Altman Z Score Analysis of Bancolombia SA ADR - Deep Dive
Latest FY Altman Z Score
Period Ending - Dec-23
Poor Altman Z Score
0.318
Period Ending - Dec-22
Poor Altman Z Score
0.268
Growth
18.43 %
Latest Altman Z Score
Period Ending - 17-Jun-24
Poor Altman Z Score
0.318
Key Inputs in Deriving Altman Z Score
(Net Working Capital / Total Assets ) * 1.2 ( 0 Cr / 34292880 Cr ) * 1.2 | 0 |
(Retained Earning / Total Assets ) * 1.4 ( 863221 Cr / 34292880 Cr ) * 1.4 | 0.0352 |
(EBIT / Total Assets ) * 3.3 ( 2083557 Cr / 34292880 Cr ) * 3.3 | 0.201 |
(Total Revenue / Total Assets ) ( 2818582 Cr / 34292880 Cr ) | 0.082 |
(Market Cap / Total Liabilities ) *.6 ( 787.74 Cr / 30387908 Cr ) *.6 | 0.0000 |
Altman Z Score | 0.318 |
Altman Z Score Analysis of Bancolombia SA ADR
Altman Z Score Ratio of CIB trending up for at least three Years. |
Altman Z Score Ratio with value of 0.164 was lowest in Year Dec-20 in last Five Years. |
Latest Altman Z Score Ratio with value of 0.318 is Greater than Average Altman Z Score of 0.241 in last five years. |
Other Altman Z Score Related Info of CIB that may interest you.
Bancolombia SA ADR Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
CIB | 32.76 | 32.46 | 0.924 % | Banks-Regional |
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
Low Stability Stock |
FY - Historical Altman Z Score of Bancolombia SA ADR
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Altman Z Score | 0.318 | 0.268 | 0.193 | 0.164 | 0.263 | 0.228 | 0.278 |
Change | 18.43 % | 39.07 % | 17.97 % | -37.78 % | 15.38 % | -18.13 % | -2.26 % |
FY Chart of Altman Z Score of Bancolombia SA ADR
Note : All Data Generated at the End of Trading Hours (EOD Data)