Altman Z Score Analysis of Innovative Intl Acq Corp. - Deep Dive


Latest FY Altman Z Score
Period Ending - Dec-22

-97.99


Very Poor Altman Z Score
Period Ending - Dec-21
2.00

Indecisive Altman Z Score
Growth
-4996.84 %
Latest Altman Z Score
Period Ending - 31-May-24

641.81


Very Poor Altman Z Score
Key Inputs in Deriving Altman Z Score
(Net Working Capital / Total Assets ) * 1.2 ( -0.671 Cr / 0.0238 Cr ) * 1.2 -33.79
(Retained Earning / Total Assets ) * 1.4 ( -0.0019 Cr / 0.0238 Cr ) * 1.4 -0.111
(EBIT / Total Assets ) * 3.3 ( -0.463 Cr / 0.0238 Cr ) * 3.3 -64.08
(Total Revenue / Total Assets ) ( 0 Cr / 0.0238 Cr ) 0
(Market Cap / Total Liabilities ) *.6 ( 2.35 Cr / 0.0019 Cr ) *.6 739.80
Altman Z Score641.81
Other Altman Z Score Related Info of IOAC that may interest you.
Innovative Intl Acq Corp. Overview
CodePricePrevious PricePrice ChangeSector
IOAC9.611.48 16.38 % Shell Companies
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 Innovative Intl Acq Corp.
PeriodDec-22Dec-21
Altman Z Score-97.992.00
Change-4996.84 %
FY Chart of Altman Z Score of Innovative Intl Acq Corp.


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