Altman Z Score Analysis of iPower Inc - Deep Dive


Latest FY Altman Z Score
Period Ending - Jun-23

0.850


Poor Altman Z Score
Period Ending - Jun-22
1.63

Not Good Altman Z Score
Growth
-47.72 %
Latest Altman Z Score
Period Ending - 31-May-24

1.91


Poor Altman Z Score
Key Inputs in Deriving Altman Z Score
(Net Working Capital / Total Assets ) * 1.2 ( 1.79 Cr / 6.01 Cr ) * 1.2 0.358
(Retained Earning / Total Assets ) * 1.4 ( -0.870 Cr / 6.01 Cr ) * 1.4 -0.203
(EBIT / Total Assets ) * 3.3 ( -1.43 Cr / 6.01 Cr ) * 3.3 -0.784
(Total Revenue / Total Assets ) ( 8.89 Cr / 6.01 Cr ) 1.48
(Market Cap / Total Liabilities ) *.6 ( 6.95 Cr / 3.92 Cr ) *.6 1.06
Altman Z Score1.91
Altman Z Score Analysis of iPower Inc
Altman Z Score Ratio with value of 4.12 was highest in Year Jun-20 in last Five Years.
Altman Z Score Ratio of IPW trending down for at least three Years.
Latest Altman Z Score Ratio with value of 0.850 is lower than Average Altman Z Score of 2.41 in last five years.
Other Altman Z Score Related Info of IPW that may interest you.
iPower Inc Overview
CodePricePrevious PricePrice ChangeSector
IPW2.332.38 2.10 % Internet Retail
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
No Significant Stability
FY - Historical Altman Z Score of iPower Inc
PeriodJun-23Jun-22Jun-21Jun-20Jun-19
Altman Z Score0.8501.632.374.123.08
Change-47.72 %-31.34 %-42.50 %33.70 %
FY Chart of Altman Z Score of iPower Inc


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