Altman Z Score Analysis of Algonquin Power Utilities Corp - Deep Dive
WARN : Please note that some of the values may not be in base currency

Latest FY Altman Z Score
Period Ending - Dec-23

0.142


Poor Altman Z Score
Period Ending - Dec-22
0.149

Poor Altman Z Score
Growth
-4.45 %
Latest Altman Z Score
Period Ending - 17-May-24

0.142


Poor Altman Z Score
Key Inputs in Deriving Altman Z Score
(Net Working Capital / Total Assets ) * 1.2 ( 0 Cr / 1828.00 Cr ) * 1.2 0
(Retained Earning / Total Assets ) * 1.4 ( -127.31 Cr / 1828.00 Cr ) * 1.4 -0.098
(EBIT / Total Assets ) * 3.3 ( 49.67 Cr / 1828.00 Cr ) * 3.3 0.090
(Total Revenue / Total Assets ) ( 273.73 Cr / 1828.00 Cr ) 0.150
(Market Cap / Total Liabilities ) *.6 ( 0 Cr / 1137.27 Cr ) *.6 0
Altman Z Score0.142
Altman Z Score Analysis of Algonquin Power Utilities Corp
Altman Z Score Ratio with value of 0.229 was highest in Year Dec-20 in last Five Years.
Altman Z Score Ratio of AQNB trending down for at least three Years.
Latest Altman Z Score Ratio with value of 0.142 is lower than Average Altman Z Score of 0.177 in last five years.
Other Altman Z Score Related Info of AQNB that may interest you.
Algonquin Power Utilities Corp Overview
CodePricePrevious PricePrice ChangeSector
AQNB25.1125.07 0.160 % Multiline Utilities
Fundamental AnalysisTechnical Analysis
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 Formula

Altman Z Score Related Ratios
PiotroskiFScoreDebtToEquityRatio

Tsr Stability Index
Mild Stability
FY - Historical Altman Z Score of Algonquin Power Utilities Corp
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
Altman Z Score0.1420.1490.1720.2290.1930.0880.069
Change-4.45 %-13.45 %-25.04 %18.38 %120.44 %26.28 %161.96 %
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FY Chart of Altman Z Score of Algonquin Power Utilities Corp


Note : All Data Generated at the End of Trading Hours (EOD Data)