.09	0.05
Net Tangible Assets	0.83	0.93	0.66	0.89	0.72	0.46	0.58	-0.5	0.77	0.78	-0.14	0.38		0.56	0.49	0.65	0.92	0.79	0.28	-0.66	-0.02	-0.23	0.74	-0.65	0.32
Long Term Debt	0.87	0.73	0.92	0.38	0.92	0.69	0.69	-0.33	0.82	0.89	0.12	-0.04	0.56		0.98	0.93	0.62	0.88	0.42	-0.27	0.58	-0.61	0.93	-0.88	0.73
Long Term Debt Total	0.83	0.67	0.89	0.31	0.89	0.67	0.71	-0.29	0.76	0.85	0.24	-0.06	0.49	0.98		0.88	0.52	0.85	0.44	-0.21	0.59	-0.66	0.88	-0.85	0.8
Capital Surpluse	0.84	0.76	0.83	0.46	0.85	0.76	0.78	-0.35	0.87	0.88	0.21	0.0	0.65	0.93	0.88		0.71	0.91	0.32	-0.38	0.52	-0.41	0.95	-0.84	0.57
Deferred Long Term Liab	0.85	0.89	0.72	0.79	0.77	0.59	0.66	-0.59	0.84	0.85	-0.11	0.39	0.92	0.62	0.52	0.71		0.76	0.41	-0.69	0.09	-0.35	0.82	-0.75	0.3
Property Plant Equipment	0.87	0.86	0.79	0.67	0.84	0.62	0.75	-0.5	0.82	0.86	0.1	0.2	0.79	0.88	0.85	0.91	0.76		0.46	-0.54	0.26	-0.43	0.89	-0.79	0.61
Accumulated Depreciation	0.37	0.34	0.35	0.3	0.37	0.28	0.38	-0.66	0.31	0.44	-0.01	0.42	0.28	0.42	0.44	0.32	0.41	0.46		-0.43	-0.06	-0.73	0.44	-0.47	0.54
Long Term Investments	-0.46	-0.62	-0.29	-0.64	-0.34	-0.16	-0.35	0.67	-0.43	-0.46	0.24	-0.56	-0.66	-0.27	-0.21	-0.38	-0.69	-0.54	-0.43		0.46	0.05	-0.39	0.43	-0.01
Short Long Term Debt	0.41	0.19	0.56	-0.17	0.52	0.56	0.42	0.3	0.47	0.49	0.4	-0.5	-0.02	0.58	0.59	0.52	0.09	0.26	-0.06	0.46		-0.48	0.54	-0.53	0.38
Cash And Equivalents	-0.53	-0.37	-0.64	-0.08	-0.62	-0.35	-0.42	0.38	-0.42	-0.62	-0.12	-0.07	-0.23	-0.61	-0.66	-0.41	-0.35	-0.43	-0.73	0.05	-0.48		-0.6	0.71	-0.78
Net Invested Capital	0.93	0.84	0.91	0.55	0.94	0.77	0.8	-0.43	0.93	0.97	0.14	0.07	0.74	0.93	0.88	0.95	0.82	0.89	0.44	-0.39	0.54	-0.6		-0.93	0.63
Net Working Capital	-0.89	-0.77	-0.92	-0.42	-0.92	-0.61	-0.66	0.44	-0.83	-0.95	-0.01	-0.09	-0.65	-0.88	-0.85	-0.84	-0.75	-0.79	-0.47	0.43	-0.53	0.71	-0.93		-0.63
Capital Stock	0.57	0.39	0.66	0.08	0.67	0.4	0.46	-0.33	0.44	0.6	0.15	0.05	0.32	0.73	0.8	0.57	0.3	0.61	0.54	-0.01	0.38	-0.78	0.63	-0.63

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 Comstock Resources

In accordance with the company's disclosures, Comstock Resources 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.

Comstock Z Score Peer Comparison

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

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

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

Environmental

Governance

Social

Comstock Resources Institutional Holders

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

		Shares
Ubs Group Ag	2024-12-31	1 M
Wellington Management Company Llp	2024-12-31	990.5 K
Encompass Capital Advisors Llc	2024-12-31	953.3 K
Northern Trust Corp	2024-12-31	943.8 K
Royce & Associates, Lp	2024-12-31	779.4 K
Bank Of New York Mellon Corp	2024-12-31	742.2 K
Goehring & Rozencwajg Associates Llc	2024-12-31	703 K
Goldman Sachs Group Inc	2024-12-31	649.4 K
Amvescap Plc.	2024-12-31	642.5 K
Blackrock Inc	2024-12-31	14.7 M
Dimensional Fund Advisors, Inc.	2024-12-31	13.3 M

Comstock Fundamentals

	Return On Equity	-0.0928
	Return On Asset	-0.0167
	Profit Margin	(0.17) %
	Operating Margin	(0) %
	Current Valuation	8.43 B
	Shares Outstanding	292.92 M
	Shares Owned By Insiders	74.43 %
	Shares Owned By Institutions	31.60 %
	Number Of Shares Shorted	22.3 M
	Price To Earning	17.08 X
	Price To Book	2.41 X
	Price To Sales	4.31 X
	Revenue	1.25 B
	Gross Profit	668.43 M
	EBITDA	638.19 M
	Net Income	(218.75 M)
	Cash And Equivalents	54.65 M
	Cash Per Share	0.14 X
	Total Debt	3.03 B
	Debt To Equity	1.81 %
	Current Ratio	0.55 X
	Book Value Per Share	7.67 X
	Cash Flow From Operations	620.34 M
	Short Ratio	9.63 X
	Earnings Per Share	(0.76) X
	Price To Earnings To Growth	(0.04) X
	Target Price	17.31
	Number Of Employees	256
	Beta	0.55
	Market Capitalization	5.41 B
	Total Asset	6.38 B
	Retained Earnings	728.62 M
	Working Capital	(328.82 M)
	Current Asset	156.24 M
	Current Liabilities	95.72 M
	Net Asset	6.38 B
	Last Dividend Paid	0.13

About Comstock Resources Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Comstock Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Comstock Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Comstock Resources 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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When determining whether Comstock Resources is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Comstock Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Comstock Resources Stock. Highlighted below are key reports to facilitate an investment decision about Comstock Resources Stock:

How To Invest In Comstock

Details

Is Comstock Stock a good investment?

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What is Comstock Resources' Net Worth?

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Check out Comstock Resources Piotroski F Score and Comstock Resources Valuation analysis.

For more information on how to buy Comstock Stock please use our How to buy in Comstock Stock guide.

You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Comstock Resources. If investors know Comstock will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Comstock Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.79)

Earnings Share

(0.76)

Revenue Per Share

4.371

Quarterly Revenue Growth

(0.10)

Return On Assets

(0.02)

The market value of Comstock Resources is measured differently than its book value, which is the value of Comstock that is recorded on the company's balance sheet. Investors also form their own opinion of Comstock Resources' value that differs from its market value or its book value, called intrinsic value, which is Comstock Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Comstock Resources' market value can be influenced by many factors that don't directly affect Comstock Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Comstock Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Comstock Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comstock Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Comstock Resources Stock Z Score

Comstock Resources 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 )

Comstock Z Score Driver Correlations

Comstock Z Score Peer Comparison

Comstock Resources ESG Sustainability

Comstock Resources Institutional Holders

Comstock Fundamentals

About Comstock Resources Fundamental Analysis

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

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