Altman Z Score Analysis of Deere & Company - Deep Dive
Latest FY Altman Z Score
Period Ending - Oct-23
Indecisive Altman Z Score
2.18
Period Ending - Oct-22
Indecisive Altman Z Score
2.01
Growth
8.59 %
Latest Altman Z Score
Period Ending - 17-May-24
Indecisive Altman Z Score
2.99
Key Inputs in Deriving Altman Z Score
(Net Working Capital / Total Assets ) * 1.2 ( 3687.00 Cr / 10408.70 Cr ) * 1.2 | 0.425 |
(Retained Earning / Total Assets ) * 1.4 ( 5093.10 Cr / 10408.70 Cr ) * 1.4 | 0.685 |
(EBIT / Total Assets ) * 3.3 ( 1547.20 Cr / 10408.70 Cr ) * 3.3 | 0.491 |
(Total Revenue / Total Assets ) ( 6024.80 Cr / 10408.70 Cr ) | 0.579 |
(Market Cap / Total Liabilities ) *.6 ( 11051.37 Cr / 8220.10 Cr ) *.6 | 0.807 |
Altman Z Score | 2.99 |
Altman Z Score Analysis of Deere & Company
Altman Z Score Ratio of DE trending up for at least three Years. |
Altman Z Score Ratio with value of 1.67 was lowest in Year Oct-20 in last Five Years. |
Latest Altman Z Score Ratio with value of 2.18 is Greater than Average Altman Z Score of 1.90 in last five years. |
Other Altman Z Score Related Info of DE that may interest you.
Deere & Company Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
DE | 397.02 | 394.43 | 0.657 % | Farm & Heavy Construction Machinery |
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 Deere & Company
Period | Oct-23 | Oct-22 | Oct-21 | Oct-20 | Oct-19 | Oct-18 | Oct-17 |
---|---|---|---|---|---|---|---|
Altman Z Score | 2.18 | 2.01 | 1.88 | 1.67 | 1.77 | 1.70 | 1.64 |
Change | 8.59 % | 6.67 % | 12.35 % | -5.24 % | 3.94 % | 3.93 % | 41.20 % |
FY Chart of Altman Z Score of Deere & Company
Note : All Data Generated at the End of Trading Hours (EOD Data)