L3harris Technologies Stock Z Score

LHX Stock

USD 212.98 1.92 0.91%

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 L3Harris Technologies Piotroski F Score and L3Harris Technologies Valuation analysis.

For more information on how to buy L3Harris Stock please use our How to Invest in L3Harris Technologies guide.

At this time, L3Harris Technologies' Capital Surpluse is fairly stable compared to the past year. Capital Lease Obligations is likely to rise to about 894.8 M in 2025, whereas Net Invested Capital is likely to drop slightly above 22.6 B in 2025. At this time, L3Harris Technologies' Income Before Tax is fairly stable compared to the past year. Net Income is likely to rise to about 1.6 B in 2025, despite the fact that Total Other Income Expense Net is likely to grow to (304.9 M).

L3Harris Technologies Company Z Score Analysis

L3Harris Technologies' 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 )

L3Harris Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for L3Harris Technologies is extremely important. It helps to project a fair market value of L3Harris Stock properly, considering its historical fundamentals such as Z Score. Since L3Harris Technologies' 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 L3Harris Technologies' 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 L3Harris Technologies' interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock	Good Will	Current Deferred Revenue	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Property Plant Equipment	Long Term Debt	Short Long Term Debt	Net Invested Capital	Cash And Equivalents	Net Working Capital	Capital Stock
Total Assets		0.98	0.51	0.91	0.68	0.97	0.99	0.63	0.99	0.96	0.86	1.0	0.96	-0.77	0.87	0.88	0.15	0.87	0.62	0.59	0.85	0.8	0.55	0.86
Total Stockholder Equity	0.98		0.51	0.86	0.73	0.91	0.96	0.5	0.99	0.93	0.88	0.99	0.91	-0.7	0.79	0.85	0.22	0.81	0.54	0.5	0.81	0.8	0.62	0.83
Net Debt	0.51	0.51		0.32	0.8	0.49	0.47	0.46	0.56	0.5	0.59	0.53	0.36	-0.59	0.4	0.37	0.11	0.33	0.31	0.54	0.46	0.41	0.22	0.32
Retained Earnings	0.91	0.86	0.32		0.45	0.92	0.95	0.69	0.87	0.96	0.74	0.9	0.96	-0.65	0.88	0.9	-0.01	0.95	0.71	0.6	0.87	0.74	0.46	0.89
Net Receivables	0.68	0.73	0.8	0.45		0.59	0.61	0.25	0.75	0.58	0.71	0.7	0.51	-0.54	0.45	0.51	0.36	0.42	0.35	0.31	0.56	0.58	0.55	0.49
Total Liab	0.97	0.91	0.49	0.92	0.59		0.97	0.74	0.94	0.95	0.8	0.96	0.97	-0.8	0.91	0.88	0.07	0.9	0.68	0.68	0.84	0.75	0.44	0.85
Total Current Assets	0.99	0.96	0.47	0.95	0.61	0.97		0.67	0.97	0.98	0.83	0.98	0.98	-0.72	0.89	0.91	0.12	0.91	0.69	0.61	0.88	0.81	0.52	0.89
Short Term Debt	0.63	0.5	0.46	0.69	0.25	0.74	0.67		0.59	0.7	0.42	0.59	0.73	-0.49	0.61	0.57	-0.24	0.66	0.67	0.95	0.62	0.4	-0.13	0.54
Intangible Assets	0.99	0.99	0.56	0.87	0.75	0.94	0.97	0.59		0.93	0.87	0.99	0.93	-0.73	0.81	0.85	0.21	0.82	0.59	0.57	0.82	0.8	0.56	0.82
Accounts Payable	0.96	0.93	0.5	0.96	0.58	0.95	0.98	0.7	0.93		0.8	0.95	0.97	-0.76	0.91	0.93	0.04	0.95	0.71	0.64	0.91	0.8	0.51	0.91
Common Stock	0.86	0.88	0.59	0.74	0.71	0.8	0.83	0.42	0.87	0.8		0.88	0.75	-0.7	0.7	0.7	0.22	0.66	0.49	0.47	0.72	0.75	0.54	0.7
Good Will	1.0	0.99	0.53	0.9	0.7	0.96	0.98	0.59	0.99	0.95	0.88		0.94	-0.78	0.86	0.87	0.16	0.86	0.57	0.57	0.83	0.79	0.58	0.84
Current Deferred Revenue	0.96	0.91	0.36	0.96	0.51	0.97	0.98	0.73	0.93	0.97	0.75	0.94		-0.68	0.88	0.9	0.03	0.93	0.73	0.66	0.87	0.76	0.43	0.89
Net Tangible Assets	-0.77	-0.7	-0.59	-0.65	-0.54	-0.8	-0.72	-0.49	-0.73	-0.76	-0.7	-0.78	-0.68		-0.88	-0.76	-0.19	-0.75	-0.45	-0.44	-0.71	-0.67	-0.56	-0.71
Long Term Debt Total	0.87	0.79	0.4	0.88	0.45	0.91	0.89	0.61	0.81	0.91	0.7	0.86	0.88	-0.88		0.94	0.15	0.95	0.69	0.48	0.89	0.8	0.59	0.91
Capital Surpluse	0.88	0.85	0.37	0.9	0.51	0.88	0.91	0.57	0.85	0.93	0.7	0.87	0.9	-0.76	0.94		0.29	0.96	0.76	0.45	0.97	0.92	0.7	0.99
Deferred Long Term Liab	0.15	0.22	0.11	-0.01	0.36	0.07	0.12	-0.24	0.21	0.04	0.22	0.16	0.03	-0.19	0.15	0.29		0.04	0.08	-0.31	0.25	0.5	0.69	0.31
Property Plant Equipment	0.87	0.81	0.33	0.95	0.42	0.9	0.91	0.66	0.82	0.95	0.66	0.86	0.93	-0.75	0.95	0.96	0.04		0.78	0.54	0.93	0.81	0.54	0.95
Long Term Debt	0.62	0.54	0.31	0.71	0.35	0.68	0.69	0.67	0.59	0.71	0.49	0.57	0.73	-0.45	0.69	0.76	0.08	0.78		0.61	0.87	0.76	0.25	0.8
Short Long Term Debt	0.59	0.5	0.54	0.6	0.31	0.68	0.61	0.95	0.57	0.64	0.47	0.57	0.66	-0.44	0.48	0.45	-0.31	0.54	0.61		0.55	0.34	-0.22	0.43
Net Invested Capital	0.85	0.81	0.46	0.87	0.56	0.84	0.88	0.62	0.82	0.91	0.72	0.83	0.87	-0.71	0.89	0.97	0.25	0.93	0.87	0.55		0.93	0.61	0.98
Cash And Equivalents	0.8	0.8	0.41	0.74	0.58	0.75	0.81	0.4	0.8	0.8	0.75	0.79	0.76	-0.67	0.8	0.92	0.5	0.81	0.76	0.34	0.93		0.75	0.94
Net Working Capital	0.55	0.62	0.22	0.46	0.55	0.44	0.52	-0.13	0.56	0.51	0.54	0.58	0.43	-0.56	0.59	0.7	0.69	0.54	0.25	-0.22	0.61	0.75		0.69
Capital Stock	0.86	0.83	0.32	0.89	0.49	0.85	0.89	0.54	0.82	0.91	0.7	0.84	0.89	-0.71	0.91	0.99	0.31	0.95	0.8	0.43	0.98	0.94	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 L3Harris Technologies

