Altman Z Score Analysis of AcelRx Pharmaceuticals Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Altman Z Score
Period Ending - Dec-23
Very Poor Altman Z Score
-33.32
Period Ending - Dec-22
Very Poor Altman Z Score
-8.84
Growth
-276.71 %
Latest Altman Z Score
Period Ending - 31-May-24
Very Poor Altman Z Score
-31.87
Key Inputs in Deriving Altman Z Score
| (Net Working Capital / Total Assets ) * 1.2 ( 0.704 Cr / 2.04 Cr ) * 1.2 | 0.414 |
| (Retained Earning / Total Assets ) * 1.4 ( -44.42 Cr / 2.04 Cr ) * 1.4 | -30.49 |
| (EBIT / Total Assets ) * 3.3 ( -2.07 Cr / 2.04 Cr ) * 3.3 | -3.34 |
| (Total Revenue / Total Assets ) ( 0.214 Cr / 2.04 Cr ) | 0.105 |
| (Market Cap / Total Liabilities ) *.6 ( 1.52 Cr / 0.629 Cr ) *.6 | 1.45 |
| Altman Z Score | -31.87 |
Altman Z Score Analysis of AcelRx Pharmaceuticals Inc
| Altman Z Score Ratio with value of -7.19 was highest in Year Dec-19 in last Five Years. |
| Altman Z Score Ratio with value of -33.32 was lowest in Year Dec-23 in last Five Years. |
| Latest Altman Z Score Ratio with value of -33.32 is lower than Average Altman Z Score of -13.83 in last five years. |
Other Altman Z Score Related Info of ACRX that may interest you.
AcelRx Pharmaceuticals Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| ACRX | 0.8945 | 0.86 | 4.01 % | Drug Manufacturers-Specialty & Generic |
Defination of Altman Z Score
Altman Z Score is a widely used metric by analysts and investors to analyze companies' financial position. It indicates that the companies' risks were increasing, and they may have been heading towards bankruptcy. It does not only indicate whether companies are moving towards bankruptcy, but it also indicates how financially stable and healthy they are. more ..
Altman Z Score Related Ratios
| PiotroskiFScore | DebtToEquityRatio |
Tsr Stability Index
| Good Stability | |
FY - Historical Altman Z Score of AcelRx Pharmaceuticals Inc
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Altman Z Score | -33.32 | -8.84 | -9.30 | -10.49 | -7.19 | -4.02 | -6.29 |
| Change | -276.71 % | 4.86 % | 11.43 % | -45.91 % | -78.92 % | 36.10 % | -46.30 % |
FY Chart of Altman Z Score of AcelRx Pharmaceuticals Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)