Altman Z Score Analysis of CNFinance Holdings Ltd - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Altman Z Score
Period Ending - Dec-23
Poor Altman Z Score
0.523
Period Ending - Dec-22
Poor Altman Z Score
0.445
Growth
17.34 %
Latest Altman Z Score
Period Ending - 17-Jun-24
Poor Altman Z Score
0.528
Key Inputs in Deriving Altman Z Score
| (Net Working Capital / Total Assets ) * 1.2 ( 0 Cr / 1634.72 Cr ) * 1.2 | 0 |
| (Retained Earning / Total Assets ) * 1.4 ( 310.40 Cr / 1634.72 Cr ) * 1.4 | 0.266 |
| (EBIT / Total Assets ) * 3.3 ( 90.96 Cr / 1634.72 Cr ) * 3.3 | 0.184 |
| (Total Revenue / Total Assets ) ( 119.43 Cr / 1634.72 Cr ) | 0.073 |
| (Market Cap / Total Liabilities ) *.6 ( 10.97 Cr / 1233.83 Cr ) *.6 | 0.0053 |
| Altman Z Score | 0.528 |
Altman Z Score Analysis of CNFinance Holdings Ltd
| Altman Z Score Ratio with value of 0.938 was highest in Year Dec-19 in last Five Years. |
| Altman Z Score Ratio with value of 0.445 was lowest in Year Dec-22 in last Five Years. |
| Latest Altman Z Score Ratio with value of 0.523 is lower than Average Altman Z Score of 0.617 in last five years. |
Other Altman Z Score Related Info of CNF that may interest you.
CNFinance Holdings Ltd Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| CNF | 1.6 | 1.665 | 3.90 % | Mortgage Finance |
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
| Poor Stability Stock | |
FY - Historical Altman Z Score of CNFinance Holdings Ltd
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Altman Z Score | 0.523 | 0.445 | 0.518 | 0.663 | 0.938 | 0.803 | 0.609 |
| Change | 17.34 % | -14.02 % | -21.93 % | -29.28 % | 16.77 % | 31.83 % | 10.58 % |
FY Chart of Altman Z Score of CNFinance Holdings Ltd
Note : All Data Generated at the End of Trading Hours (EOD Data)