Altman Z Score Analysis of American Software Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Altman Z Score
Period Ending - Apr-24
Poor Altman Z Score
0.603
Period Ending - Apr-23
Not Good Altman Z Score
1.18
Growth
-48.75 %
Latest Altman Z Score
Period Ending - 17-Jun-24
Poor Altman Z Score
3.37
Key Inputs in Deriving Altman Z Score
| (Net Working Capital / Total Assets ) * 1.2 ( 0 Cr / 19.24 Cr ) * 1.2 | 0 |
| (Retained Earning / Total Assets ) * 1.4 ( 0 Cr / 19.24 Cr ) * 1.4 | 0 |
| (EBIT / Total Assets ) * 3.3 ( 0.411 Cr / 19.24 Cr ) * 3.3 | 0.070 |
| (Total Revenue / Total Assets ) ( 10.25 Cr / 19.24 Cr ) | 0.533 |
| (Market Cap / Total Liabilities ) *.6 ( 28.60 Cr / 6.20 Cr ) *.6 | 2.77 |
| Altman Z Score | 3.37 |
Altman Z Score Analysis of American Software Inc
| Altman Z Score Ratio with value of 1.39 was highest in Year Apr-22 in last Five Years. |
| Altman Z Score Ratio with value of 0.603 was lowest in Year Apr-24 in last Five Years. |
| Latest Altman Z Score Ratio with value of 0.603 is lower than Average Altman Z Score of 1.15 in last five years. |
Other Altman Z Score Related Info of AMSWA that may interest you.
American Software Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| AMSWA | 9.11 | 9.08 | 0.330 % | Software-Application |
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
| Excellent Stability | |
FY - Historical Altman Z Score of American Software Inc
| Period | Apr-24 | Apr-23 | Apr-22 | Apr-21 | Apr-20 | Apr-19 | Apr-18 |
|---|---|---|---|---|---|---|---|
| Altman Z Score | 0.603 | 1.18 | 1.39 | 1.26 | 1.31 | 1.37 | 1.52 |
| Change | -48.75 % | -15.59 % | 10.40 % | -3.51 % | -4.78 % | -9.75 % | -15.58 % |
FY Chart of Altman Z Score of American Software Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)