Altman Z Score Analysis of Clearway Energy Inc. - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Altman Z Score
Period Ending - Dec-23
Poor Altman Z Score
0.256
Period Ending - Dec-22
Poor Altman Z Score
0.491
Growth
-47.95 %
Latest Altman Z Score
Period Ending - 17-May-24
Poor Altman Z Score
0.392
Key Inputs in Deriving Altman Z Score
| (Net Working Capital / Total Assets ) * 1.2 ( 65.40 Cr / 1470.10 Cr ) * 1.2 | 0.053 |
| (Retained Earning / Total Assets ) * 1.4 ( 36.10 Cr / 1470.10 Cr ) * 1.4 | 0.0344 |
| (EBIT / Total Assets ) * 3.3 ( 34.40 Cr / 1470.10 Cr ) * 3.3 | 0.077 |
| (Total Revenue / Total Assets ) ( 133.30 Cr / 1470.10 Cr ) | 0.091 |
| (Market Cap / Total Liabilities ) *.6 ( 220.90 Cr / 970.60 Cr ) *.6 | 0.137 |
| Altman Z Score | 0.392 |
Altman Z Score Analysis of Clearway Energy Inc.
| Altman Z Score Ratio with value of 0.491 was highest in Year Dec-22 in last Five Years. |
| Altman Z Score Ratio with value of 0.0477 was lowest in Year Dec-19 in last Five Years. |
| Latest Altman Z Score Ratio with value of 0.256 is Greater than Average Altman Z Score of 0.246 in last five years. |
Other Altman Z Score Related Info of CWEN that may interest you.
Clearway Energy Inc. Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| CWEN | 26.79 | 27.09 | 1.11 % | Utilities-Renewable |
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
| Very Low Stability Stock | |
FY - Historical Altman Z Score of Clearway Energy Inc.
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Altman Z Score | 0.256 | 0.491 | 0.184 | 0.250 | 0.0477 | 0.283 | 0.254 |
| Change | -47.95 % | 167.00 % | -26.43 % | 423.99 % | -83.15 % | 11.58 % | 0.967 % |
FY Chart of Altman Z Score of Clearway Energy Inc.
Note : All Data Generated at the End of Trading Hours (EOD Data)