Lkq Corporation Stock Z Score

LKQ Stock

USD 37.98 0.39 1.02%

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 LKQ Piotroski F Score and LKQ Valuation analysis.

At this time, LKQ's Net Working Capital is relatively stable compared to the past year. As of 12/14/2024, Change In Working Capital is likely to grow to about 80.8 M, while Capital Stock is likely to drop slightly above 2.5 M. At this time, LKQ's Total Operating Expenses is relatively stable compared to the past year. As of 12/14/2024, Income Before Tax is likely to grow to about 1.3 B, though Total Other Income Expense Net is likely to grow to (115.9 M).

LKQ Corporation Company Z Score Analysis

LKQ'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 )

LKQ Z Score Driver Correlations

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

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Long Term Debt	Good Will	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Current Deferred Revenue	Net Receivables	Short Term Debt	Short Term Investments	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Short Long Term Debt	Long Term Investments	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.99	0.99	0.95	0.96	0.9	0.98	1.0	0.98	0.59	0.57	0.81	0.94	0.97	0.84	0.89	0.66	0.86	0.91	0.9	0.63	0.83	0.82	-0.64	-0.57
Total Stockholder Equity	0.99		0.96	0.95	0.95	0.87	0.97	0.97	0.97	0.55	0.62	0.84	0.92	0.96	0.8	0.88	0.61	0.85	0.91	0.89	0.55	0.81	0.77	-0.65	-0.53
Net Debt	0.99	0.96		0.91	0.94	0.93	0.97	1.0	0.97	0.61	0.53	0.77	0.94	0.96	0.84	0.88	0.69	0.86	0.88	0.9	0.68	0.84	0.85	-0.6	-0.58
Retained Earnings	0.95	0.95	0.91		0.99	0.76	0.95	0.94	0.89	0.56	0.44	0.8	0.86	0.86	0.89	0.89	0.58	0.75	0.89	0.8	0.63	0.73	0.8	-0.81	-0.7
Accounts Payable	0.96	0.95	0.94	0.99		0.81	0.97	0.96	0.92	0.61	0.44	0.78	0.89	0.89	0.89	0.88	0.6	0.77	0.88	0.81	0.7	0.76	0.84	-0.77	-0.73
Long Term Debt	0.9	0.87	0.93	0.76	0.81		0.88	0.92	0.96	0.54	0.62	0.66	0.88	0.96	0.61	0.71	0.68	0.89	0.78	0.89	0.54	0.89	0.71	-0.32	-0.41
Good Will	0.98	0.97	0.97	0.95	0.97	0.88		0.98	0.95	0.62	0.52	0.78	0.96	0.94	0.87	0.87	0.59	0.78	0.84	0.83	0.69	0.79	0.83	-0.66	-0.67
Total Liab	1.0	0.97	1.0	0.94	0.96	0.92	0.98		0.98	0.61	0.53	0.79	0.94	0.96	0.85	0.89	0.68	0.86	0.9	0.9	0.67	0.84	0.85	-0.63	-0.6
Total Current Assets	0.98	0.97	0.97	0.89	0.92	0.96	0.95	0.98		0.54	0.64	0.78	0.91	0.99	0.73	0.82	0.68	0.91	0.88	0.93	0.55	0.87	0.75	-0.5	-0.48
Intangible Assets	0.59	0.55	0.61	0.56	0.61	0.54	0.62	0.61	0.54		0.01	0.41	0.61	0.52	0.61	0.56	0.51	0.43	0.47	0.44	0.59	0.49	0.64	-0.46	-0.53
Common Stock	0.57	0.62	0.53	0.44	0.44	0.62	0.52	0.53	0.64	0.01		0.51	0.52	0.66	0.23	0.32	0.28	0.65	0.58	0.65	0.08	0.45	0.28	-0.15	0.01
Property Plant Equipment	0.81	0.84	0.77	0.8	0.78	0.66	0.78	0.79	0.78	0.41	0.51		0.77	0.78	0.61	0.77	0.25	0.73	0.78	0.75	0.3	0.71	0.61	-0.53	-0.28
Current Deferred Revenue	0.94	0.92	0.94	0.86	0.89	0.88	0.96	0.94	0.91	0.61	0.52	0.77		0.91	0.83	0.84	0.55	0.77	0.83	0.82	0.7	0.76	0.88	-0.59	-0.6
Net Receivables	0.97	0.96	0.96	0.86	0.89	0.96	0.94	0.96	0.99	0.52	0.66	0.78	0.91		0.69	0.8	0.67	0.91	0.87	0.94	0.51	0.89	0.72	-0.47	-0.42
Short Term Debt	0.84	0.8	0.84	0.89	0.89	0.61	0.87	0.85	0.73	0.61	0.23	0.61	0.83	0.69		0.82	0.51	0.52	0.75	0.61	0.87	0.53	0.89	-0.87	-0.84
Short Term Investments	0.89	0.88	0.88	0.89	0.88	0.71	0.87	0.89	0.82	0.56	0.32	0.77	0.84	0.8	0.82		0.61	0.75	0.9	0.82	0.57	0.66	0.87	-0.63	-0.54
Net Tangible Assets	0.66	0.61	0.69	0.58	0.6	0.68	0.59	0.68	0.68	0.51	0.28	0.25	0.55	0.67	0.51	0.61		0.74	0.7	0.71	0.42	0.66	0.58	-0.34	-0.3
Long Term Debt Total	0.86	0.85	0.86	0.75	0.77	0.89	0.78	0.86	0.91	0.43	0.65	0.73	0.77	0.91	0.52	0.75	0.74		0.9	0.97	0.3	0.89	0.64	-0.37	-0.19
Capital Surpluse	0.91	0.91	0.88	0.89	0.88	0.78	0.84	0.9	0.88	0.47	0.58	0.78	0.83	0.87	0.75	0.9	0.7	0.9		0.93	0.49	0.73	0.82	-0.64	-0.43
Deferred Long Term Liab	0.9	0.89	0.9	0.8	0.81	0.89	0.83	0.9	0.93	0.44	0.65	0.75	0.82	0.94	0.61	0.82	0.71	0.97	0.93		0.39	0.85	0.71	-0.41	-0.26
Short Long Term Debt	0.63	0.55	0.68	0.63	0.7	0.54	0.69	0.67	0.55	0.59	0.08	0.3	0.7	0.51	0.87	0.57	0.42	0.3	0.49	0.39		0.35	0.84	-0.63	-0.88
Long Term Investments	0.83	0.81	0.84	0.73	0.76	0.89	0.79	0.84	0.87	0.49	0.45	0.71	0.76	0.89	0.53	0.66	0.66	0.89	0.73	0.85	0.35		0.56	-0.36	-0.29
Net Invested Capital	0.82	0.77	0.85	0.8	0.84	0.71	0.83	0.85	0.75	0.64	0.28	0.61	0.88	0.72	0.89	0.87	0.58	0.64	0.82	0.71	0.84	0.56		-0.65	-0.71
Net Working Capital	-0.64	-0.65	-0.6	-0.81	-0.77	-0.32	-0.66	-0.63	-0.5	-0.46	-0.15	-0.53	-0.59	-0.47	-0.87	-0.63	-0.34	-0.37	-0.64	-0.41	-0.63	-0.36	-0.65		0.77
Capital Stock	-0.57	-0.53	-0.58	-0.7	-0.73	-0.41	-0.67	-0.6	-0.48	-0.53	0.01	-0.28	-0.6	-0.42	-0.84	-0.54	-0.3	-0.19	-0.43	-0.26	-0.88	-0.29	-0.71	0.77

