Carriage Services Stock Z Score

CSV Stock

USD 40.55 0.16 0.40%

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 Carriage Services Piotroski F Score and Carriage Services Valuation analysis.

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

At this time, Carriage Services' Capital Lease Obligations is fairly stable compared to the past year. Additional Paid In Capital is likely to climb to about 261 M in 2024, whereas Net Invested Capital is likely to drop slightly above 739.2 M in 2024. At this time, Carriage Services' Interest Expense is fairly stable compared to the past year. Income Before Tax is likely to climb to about 48.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 21.2 M in 2024.

Carriage Services Company Z Score Analysis

Carriage Services' 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 )

Carriage Z Score Driver Correlations

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

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Long Term Debt	Good Will	Intangible Assets	Property Plant Equipment	Current Deferred Revenue	Short Term Investments	Treasury Stock	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.59	0.96	0.64	0.45	0.96	0.99	0.85	0.14	0.75	0.57	0.92	-0.57	0.91	-0.45	0.61	-0.68	-0.68	0.58	0.75	-0.53	0.73	-0.47	-0.67	0.67	0.2	0.19
Total Stockholder Equity	0.59		0.43	0.25	0.0	0.42	0.48	0.44	0.29	0.58	-0.09	0.5	-0.54	0.68	-0.69	0.33	-0.06	0.0	0.03	0.46	0.03	0.1	-0.17	-0.56	0.24	0.47	-0.03
Net Debt	0.96	0.43		0.72	0.42	0.93	0.98	0.76	0.0	0.57	0.69	0.97	-0.45	0.89	-0.31	0.69	-0.79	-0.8	0.63	0.79	-0.62	0.81	-0.56	-0.71	0.76	0.22	0.21
Retained Earnings	0.64	0.25	0.72		0.08	0.66	0.65	0.48	-0.06	0.2	0.69	0.76	-0.25	0.61	-0.23	0.88	-0.94	-0.88	0.86	0.9	-0.82	0.81	-0.72	-0.81	0.91	0.2	0.73
Accounts Payable	0.45	0.0	0.42	0.08		0.52	0.49	0.49	-0.39	0.55	0.15	0.27	-0.14	0.25	-0.1	0.19	-0.27	-0.32	0.19	0.17	-0.34	0.32	-0.26	-0.1	0.22	-0.16	0.07
Net Receivables	0.96	0.42	0.93	0.66	0.52		0.97	0.86	0.1	0.7	0.66	0.87	-0.51	0.79	-0.35	0.62	-0.74	-0.77	0.68	0.72	-0.67	0.83	-0.5	-0.62	0.69	-0.03	0.29
Total Liab	0.99	0.48	0.98	0.65	0.49	0.97		0.86	0.1	0.72	0.63	0.92	-0.52	0.88	-0.38	0.6	-0.73	-0.74	0.62	0.73	-0.57	0.78	-0.48	-0.64	0.69	0.14	0.2
Total Current Assets	0.85	0.44	0.76	0.48	0.49	0.86	0.86		0.18	0.86	0.36	0.66	-0.59	0.65	-0.26	0.43	-0.56	-0.6	0.54	0.55	-0.42	0.63	-0.44	-0.39	0.58	0.14	0.35
Short Term Debt	0.14	0.29	0.0	-0.06	-0.39	0.1	0.1	0.18		0.29	0.12	-0.03	-0.51	0.18	-0.44	-0.39	0.12	0.18	0.12	-0.12	0.26	-0.03	0.57	0.12	-0.28	-0.25	-0.11
Common Stock	0.75	0.58	0.57	0.2	0.55	0.7	0.72	0.86	0.29		0.07	0.43	-0.61	0.59	-0.56	0.16	-0.28	-0.25	0.27	0.32	-0.14	0.28	-0.14	-0.29	0.23	0.09	0.14
