Altman Z Score analysis of CI Financial Corp, Value 0.444

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Altman Z Score Analysis of CI Financial Corp - Deep Dive

Birds's Eye

Fundamental Analysis of CI Financial Corp

WARN : Please note that some of the values may not be in base currency

Latest FY Altman Z Score

Period Ending - Dec-21

0.444

Poor Altman Z Score

Period Ending - Dec-20

0.625

Poor Altman Z Score

Growth

-28.99 %

Latest Altman Z Score

Period Ending - 31-May-24

0.589

Poor Altman Z Score

Key Inputs in Deriving Altman Z Score

(Net Working Capital / Total Assets ) * 1.2 ( -71.24 Cr / 865.96 Cr ) * 1.2	-0.099
(Retained Earning / Total Assets ) * 1.4 ( -22.67 Cr / 865.96 Cr ) * 1.4	-0.0367
(EBIT / Total Assets ) * 3.3 ( 69.28 Cr / 865.96 Cr ) * 3.3	0.264
(Total Revenue / Total Assets ) ( 272.70 Cr / 865.96 Cr )	0.315
(Market Cap / Total Liabilities ) .6 ( 170.31 Cr / 704.40 Cr ) .6	0.145
Altman Z Score	0.589

Altman Z Score Analysis of CI Financial Corp

Altman Z Score Ratio with value of 0.973 was highest in Year Dec-18 in last Five Years.
Altman Z Score Ratio of CIXX trending down for at least three Years.
Latest Altman Z Score Ratio with value of 0.444 is lower than Average Altman Z Score of 0.750 in last five years.

Other Altman Z Score Related Info of CIXX that may interest you.

CI Financial Corp Overview

Code	Price	Previous Price	Price Change	Sector
CIXX	9.28	9.48	2.11 %	Investment Banking & Investment Services

Fundamental Analysis Technical 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 Related Ratios

PiotroskiFScore

DebtToEquityRatio

Tsr Stability Index


Very Low Stability Stock

FY - Historical Altman Z Score of CI Financial Corp

Period	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16	Dec-15
Altman Z Score	0.444	0.625	0.828	0.973	0.879	1.17	1.34
Change	-28.99 %	-24.60 %	-14.90 %	10.71 %	-24.83 %	-12.85 %	-3.28 %

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FY Chart of Altman Z Score of CI Financial Corp

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