Altman Z Score Analysis of ICICI Bank Ltd - Deep Dive
WARN : Please note that some of the values may not be in base currency

Latest FY Altman Z Score
Period Ending - Mar-24

0.096


Poor Altman Z Score
Period Ending - Mar-23
0.364

Poor Altman Z Score
Growth
-73.61 %
Latest Altman Z Score
Period Ending - 31-May-24

0.099


Poor Altman Z Score
Key Inputs in Deriving Altman Z Score
(Net Working Capital / Total Assets ) * 1.2 ( 0 Cr / 2364063 Cr ) * 1.2 0
(Retained Earning / Total Assets ) * 1.4 ( 0 Cr / 2364063 Cr ) * 1.4 0
(EBIT / Total Assets ) * 3.3 ( -2746.26 Cr / 2364063 Cr ) * 3.3 -0.0038
(Total Revenue / Total Assets ) ( 236037 Cr / 2364063 Cr ) 0.100
(Market Cap / Total Liabilities ) *.6 ( 9399.48 Cr / 2094030 Cr ) *.6 0.0027
Altman Z Score0.099
Altman Z Score Analysis of ICICI Bank Ltd
Altman Z Score Ratio with value of 0.364 was highest in Year Mar-23 in last Five Years.
Altman Z Score Ratio with value of 0.096 was lowest in Year Mar-24 in last Five Years.
Latest Altman Z Score Ratio with value of 0.096 is lower than Average Altman Z Score of 0.281 in last five years.
Other Altman Z Score Related Info of IBN that may interest you.
ICICI Bank Ltd Overview
CodePricePrevious PricePrice ChangeSector
IBN26.7426.64 0.375 % Banks-Regional
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
Mild Stability
FY - Historical Altman Z Score of ICICI Bank Ltd
PeriodMar-24Mar-23Mar-22Mar-21Mar-20Mar-19Mar-18
Altman Z Score0.0960.3640.2970.3540.2950.2650.277
Change-73.61 %22.64 %-16.30 %20.00 %11.65 %-4.62 %-12.75 %
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FY Chart of Altman Z Score of ICICI Bank Ltd


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