Altman Z Score Analysis of Dave Inc - Deep Dive


Latest FY Altman Z Score
Period Ending - Dec-23

0.205


Poor Altman Z Score
Period Ending - Dec-22
-0.353

Very Poor Altman Z Score
Growth
158.00 %
Latest Altman Z Score
Period Ending - 17-Jun-24

1.39


Poor Altman Z Score
Key Inputs in Deriving Altman Z Score
(Net Working Capital / Total Assets ) * 1.2 ( 25.13 Cr / 29.40 Cr ) * 1.2 1.03
(Retained Earning / Total Assets ) * 1.4 ( -21.03 Cr / 29.40 Cr ) * 1.4 -1.00
(EBIT / Total Assets ) * 3.3 ( -5.84 Cr / 29.40 Cr ) * 3.3 -0.655
(Total Revenue / Total Assets ) ( 24.56 Cr / 29.40 Cr ) 0.835
(Market Cap / Total Liabilities ) *.6 ( 40.94 Cr / 20.70 Cr ) *.6 1.19
Altman Z Score1.39
Altman Z Score Analysis of Dave Inc
Altman Z Score Ratio with value of 2.06 was highest in Year Dec-19 in last Five Years.
Altman Z Score Ratio with value of -0.353 was lowest in Year Dec-22 in last Five Years.
Latest Altman Z Score Ratio with value of 0.205 is lower than Average Altman Z Score of 0.800 in last five years.
Other Altman Z Score Related Info of DAVE that may interest you.
Dave Inc Overview
CodePricePrevious PricePrice ChangeSector
DAVE37.8337.23 1.61 % Software-Application
Fundamental AnalysisTechnical 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 Formula

Altman Z Score Related Ratios
PiotroskiFScoreDebtToEquityRatio

Tsr Stability Index
Poor Stability Stock
FY - Historical Altman Z Score of Dave Inc
PeriodDec-23Dec-22Dec-21Dec-20Dec-19
Altman Z Score0.205-0.3530.3131.772.06
Change158.00 %-212.74 %-82.35 %-13.95 %
FY Chart of Altman Z Score of Dave Inc


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