Altman Z Score Analysis of BlackRock California Municipal IN TR - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Altman Z Score
Period Ending - Oct-23
Very Poor Altman Z Score
-0.0327
Period Ending - Oct-22
Very Poor Altman Z Score
-0.477
Growth
93.15 %
Latest Altman Z Score
Period Ending - 31-May-24
Very Poor Altman Z Score
0.972
Key Inputs in Deriving Altman Z Score
| (Net Working Capital / Total Assets ) * 1.2 ( 0 Cr / 60.17 Cr ) * 1.2 | 0 |
| (Retained Earning / Total Assets ) * 1.4 ( -3.35 Cr / 60.17 Cr ) * 1.4 | -0.078 |
| (EBIT / Total Assets ) * 3.3 ( 0.792 Cr / 60.17 Cr ) * 3.3 | 0.0434 |
| (Total Revenue / Total Assets ) ( 0.114 Cr / 60.17 Cr ) | 0.0019 |
| (Market Cap / Total Liabilities ) *.6 ( 34.72 Cr / 20.74 Cr ) *.6 | 1.00 |
| Altman Z Score | 0.972 |
Altman Z Score Analysis of BlackRock California Municipal IN TR
| Altman Z Score Ratio with value of 0.297 was highest in Year Oct-20 in last Five Years. |
| Altman Z Score Ratio with value of -0.477 was lowest in Year Oct-22 in last Five Years. |
| Latest Altman Z Score Ratio with value of -0.0327 is lower than Average Altman Z Score of 0.069 in last five years. |
Other Altman Z Score Related Info of BFZ that may interest you.
BlackRock California Municipal IN TR Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| BFZ | 11.55 | 11.51 | 0.348 % | Asset Management |
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 BlackRock California Municipal IN TR
| Period | Oct-23 | Oct-22 | Oct-21 | Oct-20 | Oct-19 | Oct-18 | Oct-17 |
|---|---|---|---|---|---|---|---|
| Altman Z Score | -0.0327 | -0.477 | 0.277 | 0.297 | 0.283 | 0.0493 | -0.0174 |
| Change | 93.15 % | -272.53 % | -6.85 % | 4.92 % | 473.86 % | 383.58 % | -105.45 % |
FY Chart of Altman Z Score of BlackRock California Municipal IN TR
Note : All Data Generated at the End of Trading Hours (EOD Data)