Altman Z Score Analysis of Greenlight Capital Re Ltd - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Altman Z Score
Period Ending - Dec-23
Poor Altman Z Score
0.639
Period Ending - Dec-22
Poor Altman Z Score
0.215
Growth
196.71 %
Latest Altman Z Score
Period Ending - 14-Jun-24
Poor Altman Z Score
0.876
Key Inputs in Deriving Altman Z Score
| (Net Working Capital / Total Assets ) * 1.2 ( 0 Cr / 173.53 Cr ) * 1.2 | 0 |
| (Retained Earning / Total Assets ) * 1.4 ( 10.80 Cr / 173.53 Cr ) * 1.4 | 0.087 |
| (EBIT / Total Assets ) * 3.3 ( 10.87 Cr / 173.53 Cr ) * 3.3 | 0.207 |
| (Total Revenue / Total Assets ) ( 59.89 Cr / 173.53 Cr ) | 0.345 |
| (Market Cap / Total Liabilities ) *.6 ( 45.03 Cr / 113.92 Cr ) *.6 | 0.237 |
| Altman Z Score | 0.876 |
Altman Z Score Analysis of Greenlight Capital Re Ltd
| Altman Z Score Ratio with value of 0.639 was highest in Year Dec-23 in last Five Years. |
| Altman Z Score Ratio with value of -0.0371 was lowest in Year Dec-19 in last Five Years. |
| Latest Altman Z Score Ratio with value of 0.639 is Greater than Average Altman Z Score of 0.249 in last five years. |
Other Altman Z Score Related Info of GLRE that may interest you.
Greenlight Capital Re Ltd Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| GLRE | 12.75 | 12.87 | 0.932 % | Insurance-Reinsurance |
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
| Mild Stability | |
FY - Historical Altman Z Score of Greenlight Capital Re Ltd
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Altman Z Score | 0.639 | 0.215 | 0.084 | 0.343 | -0.0371 | -1.07 | 0.145 |
| Change | 196.71 % | 155.45 % | -75.39 % | 1024.53 % | 96.53 % | -838.96 % | -63.85 % |
FY Chart of Altman Z Score of Greenlight Capital Re Ltd
Note : All Data Generated at the End of Trading Hours (EOD Data)