Altman Z Score Analysis of CTi Biopharma Corp - Deep Dive
Latest FY Altman Z Score
Period Ending - Dec-22
Very Poor Altman Z Score
-29.49
Period Ending - Dec-21
Very Poor Altman Z Score
-51.21
Growth
42.40 %
Latest Altman Z Score
Period Ending - 14-Jun-24
Very Poor Altman Z Score
-24.48
Key Inputs in Deriving Altman Z Score
(Net Working Capital / Total Assets ) * 1.2 ( 1.83 Cr / 12.59 Cr ) * 1.2 | 0.174 |
(Retained Earning / Total Assets ) * 1.4 ( -251.89 Cr / 12.59 Cr ) * 1.4 | -28.00 |
(EBIT / Total Assets ) * 3.3 ( -7.99 Cr / 12.59 Cr ) * 3.3 | -2.09 |
(Total Revenue / Total Assets ) ( 5.39 Cr / 12.59 Cr ) | 0.428 |
(Market Cap / Total Liabilities ) *.6 ( 119.88 Cr / 14.35 Cr ) *.6 | 5.01 |
Altman Z Score | -24.48 |
Altman Z Score Analysis of CTi Biopharma Corp
Altman Z Score Ratio of CTIC trending up for at least three Years. |
Altman Z Score Ratio with value of -70.70 was lowest in Year Dec-19 in last Five Years. |
Latest Altman Z Score Ratio with value of -29.49 is Greater than Average Altman Z Score of -48.82 in last five years. |
Other Altman Z Score Related Info of CTIC that may interest you.
CTi Biopharma Corp Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
CTIC | 9.09 | 9.09 | 0 % | Biotechnology |
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 Formula Altman Z Score Formula](https://my.stockaio.com/help/template/FinDef/GuruNumbers/AltmanZScore.jpg)
Altman Z Score Related Ratios
PiotroskiFScore | DebtToEquityRatio |
Tsr Stability Index
Poor Stability Stock |
FY - Historical Altman Z Score of CTi Biopharma Corp
Period | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 |
---|---|---|---|---|---|---|---|
Altman Z Score | -29.49 | -51.21 | -58.11 | -70.70 | -34.60 | -57.26 | -48.80 |
Change | 42.40 % | 11.87 % | 17.82 % | -104.35 % | 39.57 % | -17.34 % | -112.95 % |
FY Chart of Altman Z Score of CTi Biopharma Corp
Note : All Data Generated at the End of Trading Hours (EOD Data)