Honeywell International Stock Z Score

HON Stock

USD 193.64 1.66 0.85%

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. Check out Honeywell International Piotroski F Score and Honeywell International Valuation analysis.

To learn how to invest in Honeywell Stock, please use our How to Invest in Honeywell International guide.

At this time, Honeywell International's Additional Paid In Capital is very stable compared to the past year. As of the 2nd of May 2024, Net Invested Capital is likely to grow to about 40.2 B, while Capital Surpluse is likely to drop about 6.7 B. At this time, Honeywell International's Tax Provision is very stable compared to the past year. As of the 2nd of May 2024, Reconciled Depreciation is likely to grow to about 1.2 B, while Depreciation And Amortization is likely to drop about 859.6 M.

Honeywell International Company Z Score Analysis

Honeywell International'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..

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 )

Honeywell Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Honeywell International is extremely important. It helps to project a fair market value of Honeywell Stock properly, considering its historical fundamentals such as Z Score. Since Honeywell International'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 Honeywell International'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 Honeywell International's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Good Will	Common Stock	Short Term Investments	Long Term Debt	Treasury Stock	Property Plant Equipment	Current Deferred Revenue	Deferred Long Term Liab	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Long Term Investments	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.86	0.5	0.7	0.73	0.98	0.97	0.79	0.64	0.95	0.95	0.74	0.31	0.82	-0.65	0.46	-0.33	0.76	-0.09	0.72	0.72	-0.44	0.66	0.17	-0.13	0.18
Total Stockholder Equity	0.86		0.22	0.48	0.81	0.75	0.91	0.76	0.66	0.85	0.86	0.67	0.47	0.5	-0.34	0.4	-0.51	0.46	0.24	0.39	0.43	-0.54	0.42	-0.05	0.01	0.32
Net Debt	0.5	0.22		0.86	0.19	0.56	0.38	0.47	0.63	0.47	0.56	0.48	0.09	0.72	-0.81	0.72	-0.01	0.72	-0.64	0.78	0.8	-0.52	0.68	0.54	-0.55	-0.66
Retained Earnings	0.7	0.48	0.86		0.32	0.73	0.61	0.57	0.55	0.63	0.68	0.66	-0.05	0.78	-0.95	0.55	-0.13	0.73	-0.26	0.8	0.89	-0.65	0.73	0.61	-0.56	-0.53
Net Receivables	0.73	0.81	0.19	0.32		0.65	0.79	0.46	0.57	0.87	0.86	0.85	0.47	0.34	-0.12	0.28	-0.78	0.3	0.19	0.21	0.22	-0.51	0.16	-0.24	0.04	0.24
Total Liab	0.98	0.75	0.56	0.73	0.65		0.93	0.74	0.59	0.92	0.91	0.72	0.23	0.88	-0.72	0.45	-0.23	0.81	-0.2	0.79	0.78	-0.37	0.71	0.25	-0.17	0.12
Total Current Assets	0.97	0.91	0.38	0.61	0.79	0.93		0.76	0.6	0.93	0.92	0.75	0.4	0.73	-0.53	0.41	-0.43	0.69	0.06	0.62	0.6	-0.48	0.61	0.13	0.0	0.24
Short Term Debt	0.79	0.76	0.47	0.57	0.46	0.74	0.76		0.79	0.67	0.72	0.42	0.51	0.57	-0.52	0.54	-0.2	0.67	-0.18	0.51	0.58	-0.38	0.67	0.15	-0.08	0.16
Intangible Assets	0.64	0.66	0.63	0.55	0.57	0.59	0.6	0.79		0.61	0.75	0.52	0.59	0.46	-0.39	0.57	-0.47	0.5	-0.37	0.43	0.41	-0.46	0.59	0.11	-0.13	-0.08
Accounts Payable	0.95	0.85	0.47	0.63	0.87	0.92	0.93	0.67	0.61		0.98	0.85	0.35	0.7	-0.53	0.49	-0.48	0.67	-0.02	0.59	0.65	-0.51	0.47	0.05	-0.18	0.13
Good Will	0.95	0.86	0.56	0.68	0.86	0.91	0.92	0.72	0.75	0.98		0.84	0.39	0.73	-0.56	0.54	-0.5	0.67	-0.13	0.63	0.65	-0.54	0.54	0.11	-0.18	0.07
