Market Cap : 37.49 B | Enterprise Value : 65.03 B | PE Ratio : At Loss | PB Ratio : |
---|
AMEX:LNG has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
AMEX:LNG has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Warning Sign:
Altman Z-score of 0.79 is in distress zone. This implies bankruptcy possibility in the next two years.
Cheniere Energy has a Altman Z-Score of 0.79, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
The zones of discrimination were as such:
When Altman Z-Score <= 1.8, it is in Distress Zones.
When Altman Z-Score >= 3, it is in Safe Zones.
When Altman Z-Score is between 1.8 and 3, it is in Grey Zones.
The historical rank and industry rank for Cheniere Energy's Altman Z-Score or its related term are showing as below:
During the past 13 years, Cheniere Energy's highest Altman Z-Score was 64.80. The lowest was -0.65. And the median was 0.66.
The historical data trend for Cheniere Energy's Altman Z-Score can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Oil & Gas Midstream subindustry, Cheniere Energy's Altman Z-Score, along with its competitors' market caps and Altman Z-Score data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
For the Oil & Gas industry and Energy sector, Cheniere Energy's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Cheniere Energy's Altman Z-Score falls into.
Altman Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
Cheniere Energy's Altman Z-Score for today is calculated with this formula:
Z | = | 1.2 | * | X1 | + | 1.4 | * | X2 | + | 3.3 | * | X3 | + | 0.6 | * | X4 | + | 1.0 | * | X5 |
= | 1.2 | * | -0.0332 | + | 1.4 | * | -0.1528 | + | 3.3 | * | -0.0284 | + | 0.6 | * | 0.882 | + | 1.0 | * | 0.6111 | |
= | 0.79 |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency. GuruFocus does not calculate Altman Z-Score when X4 or X5 value is 0.
Trailing Twelve Months (TTM) ended in Jun. 2022:
Total Assets was $41,313 Mil.
Total Current Assets was $6,186 Mil.
Total Current Liabilities was $7,556 Mil.
Retained Earnings was $-6,311 Mil.
Pre-Tax Income was 1094 + -972 + 62 + -2776 = $-2,592 Mil.
Interest Expense was -357 + -349 + -350 + -364 = $-1,420 Mil.
Revenue was 8007 + 7484 + 6557 + 3200 = $25,248 Mil.
Market Cap (Today) was $37,492 Mil.
Total Liabilities was $42,508 Mil.
* Note that for stock reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data.
X1 | = | Working Capital | / | Total Assets |
= | (Total Current Assets - Total Current Liabilities) | / | Total Assets | |
= | (6186 - 7556) | / | 41313 | |
= | -0.0332 |
X2 | = | Retained Earnings | / | Total Assets |
= | -6311 | / | 41313 | |
= | -0.1528 |
X3 | = | Earnings Before Interest and Taxes | / | Total Assets |
= | (Pre-Tax Income - Interest Expense) | / | Total Assets | |
= | (-2592 - -1420) | / | 41313 | |
= | -0.0284 |
X4 | = | Market Value Equity | / | Book Value of Total Liabilities |
= | Market Cap | / | Total Liabilities | |
= | 37492.390 | / | 42508 | |
= | 0.882 |
X5 | = | Revenue | / | Total Assets |
= | 25248 | / | 41313 | |
= | 0.6111 |
The zones of discrimination were as such:
Distress Zones - 1.81 < Grey Zones < 2.99 - Safe Zones
Cheniere Energy has a Altman Z-Score of 0.79 indicating it is in Distress Zones.
Study by Altman found that companies that are in Distress Zone have more than 80% of chances of bankruptcy in two years.
X1: The Working Capital/Total Assets (WC/TA) ratio is a measure of the net liquid assets of the firm relative to the total capitalization. Working capital is defined as the difference between current assets and current liabilities. Ordinarily, a firm experiencing consistent operating losses will have shrinking current assets in relation to total assets. Altman found this one proved to be the most valuable liquidity ratio comparing with the current ratio and the quick ratio. This is however the least significant of the five factors.
