Altman Z Score Analysis of Eli Lilly and Company - Deep Dive
Latest FY Altman Z Score
Period Ending - Dec-23
Not Good Altman Z Score
1.21
Period Ending - Dec-22
Not Good Altman Z Score
1.32
Growth
-8.40 %
Latest Altman Z Score
Period Ending - 14-Jun-24
Not Good Altman Z Score
10.63
Key Inputs in Deriving Altman Z Score
(Net Working Capital / Total Assets ) * 1.2 ( -156.62 Cr / 6400.63 Cr ) * 1.2 | -0.0294 |
(Retained Earning / Total Assets ) * 1.4 ( 1031.23 Cr / 6400.63 Cr ) * 1.4 | 0.226 |
(EBIT / Total Assets ) * 3.3 ( 990.12 Cr / 6400.63 Cr ) * 3.3 | 0.510 |
(Total Revenue / Total Assets ) ( 3207.25 Cr / 6400.63 Cr ) | 0.501 |
(Market Cap / Total Liabilities ) *.6 ( 83488.33 Cr / 5314.26 Cr ) *.6 | 9.43 |
Altman Z Score | 10.63 |
Altman Z Score Analysis of Eli Lilly and Company
Altman Z Score Ratio with value of 1.59 was highest in Year Dec-19 in last Five Years. |
Altman Z Score Ratio of LLY trending down for at least three Years. |
Latest Altman Z Score Ratio with value of 1.21 is lower than Average Altman Z Score of 1.38 in last five years. |
Other Altman Z Score Related Info of LLY that may interest you.
Eli Lilly and Company Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
LLY | 878.45 | 883.33 | 0.552 % | Drug Manufacturers-General |
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
Low Stability Stock |
FY - Historical Altman Z Score of Eli Lilly and Company
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Altman Z Score | 1.21 | 1.32 | 1.36 | 1.43 | 1.59 | 1.47 | 1.24 |
Change | -8.40 % | -3.05 % | -4.67 % | -10.15 % | 8.37 % | 17.85 % | -12.97 % |
FY Chart of Altman Z Score of Eli Lilly and Company
Note : All Data Generated at the End of Trading Hours (EOD Data)