Common Stock	0.74	0.67	0.48	0.66	0.85	0.72	0.75	0.42	0.52	0.85	0.84		0.13	0.49	-0.46	0.32	-0.72	0.43	0.13	0.41	0.49	-0.63	0.31	0.15	-0.23	-0.2
Short Term Investments	0.31	0.47	0.09	-0.05	0.47	0.23	0.4	0.51	0.59	0.35	0.39	0.13		0.05	0.18	0.36	-0.39	0.2	-0.13	-0.01	-0.08	-0.21	0.22	-0.33	0.26	0.32
Long Term Debt	0.82	0.5	0.72	0.78	0.34	0.88	0.73	0.57	0.46	0.7	0.73	0.49	0.05		-0.83	0.58	0.12	0.84	-0.43	0.98	0.89	-0.33	0.78	0.47	-0.24	-0.11
Treasury Stock	-0.65	-0.34	-0.81	-0.95	-0.12	-0.72	-0.53	-0.52	-0.39	-0.53	-0.56	-0.46	0.18	-0.83		-0.47	-0.15	-0.78	0.37	-0.87	-0.93	0.46	-0.76	-0.65	0.57	0.44
Property Plant Equipment	0.46	0.4	0.72	0.55	0.28	0.45	0.41	0.54	0.57	0.49	0.54	0.32	0.36	0.58	-0.47		0.05	0.57	-0.42	0.63	0.65	-0.56	0.38	0.24	-0.24	-0.35
Current Deferred Revenue	-0.33	-0.51	-0.01	-0.13	-0.78	-0.23	-0.43	-0.2	-0.47	-0.48	-0.5	-0.72	-0.39	0.12	-0.15	0.05		0.07	-0.37	0.22	0.2	0.43	0.06	0.16	-0.16	-0.02
Deferred Long Term Liab	0.76	0.46	0.72	0.73	0.3	0.81	0.69	0.67	0.5	0.67	0.67	0.43	0.2	0.84	-0.78	0.57	0.07		-0.46	0.83	0.81	-0.27	0.82	0.38	-0.34	-0.15
Net Tangible Assets	-0.09	0.24	-0.64	-0.26	0.19	-0.2	0.06	-0.18	-0.37	-0.02	-0.13	0.13	-0.13	-0.43	0.37	-0.42	-0.37	-0.46		-0.5	-0.38	-0.16	-0.43	-0.25	0.26	0.26
Long Term Debt Total	0.72	0.39	0.78	0.8	0.21	0.79	0.62	0.51	0.43	0.59	0.63	0.41	-0.01	0.98	-0.87	0.63	0.22	0.83	-0.5		0.91	-0.34	0.79	0.55	-0.3	-0.26
Capital Surpluse	0.72	0.43	0.8	0.89	0.22	0.78	0.6	0.58	0.41	0.65	0.65	0.49	-0.08	0.89	-0.93	0.65	0.2	0.81	-0.38	0.91		-0.45	0.7	0.47	-0.56	-0.33
Long Term Investments	-0.44	-0.54	-0.52	-0.65	-0.51	-0.37	-0.48	-0.38	-0.46	-0.51	-0.54	-0.63	-0.21	-0.33	0.46	-0.56	0.43	-0.27	-0.16	-0.34	-0.45		-0.2	-0.23	0.27	0.43
Short Long Term Debt	0.66	0.42	0.68	0.73	0.16	0.71	0.61	0.67	0.59	0.47	0.54	0.31	0.22	0.78	-0.76	0.38	0.06	0.82	-0.43	0.79	0.7	-0.2		0.44	-0.31	-0.18
Net Invested Capital	0.17	-0.05	0.54	0.61	-0.24	0.25	0.13	0.15	0.11	0.05	0.11	0.15	-0.33	0.47	-0.65	0.24	0.16	0.38	-0.25	0.55	0.47	-0.23	0.44		-0.08	-0.55
Net Working Capital	-0.13	0.01	-0.55	-0.56	0.04	-0.17	0.0	-0.08	-0.13	-0.18	-0.18	-0.23	0.26	-0.24	0.57	-0.24	-0.16	-0.34	0.26	-0.3	-0.56	0.27	-0.31	-0.08		0.54
Capital Stock	0.18	0.32	-0.66	-0.53	0.24	0.12	0.24	0.16	-0.08	0.13	0.07	-0.2	0.32	-0.11	0.44	-0.35	-0.02	-0.15	0.26	-0.26	-0.33	0.43	-0.18	-0.55	0.54

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To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores 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 highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.

Competition

Predict Honeywell International

According to the company's disclosures, Honeywell International has a Z Score of 0.0. This is 100.0% lower than that of the Industrial Conglomerates sector and 100.0% lower than that of the Industrials industry. The z score for all United States stocks is 100.0% higher than that of the company.

Honeywell International 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, Honeywell International's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Honeywell International's managers, analysts, and investors.

Environment Score

Governance Score

Social Score

Honeywell International Institutional Holders

Institutional Holdings refers to the ownership stake in Honeywell International that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Honeywell International's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Honeywell International's value.

