Altman Z Score Analysis of CMS Energy Corp - Deep Dive
Latest FY Altman Z Score
Period Ending - Dec-23
Excellent Altman Z Score
5.66
Period Ending - Dec-22
Poor Altman Z Score
0.480
Growth
1079.02 %
Latest Altman Z Score
Period Ending - 17-Jun-24
Excellent Altman Z Score
5.66
Key Inputs in Deriving Altman Z Score
(Net Working Capital / Total Assets ) * 1.2 ( 0 Cr / 278.90 Cr ) * 1.2 | 0 |
(Retained Earning / Total Assets ) * 1.4 ( 217.80 Cr / 278.90 Cr ) * 1.4 | 1.09 |
(EBIT / Total Assets ) * 3.3 ( 159.70 Cr / 278.90 Cr ) * 3.3 | 1.89 |
(Total Revenue / Total Assets ) ( 746.20 Cr / 278.90 Cr ) | 2.68 |
(Market Cap / Total Liabilities ) *.6 ( 0 Cr / 2105.20 Cr ) *.6 | 0 |
Altman Z Score | 5.66 |
Altman Z Score Analysis of CMS Energy Corp
Altman Z Score Ratio with value of 418.53 was highest in Year Dec-21 in last Five Years. |
Altman Z Score Ratio with value of 0.220 was lowest in Year Dec-19 in last Five Years. |
Latest Altman Z Score Ratio with value of 5.66 is lower than Average Altman Z Score of 85.07 in last five years. |
Other Altman Z Score Related Info of CMSC that may interest you.
CMS Energy Corp Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
CMSC | 24.43 | 24.54 | 0.448 % | Multiline Utilities |
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 CMS Energy Corp
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Altman Z Score | 5.66 | 0.480 | 418.53 | 0.470 | 0.220 | 0.243 | 0.254 |
Change | 1079.02 % | -99.89 % | 89028.85 % | 113.64 % | -9.57 % | -4.22 % | -1.66 % |
FY Chart of Altman Z Score of CMS Energy Corp
Note : All Data Generated at the End of Trading Hours (EOD Data)