Altman Z Score Analysis of ADDvantage Tech Grp Inc. - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Altman Z Score
Period Ending - Sep-22
Very Good Altman Z Score
4.73
Period Ending - Sep-21
Indecisive Altman Z Score
2.36
Growth
100.86 %
Latest Altman Z Score
Period Ending - 31-May-24
Very Good Altman Z Score
4.75
Key Inputs in Deriving Altman Z Score
| (Net Working Capital / Total Assets ) * 1.2 ( 0.812 Cr / 2.54 Cr ) * 1.2 | 0.383 |
| (Retained Earning / Total Assets ) * 1.4 ( 0.885 Cr / 2.54 Cr ) * 1.4 | 0.487 |
| (EBIT / Total Assets ) * 3.3 ( 0.0336 Cr / 2.54 Cr ) * 3.3 | 0.0436 |
| (Total Revenue / Total Assets ) ( 9.70 Cr / 2.54 Cr ) | 3.82 |
| (Market Cap / Total Liabilities ) *.6 ( 0.054 Cr / 1.61 Cr ) *.6 | 0.0200 |
| Altman Z Score | 4.75 |
Altman Z Score Analysis of ADDvantage Tech Grp Inc.
| Altman Z Score Ratio with value of 4.73 was highest in Year Sep-22 in last Five Years. |
| Altman Z Score Ratio with value of 0.835 was lowest in Year Sep-20 in last Five Years. |
| Latest Altman Z Score Ratio with value of 4.73 is Greater than Average Altman Z Score of 2.63 in last five years. |
Other Altman Z Score Related Info of AEY that may interest you.
ADDvantage Tech Grp Inc. Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| AEY | 0.36 | 0.6 | 40.00 % | Electronics & Computer Distribution |
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 ADDvantage Tech Grp Inc.
| Period | Sep-22 | Sep-21 | Sep-20 | Sep-19 | Sep-18 | Sep-17 | Sep-16 |
|---|---|---|---|---|---|---|---|
| Altman Z Score | 4.73 | 2.36 | 0.835 | 2.73 | 2.50 | 2.60 | 2.14 |
| Change | 100.86 % | 181.88 % | -69.40 % | 9.00 % | -3.78 % | 21.83 % | -6.07 % |
FY Chart of Altman Z Score of ADDvantage Tech Grp Inc.
Note : All Data Generated at the End of Trading Hours (EOD Data)