Gladstone Z Score

LAND
 Stock
  

USD 20.39  0.21  1.02%   

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Additionally, see Correlation Analysis.
  
Gladstone Land Invested Capital Average is projected to increase significantly based on the last few years of reporting. The past year's Invested Capital Average was at 1.82 Billion. The current year Market Capitalization is expected to grow to about 1.2 B, whereas Capital Expenditure is forecasted to decline to (300.7 M). Gladstone Land Consolidated Income is projected to increase significantly based on the last few years of reporting. The past year's Consolidated Income was at 3.51 Million. The current year Cost of Revenue is expected to grow to about 13.8 M, whereas Preferred Dividends Income Statement Impact is forecasted to decline to about 10.2 M.

Gladstone Z Score Analysis

Gladstone Land's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
 2019 2020 2021 2022 (projected)
Interest Expense16.33 M20.62 M24.88 M26.85 M
Gross Profit33.75 M47.86 M62.55 M67.49 M
Z Score 
 = 
Sum Of  
 
5 Factors 
More About Z Score | All Equity Analysis
First Factor
 = 
1.2 * (
Working Capital
/
Total Assets )
Second Factor
 = 
1.4 * (
Retained Earnings
/
Total Assets )
Thrid Factor
 = 
3.3 * (
EBITAD
/
Total Assets )
Fouth Factor
 = 
0.6 * (
Market Value of Equity
/
Total Liabilities )
Fifth Factor
 = 
0.99 * (
Revenue
/
Total Assets )

Gladstone Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Gladstone Land is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Z Score. Since Gladstone Land's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Gladstone Land's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Gladstone Land's interrelated accounts and indicators.
To calculate Z-Score one would need to know current working capital of the company, its total assets, and liabilities, amount of latest retained earnings as well as earnings before interest and tax. Z-Score can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area' with scores of less than 1, indicating the high probability of distress. Z Score is used widely by financial auditors, accountants, money managers, loan processers, wealth advisers, as well as day traders. In the last 25 years, many financial models that utilize z score has been proved to be successful as a predictor of corporate bankruptcy.
Compare to competition

Based on the company's disclosures, Gladstone Land has a Z Score of 0.0. This is 100.0% lower than that of the Equity Real Estate Investment Trusts (REITs) sector and about the same as Real Estate (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.

Gladstone Land Current Valuation Drivers

We derive many important indicators used in calculating different scores of Gladstone Land from analyzing Gladstone Land's financial statements. These drivers represent accounts that assess Gladstone Land's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Gladstone Land's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Average Assets430.71 M505.79 M694.62 M910.87 M1.24 B1.34 B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA10.83 M16 M19.69 M27.28 M29.76 M32.11 M
Earnings Before Interest Taxes and Depreciation Amortization USD16.97 M24.13 M30.86 M42.25 M55.68 M60.08 M
Earnings before Tax(31 K)2.63 M1.74 M4.93 M3.5 M3.77 M
Average Equity101.62 M142.83 M238.41 M328.01 M501.31 M540.89 M
Enterprise Value474.73 M497.8 M719.66 M849.93 M1.73 B1.87 B
Free Cash Flow(122.7 M)(83.5 M)(240.78 M)(247.39 M)(260.57 M)(267.43 M)
Invested Capital754.85 M880.59 M1.28 B1.68 B2 B2.16 B
Invested Capital Average700.23 M804.2 M1.08 B1.41 B1.82 B1.96 B
Market Capitalization183.16 M184.49 M271.55 M352.86 M1.15 B1.25 B
Tangible Asset Value456.79 M559.43 M811.96 M1.06 B1.35 B1.45 B

Gladstone Fundamentals

About Gladstone Land Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Gladstone Land's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Gladstone Land using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Gladstone Land based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Founded in 1997, Gladstone Land is a publicly traded real estate investment trust that acquires and owns farmland and farm-related properties located in major agricultural markets in the U.S. and leases its properties to unrelated third-party farmers. The Company has increased its common distributions 20 times over the prior 23 quarters, and the current per-share distribution on its common stock is 0.0449 per month, or 0.5388 per year. Gladstone Land operates under REITSpecialty classification in the United States and is traded on NASDAQ Exchange.

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Other Tools for Gladstone Stock

When running Gladstone Land price analysis, check to measure Gladstone Land's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Gladstone Land is operating at the current time. Most of Gladstone Land's value examination focuses on studying past and present price action to predict the probability of Gladstone Land's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Gladstone Land's price. Additionally, you may evaluate how the addition of Gladstone Land to your portfolios can decrease your overall portfolio volatility.
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