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ZoomInfo Technologies Altman Z-Score

: 9.40 (As of Today)
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Good Sign:

Altman Z-score of 9.35 is strong.

ZoomInfo Technologies has a Altman Z-Score of 9.40, 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 ZoomInfo Technologies's Altman Z-Score or its related term are showing as below:

NAS:ZI' s Altman Z-Score Range Over the Past 10 Years
Min: 7.12   Med: 8.47   Max: 10.76
Current: 9.35

7.12
10.76

During the past 3 years, ZoomInfo Technologies's highest Altman Z-Score was 10.76. The lowest was 7.12. And the median was 8.47.


ZoomInfo Technologies Altman Z-Score Historical Data

The historical data trend for ZoomInfo Technologies'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.

ZoomInfo Technologies Annual Data
Trend Dec18 Dec19 Dec20
Altman Z-Score
- - 8.47

ZoomInfo Technologies Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
Altman Z-Score Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.76 8.49 8.47 7.50 7.12

Competitive Comparison

For the Software - Application subindustry, ZoomInfo Technologies'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.

   

ZoomInfo Technologies Altman Z-Score Distribution

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

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



ZoomInfo Technologies 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.

ZoomInfo Technologies'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*0.0512+1.4*0.003+3.3*0.0448+0.6*14.9647+1.0*0.2091
=9.40

* 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. 2021:
Total Assets was $2,823.3 Mil.
Total Current Assets was $530.0 Mil.
Total Current Liabilities was $385.5 Mil.
Retained Earnings was $8.5 Mil.
Pre-Tax Income was 30.7 + 15.8 + 31.2 + 12.5 = $90.2 Mil.
Interest Expense was -10.1 + -6.5 + -10 + -9.7 = $-36.3 Mil.
Revenue was 174 + 153.3 + 139.7 + 123.4 = $590.4 Mil.
Market Cap (Today) was $27,409.3 Mil.
Total Liabilities was $1,831.6 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
=(530 - 385.5)/2823.3
=0.0512

X2=Retained Earnings/Total Assets
=8.5/2823.3
=0.003

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(90.2 - -36.3)/2823.3
=0.0448

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=27409.299/1831.6
=14.9647

X5=Revenue/Total Assets
=590.4/2823.3
=0.2091

The zones of discrimination were as such:

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

ZoomInfo Technologies has a Altman Z-Score of 9.40 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.


ZoomInfo Technologies  (NAS:ZI) 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.


ZoomInfo Technologies Altman Z-Score Related Terms

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


ZoomInfo Technologies Business Description

ZoomInfo Technologies logo
Industry
Technology » Software NAICS : 511210 SIC : 7372
Comparable Companies
Traded in Other Exchanges
N/A
Address
805 Broadway Street, Suite 900, Vancouver, WA, USA, 98660
ZoomInfo Technologies Inc provides a go-to-market intelligence platform for sales and marketing teams. Its cloud-based go-to-market data and insights platform deliver comprehensive and high-quality intelligence and analytics to provide sales and marketing professionals with accurate information and insights on the organizations and professionals. Geographically, the company has its presence across the United States.
Executives
Tc Group, Llc 10 percent owner C/O CARLYLE GROUP 1001 PENNSYLVANIA AVENUE NW SUITE 220 S WASHINGTON DC 20004
Cp Vi Evergreen Holdings, L.p. 10 percent owner C/O THE CARLYLE GROUP, SUITE 220 SOUTH 1001 PENNSYLVANIA AVENUE, N.W. WASHINGTON DC 20004
Carlyle Partners Vi Dash Holdings, L.p. 10 percent owner C/O THE CARLYLE GROUP, SUITE 220 SOUTH 1001 PENNSYLVANIA AVENUE, N.W. WASHINGTON DC 20002
Carlyle Partners Vi Evergreen Holdings, L.p. 10 percent owner C/O THE CARLYLE GROUP, SUITE 200 SOUTH 1001 PENNSYLVANIA AVENUE, N.W. WASHINGTON DC 20004
Tc Group Vi, L.l.c. 10 percent owner C/O THE CARLYLE GROUP, SUITE 220 SOUTH 1001 PENNSYLVANIA ANVENE, N.W. WASHINGTON DC 20004
Tc Group Vi, L.p. 10 percent owner C/O THE CARLYLE GROUP, SUITE 220 SOUTH 1001 PENNSYLVANIA AVENUE, N.W. WASHINGTON DC 20004
Tc Group Vi S1, L.l.c. 10 percent owner C/O THE CARLYLE GROUP. SUITE 220 SOUTH 1001 PENNSYLVANIA AVENUE, N.W. WASHINGTON DC 20004
Tc Group Vi S1, L.p. 10 percent owner C/O THE CARLYLE GROUP, SUITE 220 SOUTH 1001 PENNSYLVANIA AVENUE, N.W. WASHINGTON DC 20004
Tc Group Sub L.p. 10 percent owner C/O THE CARLYLE GROUP L.P. 1001 PENNSYLVANIA AVENUE, NW WASHINGTON DC 20004-2505
Carlyle Holdings I L.p. 10 percent owner C/O THE CARLYLE GROUP L.P. 1001 PENNSYLVANIA AVENUE, NW WASHINGTON DC 20004-2505
Carlyle Holdings I Gp Sub L.l.c. 10 percent owner C/O THE CARLYLE GROUP L.P. 1001 PENNSYLVANIA AVENUE, NW WASHINGTON DC 20004-2505
Cg Subsidiary Holdings L.l.c. 10 percent owner C/O THE CARLYLE GROUP, SUITE 220 SOUTH 1001 PENNSYLVANIA AVENUE, N.W. WASHINGTON DC 20004
Tc Group Cayman Investment Holdings, L.p. 10 percent owner C/O WALKERS CORPORATE SERVICES LIMITED 190 ELGIN AVENUE GEORGE TOWN, GRAND CAYMAN E9 KY1-9001
Carlyle Group Inc. 10 percent owner C/O THE CARLYLE GROUP 1001 PENNSYLVANIA AVENUE, N.W. WASHINGTON DC 20004
Carlyle Group Management L.l.c. 10 percent owner C/O THE CARLYLE GROUP L.P. 1001 PENNSYLVANIA AVENUE, NW WASHINGTON DC 20004-2505

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