Altman Z Score analysis of Fifth Third Bancorp, Value 0.240

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Altman Z Score Analysis of Fifth Third Bancorp - Deep Dive

Birds's Eye

Fundamental Analysis of Fifth Third Bancorp

Latest FY Altman Z Score

Period Ending - Dec-23

0.240

Poor Altman Z Score

Period Ending - Dec-22

0.244

Poor Altman Z Score

Growth

-1.75 %

Latest Altman Z Score

Period Ending - 31-May-24

0.319

Poor Altman Z Score

Key Inputs in Deriving Altman Z Score

(Net Working Capital / Total Assets ) * 1.2 ( 0 Cr / 21457.40 Cr ) * 1.2	0
(Retained Earning / Total Assets ) * 1.4 ( 2299.70 Cr / 21457.40 Cr ) * 1.4	0.150
(EBIT / Total Assets ) * 3.3 ( 323.00 Cr / 21457.40 Cr ) * 3.3	0.0497
(Total Revenue / Total Assets ) ( 864.60 Cr / 21457.40 Cr )	0.0403
(Market Cap / Total Liabilities ) .6 ( 2559.70 Cr / 19540.20 Cr ) .6	0.079
Altman Z Score	0.319

Altman Z Score Analysis of Fifth Third Bancorp

Altman Z Score Ratio with value of 0.285 was highest in Year Dec-19 in last Five Years.
Altman Z Score Ratio with value of 0.203 was lowest in Year Dec-20 in last Five Years.
Latest Altman Z Score Ratio with value of 0.240 is lower than Average Altman Z Score of 0.241 in last five years.

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

Fifth Third Bancorp Overview

Code	Price	Previous Price	Price Change	Sector
FITB	37.42	36.75	1.82 %	Banks-Regional

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


Very Low Stability Stock

FY - Historical Altman Z Score of Fifth Third Bancorp

Period	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17
Altman Z Score	0.240	0.244	0.232	0.203	0.285	0.287	0.270
Change	-1.75 %	5.17 %	14.15 %	-28.60 %	-0.711 %	6.50 %	14.95 %

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FY Chart of Altman Z Score of Fifth Third Bancorp

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