Altman Z Score Analysis of Agree Realty Corporation - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Altman Z Score
Period Ending - Dec-23
Poor Altman Z Score
0.114
Period Ending - Dec-22
Poor Altman Z Score
0.149
Growth
-23.21 %
Latest Altman Z Score
Period Ending - 31-May-24
Poor Altman Z Score
1.54
Key Inputs in Deriving Altman Z Score
| (Net Working Capital / Total Assets ) * 1.2 ( -2.58 Cr / 777.48 Cr ) * 1.2 | -0.0040 |
| (Retained Earning / Total Assets ) * 1.4 ( -34.65 Cr / 777.48 Cr ) * 1.4 | -0.062 |
| (EBIT / Total Assets ) * 3.3 ( 26.30 Cr / 777.48 Cr ) * 3.3 | 0.112 |
| (Total Revenue / Total Assets ) ( 53.75 Cr / 777.48 Cr ) | 0.069 |
| (Market Cap / Total Liabilities ) *.6 ( 611.40 Cr / 257.47 Cr ) *.6 | 1.42 |
| Altman Z Score | 1.54 |
Altman Z Score Analysis of Agree Realty Corporation
| Altman Z Score Ratio with value of 0.149 was highest in Year Dec-22 in last Five Years. |
| Altman Z Score Ratio with value of 0.091 was lowest in Year Dec-20 in last Five Years. |
| Latest Altman Z Score Ratio with value of 0.114 is lower than Average Altman Z Score of 0.120 in last five years. |
Other Altman Z Score Related Info of ADC that may interest you.
Agree Realty Corporation Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| ADC | 60.76 | 60.26 | 0.830 % | REIT-Retail |
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
| No Significant Stability | |
FY - Historical Altman Z Score of Agree Realty Corporation
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Altman Z Score | 0.114 | 0.149 | 0.103 | 0.091 | 0.140 | 0.162 | 0.216 |
| Change | -23.21 % | 44.30 % | 13.00 % | -34.57 % | -14.06 % | -24.82 % | 19.89 % |
FY Chart of Altman Z Score of Agree Realty Corporation
Note : All Data Generated at the End of Trading Hours (EOD Data)