Altman Z Score Analysis of Biomerica Inc - Deep Dive
Latest FY Altman Z Score
Period Ending - May-23
Very Poor Altman Z Score
-4.47
Period Ending - May-22
Very Poor Altman Z Score
-3.18
Growth
-40.68 %
Latest Altman Z Score
Period Ending - 14-Jun-24
Very Poor Altman Z Score
-2.33
Key Inputs in Deriving Altman Z Score
(Net Working Capital / Total Assets ) * 1.2 ( 1.09 Cr / 1.45 Cr ) * 1.2 | 0.901 |
(Retained Earning / Total Assets ) * 1.4 ( -4.22 Cr / 1.45 Cr ) * 1.4 | -4.09 |
(EBIT / Total Assets ) * 3.3 ( -0.722 Cr / 1.45 Cr ) * 3.3 | -1.65 |
(Total Revenue / Total Assets ) ( 0.534 Cr / 1.45 Cr ) | 0.369 |
(Market Cap / Total Liabilities ) *.6 ( 0.971 Cr / 0.273 Cr ) *.6 | 2.13 |
Altman Z Score | -2.33 |
Altman Z Score Analysis of Biomerica Inc
Altman Z Score Ratio with value of -0.913 was highest in Year May-20 in last Five Years. |
Altman Z Score Ratio with value of -4.99 was lowest in Year May-19 in last Five Years. |
Latest Altman Z Score Ratio with value of -4.47 is lower than Average Altman Z Score of -3.46 in last five years. |
Other Altman Z Score Related Info of BMRA that may interest you.
Biomerica Inc Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
BMRA | 0.577 | 0.56 | 3.04 % | Medical Devices |
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
Mild Stability |
FY - Historical Altman Z Score of Biomerica Inc
Period | May-23 | May-22 | May-21 | May-20 | May-19 | May-18 | May-17 |
---|---|---|---|---|---|---|---|
Altman Z Score | -4.47 | -3.18 | -3.75 | -0.913 | -4.99 | -3.63 | -2.95 |
Change | -40.68 % | 15.35 % | -311.13 % | 81.70 % | -37.57 % | -22.87 % | 7.33 % |
FY Chart of Altman Z Score of Biomerica Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)