Altman Z Score Analysis of Home Point Capital Inc - Deep Dive


Latest FY Altman Z Score
Period Ending - Dec-22

0.144


Poor Altman Z Score
Period Ending - Dec-21
0.348

Poor Altman Z Score
Growth
-58.71 %
Latest Altman Z Score
Period Ending - 17-Jun-24

0.249


Poor Altman Z Score
Key Inputs in Deriving Altman Z Score
(Net Working Capital / Total Assets ) * 1.2 ( 0 Cr / 243.81 Cr ) * 1.2 0
(Retained Earning / Total Assets ) * 1.4 ( 8.98 Cr / 243.81 Cr ) * 1.4 0.052
(EBIT / Total Assets ) * 3.3 ( -0.950 Cr / 243.81 Cr ) * 3.3 -0.0129
(Total Revenue / Total Assets ) ( 25.56 Cr / 243.81 Cr ) 0.105
(Market Cap / Total Liabilities ) *.6 ( 32.13 Cr / 183.47 Cr ) *.6 0.105
Altman Z Score0.249
Altman Z Score Analysis of Home Point Capital Inc
Altman Z Score Ratio with value of 0.648 was highest in Year Dec-20 in last Five Years.
Altman Z Score Ratio with value of 0.058 was lowest in Year Dec-19 in last Five Years.
Latest Altman Z Score Ratio with value of 0.144 is lower than Average Altman Z Score of 0.258 in last five years.
Other Altman Z Score Related Info of HMPT that may interest you.
Home Point Capital Inc Overview
CodePricePrevious PricePrice ChangeSector
HMPT2.322.32 0 % Mortgage Finance
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 Home Point Capital Inc
PeriodDec-22Dec-21Dec-20Dec-19Dec-18
Altman Z Score0.1440.3480.6480.0580.092
Change-58.71 %-46.38 %1019.41 %-37.25 %
FY Chart of Altman Z Score of Home Point Capital Inc


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