Altman Z Score Analysis of Cardio Diagnostics HLDG WT - 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

-85.00


Very Poor Altman Z Score
Period Ending - Dec-22
-2.78

Very Poor Altman Z Score
Growth
-2961.06 %
Latest Altman Z Score
Period Ending - 17-May-24

-85.00


Very Poor Altman Z Score
Key Inputs in Deriving Altman Z Score
(Net Working Capital / Total Assets ) * 1.2 ( 0.192 Cr / 0.058 Cr ) * 1.2 4.01
(Retained Earning / Total Assets ) * 1.4 ( -1.44 Cr / 0.058 Cr ) * 1.4 -34.97
(EBIT / Total Assets ) * 3.3 ( -0.942 Cr / 0.058 Cr ) * 3.3 -54.06
(Total Revenue / Total Assets ) ( 0.0013 Cr / 0.058 Cr ) 0.0221
(Market Cap / Total Liabilities ) *.6 ( 0 Cr / 0.150 Cr ) *.6 0
Altman Z Score-85.00
Other Altman Z Score Related Info of CDIOW that may interest you.
Cardio Diagnostics HLDG WT Overview
CodePricePrevious PricePrice ChangeSector
CDIOW0.05510.07 21.29 % Biotechnology
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
Low Stability Stock
FY - Historical Altman Z Score of Cardio Diagnostics HLDG WT
PeriodDec-23Dec-22Dec-21Dec-20
Altman Z Score-85.00-2.78-2.71-7.11
Change-2961.06 %-2.48 %61.88 %
FY Chart of Altman Z Score of Cardio Diagnostics HLDG WT


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