		Shares
Royal Bank Of Canada	2023-12-31	8.8 M
T. Rowe Price Associates, Inc.	2023-12-31	7.8 M
Nuveen Asset Management, Llc	2023-12-31	7.7 M
Ameriprise Financial Inc	2023-12-31	7.6 M
Bank Of New York Mellon Corp	2023-12-31	6.7 M
Northern Trust Corp	2023-12-31	6.5 M
Franklin Resources Inc	2023-12-31	5.7 M
Legal & General Group Plc	2023-12-31	4.9 M
Capital Research & Mgmt Co - Division 3	2023-12-31	4.8 M
Vanguard Group Inc	2023-12-31	61.1 M
Blackrock Inc	2023-12-31	42.3 M

Honeywell Fundamentals

	Return On Equity	0.33
	Return On Asset	0.077
	Profit Margin	0.16 %
	Operating Margin	0.22 %
	Current Valuation	142.12 B
	Shares Outstanding	651.19 M
	Shares Owned By Insiders	0.09 %
	Shares Owned By Institutions	79.17 %
	Number Of Shares Shorted	6.93 M
	Price To Earning	28.18 X
	Price To Book	8.06 X
	Price To Sales	3.48 X
	Revenue	36.66 B
	Gross Profit	11.64 B
	EBITDA	7.08 B
	Net Income	5.66 B
	Cash And Equivalents	7.97 B
	Cash Per Share	11.85 X
	Total Debt	21.54 B
	Debt To Equity	0.98 %
	Current Ratio	1.24 X
	Book Value Per Share	25.27 X
	Cash Flow From Operations	5.34 B
	Short Ratio	2.35 X
	Earnings Per Share	8.63 X
	Price To Earnings To Growth	2.01 X
	Target Price	218.92
	Number Of Employees	95 K
	Beta	1.01
	Market Capitalization	126.1 B
	Total Asset	61.52 B
	Retained Earnings	47.98 B
	Working Capital	4.96 B
	Current Asset	20.05 B
	Current Liabilities	18.37 B
	Annual Yield	0.02 %
	Five Year Return	1.96 %
	Net Asset	61.52 B
	Last Dividend Paid	4.22

About Honeywell International Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Honeywell International's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Honeywell International using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Honeywell International 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.

Honeywell International Investors Sentiment

The influence of Honeywell International's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Honeywell. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Honeywell International's public news can be used to forecast risks associated with an investment in Honeywell. The trend in average sentiment can be used to explain how an investor holding Honeywell can time the market purely based on public headlines and social activities around Honeywell International. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Honeywell International's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Honeywell International's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Honeywell International's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Honeywell International.

Honeywell International Implied Volatility

30.0

Honeywell International's implied volatility exposes the market's sentiment of Honeywell International stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Honeywell International's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Honeywell International stock will not fluctuate a lot when Honeywell International's options are near their expiration.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Honeywell International in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Honeywell International's short interest history, or implied volatility extrapolated from Honeywell International options trading.

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When determining whether Honeywell International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Honeywell International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Honeywell International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Honeywell International Stock:

How To Invest In Honeywell

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Is Honeywell Stock a good investment?

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What is Honeywell International's Net Worth?

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Largest Industrial Conglomerates Companies

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Largest Capital Goods Companies

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Check out Honeywell International Piotroski F Score and Honeywell International Valuation analysis.

To learn how to invest in Honeywell Stock, please use our How to Invest in Honeywell International guide.

You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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When running Honeywell International's price analysis, check to measure Honeywell International'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 Honeywell International is operating at the current time. Most of Honeywell International's value examination focuses on studying past and present price action to predict the probability of Honeywell International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Honeywell International's price. Additionally, you may evaluate how the addition of Honeywell International to your portfolios can decrease your overall portfolio volatility.

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Is Honeywell International's 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 Honeywell International. If investors know Honeywell 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 Honeywell International 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

0.077

Dividend Share

4.22

Earnings Share

8.63

Revenue Per Share

55.988

Quarterly Revenue Growth

0.027

The market value of Honeywell International is measured differently than its book value, which is the value of Honeywell that is recorded on the company's balance sheet. Investors also form their own opinion of Honeywell International's value that differs from its market value or its book value, called intrinsic value, which is Honeywell International's 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 Honeywell International's market value can be influenced by many factors that don't directly affect Honeywell International's 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 Honeywell International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Honeywell International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Honeywell International's 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.

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Honeywell International Stock Z Score

Honeywell International Company Z Score Analysis

Z Score

Sum Of

5 Factors

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 )

Honeywell Z Score Driver Correlations

Honeywell International ESG Sustainability

Honeywell International Institutional Holders

Honeywell Fundamentals

About Honeywell International Fundamental Analysis

Honeywell International Investors Sentiment

Honeywell International Implied Volatility

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

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