Clear Secure Stock Z Score

YOU Stock  USD 27.38  0.41  1.48%   
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 Clear Secure Piotroski F Score and Clear Secure Valuation analysis.
For more information on how to buy Clear Stock please use our How to Invest in Clear Secure guide.
  
At this time, Clear Secure's Net Working Capital is comparatively stable compared to the past year. Capital Expenditures is likely to gain to about 26.1 M in 2024, whereas Capital Surpluse is likely to drop slightly above 389.5 M in 2024. At this time, Clear Secure's Total Other Income Expense Net is comparatively stable compared to the past year. Net Income is likely to gain to about 29.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 193.4 M in 2024.

Clear Secure Company Z Score Analysis

Clear Secure'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 )

Clear Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Clear Secure is extremely important. It helps to project a fair market value of Clear Stock properly, considering its historical fundamentals such as Z Score. Since Clear Secure'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 Clear Secure'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 Clear Secure's interrelated accounts and indicators.
0.920.960.950.750.890.760.220.990.940.920.611.0-0.97-0.660.88-0.930.97-0.970.95-0.710.86
0.920.930.780.520.950.510.440.860.761.00.40.94-0.95-0.390.98-0.930.93-0.950.77-0.510.63
0.960.930.90.720.950.740.230.930.880.930.70.97-0.99-0.620.89-0.930.94-0.990.87-0.710.82
0.950.780.90.830.790.85-0.030.971.00.780.740.94-0.88-0.760.7-0.80.87-0.880.96-0.820.97
0.750.520.720.830.490.71-0.410.830.860.520.740.71-0.67-0.990.44-0.550.65-0.670.83-0.970.91
0.890.950.950.790.490.60.380.810.760.950.570.91-0.96-0.360.91-0.890.88-0.960.73-0.520.67
0.760.510.740.850.710.60.020.780.840.510.860.76-0.73-0.70.5-0.710.74-0.730.87-0.650.85
0.220.440.23-0.03-0.410.380.020.1-0.080.44-0.280.28-0.320.490.59-0.520.41-0.320.090.5-0.26
0.990.860.930.970.830.810.780.10.970.860.620.97-0.92-0.750.81-0.880.94-0.920.98-0.790.91
0.940.760.881.00.860.760.84-0.080.970.760.720.92-0.86-0.80.68-0.780.85-0.860.97-0.850.98
0.921.00.930.780.520.950.510.440.860.760.40.94-0.95-0.390.98-0.930.93-0.950.77-0.510.63
0.610.40.70.740.740.570.86-0.280.620.720.40.6-0.64-0.730.32-0.50.53-0.640.66-0.770.82
1.00.940.970.940.710.910.760.280.970.920.940.6-0.98-0.60.91-0.950.98-0.980.94-0.670.83
-0.97-0.95-0.99-0.88-0.67-0.96-0.73-0.32-0.92-0.86-0.95-0.64-0.980.57-0.930.96-0.971.0-0.870.65-0.78
-0.66-0.39-0.62-0.76-0.99-0.36-0.70.49-0.75-0.8-0.39-0.73-0.60.57-0.310.45-0.550.57-0.770.95-0.87
0.880.980.890.70.440.910.50.590.810.680.980.320.91-0.93-0.31-0.960.94-0.930.74-0.390.53
-0.93-0.93-0.93-0.8-0.55-0.89-0.71-0.52-0.88-0.78-0.93-0.5-0.950.960.45-0.96-0.990.96-0.860.47-0.66
0.970.930.940.870.650.880.740.410.940.850.930.530.98-0.97-0.550.94-0.99-0.970.92-0.570.74
-0.97-0.95-0.99-0.88-0.67-0.96-0.73-0.32-0.92-0.86-0.95-0.64-0.981.00.57-0.930.96-0.97-0.870.65-0.78
0.950.770.870.960.830.730.870.090.980.970.770.660.94-0.87-0.770.74-0.860.92-0.87-0.760.91
-0.71-0.51-0.71-0.82-0.97-0.52-0.650.5-0.79-0.85-0.51-0.77-0.670.650.95-0.390.47-0.570.65-0.76-0.92
0.860.630.820.970.910.670.85-0.260.910.980.630.820.83-0.78-0.870.53-0.660.74-0.780.91-0.92
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

As per the company's disclosures, Clear Secure has a Z Score of 0.0. This is 100.0% lower than that of the Software sector and about the same as Information Technology (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.

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

Clear Secure Institutional Holders

Institutional Holdings refers to the ownership stake in Clear Secure that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Clear Secure'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 Clear Secure's value.
Shares
Nuveen Asset Management, Llc2024-09-30
1.8 M
Jpmorgan Chase & Co2024-09-30
1.7 M
Morgan Stanley - Brokerage Accounts2024-09-30
1.6 M
Rice Hall James & Associates, Llc2024-09-30
1.4 M
Durable Capital Partners Lp2024-09-30
1.3 M
Arrowstreet Capital Limited Partnership2024-09-30
1.3 M
Ameriprise Financial Inc2024-09-30
1.3 M
Janney Montgomery Scott Llc2024-09-30
1.2 M
Clearbridge Advisors, Llc2024-09-30
1.1 M
Vanguard Group Inc2024-09-30
12.1 M
Blackrock Inc2024-06-30
9.8 M

Clear Fundamentals

About Clear Secure Fundamental Analysis

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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Clear Stock Analysis

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