Altman Z Score Analysis of Elite Education Group Intl Ltd. - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Altman Z Score
Period Ending - Sep-23
Very Poor Altman Z Score
-1.46
Period Ending - Sep-22
Very Poor Altman Z Score
-0.320
Growth
-354.70 %
Latest Altman Z Score
Period Ending - 31-May-24
Very Poor Altman Z Score
-0.704
Key Inputs in Deriving Altman Z Score
| (Net Working Capital / Total Assets ) * 1.2 ( 0.183 Cr / 1.92 Cr ) * 1.2 | 0.114 |
| (Retained Earning / Total Assets ) * 1.4 ( -0.907 Cr / 1.92 Cr ) * 1.4 | -0.661 |
| (EBIT / Total Assets ) * 3.3 ( -0.703 Cr / 1.92 Cr ) * 3.3 | -1.21 |
| (Total Revenue / Total Assets ) ( 0.571 Cr / 1.92 Cr ) | 0.297 |
| (Market Cap / Total Liabilities ) *.6 ( 1.04 Cr / 0.828 Cr ) *.6 | 0.752 |
| Altman Z Score | -0.704 |
Altman Z Score Analysis of Elite Education Group Intl Ltd.
| Altman Z Score Ratio with value of 1.76 was highest in Year Sep-20 in last Five Years. |
| Altman Z Score Ratio of EEIQ trending down for at least three Years. |
| Latest Altman Z Score Ratio with value of -1.46 is lower than Average Altman Z Score of 0.505 in last five years. |
Other Altman Z Score Related Info of EEIQ that may interest you.
Elite Education Group Intl Ltd. Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| EEIQ | 0.837 | 0.9 | 7.00 % | Education & Training Services |
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
| No Significant Stability | |
FY - Historical Altman Z Score of Elite Education Group Intl Ltd.
| Period | Sep-23 | Sep-22 | Sep-21 | Sep-20 | Sep-19 | Sep-18 | Sep-17 |
|---|---|---|---|---|---|---|---|
| Altman Z Score | -1.46 | -0.320 | 0.793 | 1.76 | 1.74 | 1.29 | |
| Change | -354.70 % | -140.41 % | -55.07 % | 1.14 % | 35.32 % | 0 % |
FY Chart of Altman Z Score of Elite Education Group Intl Ltd.
Note : All Data Generated at the End of Trading Hours (EOD Data)