SELECT * FROM `stock_list` WHERE `symbol` = "WVVI" and stock_list.exchange IN (SELECT exchange FROM gurufocu_main.stock_list_exchanges where country='USA' and active=1) AND delisted = 0 limit 0,1SELECT * FROM `stock_list` where symbol='WVVI' AND exchange = 'NAS' AND delisted = 0 limit 0,1SELECT * FROM `stock_list` WHERE `symbol` = "WVVI" and stock_list.exchange IN (SELECT exchange FROM gurufocu_main.stock_list_exchanges where country='USA' and active=1) AND delisted = 0 limit 0,1 WVVI (Willamette Valley Vineyards) Altman Z-Score
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Willamette Valley Vineyards Inc (NAS:WVVI) » Definitions » Altman Z-Score

Willamette Valley Vineyards (Willamette Valley Vineyards) Altman Z-Score : 1.18 (As of Apr. 25, 2024)


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What is Willamette Valley Vineyards 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.

Warning Sign:

Altman Z-score of 1.21 is in distress zone. This implies bankruptcy possibility in the next two years.

Willamette Valley Vineyards has a Altman Z-Score of 1.18, 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 Willamette Valley Vineyards's Altman Z-Score or its related term are showing as below:

WVVI' s Altman Z-Score Range Over the Past 10 Years
Min: 1.21   Med: 2.75   Max: 4.07
Current: 1.21

During the past 13 years, Willamette Valley Vineyards's highest Altman Z-Score was 4.07. The lowest was 1.21. And the median was 2.75.


Willamette Valley Vineyards Altman Z-Score Historical Data

The historical data trend for Willamette Valley Vineyards'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.

Willamette Valley Vineyards Altman Z-Score Chart

Willamette Valley Vineyards Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.48 2.33 2.18 1.50 1.26

Willamette Valley Vineyards Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.50 1.51 1.46 1.41 1.26

Competitive Comparison of Willamette Valley Vineyards's Altman Z-Score

For the Beverages - Wineries & Distilleries subindustry, Willamette Valley Vineyards'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.


Willamette Valley Vineyards's Altman Z-Score Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Willamette Valley Vineyards's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Willamette Valley Vineyards's Altman Z-Score falls into.



Willamette Valley Vineyards 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.

Willamette Valley Vineyards'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*0.174+1.4*0.1867+3.3*-0.0103+0.6*0.6299+1.0*0.3702
=1.18

* 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 Dec. 2023:
Total Assets was $105.71 Mil.
Total Current Assets was $32.19 Mil.
Total Current Liabilities was $13.80 Mil.
Retained Earnings was $19.74 Mil.
Pre-Tax Income was -0.36 + -0.45 + 0.149 + -1.026 = $-1.69 Mil.
Interest Expense was -0.134 + -0.171 + -0.165 + -0.124 = $-0.59 Mil.
Revenue was 10.753 + 9.348 + 10.726 + 8.309 = $39.14 Mil.
Market Cap (Today) was $22.09 Mil.
Total Liabilities was $35.07 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
=(32.193 - 13.797)/105.708
=0.174

X2=Retained Earnings/Total Assets
=19.735/105.708
=0.1867

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-1.687 - -0.594)/105.708
=-0.0103

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=22.093/35.073
=0.6299

X5=Revenue/Total Assets
=39.136/105.708
=0.3702

The zones of discrimination were as such:

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

Willamette Valley Vineyards has a Altman Z-Score of 1.18 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.


Willamette Valley Vineyards  (NAS:WVVI) 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.


Willamette Valley Vineyards Altman Z-Score Related Terms

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Willamette Valley Vineyards (Willamette Valley Vineyards) Business Description

Traded in Other Exchanges
Address
8800 Enchanted Way, South East, Turner, OR, USA, 97392
Willamette Valley Vineyards Inc produces and sells premium, super-premium, and ultra-premium wines. The grapes are harvested, fermented, and made into wine at the company's Turner winery, and the wines are sold principally under its Willamette Valley Vineyards label and also under the Griffin Creek, Tualatin Estate, Pambrun, Maison Bleue, Natoma, Metis, and Elton labels. It operates under two operating segments, direct sales and distributor sales. Direct sales include retail sales in its tasting room and remote sites, wine club sales, online sales, on-site events, kitchen and catering sales, and other sales made directly to the consumer without the use of an intermediary. Distributor sales include all sales through a third party where prices are given at a wholesale rate.
Executives
James W Bernau director, 10 percent owner, officer: Chief Executive Officer 2545 CLOVERDALE RD SE, TURNER OR 97392
Sarah Alice Rose director 6821 50TH AVE NE, SEATTLE WA 98115
Day Cara Pepper director 1088 SW PRESTWICK CT., WILSONVILLE OR 97070
Stanley G Turel director 604 SE 121ST AVE, C/O ARBOR PARK OFFICE, VANCOUVER WA 98683
John Alphonsus Ferry officer: CFO 15830 FOREST RIDGE LANE NE, SILVERTON OR 97381
Leslie J Copland director 2350 NW SAVIER STREET, UNIT 406, PORTLAND OR 97210
Goward Richard F. Jr. officer: CFO 2623 ABBEY LN. SE, SALEM OR 97317
Heather Westing director 25030 SW PARKWAY AVE, SUITE 300, WILSONVILLE OR 97070
James L Ellis director 7850 SE KING ROAD, MILWAUKIE OR 97222
Craig Alan Smith director 367 SANRODEE DR. SE, SALEM OR 97317
Jonathan J Ricci director C/O JONES SODA CO., 234 9TH AVE. N., SEATTLE WA 98109
O Brien Betty M director 22500 INGRAM LANE NW, SALEM OR 97304
Christopher L Sarles director 2185 SW WINCHESTER, PORTLAND OR 97225-4457
Chris Riccardi 10 percent owner 15 STEDMAN WAY, LOUDONVILLE NY 12211
Delna L. Jones director 39692 CAMINO TEMPLADO, INDIO CA 92203