Long Term Debt	0.57	-0.09	0.69	0.69	0.15	0.66	0.63	0.36	0.12	0.07		0.69	-0.17	0.52	0.02	0.46	-0.76	-0.79	0.84	0.55	-0.77	0.86	-0.27	-0.39	0.63	-0.29	0.31
Good Will	0.92	0.5	0.97	0.76	0.27	0.87	0.92	0.66	-0.03	0.43	0.69		-0.41	0.89	-0.29	0.77	-0.76	-0.78	0.61	0.84	-0.63	0.81	-0.6	-0.78	0.81	0.29	0.21
Intangible Assets	-0.57	-0.54	-0.45	-0.25	-0.14	-0.51	-0.52	-0.59	-0.51	-0.61	-0.17	-0.41		-0.51	0.47	-0.13	0.23	0.21	-0.26	-0.29	0.05	-0.26	0.05	0.25	-0.15	-0.07	-0.08
Property Plant Equipment	0.91	0.68	0.89	0.61	0.25	0.79	0.88	0.65	0.18	0.59	0.52	0.89	-0.51		-0.47	0.56	-0.57	-0.52	0.46	0.78	-0.39	0.62	-0.39	-0.67	0.59	0.38	0.05
Current Deferred Revenue	-0.45	-0.69	-0.31	-0.23	-0.1	-0.35	-0.38	-0.26	-0.44	-0.56	0.02	-0.29	0.47	-0.47		-0.15	0.14	0.01	-0.09	-0.25	-0.04	0.0	-0.09	0.46	0.0	-0.07	-0.02
Short Term Investments	0.61	0.33	0.69	0.88	0.19	0.62	0.6	0.43	-0.39	0.16	0.46	0.77	-0.13	0.56	-0.15		-0.82	-0.8	0.61	0.9	-0.78	0.69	-0.91	-0.85	0.91	0.36	0.61
Treasury Stock	-0.68	-0.06	-0.79	-0.94	-0.27	-0.74	-0.73	-0.56	0.12	-0.28	-0.76	-0.76	0.23	-0.57	0.14	-0.82		0.96	-0.88	-0.81	0.85	-0.85	0.7	0.71	-0.87	-0.07	-0.67
Net Tangible Assets	-0.68	0.0	-0.8	-0.88	-0.32	-0.77	-0.74	-0.6	0.18	-0.25	-0.79	-0.78	0.21	-0.52	0.01	-0.8	0.96		-0.86	-0.75	0.86	-0.89	0.7	0.64	-0.89	-0.03	-0.62
Long Term Debt Total	0.58	0.03	0.63	0.86	0.19	0.68	0.62	0.54	0.12	0.27	0.84	0.61	-0.26	0.46	-0.09	0.61	-0.88	-0.86		0.68	-0.86	0.86	-0.45	-0.5	0.77	-0.17	0.74
Capital Surpluse	0.75	0.46	0.79	0.9	0.17	0.72	0.73	0.55	-0.12	0.32	0.55	0.84	-0.29	0.78	-0.25	0.9	-0.81	-0.75	0.68		-0.69	0.77	-0.79	-0.82	0.87	0.36	0.51
Deferred Long Term Liab	-0.53	0.03	-0.62	-0.82	-0.34	-0.67	-0.57	-0.42	0.26	-0.14	-0.77	-0.63	0.05	-0.39	-0.04	-0.78	0.85	0.86	-0.86	-0.69		-0.84	0.66	0.57	-0.83	0.19	-0.66
Long Term Investments	0.73	0.1	0.81	0.81	0.32	0.83	0.78	0.63	-0.03	0.28	0.86	0.81	-0.26	0.62	0.0	0.69	-0.85	-0.89	0.86	0.77	-0.84		-0.58	-0.59	0.84	-0.07	0.48
Short Long Term Debt	-0.47	-0.17	-0.56	-0.72	-0.26	-0.5	-0.48	-0.44	0.57	-0.14	-0.27	-0.6	0.05	-0.39	-0.09	-0.91	0.7	0.7	-0.45	-0.79	0.66	-0.58		0.63	-0.83	-0.41	-0.57
Cash And Equivalents	-0.67	-0.56	-0.71	-0.81	-0.1	-0.62	-0.64	-0.39	0.12	-0.29	-0.39	-0.78	0.25	-0.67	0.46	-0.85	0.71	0.64	-0.5	-0.82	0.57	-0.59	0.63		-0.75	-0.39	-0.43
Net Invested Capital	0.67	0.24	0.76	0.91	0.22	0.69	0.69	0.58	-0.28	0.23	0.63	0.81	-0.15	0.59	0.0	0.91	-0.87	-0.89	0.77	0.87	-0.83	0.84	-0.83	-0.75		0.34	0.67
Net Working Capital	0.2	0.47	0.22	0.2	-0.16	-0.03	0.14	0.14	-0.25	0.09	-0.29	0.29	-0.07	0.38	-0.07	0.36	-0.07	-0.03	-0.17	0.36	0.19	-0.07	-0.41	-0.39	0.34		0.05
Capital Stock	0.19	-0.03	0.21	0.73	0.07	0.29	0.2	0.35	-0.11	0.14	0.31	0.21	-0.08	0.05	-0.02	0.61	-0.67	-0.62	0.74	0.51	-0.66	0.48	-0.57	-0.43	0.67	0.05

