Altman Z Score analysis of Heritage Commerce Corp, Value 0.0461

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Altman Z Score Analysis of Heritage Commerce Corp - Deep Dive

Birds Eye View of Heritage Commerce Corp

Birds's Eye

Fundamental Analysis of Heritage Commerce Corp

WARN : Please note that some of the values may not be in base currency

Latest FY Altman Z Score

Period Ending - Dec-23

0.0461

Poor Altman Z Score

Period Ending - Dec-22

0.140

Poor Altman Z Score

Growth

-67.19 %

Latest Altman Z Score

Period Ending - 14-Jun-24

0.109

Poor Altman Z Score

Key Inputs in Deriving Altman Z Score

(Net Working Capital / Total Assets ) * 1.2 ( 0 Cr / 519.41 Cr ) * 1.2	0
(Retained Earning / Total Assets ) * 1.4 ( 17.91 Cr / 519.41 Cr ) * 1.4	0.0483
(EBIT / Total Assets ) * 3.3 ( -0.343 Cr / 519.41 Cr ) * 3.3	-0.0022
(Total Revenue / Total Assets ) ( 0.0009 Cr / 519.41 Cr )	0
(Market Cap / Total Liabilities ) .6 ( 47.66 Cr / 452.12 Cr ) .6	0.063
Altman Z Score	0.109

Altman Z Score Analysis of Heritage Commerce Corp

Altman Z Score Ratio with value of 0.140 was highest in Year Dec-22 in last Five Years.
Altman Z Score Ratio with value of 0.0461 was lowest in Year Dec-23 in last Five Years.
Latest Altman Z Score Ratio with value of 0.0461 is lower than Average Altman Z Score of 0.102 in last five years.

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

Heritage Commerce Corp Overview

Code	Price	Previous Price	Price Change	Sector
HTBK	7.78	7.89	1.39 %	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


No Significant Stability

FY - Historical Altman Z Score of Heritage Commerce Corp

Period	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17
Altman Z Score	0.0461	0.140	0.100	0.102	0.121	0.138	0.134
Change	-67.19 %	39.80 %	-1.95 %	-15.62 %	-12.25 %	3.05 %	3.98 %

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FY Chart of Altman Z Score of Heritage Commerce Corp

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