Market Cap : 1.99 B | Enterprise Value : 3.24 B | PE Ratio : At Loss | PB Ratio : 1.61 |
---|
NAS:DNUT has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
NAS:DNUT has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Warning Sign:
Altman Z-score of 1.01 is in distress zone. This implies bankruptcy possibility in the next two years.
Krispy Kreme has a Altman Z-Score of 0.96, 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 Krispy Kreme's Altman Z-Score or its related term are showing as below:
During the past 4 years, Krispy Kreme's highest Altman Z-Score was 1.31. The lowest was 1.01. And the median was 1.13.
The historical data trend for Krispy Kreme'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 Grocery Stores subindustry, Krispy Kreme'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 Retail - Defensive industry and Consumer Defensive sector, Krispy Kreme's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Krispy Kreme'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.
Krispy Kreme'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 | * | -0.1145 | + | 1.4 | * | -0.0613 | + | 3.3 | * | 0.0128 | + | 0.6 | * | 1.1091 | + | 1.0 | * | 0.4714 | |
= | 0.96 |
* 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 $3,100 Mil.
Total Current Assets was $163 Mil.
Total Current Liabilities was $517 Mil.
Retained Earnings was $-190 Mil.
Pre-Tax Income was -0.834 + 10.258 + 6.762 + -6.094 = $10 Mil.
Interest Expense was -7.586 + -7.351 + -7.394 + -7.186 = $-30 Mil.
Revenue was 375.245 + 372.532 + 370.597 + 342.799 = $1,461 Mil.
Market Cap (Today) was $1,986 Mil.
Total Liabilities was $1,791 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 | |
= | (162.532 - 517.335) | / | 3099.92 | |
= | -0.1145 |
X2 | = | Retained Earnings | / | Total Assets |
= | -189.97 | / | 3099.92 | |
= | -0.0613 |
X3 | = | Earnings Before Interest and Taxes | / | Total Assets |
= | (Pre-Tax Income - Interest Expense) | / | Total Assets | |
= | (10.092 - -29.517) | / | 3099.92 | |
= | 0.0128 |
X4 | = | Market Value Equity | / | Book Value of Total Liabilities |
= | Market Cap | / | Total Liabilities | |
= | 1986.255 | / | 1790.938 | |
= | 1.1091 |
X5 | = | Revenue | / | Total Assets |
= | 1461.173 | / | 3099.92 | |
= | 0.4714 |
The zones of discrimination were as such:
Distress Zones - 1.81 < Grey Zones < 2.99 - Safe Zones
Krispy Kreme has a Altman Z-Score of 0.96 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 Krispy Kreme's Altman Z-Score provided by GuruFocus.com. Please click on the following links to see related term pages.
Andrada Marissa | director | C/O KATE SPADE & COMPANY 2 PARK AVENUE NEW YORK NY 10016 |
Goudet Olivier | director, other: Chairman of the Board | 350 FIFTH AVENUE NEW YORK NY 10118 |
Weese Michelle | director | BRISTOL MYERS SQUIBB ROUTE 206 & PROVINCE LINE ROAD PRINCETON NJ 08543 |
Bell David Charles | director | C/O KRISPY KREME, INC. 2116 HAWKINS STREET CHARLOTTE NC 28203 |
Jab Indulgence B.v. | 10 percent owner | 14TH FLOOR, 20 EASTBOURNE TERRACE LONDON X0 W2 6LG |
Zandhuis Terri | officer: Chief People Officer | C/O KRISPY KREME, INC. 2116 HAWKINS STREET CHARLOTTE NC 28203 |
Pruitt Joey | officer: Chief Accounting Officer | C/O KRISPY KREME, INC. 2116 HAWKINS STREET CHARLOTTE NC 28203 |
Yeagley Henry | director | C/O KRISPY KREME, INC. 2116 HAWKINS STREET CHARLOTTE NC 28203 |
Capel Patricia | director | C/O KRISPY KREME, INC. 2116 HAWKINS STREET CHARLOTTE NC 28203 |
Kk G.p. | 10 percent owner | 14TH FLOOR, 20 EASTBOURNE TERRACE LONDON X0 W2 6LG |
Tang Catherine | officer: CLO and Corporate Secretary | C/O KRISPY KREME, INC. 2116 HAWKINS STREET CHARLOTTE NC 28203 |
Charlesworth Josh | officer: COO and CFO | C/O KRISPY KREME, INC. 2116 HAWKINS STREET CHARLOTTE NC 28203 |
Spanjers Matthew | officer: Chief Growth Officer | C/O KRISPY KREME, INC. 2116 HAWKINS STREET CHARLOTTE NC 28203 |
Skena David | officer: Chief Marketing Officer | 150 WEST CHURCH AVENUE MARYVILLE TN 37801 |
Lee Carl E Jr | director | 13515 BALLANTYNE CORPORATE PLACE CHARLOTTE NC 28277 |
Other Sources
By Seekingalpha 2021-06-30
By tipranks.com 2022-03-17
By Fool 2022-02-22
By Seekingalpha 2021-08-03
By Fool 2021-07-17
By Seekingalpha 2021-07-06
By tipranks.com 2022-03-05
By Seekingalpha 2022-02-27
By Seekingalpha 2022-02-25
By Seekingalpha 2021-11-18
By Fool 2021-12-28