Altman Z Score Analysis of Tekla Healthcare Investors - Deep Dive
Latest FY Altman Z Score
Period Ending - Sep-23
Poor Altman Z Score
0.271
Period Ending - Sep-22
Very Poor Altman Z Score
-0.862
Growth
131.40 %
Latest Altman Z Score
Period Ending - 31-May-24
Poor Altman Z Score
438.16
Key Inputs in Deriving Altman Z Score
(Net Working Capital / Total Assets ) * 1.2 ( 0 Cr / 93.25 Cr ) * 1.2 | 0 |
(Retained Earning / Total Assets ) * 1.4 ( 0.597 Cr / 93.25 Cr ) * 1.4 | 0.0090 |
(EBIT / Total Assets ) * 3.3 ( 5.63 Cr / 93.25 Cr ) * 3.3 | 0.199 |
(Total Revenue / Total Assets ) ( 5.81 Cr / 93.25 Cr ) | 0.062 |
(Market Cap / Total Liabilities ) *.6 ( 83.83 Cr / 0.115 Cr ) *.6 | 437.89 |
Altman Z Score | 438.16 |
Altman Z Score Analysis of Tekla Healthcare Investors
Altman Z Score Ratio with value of 1.30 was highest in Year Sep-20 in last Five Years. |
Altman Z Score Ratio with value of -0.862 was lowest in Year Sep-22 in last Five Years. |
Latest Altman Z Score Ratio with value of 0.271 is Greater than Average Altman Z Score of 0.210 in last five years. |
Other Altman Z Score Related Info of HQH that may interest you.
Tekla Healthcare Investors Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
HQH | 16.56 | 16.4 | 0.976 % | Asset Management |
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
Excellent Stability |
FY - Historical Altman Z Score of Tekla Healthcare Investors
Period | Sep-23 | Sep-22 | Sep-21 | Sep-20 | Sep-19 | Sep-18 | Sep-17 |
---|---|---|---|---|---|---|---|
Altman Z Score | 0.271 | -0.862 | 0.933 | 1.30 | -0.591 | 0.659 | 0.490 |
Change | 131.40 % | -192.43 % | -28.35 % | 320.34 % | -189.62 % | 34.47 % | 40.89 % |
FY Chart of Altman Z Score of Tekla Healthcare Investors
Note : All Data Generated at the End of Trading Hours (EOD Data)