Altman Z Score Analysis of Archrock Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Altman Z Score
Period Ending - Dec-23
Very Poor Altman Z Score
-0.697
Period Ending - Dec-22
Very Poor Altman Z Score
-0.782
Growth
10.89 %
Latest Altman Z Score
Period Ending - 17-Jun-24
Very Poor Altman Z Score
0.289
Key Inputs in Deriving Altman Z Score
| (Net Working Capital / Total Assets ) * 1.2 ( 6.10 Cr / 265.60 Cr ) * 1.2 | 0.0276 |
| (Retained Earning / Total Assets ) * 1.4 ( -249.99 Cr / 265.60 Cr ) * 1.4 | -1.32 |
| (EBIT / Total Assets ) * 3.3 ( 18.96 Cr / 265.60 Cr ) * 3.3 | 0.236 |
| (Total Revenue / Total Assets ) ( 94.96 Cr / 265.60 Cr ) | 0.358 |
| (Market Cap / Total Liabilities ) *.6 ( 293.35 Cr / 178.49 Cr ) *.6 | 0.986 |
| Altman Z Score | 0.289 |
Altman Z Score Analysis of Archrock Inc
| Altman Z Score Ratio of AROC trending up for at least three Years. |
| Altman Z Score Ratio with value of -0.841 was lowest in Year Dec-20 in last Five Years. |
| Latest Altman Z Score Ratio with value of -0.697 is Greater than Average Altman Z Score of -0.725 in last five years. |
Other Altman Z Score Related Info of AROC that may interest you.
Archrock Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| AROC | 18.77 | 18.5 | 1.46 % | Oil & Gas Equipment & Services |
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
| Very Low Stability Stock | |
FY - Historical Altman Z Score of Archrock Inc
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Altman Z Score | -0.697 | -0.782 | -0.814 | -0.841 | -0.491 | -0.682 | -0.864 |
| Change | 10.89 % | 3.88 % | 3.25 % | -71.24 % | 27.95 % | 21.10 % | 9.09 % |
FY Chart of Altman Z Score of Archrock Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)