Altman Z Score Analysis of Forafric Global PLC Ordinary Shares - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Altman Z Score
Period Ending - Dec-23
Very Poor Altman Z Score
-0.0346
Period Ending - Dec-22
Poor Altman Z Score
0.073
Growth
-147.57 %
Latest Altman Z Score
Period Ending - 31-May-24
Very Poor Altman Z Score
0.605
Key Inputs in Deriving Altman Z Score
| (Net Working Capital / Total Assets ) * 1.2 ( -13.20 Cr / 30.95 Cr ) * 1.2 | -0.512 |
| (Retained Earning / Total Assets ) * 1.4 ( -11.54 Cr / 30.95 Cr ) * 1.4 | -0.522 |
| (EBIT / Total Assets ) * 3.3 ( 0.113 Cr / 30.95 Cr ) * 3.3 | 0.0121 |
| (Total Revenue / Total Assets ) ( 30.55 Cr / 30.95 Cr ) | 0.987 |
| (Market Cap / Total Liabilities ) *.6 ( 29.86 Cr / 28.02 Cr ) *.6 | 0.639 |
| Altman Z Score | 0.605 |
Altman Z Score Analysis of Forafric Global PLC Ordinary Shares
| Altman Z Score Ratio with value of 0.430 was highest in Year Dec-19 in last Five Years. |
| Altman Z Score Ratio with value of -0.0346 was lowest in Year Dec-23 in last Five Years. |
| Latest Altman Z Score Ratio with value of -0.0346 is lower than Average Altman Z Score of 0.157 in last five years. |
Other Altman Z Score Related Info of AFRI that may interest you.
Forafric Global PLC Ordinary Shares Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| AFRI | 11.11 | 11.14 | 0.269 % | Farm Products |
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
| Poor Stability Stock | |
FY - Historical Altman Z Score of Forafric Global PLC Ordinary Shares
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 |
|---|---|---|---|---|---|
| Altman Z Score | -0.0346 | 0.073 | 0.166 | 0.149 | 0.430 |
| Change | -147.57 % | -56.26 % | 11.77 % | -65.42 % |
FY Chart of Altman Z Score of Forafric Global PLC Ordinary Shares
Note : All Data Generated at the End of Trading Hours (EOD Data)