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 LKQ

Based on the company's disclosures, LKQ Corporation has a Z Score of 0.0. This is 100.0% lower than that of the Distributors 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.

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

Environmental

Governance

Social

LKQ Institutional Holders

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

		Shares
Amvescap Plc.	2024-09-30	4.4 M
Dimensional Fund Advisors, Inc.	2024-09-30	4.2 M
Cooke & Bieler Lp	2024-09-30	4 M
River Road Asset Management, Llc	2024-09-30	3.6 M
Norges Bank	2024-06-30	3.4 M
Legal & General Group Plc	2024-09-30	2.5 M
Charles Schwab Investment Management Inc	2024-09-30	2.5 M
Bank Of America Corp	2024-09-30	2.5 M
Northern Trust Corp	2024-09-30	2.5 M
Vanguard Group Inc	2024-09-30	31.7 M
Blackrock Inc	2024-06-30	26.5 M

LKQ Fundamentals

	Return On Equity	0.12
	Return On Asset	0.0544
	Profit Margin	0.05 %
	Operating Margin	0.09 %
	Current Valuation	15.29 B
	Shares Outstanding	259.96 M
	Shares Owned By Insiders	0.52 %
	Shares Owned By Institutions	99.48 %
	Number Of Shares Shorted	4.07 M
	Price To Earning	12.67 X
	Price To Book	1.58 X
	Price To Sales	0.69 X
	Revenue	13.87 B
	Gross Profit	5.22 B
	EBITDA	1.74 B
	Net Income	938 M
	Cash And Equivalents	269 M
	Cash Per Share	1.01 X
	Total Debt	5.64 B
	Debt To Equity	0.69 %
	Current Ratio	1.79 X
	Book Value Per Share	23.87 X
	Cash Flow From Operations	1.36 B
	Short Ratio	1.82 X
	Earnings Per Share	2.71 X
	Price To Earnings To Growth	2.28 X
	Target Price	52.14
	Number Of Employees	49 K
	Beta	1.29
	Market Capitalization	9.94 B
	Total Asset	15.08 B
	Retained Earnings	7.29 B
	Working Capital	1.55 B
	Current Asset	2.34 B
	Current Liabilities	751.97 M
	Annual Yield	0.03 %
	Net Asset	15.08 B
	Last Dividend Paid	1.2

About LKQ Fundamental Analysis

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

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 LKQ 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 LKQ will appreciate offsetting losses from the drop in the long position's value.

Moving against LKQ Stock

0.35

TLF

Tandy Leather Factory

Pair Corr

The ability to find closely correlated positions to LKQ could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LKQ 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 LKQ - 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 LKQ Corporation to buy it.

The correlation of LKQ 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 LKQ moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LKQ Corporation 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 LKQ 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 Correlation Correlation Matching

Additional Tools for LKQ Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Lkq Corporation Stock Z Score

LKQ Corporation 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 )

LKQ Z Score Driver Correlations

LKQ ESG Sustainability

LKQ Institutional Holders

LKQ Fundamentals

About LKQ Fundamental Analysis

Pair Trading with LKQ

Moving against LKQ Stock

Additional Tools for LKQ Stock Analysis

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