Altman Z Score Analysis of CorVel Corp - Deep Dive
Latest FY Altman Z Score
Period Ending - Mar-24
Excellent Altman Z Score
5.05
Period Ending - Mar-23
Excellent Altman Z Score
5.13
Growth
-1.67 %
Latest Altman Z Score
Period Ending - 31-May-24
Excellent Altman Z Score
16.95
Key Inputs in Deriving Altman Z Score
(Net Working Capital / Total Assets ) * 1.2 ( 11.77 Cr / 45.47 Cr ) * 1.2 | 0.311 |
(Retained Earning / Total Assets ) * 1.4 ( 80.79 Cr / 45.47 Cr ) * 1.4 | 2.49 |
(EBIT / Total Assets ) * 3.3 ( 6.88 Cr / 45.47 Cr ) * 3.3 | 0.500 |
(Total Revenue / Total Assets ) ( 79.53 Cr / 45.47 Cr ) | 1.75 |
(Market Cap / Total Liabilities ) *.6 ( 410.67 Cr / 20.70 Cr ) *.6 | 11.90 |
Altman Z Score | 16.95 |
Altman Z Score Analysis of CorVel Corp
Altman Z Score Ratio with value of 5.13 was highest in Year Mar-23 in last Five Years. |
Altman Z Score Ratio with value of 3.98 was lowest in Year Mar-20 in last Five Years. |
Latest Altman Z Score Ratio with value of 5.05 is Greater than Average Altman Z Score of 4.59 in last five years. |
Other Altman Z Score Related Info of CRVL that may interest you.
CorVel Corp Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
CRVL | 239.85 | 240.15 | 0.125 % | Insurance Brokers |
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 CorVel Corp
Period | Mar-24 | Mar-23 | Mar-22 | Mar-21 | Mar-20 | Mar-19 | Mar-18 |
---|---|---|---|---|---|---|---|
Altman Z Score | 5.05 | 5.13 | 4.74 | 4.04 | 3.98 | 5.11 | 5.24 |
Change | -1.67 % | 8.25 % | 17.49 % | 1.41 % | -22.08 % | -2.59 % | -2.63 % |
FY Chart of Altman Z Score of CorVel Corp
Note : All Data Generated at the End of Trading Hours (EOD Data)