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CrowdStrike Holdings Altman Z-Score

: 10.64 (As of Today)
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Good Sign:

Altman Z-score of 10.48 is strong.

CrowdStrike Holdings has a Altman Z-Score of 10.64, indicating it is in Safe Zones. This implies the Altman Z-Score is strong.

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 CrowdStrike Holdings's Altman Z-Score or its related term are showing as below:

CRWD' s Altman Z-Score Range Over the Past 10 Years
Min: 9.98   Med: 15.05   Max: 27.09
Current: 10.48

During the past 6 years, CrowdStrike Holdings's highest Altman Z-Score was 27.09. The lowest was 9.98. And the median was 15.05.


CrowdStrike Holdings Altman Z-Score Historical Data

The historical data trend for CrowdStrike Holdings'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.

* Premium members only.

CrowdStrike Holdings Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22
Altman Z-Score
Premium Member Only - - 11.74 16.04 9.98

CrowdStrike Holdings Quarterly Data
Jan17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22
Altman Z-Score Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.21 15.89 16.84 9.98 10.52

Competitive Comparison

For the Software - Infrastructure subindustry, CrowdStrike Holdings'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.

   

CrowdStrike Holdings Altman Z-Score Distribution

For the Software industry and Technology sector, CrowdStrike Holdings's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where CrowdStrike Holdings's Altman Z-Score falls into.



CrowdStrike Holdings Altman Z-Score Calculation

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.

CrowdStrike Holdings'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*0.3222+1.4*-0.2598+3.3*-0.0336+0.6*17.1721+1.0*0.4267
=10.64

* 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 Apr. 2022:
Total Assets was $3,836 Mil.
Total Current Assets was $2,733 Mil.
Total Current Liabilities was $1,497 Mil.
Retained Earnings was $-996 Mil.
Pre-Tax Income was -26.969 + -28.157 + -45.977 + -53.08 = $-154 Mil.
Interest Expense was -6.298 + -6.302 + -6.403 + -6.296 = $-25 Mil.
Revenue was 487.834 + 431.01 + 380.051 + 337.69 = $1,637 Mil.
Market Cap (Today) was $46,688 Mil.
Total Liabilities was $2,719 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
=(2733.058 - 1497.103)/3835.835
=0.3222

X2=Retained Earnings/Total Assets
=-996.441/3835.835
=-0.2598

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-154.183 - -25.299)/3835.835
=-0.0336

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=46688.178/2718.838
=17.1721

X5=Revenue/Total Assets
=1636.585/3835.835
=0.4267

The zones of discrimination were as such:

Distress Zones - 1.81 < Grey Zones < 2.99 - Safe Zones

CrowdStrike Holdings has a Altman Z-Score of 10.64 indicating it is in Safe Zones.

Study by Altman found that companies that are in Distress Zone have more than 80% of chances of bankruptcy in two years.


CrowdStrike Holdings  (NAS:CRWD) Altman Z-Score Explanation

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.


Be Aware

Altman Z-Score does not apply to financial companies.


CrowdStrike Holdings Altman Z-Score Related Terms

Thank you for viewing the detailed overview of CrowdStrike Holdings's Altman Z-Score provided by GuruFocus.com. Please click on the following links to see related term pages.


CrowdStrike Holdings Business Description

CrowdStrike Holdings logo
Traded in Other Exchanges
Address
150 Mathilda Place, Suite 300, Sunnyvale, CA, USA, 94086
CrowdStrike Holdings provides cybersecurity products and services aimed at protecting organizations from cyberthreats. It offers cloud-delivered protection across endpoints, cloud workloads, identity and data, and threat intelligence, managed security services, IT operations management, threat hunting, identity protection, and log management. CrowdStrike went public in 2019 and serves customers worldwide.
Executives
Saha Anurag officer: CHIEF ACCOUNTING OFFICER 206 E. 9TH STREET SUITE 1400 AUSTIN TX 78701
Schumacher Laura J director 1 N. WAUKEGAN ROAD NORTH CHICAGO IL 60064
Carpenter Michael J. officer: PRES., GLBAL SALES & FLD OPS CROWDSTRIKE HOLDINGS, INC. 150 MATHILDA PLACE, SUITE 300 SUNNYVALE CA 94086
Maheshwari Abhishek officer: CHIEF ACCOUNTING OFFICER CROWDSTRIKE HOLDINGS, INC. 150 MATHILDA PLACE, SUITE 300 SUNNYVALE CA 94086
Henry Shawn officer: Please see remarks CROWDSTRIKE HOLDINGS, INC. 150 MATHILDA PLACE, SUITE 300 SUNNYVALE CA 94086
Sexton Joseph E. director CROWDSTRIKE HOLDINGS, INC. 150 MATHILDA PLACE, SUITE 300 SUNNYVALE CA 94086
Alphabet Inc. 10 percent owner 1600 AMPHITHEATRE PARKWAY MOUNTAIN VIEW CA 94043
Black Colin officer: CHIEF OPERATING OFFICER CROWDSTRIKE HOLDINGS, INC. 150 MATHILDA PLACE, SUITE 300 SUNNYVAL CA 94086
Podbere Burt W. officer: CHIEF FINANCIAL OFFICER CROWDSTRIKE HOLDINGS, INC. 150 MATHILDA PLACE, SUITE 300 SUNNYVALE CA 94086
Gandhi Sameer K director, 10 percent owner
Accel London Iii Lp 10 percent owner C/O ACCEL PARTNERS 428 UNIVERSITY AVENUE PALO ALTO CA 94301
Accel London Iii Associates L.l.c. 10 percent owner 428 UNIVERSITY AVENUE PALO ALTO CA 94301
Accel London Iii Associates L.p. 10 percent owner 500 UNIVERSITY AVENUE PALO ALTO CA 94301
Accel London Investors 2012 L.p. 10 percent owner 428 UNIVERSITY AVE PALO ALTO CA 94301
Accel Growth Fund Investors 2013 L.l.c. 10 percent owner 428 UNIVERSITY AVE PALO ALTO CA 94301

CrowdStrike Holdings Headlines

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