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Diego Pellicer Worldwide (Diego Pellicer Worldwide) Altman Z-Score : -30.64 (As of May. 05, 2024)


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What is Diego Pellicer Worldwide Altman Z-Score?

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Diego Pellicer Worldwide has a Altman Z-Score of -30.64, 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 Diego Pellicer Worldwide's Altman Z-Score or its related term are showing as below:


Diego Pellicer Worldwide Altman Z-Score Historical Data

The historical data trend for Diego Pellicer Worldwide'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.

Diego Pellicer Worldwide Altman Z-Score Chart

Diego Pellicer Worldwide Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -93.91 -90.28 -17.41 -30.58 -25.53

Diego Pellicer Worldwide Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Altman Z-Score Get a 7-Day Free Trial 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 -27.81 -25.53 -26.78 -30.64 -30.57

Competitive Comparison of Diego Pellicer Worldwide's Altman Z-Score

For the Real Estate Services subindustry, Diego Pellicer Worldwide'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.


Diego Pellicer Worldwide's Altman Z-Score Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Diego Pellicer Worldwide's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Diego Pellicer Worldwide's Altman Z-Score falls into.



Diego Pellicer Worldwide 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.

Diego Pellicer Worldwide'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*-4.0779+1.4*-20.6389+3.3*0.8889+0.6*0.0002+1.0*0.2116
=-30.64

* 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 Sep. 2022:
Total Assets was $2.66 Mil.
Total Current Assets was $1.33 Mil.
Total Current Liabilities was $12.16 Mil.
Retained Earnings was $-54.82 Mil.
Pre-Tax Income was 0.598 + 0.258 + 0 + 0.681 = $1.54 Mil.
Interest Expense was -0.377 + -0.318 + 0 + -0.129 = $-0.82 Mil.
Revenue was 0.188 + 0.187 + 0 + 0.187 = $0.56 Mil.
Market Cap (Today) was $0.00 Mil.
Total Liabilities was $12.66 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
=(1.327 - 12.158)/2.656
=-4.0779

X2=Retained Earnings/Total Assets
=-54.817/2.656
=-20.6389

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(1.537 - -0.824)/2.656
=0.8889

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=0.003/12.662
=0.0002

X5=Revenue/Total Assets
=0.562/2.656
=0.2116

The zones of discrimination were as such:

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

Diego Pellicer Worldwide has a Altman Z-Score of -30.64 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.


Diego Pellicer Worldwide  (OTCPK:DPWW) 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.


Diego Pellicer Worldwide Altman Z-Score Related Terms

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Diego Pellicer Worldwide (Diego Pellicer Worldwide) Business Description

Traded in Other Exchanges
N/A
Address
6160 Plumas Street, Suite 100, Reni, NV, USA, 89519
Diego Pellicer Worldwide Inc is a real estate and consumer retail development company. Principally, it is focused on acquiring and developing real estate properties for the purpose of leasing to licensed marijuana operators in the United States. The company provides space for growing, processing, recreational and medical retail sales space and related facilities to licensed marijuana growers, processors, dispensary and recreational store operators. Additionally, it also offers wholesale distribution of branded non-marijuana clothing and accessories.
Executives
Christopher Strachan officer: Chief Financial Officer 9030 SEWARD PARK AVE, S #501, SEATTLE WA 98118
Nello Iii Gonfiantini officer: Vice President - Real Estate 6160 PLUMAS ST, SUITE 100, RENO NV 89519
Alan David Valdes director C/O CHANCELLOR CONSULTANTS, 14 WALL ST 30TH FL, NEW YORK NY 10005
Stephen L Norris director 1701 SOUTH FLAGLER DRIVE 1807, WEST PALM BEACH FL 33401
David Michael Thompson officer: Vice President - Finance 300,400 - 5TH AVENUE SW, CALGARY A0 T2P 0L6
Ronald Throgmartin director, officer: PRESIDENT& CEO 3685 THOMPSON MILL RD, BUFORD GA 30519

Diego Pellicer Worldwide (Diego Pellicer Worldwide) Headlines