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Huron Consulting Group Altman Z-Score

: 2.56 (As of Today)
View and export this data going back to 2004. Start your Free Trial

Warning Sign:

Altman Z-score of 2.56 is in grey area. The implies that the company is in some kind of financial stress. If it is below 1.8, the company may faces bankrupcy risk.

Huron Consulting Group has a Altman Z-Score of 2.56, indicating it is in Grey Zones. This implies that Huron Consulting Group is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.

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 Huron Consulting Group's Altman Z-Score or its related term are showing as below:

NAS:HURN' s Altman Z-Score Range Over the Past 10 Years
Min: 1.38   Med: 2.77   Max: 11.65
Current: 2.56

1.38
11.65

During the past 13 years, Huron Consulting Group's highest Altman Z-Score was 11.65. The lowest was 1.38. And the median was 2.77.


Huron Consulting Group Altman Z-Score Historical Data

The historical data trend for Huron Consulting Group'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.

Huron Consulting Group Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Altman Z-Score
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.69 1.44 2.39 3.21 2.67

Huron Consulting Group Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 Premium Member Only 2.25 2.67 2.77 2.59 2.68

Competitive Comparison

For the Consulting Services subindustry, Huron Consulting Group'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.

   

Huron Consulting Group Altman Z-Score Distribution

For the Business Services industry and Industrials sector, Huron Consulting Group's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Huron Consulting Group's Altman Z-Score falls into.



Huron Consulting Group 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.

Huron Consulting Group'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*0.0733+1.4*0.2342+3.3*0.0341+0.6*2.0186+1.0*0.8251
=2.56

* 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 Sep. 2021:
Total Assets was $1,050.0 Mil.
Total Current Assets was $233.3 Mil.
Total Current Liabilities was $156.4 Mil.
Retained Earnings was $245.9 Mil.
Pre-Tax Income was 15.695 + 16.251 + 6.941 + -10.846 = $28.0 Mil.
Interest Expense was -2.217 + -2.029 + -1.719 + -1.776 = $-7.7 Mil.
Revenue was 227.697 + 233.378 + 205.147 + 200.101 = $866.3 Mil.
Market Cap (Today) was $1,042.8 Mil.
Total Liabilities was $516.6 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
=(233.343 - 156.405)/1049.984
=0.0733

X2=Retained Earnings/Total Assets
=245.938/1049.984
=0.2342

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(28.041 - -7.741)/1049.984
=0.0341

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=1042.839/516.616
=2.0186

X5=Revenue/Total Assets
=866.323/1049.984
=0.8251

The zones of discrimination were as such:

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

Huron Consulting Group has a Altman Z-Score of 2.56 indicating it is in Grey Zones.

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


Huron Consulting Group  (NAS:HURN) 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.


Huron Consulting Group Altman Z-Score Related Terms

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


Huron Consulting Group Business Description

Huron Consulting Group logo
Industry
Industrials » Business Services NAICS : 541611 SIC : 8742
Traded in Other Exchanges
Address
550 West Van Buren Street, Chicago, IL, USA, 60607
Huron Consulting Group Inc is a professional services firm. The company provides expertise in strategy, technology, operations, advisory services, & analytics through three operating segments namely Healthcare, Education, and Business Advisory. Healthcare segment helps the firms to transform and innovate the delivery model to focus on patient wellness by improving quality outcomes, minimizing care variation and fundamentally improving patient and population health, Education segment provides management consulting and technology solutions, and Business Advisory segment provides services to large and middle-market organizations, not-for-profit organizations, and private equity firms. It generates a majority of its revenue from the Healthcare Segment.
Executives
Zumwalt Debra director 149 COMMONWEALTH DRIVE MENLO PARK CA 94025
Roth James H director, officer: CEO HURON CONSULTING GROUP 550 WEST VAN BUREN STREET CHICAGO IL 60607
Hussey C. Mark officer: President and COO 550 WEST VAN BUREN STREET CHICAGO IL 60607
Mccartney John director US ROBOTICS INC 8100 MCCORMICK BLVD SKOKIE IL 60076
Featherstone Kyle officer: Controller 550 W. VAN BUREN 17TH FLOOR CHICAGO IL 60607
Lockhart H Eugene director OAK HILL FARM, P.O. BOX 489 4125 LOUISA ROAD KESWICK VA 22947
Sawyer Hugh E Iii director 1806 BALLY BUNION DRIVE DECATUR GA 30097
Singh-bushell Ekta director 9197 S. PEORIA ST. ENGLEWOOD CO 80112
Torain Ernest W. Jr. officer: EVP, Gen. Counsel & Corp.Sec. 550 W. VAN BUREN 17TH FLOOR CHICAGO IL 60607
Massaro George director PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: MASSARO GEORGE a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Kelly John D. officer: EVP, CFO and Treasurer 555 WEST VAN BUREN STREET CHICAGO IL 60607
Wong Ellen officer: Chief Accounting Officer 550 WEST VAN BUREN STREET CHICAGO IL 60607
Ratekin Diane E. officer: EVP, Gen. Counsel, & Corp.Sec. 550 WEST VAN BUREN STREET CHICAGO IL 60607
Moody John S director MARSH MCLENNAN REALTY ADVISORS 1166 AVENUE OF THE AMERICAS NEW YORK NY 10036
Edwards James D director PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: EDWARDS JAMES D a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}

Huron Consulting Group Headlines

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