Altman Z Score Analysis of Kandi Technologies Group Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Altman Z Score
Period Ending - Dec-23
Poor Altman Z Score
0.847
Period Ending - Dec-22
Poor Altman Z Score
0.738
Growth
14.82 %
Latest Altman Z Score
Period Ending - 17-May-24
Poor Altman Z Score
2.16
Key Inputs in Deriving Altman Z Score
| (Net Working Capital / Total Assets ) * 1.2 ( 26.69 Cr / 49.55 Cr ) * 1.2 | 0.646 |
| (Retained Earning / Total Assets ) * 1.4 ( -1.63 Cr / 49.55 Cr ) * 1.4 | -0.0462 |
| (EBIT / Total Assets ) * 3.3 ( -0.346 Cr / 49.55 Cr ) * 3.3 | -0.0231 |
| (Total Revenue / Total Assets ) ( 13.36 Cr / 49.55 Cr ) | 0.270 |
| (Market Cap / Total Liabilities ) *.6 ( 19.48 Cr / 8.89 Cr ) *.6 | 1.31 |
| Altman Z Score | 2.16 |
Altman Z Score Analysis of Kandi Technologies Group Inc
| Altman Z Score Ratio with value of 0.995 was highest in Year Dec-21 in last Five Years. |
| Altman Z Score Ratio with value of 0.481 was lowest in Year Dec-19 in last Five Years. |
| Latest Altman Z Score Ratio with value of 0.847 is Greater than Average Altman Z Score of 0.721 in last five years. |
Other Altman Z Score Related Info of KNDI that may interest you.
Kandi Technologies Group Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| KNDI | 2.23 | 2.24 | 0.446 % | Auto Parts |
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
| Mild Stability | |
FY - Historical Altman Z Score of Kandi Technologies Group Inc
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Altman Z Score | 0.847 | 0.738 | 0.995 | 0.542 | 0.481 | 0.269 | 0.149 |
| Change | 14.82 % | -25.85 % | 83.55 % | 12.57 % | 79.22 % | 80.77 % | -56.63 % |
FY Chart of Altman Z Score of Kandi Technologies Group Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)