Phillips 66 Stock Probability Of Bankruptcy
PSX Stock | USD 154.71 1.40 0.91% |
Phillips | Probability Of Bankruptcy |
Phillips 66 Company probability of bankruptcy Analysis
Phillips' Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
More About Probability Of Bankruptcy | All Equity Analysis
Probability Of Bankruptcy | = | Normalized | | Z-Score |
Current Phillips Probability Of Bankruptcy | Less than 8% |
Most of Phillips' fundamental indicators, such as Probability Of Bankruptcy, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Phillips 66 is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Phillips probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting Phillips odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of Phillips 66 financial health.
Is Phillips' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Phillips. If investors know Phillips will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Phillips listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.28) | Dividend Share 4.2 | Earnings Share 15.48 | Revenue Per Share 327.454 | Quarterly Revenue Growth (0.05) |
The market value of Phillips 66 is measured differently than its book value, which is the value of Phillips that is recorded on the company's balance sheet. Investors also form their own opinion of Phillips' value that differs from its market value or its book value, called intrinsic value, which is Phillips' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Phillips' market value can be influenced by many factors that don't directly affect Phillips' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Phillips' value and its price as these two are different measures arrived at by different means. Investors typically determine if Phillips is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Phillips' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Phillips Probability Of Bankruptcy Driver Correlations
Understanding the fundamental principles of building solid financial models for Phillips is extremely important. It helps to project a fair market value of Phillips Stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since Phillips' 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 Phillips' 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 Phillips' interrelated accounts and indicators.
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The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
Competition |
Based on the latest financial disclosure, Phillips 66 has a Probability Of Bankruptcy of 8.0%. This is 83.41% lower than that of the Oil, Gas & Consumable Fuels sector and 78.72% lower than that of the Energy industry. The probability of bankruptcy for all United States stocks is 79.91% higher than that of the company.
Phillips Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Phillips' direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Phillips could also be used in its relative valuation, which is a method of valuing Phillips by comparing valuation metrics of similar companies.Phillips is currently under evaluation in probability of bankruptcy category among related companies.
Phillips Main Bankruptcy Drivers
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Return On Assets | 0.0524 | (0.0679) | 0.0237 | 0.14 | 0.0929 | 0.051 | |
Asset Turnover | 1.83 | 1.17 | 2.01 | 2.22 | 1.95 | 2.77 | |
Net Debt | 10.1B | 13.4B | 11.3B | 11.1B | 16.0B | 16.8B | |
Total Current Liabilities | 11.6B | 9.5B | 12.8B | 15.9B | 15.9B | 12.6B | |
Non Current Liabilities Total | 19.9B | 23.7B | 21.2B | 26.4B | 28.0B | 18.7B | |
Total Assets | 58.7B | 54.7B | 55.6B | 76.4B | 75.5B | 59.2B | |
Total Current Assets | 14.4B | 13.3B | 14.7B | 21.9B | 19.9B | 16.9B | |
Total Cash From Operating Activities | 4.8B | 2.1B | 6.0B | 10.8B | 7.0B | 5.3B |
Phillips ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Phillips' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Phillips' managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Phillips Fundamentals
Return On Equity | 0.22 | ||||
Return On Asset | 0.066 | ||||
Profit Margin | 0.05 % | ||||
Operating Margin | 0.04 % | ||||
Current Valuation | 83.84 B | ||||
Shares Outstanding | 424.78 M | ||||
Shares Owned By Insiders | 0.40 % | ||||
Shares Owned By Institutions | 78.75 % | ||||
Number Of Shares Shorted | 8.04 M | ||||
Price To Earning | 4.99 X | ||||
Price To Book | 2.26 X | ||||
Price To Sales | 0.47 X | ||||
Revenue | 147.4 B | ||||
Gross Profit | 20.06 B | ||||
EBITDA | 9.93 B | ||||
Net Income | 7.01 B | ||||
Cash And Equivalents | 6.13 B | ||||
Cash Per Share | 7.92 X | ||||
Total Debt | 19.36 B | ||||
Debt To Equity | 0.57 % | ||||
Current Ratio | 1.30 X | ||||
Book Value Per Share | 71.05 X | ||||
Cash Flow From Operations | 7.03 B | ||||
Short Ratio | 2.48 X | ||||
Earnings Per Share | 15.48 X | ||||
Price To Earnings To Growth | 0.73 X | ||||
Target Price | 168.01 | ||||
Number Of Employees | 14 K | ||||
Beta | 1.38 | ||||
Market Capitalization | 65.72 B | ||||
Total Asset | 75.5 B | ||||
Retained Earnings | 30.55 B | ||||
Working Capital | 4.08 B | ||||
Current Asset | 12.26 B | ||||
Current Liabilities | 7.53 B | ||||
Annual Yield | 0.03 % | ||||
Five Year Return | 4.10 % | ||||
Net Asset | 75.5 B | ||||
Last Dividend Paid | 4.2 |
About Phillips Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Phillips 66's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Phillips using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Phillips 66 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.
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Check out Phillips Piotroski F Score and Phillips Altman Z Score analysis. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for Phillips Stock analysis
When running Phillips' price analysis, check to measure Phillips' 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 Phillips is operating at the current time. Most of Phillips' value examination focuses on studying past and present price action to predict the probability of Phillips' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Phillips' price. Additionally, you may evaluate how the addition of Phillips to your portfolios can decrease your overall portfolio volatility.
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Is Phillips' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Phillips. If investors know Phillips will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Phillips listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.28) | Dividend Share 4.2 | Earnings Share 15.48 | Revenue Per Share 327.454 | Quarterly Revenue Growth (0.05) |
The market value of Phillips 66 is measured differently than its book value, which is the value of Phillips that is recorded on the company's balance sheet. Investors also form their own opinion of Phillips' value that differs from its market value or its book value, called intrinsic value, which is Phillips' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Phillips' market value can be influenced by many factors that don't directly affect Phillips' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Phillips' value and its price as these two are different measures arrived at by different means. Investors typically determine if Phillips is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Phillips' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.