X2: Retained Earnings/Total Assets: the RE/TA ratio measures the leverage of a firm. Retained earnings is the account which reports the total amount of reinvested earnings and/or losses of a firm over its entire life. Those firms with high RE, relative to TA, have financed their assets through retention of profits and have not utilized as much debt.
X3, Earnings Before Interest and Taxes/Total Assets (EBIT/TA): This ratio is a measure of the true productivity of the firm's assets, independent of any tax or leverage factors. Since a firm's ultimate existence is based on the earning power of its assets, this ratio appears to be particularly appropriate for studies dealing with corporate failure. This ratio continually outperforms other profitability measures, including cash flow.
X4, Market Value of Equity/Book Value of Total Liabilities (MVE/TL): The measure shows how much the firm's assets can decline in value (measured by market value of equity plus debt) before the liabilities exceed the assets and the firm becomes insolvent.
X5, Revenue/Total Assets (S/TA): The capital-turnover ratio is a standard financial ratio illustrating the sales generating ability of the firm's assets.
Read more about Altman Z-Score and the original research.
Altman Z-Score does not apply to financial companies.
Thank you for viewing the detailed overview of Cheniere Energy's Altman Z-Score provided by GuruFocus.com. Please click on the following links to see related term pages.
Peak Scott Bennett | director | 1200 SMITH STREET HOUSTON TX 77002 |
Slack David L | officer: VP & Chief Accounting Officer | 700 MILAM STREET SUITE 1900 HOUSTON TX 77002 |
Collawn Patricia K | director | 414 SILVER AVE SW MS 1275 ALBUQUERQUE NM 87102-3289 |
Mitchelmore Lorraine | director | 700 MILAM STREET SUITE 1900 HOUSTON TX 77002 |
Teno Andrew | director | C/O FIR TREE INC. 55 WEST 46TH STREET, 29TH FLOOR NEW YORK NY 10036 |
Klimczak Sean | director | C/O THE BLACKSTONE GROUP 345 PARK AVE. NEW YORK NY 10154 |
Davis Zach | officer: SVP & CFO | 700 MILAM STREET SUITE 1900 HOUSTON TX 77008 |
Stephenson Aaron D. | officer: SVP, Operations | 700 MILAM STREET SUITE 1900 HOUSTON TX 77002 |
Evans Michele A | director | LOCKHEED MARTIN CORPORATION 6801 ROCKLEDGE DRIVE BETHESDA MD 20817 |
Mather Courtney | director | C/O ICAHN ENTERPRISES L.P. 16690 COLLINS AVE., PH SUNNY ISLES FL 33160 |
Lipinski John J | director | C/O CVR ENERGY, INC. 2277 PLAZA DRIVE, SUITE 500 SUGAR LAND TX 77479 |
Langham Andrew | director | C/O ICAHN ENTERPRISES L.P. 16690 COLLINS AVE., PH SUNNY ISLES FL 33160 |
Lehotsky Ed | officer: SVP, Engineer and Construction | 700 MILAM STREET SUITE 1900 HOUSTON TX 77002 |
Shanda Doug | officer: SVP, Operations | 700 MILAM STREET SUITE 1900 HOUSTON TX 77002 |
Markowitz Sean N | officer: Interim GC & Corp Sec | 700 MILAM STREET SUITE 1900 HOUSTON TX 77002 |
From GuruFocus
Other Sources
By Zacks 2022-01-14
By tipranks.com 2022-03-13
By Zacks 2022-03-28
By Zacks 2022-02-16
By Seekingalpha 2022-01-18
By Seekingalpha 2022-02-24
By Fool 2022-01-15
By Zacks 2022-01-25
By Fool 2022-01-08
By Zacks 2022-02-17
By Zacks 2022-01-06
By Zacks 2022-03-16