Altman Z Score analysis of MFS High Income Municipal TR, Value -0.075

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

Birds Eye View of MFS High Income Municipal TR

Birds's Eye

Fundamental Analysis of MFS High Income 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

-0.075

Very Poor Altman Z Score

Period Ending - Nov-22

-0.815

Very Poor Altman Z Score

Growth

90.80 %

Latest Altman Z Score

Period Ending - 14-Jun-24

0.760

Very Poor Altman Z Score

Key Inputs in Deriving Altman Z Score

(Net Working Capital / Total Assets ) * 1.2 ( 0 Cr / 21.03 Cr ) * 1.2	0
(Retained Earning / Total Assets ) * 1.4 ( -2.76 Cr / 21.03 Cr ) * 1.4	-0.184
(EBIT / Total Assets ) * 3.3 ( 0.620 Cr / 21.03 Cr ) * 3.3	0.097
(Total Revenue / Total Assets ) ( 0.245 Cr / 21.03 Cr )	0.0117
(Market Cap / Total Liabilities ) .6 ( 11.70 Cr / 8.41 Cr ) .6	0.835
Altman Z Score	0.760

Altman Z Score Analysis of MFS High Income Municipal TR

Altman Z Score Ratio with value of 0.382 was highest in Year Nov-19 in last Five Years.
Altman Z Score Ratio with value of -0.815 was lowest in Year Nov-22 in last Five Years.
Latest Altman Z Score Ratio with value of -0.075 is lower than Average Altman Z Score of -0.0259 in last five years.

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

MFS High Income Municipal TR Overview

Code	Price	Previous Price	Price Change	Sector
CXE	3.71	3.69	0.542 %	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 Income Municipal TR

Period	Nov-23	Nov-22	Nov-21	Nov-20	Nov-19	Nov-18	Nov-17
Altman Z Score	-0.075	-0.815	0.287	0.091	0.382	0.126	0.245
Change	90.80 %	-383.49 %	215.01 %	-76.08 %	203.68 %	-48.76 %	870.22 %

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

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