Based on the company's disclosures, L3Harris Technologies has a Z Score of 0.0. This is 100.0% lower than that of the Aerospace & Defense sector and 100.0% lower than that of the Industrials industry. The z score for all United States stocks is 100.0% higher than that of the company.

L3Harris Technologies 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, L3Harris Technologies' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to L3Harris Technologies' managers, analysts, and investors.

Environmental

Governance

Social

L3Harris Technologies Institutional Holders

Institutional Holdings refers to the ownership stake in L3Harris Technologies that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of L3Harris Technologies' 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 L3Harris Technologies' value.

		Shares
Amvescap Plc.	2024-12-31	2.2 M
Allspring Global Investments Holdings, Llc	2024-12-31	2 M
Clearbridge Advisors, Llc	2024-12-31	2 M
Bank Of America Corp	2024-12-31	1.8 M
Northern Trust Corp	2024-12-31	1.6 M
Diamond Hill Capital Management Inc	2024-12-31	1.5 M
Goldman Sachs Group Inc	2024-12-31	1.4 M
Dimensional Fund Advisors, Inc.	2024-12-31	1.4 M
Massachusetts Financial Services Company	2024-12-31	1.4 M
Vanguard Group Inc	2024-12-31	23.3 M
Blackrock Inc	2024-12-31	17.6 M

L3Harris Fundamentals

	Return On Equity	0.0787
	Return On Asset	0.0394
	Profit Margin	0.07 %
	Operating Margin	0.22 %
	Current Valuation	51.24 B
	Shares Outstanding	187.72 M
	Shares Owned By Insiders	0.33 %
	Shares Owned By Institutions	88.52 %
	Number Of Shares Shorted	3.12 M
	Price To Earning	39.56 X
	Price To Book	2.03 X
	Price To Sales	1.86 X
	Revenue	21.32 B
	Gross Profit	5.52 B
	EBITDA	3.56 B
	Net Income	1.51 B
	Cash And Equivalents	941 M
	Cash Per Share	2.78 X
	Total Debt	1.16 B
	Debt To Equity	0.42 %
	Current Ratio	1.10 X
	Book Value Per Share	102.82 X
	Cash Flow From Operations	2.56 B
	Short Ratio	2.10 X
	Earnings Per Share	7.87 X
	Price To Earnings To Growth	0.31 X
	Target Price	257.58
	Number Of Employees	47 K
	Beta	0.74
	Market Capitalization	39.62 B
	Total Asset	42 B
	Retained Earnings	3.74 B
	Working Capital	585 M
	Current Asset	2.33 B
	Current Liabilities	1.46 B
	Annual Yield	0.02 %
	Five Year Return	1.65 %
	Net Asset	42 B
	Last Dividend Paid	4.64

About L3Harris Technologies Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze L3Harris Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of L3Harris Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of L3Harris Technologies 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 L3Harris Stock Analysis

When running L3Harris Technologies' price analysis, check to measure L3Harris Technologies' 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 L3Harris Technologies is operating at the current time. Most of L3Harris Technologies' value examination focuses on studying past and present price action to predict the probability of L3Harris Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move L3Harris Technologies' price. Additionally, you may evaluate how the addition of L3Harris Technologies to your portfolios can decrease your overall portfolio volatility.

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L3harris Technologies Stock Z Score

L3Harris Technologies 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 )

L3Harris Z Score Driver Correlations

L3Harris Technologies ESG Sustainability

L3Harris Technologies Institutional Holders

L3Harris Fundamentals

About L3Harris Technologies Fundamental Analysis

Also Currently Popular

Additional Tools for L3Harris Stock Analysis

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