Altman Z Score analysis of DTF Tax Free INC FND, Value 0.0241

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Altman Z Score Analysis of DTF Tax Free INC FND - Deep Dive

Birds's Eye

Fundamental Analysis of DTF Tax Free INC FND

WARN : Please note that some of the values may not be in base currency

Latest FY Altman Z Score

Period Ending - Oct-23

0.0241

Poor Altman Z Score

Period Ending - Oct-22

-0.732

Very Poor Altman Z Score

Growth

103.28 %

Latest Altman Z Score

Period Ending - 31-May-24

637.28

Poor Altman Z Score

Key Inputs in Deriving Altman Z Score

(Net Working Capital / Total Assets ) * 1.2 ( 0 Cr / 8.43 Cr ) * 1.2	0
(Retained Earning / Total Assets ) * 1.4 ( -1.14 Cr / 8.43 Cr ) * 1.4	-0.189
(EBIT / Total Assets ) * 3.3 ( 0.437 Cr / 8.43 Cr ) * 3.3	0.171
(Total Revenue / Total Assets ) ( 0.358 Cr / 8.43 Cr )	0.0425
(Market Cap / Total Liabilities ) .6 ( 7.63 Cr / 0.0072 Cr ) .6	637.26
Altman Z Score	637.28

Altman Z Score Analysis of DTF Tax Free INC FND

Altman Z Score Ratio with value of 0.445 was highest in Year Oct-19 in last Five Years.
Altman Z Score Ratio with value of -0.732 was lowest in Year Oct-22 in last Five Years.
Latest Altman Z Score Ratio with value of 0.0241 is lower than Average Altman Z Score of 0.0327 in last five years.

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

DTF Tax Free INC FND Overview

Code	Price	Previous Price	Price Change	Sector
DTF	10.86	10.78	0.742 %	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 DTF Tax Free INC FND

Period	Oct-23	Oct-22	Oct-21	Oct-20	Oct-19	Oct-18	Oct-17
Altman Z Score	0.0241	-0.732	0.206	0.221	0.445	-0.0206	0.063
Change	103.28 %	-455.83 %	-6.99 %	-50.23 %	2260.31 %	-132.64 %	-77.71 %

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FY Chart of Altman Z Score of DTF Tax Free INC FND

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