Altman Z Score analysis of MFS High Yield Municipal TR, Value -0.098

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Altman Z Score Analysis of MFS High Yield Municipal TR - Deep Dive

Birds Eye View of MFS High Yield Municipal TR

Birds's Eye

Fundamental Analysis of MFS High Yield Municipal TR

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

Latest FY Altman Z Score

Period Ending - Nov-23

-0.098

Very Poor Altman Z Score

Period Ending - Nov-22

-0.806

Very Poor Altman Z Score

Growth

87.80 %

Latest Altman Z Score

Period Ending - 31-May-24

0.709

Very Poor Altman Z Score

Key Inputs in Deriving Altman Z Score

(Net Working Capital / Total Assets ) * 1.2 ( 0 Cr / 15.50 Cr ) * 1.2	0
(Retained Earning / Total Assets ) * 1.4 ( -2.21 Cr / 15.50 Cr ) * 1.4	-0.200
(EBIT / Total Assets ) * 3.3 ( 0.428 Cr / 15.50 Cr ) * 3.3	0.091
(Total Revenue / Total Assets ) ( 0.164 Cr / 15.50 Cr )	0.0106
(Market Cap / Total Liabilities ) .6 ( 8.35 Cr / 6.20 Cr ) .6	0.808
Altman Z Score	0.709

Altman Z Score Analysis of MFS High Yield Municipal TR

Altman Z Score Ratio with value of 0.449 was highest in Year Nov-19 in last Five Years.
Altman Z Score Ratio with value of -0.806 was lowest in Year Nov-22 in last Five Years.
Latest Altman Z Score Ratio with value of -0.098 is lower than Average Altman Z Score of -0.0137 in last five years.

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

MFS High Yield Municipal TR Overview

Code	Price	Previous Price	Price Change	Sector
CMU	3.275	3.265	0.306 %	Asset Management

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


Excellent Stability

FY - Historical Altman Z Score of MFS High Yield Municipal TR

Period	Nov-23	Nov-22	Nov-21	Nov-20	Nov-19	Nov-18	Nov-17
Altman Z Score	-0.098	-0.806	0.296	0.091	0.449	0.188	0.280
Change	87.80 %	-372.10 %	224.62 %	-79.65 %	139.04 %	-32.91 %	447.53 %

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FY Chart of Altman Z Score of MFS High Yield Municipal TR

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