Altman Z Score Analysis of Fonar Corporation - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Altman Z Score
Period Ending - Jun-23
Excellent Altman Z Score
548.61
Period Ending - Jun-22
Not Good Altman Z Score
1.17
Growth
46758.78 %
Latest Altman Z Score
Period Ending - 17-Jun-24
Excellent Altman Z Score
549.79
Key Inputs in Deriving Altman Z Score
| (Net Working Capital / Total Assets ) * 1.2 ( 11.00 Cr / 0.0395 Cr ) * 1.2 | 334.49 |
| (Retained Earning / Total Assets ) * 1.4 ( -2.42 Cr / 0.0395 Cr ) * 1.4 | -85.79 |
| (EBIT / Total Assets ) * 3.3 ( 0.598 Cr / 0.0395 Cr ) * 3.3 | 50.03 |
| (Total Revenue / Total Assets ) ( 9.86 Cr / 0.0395 Cr ) | 249.89 |
| (Market Cap / Total Liabilities ) *.6 ( 9.72 Cr / 4.98 Cr ) *.6 | 1.17 |
| Altman Z Score | 549.79 |
Altman Z Score Analysis of Fonar Corporation
| Altman Z Score Ratio of FONR trending up for at least three Years. |
| Altman Z Score Ratio with value of 0.750 was lowest in Year Jun-20 in last Five Years. |
| Latest Altman Z Score Ratio with value of 548.61 is Greater than Average Altman Z Score of 110.51 in last five years. |
Other Altman Z Score Related Info of FONR that may interest you.
Fonar Corporation Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| FONR | 15.36 | 15.05 | 2.06 % | Medical Devices |
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
| Poor Stability Stock | |
FY - Historical Altman Z Score of Fonar Corporation
| Period | Jun-23 | Jun-22 | Jun-21 | Jun-20 | Jun-19 | Jun-18 | Jun-17 |
|---|---|---|---|---|---|---|---|
| Altman Z Score | 548.61 | 1.17 | 0.947 | 0.750 | 1.05 | 0.716 | 0.345 |
| Change | 46758.78 % | 23.65 % | 26.28 % | -28.28 % | 46.03 % | 107.43 % | 151.50 % |
FY Chart of Altman Z Score of Fonar Corporation
Note : All Data Generated at the End of Trading Hours (EOD Data)