Ollie's Bargain Outlet Holdings (NAS:OLLI) Altman Z-Score

: 5.23 (As of Today)

View and export this data going back to 2015. Start your Free Trial

Good Sign:

Altman Z-score of 5.16 is strong.

Ollie's Bargain Outlet Holdings has a Altman Z-Score of 5.23, 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 Ollie's Bargain Outlet Holdings's Altman Z-Score or its related term are showing as below:

OLLI' s Altman Z-Score Range Over the Past 10 Years
Min: 1.1 Med: 5.06 Max: 15.82
Current: 5.16

During the past 10 years, Ollie's Bargain Outlet Holdings's highest Altman Z-Score was 15.82. The lowest was 1.10. And the median was 5.06.

Ollie's Bargain Outlet Holdings Altman Z-Score Historical Data

The historical data trend for Ollie's Bargain Outlet 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.

Ollie's Bargain Outlet Holdings Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Altman Z-Score

15.82

5.59

7.73

4.78

5.06

Ollie's Bargain Outlet Holdings Quarterly Data
	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23
Altman Z-Score																4.78	4.65	5.22	5.03	5.06

Competitive Comparison

For the Discount Stores subindustry, Ollie's Bargain Outlet 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.

Annual Data Quarterly Data

Ollie's Bargain Outlet Holdings Altman Z-Score Distribution

For the Retail - Defensive industry and Consumer Defensive sector, Ollie's Bargain Outlet Holdings's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Ollie's Bargain Outlet Holdings's Altman Z-Score falls in comparison to its industry or sector. The grey bar indicates the Altman Z-Score's extreme value range as defined by GuruFocus.

Ollie's Bargain Outlet 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.

Ollie's Bargain Outlet Holdings's Altman Z-Score for today is calculated with this formula:

1.2

1.4

3.3

0.6

1.0

1.2

0.2422

1.4

0.4826

3.3

0.0656

0.6

5.2635

1.0

0.8938

5.23

Trailing Twelve Months (TTM) ended in Jan. 2023:
Total Assets was $2,044 Mil.
Total Current Assets was $754 Mil.
Total Current Liabilities was $259 Mil.
Retained Earnings was $987 Mil.
Pre-Tax Income was 69.781 + 30.398 + 16.668 + 17.036 = $134 Mil.
Interest Expense was 0 + 0 + 0 + -0.109 = $-0 Mil.
Revenue was 549.789 + 418.072 + 452.482 + 406.666 = $1,827 Mil.
Market Cap (Today) was $3,590 Mil.
Total Liabilities was $682 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
	=	(754.296 - 259.285)	/	2044.096
	=	0.2422

X2	=	Retained Earnings	/	Total Assets
	=	986.512	/	2044.096
	=	0.4826

X3	=	Earnings Before Interest and Taxes	/	Total Assets
	=	(Pre-Tax Income - Interest Expense)	/	Total Assets
	=	(133.883 - -0.109)	/	2044.096
	=	0.0656

X4	=	Market Value Equity	/	Book Value of Total Liabilities
	=	Market Cap	/	Total Liabilities
	=	3589.856	/	682.027
	=	5.2635

X5	=	Revenue	/	Total Assets
	=	1827.009	/	2044.096
	=	0.8938

The zones of discrimination were as such:

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

Ollie's Bargain Outlet Holdings has a Altman Z-Score of 5.23 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.

Ollie's Bargain Outlet Holdings (NAS:OLLI) 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.

Be Aware

Altman Z-Score does not apply to financial companies.

Ollie's Bargain Outlet Holdings Altman Z-Score Related Terms

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

Ollie's Bargain Outlet Holdings (NAS:OLLI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Ollie's Bargain Outlet Holdings Inc (NAS:OLLI) » Definitions » Altman Z-Score

Comparable Companies

Traded in Other Exchanges

OL6:Germany

Address

6295 Allentown Boulevard, Suite 1, Harrisburg, PA, USA, 17112

Website

https://www.ollies.us

Ollie's Bargain Outlet Holdings Inc is a retailer of brand name merchandise at drastically reduced prices. It offers customers a selection of brand name products, including housewares, food, books and stationery, bed and bath, floor coverings, toys, and hardware. It operates stores across the Eastern half of the United States. Its differentiated go-to-market strategy is characterized by a unique, fun and engaging treasure hunt shopping experience, compelling customer value proposition and witty, humorous in-store signage and advertising campaigns. These attributes have driven rapid growth and strong and consistent store performance for the company.

Executives

Abid Rizvi	director	C/O OLLIE'S BARGAIN OUTLET HOLDINGS, INC, 6295 ALLENTOWN BOULEVARD, SUITE 1, HARRISBURG PA 17112
Robert F Helm	officer: See Remarks	500 PLAZA DRIVE, THE CHILDREN'S PLACE, SECAUCUS NJ 07094
James J Comitale	officer: SVP, General Counsel	30 HUNTER LANE, CAMP HILL PA 17011
Van Der Valk Eric	officer: EVP, COO	C/O OLLIE'S BARGAIN OUTLET HOLDINGS, INC, 6295 ALLENTOWN BOULEVARD, SUITE 1, HARRISBURG PA 17112
Larry Kraus	officer: VP, CIO	C/O OLLIE'S BARGAIN OUTLET HOLDINGS, INC, 6295 ALLENTOWN BOULEVARD, SUITE 1, HARRISBURG PA 17112
Scott Osborne	officer: VP, Store Operations	C/O OLLIE'S BARGAIN OUTLET HOLDINGS, INC, 6295 ALLENTOWN BOULEVARD, SUITE 1, HARRISBURG PA 17112
Ray Daugherty	officer: SVP, Supply Chain	C/O OLLIE'S BARGAIN OUTLET HOLDINGS, INC, 6295 ALLENTOWN BOULEVARD, SUITE 1, HARRISBURG PA 17112
Alissa M Ahlman	director	AT HOME GROUP INC., 1600 EAST PLANO PARKWAY, PLANO TX 75074
Michael L Bangs	10 percent owner	429 SOUTH 18TH STREET, CAMP HILL PA 17011
Stephen W White	director	500 VOLVO PARKWAY, CHESAPEAKE VA 23320
Ccmp Capital Gp, Llc	10 percent owner	1 ROCKEFELLER PLAZA, 16TH FLOOR, NEW YORK NY 10020
Howard Freedman	officer: VP, Merchandising	1262 BROCKIE DRIVE, YORK PA 17403
Mark L Butler	officer: President, CEO	1701 NEWVILLE ROAD, CARLISLE PA 17055
Stanley Fleishman	director
Kevin Mclain	officer: SVP, Merchandising	1405 SUMMIT WAY, MECHNICSBURG PA 17050