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 Carriage Services

In accordance with the company's disclosures, Carriage Services has a Z Score of 0.0. This is 100.0% lower than that of the Diversified Consumer Services sector and 100.0% lower than that of the Consumer Discretionary industry. The z score for all United States stocks is 100.0% higher than that of the company.

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

Environmental

Governance

Social

Carriage Services Institutional Holders

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

		Shares
Morgan Stanley - Brokerage Accounts	2024-09-30	180.1 K
Charles Schwab Investment Management Inc	2024-09-30	169.2 K
Rbf Llc	2024-09-30	143.4 K
Bank Of New York Mellon Corp	2024-09-30	134.9 K
Nuveen Asset Management, Llc	2024-09-30	134.3 K
Nicholas Company Inc	2024-09-30	133.2 K
Allspring Global Investments Holdings, Llc	2024-09-30	131.3 K
Jpmorgan Chase & Co	2024-09-30	118.9 K
Bard Associates Inc	2024-09-30	111.9 K
Ameriprise Financial Inc	2024-09-30	1.6 M
Blackrock Inc	2024-06-30	984.9 K

Carriage Fundamentals

	Return On Equity	0.19
	Return On Asset	0.0429
	Profit Margin	0.09 %
	Operating Margin	0.23 %
	Current Valuation	1.18 B
	Shares Outstanding	15.22 M
	Shares Owned By Insiders	16.68 %
	Shares Owned By Institutions	70.28 %
	Number Of Shares Shorted	126.91 K
	Price To Earning	13.01 X
	Price To Book	3.12 X
	Price To Sales	1.52 X
	Revenue	382.52 M
	Gross Profit	132.54 M
	EBITDA	103.94 M
	Net Income	33.11 M
	Cash And Equivalents	1.17 M
	Cash Per Share	0.06 X
	Total Debt	604.63 M
	Debt To Equity	4.59 %
	Current Ratio	0.73 X
	Book Value Per Share	13.02 X
	Cash Flow From Operations	75.59 M
	Short Ratio	1.34 X
	Earnings Per Share	2.23 X
	Price To Earnings To Growth	0.91 X
	Target Price	47.75
	Number Of Employees	1.25 K
	Beta	0.91
	Market Capitalization	617.3 M
	Total Asset	1.27 B
	Retained Earnings	210.26 M
	Working Capital	(9.35 M)
	Current Asset	33.76 M
	Current Liabilities	37.22 M
	Annual Yield	0.01 %
	Five Year Return	1.22 %
	Net Asset	1.27 B
	Last Dividend Paid	0.45

About Carriage Services Fundamental Analysis

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

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

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Carriage Services Stock Z Score

Carriage Services 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 )

Carriage Z Score Driver Correlations

Carriage Services ESG Sustainability

Carriage Services Institutional Holders

Carriage Fundamentals

About Carriage Services Fundamental Analysis

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for Carriage Stock Analysis

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