Altman Z Score Analysis of Bank of America Corp. (PFD- SS) - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Altman Z Score
Period Ending - Dec-23
Poor Altman Z Score
0.165
Period Ending - Dec-22
Poor Altman Z Score
0.181
Growth
-8.99 %
Latest Altman Z Score
Period Ending - 31-May-24
Poor Altman Z Score
0.165
Key Inputs in Deriving Altman Z Score
| (Net Working Capital / Total Assets ) * 1.2 ( 0 Cr / 318015 Cr ) * 1.2 | 0 |
| (Retained Earning / Total Assets ) * 1.4 ( 22467.20 Cr / 318015 Cr ) * 1.4 | 0.099 |
| (EBIT / Total Assets ) * 3.3 ( 3309.00 Cr / 318015 Cr ) * 3.3 | 0.0343 |
| (Total Revenue / Total Assets ) ( 10115.40 Cr / 318015 Cr ) | 0.0318 |
| (Market Cap / Total Liabilities ) *.6 ( 0 Cr / 288850 Cr ) *.6 | 0 |
| Altman Z Score | 0.165 |
Altman Z Score Analysis of Bank of America Corp. (PFD- SS)
| Altman Z Score Ratio with value of 0.202 was highest in Year Dec-19 in last Five Years. |
| Altman Z Score Ratio with value of 0.144 was lowest in Year Dec-20 in last Five Years. |
| Latest Altman Z Score Ratio with value of 0.165 is lower than Average Altman Z Score of 0.169 in last five years. |
Other Altman Z Score Related Info of BAC-PS that may interest you.
Bank of America Corp. (PFD- SS) Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| BAC-PS | 20.8 | 20.67 | 0.629 % | Banks-Diversified |
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 Bank of America Corp. (PFD- SS)
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Altman Z Score | 0.165 | 0.181 | 0.151 | 0.144 | 0.202 | 0.195 | 0.169 |
| Change | -8.99 % | 19.72 % | 5.45 % | -28.91 % | 3.44 % | 15.56 % | 8.09 % |
FY Chart of Altman Z Score of Bank of America Corp. (PFD- SS)
Note : All Data Generated at the End of Trading Hours (EOD Data)