Altman Z Score Analysis of Evaxion Biotech AS - Deep Dive


Latest FY Altman Z Score
Period Ending - Dec-23

-17.86


Very Poor Altman Z Score
Period Ending - Dec-22
-7.34

Very Poor Altman Z Score
Growth
-143.13 %
Latest Altman Z Score
Period Ending - 17-May-24

-17.17


Very Poor Altman Z Score
Key Inputs in Deriving Altman Z Score
(Net Working Capital / Total Assets ) * 1.2 ( 0.127 Cr / 1.29 Cr ) * 1.2 0.118
(Retained Earning / Total Assets ) * 1.4 ( -10.80 Cr / 1.29 Cr ) * 1.4 -11.73
(EBIT / Total Assets ) * 3.3 ( -2.44 Cr / 1.29 Cr ) * 3.3 -6.25
(Total Revenue / Total Assets ) ( 0.0073 Cr / 1.29 Cr ) 0.0057
(Market Cap / Total Liabilities ) *.6 ( 2.01 Cr / 1.76 Cr ) *.6 0.686
Altman Z Score-17.17
Altman Z Score Analysis of Evaxion Biotech AS
Altman Z Score Ratio with value of -2.87 was highest in Year Dec-21 in last Five Years.
Altman Z Score Ratio with value of -17.86 was lowest in Year Dec-23 in last Five Years.
Latest Altman Z Score Ratio with value of -17.86 is lower than Average Altman Z Score of -7.89 in last five years.
Other Altman Z Score Related Info of EVAX that may interest you.
Evaxion Biotech AS Overview
CodePricePrevious PricePrice ChangeSector
EVAX3.723.83 2.87 % Biotechnology
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 Evaxion Biotech AS
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
Altman Z Score-17.86-7.34-2.87-7.15-4.21-3.45-0.677
Change-143.13 %-156.14 %59.90 %-69.78 %-21.95 %-410.24 %
FY Chart of Altman Z Score of Evaxion Biotech AS


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