Altman Z Score Analysis of Middleby Corp - Deep Dive
Latest FY Altman Z Score
Period Ending - Dec-23
Indecisive Altman Z Score
1.85
Period Ending - Dec-22
Excellent Altman Z Score
67.99
Growth
-97.28 %
Latest Altman Z Score
Period Ending - 17-Jun-24
Indecisive Altman Z Score
2.95
Key Inputs in Deriving Altman Z Score
(Net Working Capital / Total Assets ) * 1.2 ( 111.48 Cr / 690.67 Cr ) * 1.2 | 0.194 |
(Retained Earning / Total Assets ) * 1.4 ( 389.98 Cr / 690.67 Cr ) * 1.4 | 0.790 |
(EBIT / Total Assets ) * 3.3 ( 58.11 Cr / 690.67 Cr ) * 3.3 | 0.278 |
(Total Revenue / Total Assets ) ( 405.97 Cr / 690.67 Cr ) | 0.588 |
(Market Cap / Total Liabilities ) *.6 ( 672.59 Cr / 365.68 Cr ) *.6 | 1.10 |
Altman Z Score | 2.95 |
Altman Z Score Analysis of Middleby Corp
Altman Z Score Ratio with value of 67.99 was highest in Year Dec-22 in last Five Years. |
Altman Z Score Ratio with value of 1.53 was lowest in Year Dec-20 in last Five Years. |
Latest Altman Z Score Ratio with value of 1.85 is lower than Average Altman Z Score of 14.96 in last five years. |
Other Altman Z Score Related Info of MIDD that may interest you.
Middleby Corp Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
MIDD | 125.09 | 123.78 | 1.06 % | Specialty Industrial Machinery |
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 Formula](https://my.stockaio.com/help/template/FinDef/GuruNumbers/AltmanZScore.jpg)
Altman Z Score Related Ratios
PiotroskiFScore | DebtToEquityRatio |
Tsr Stability Index
No Significant Stability |
FY - Historical Altman Z Score of Middleby Corp
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Altman Z Score | 1.85 | 67.99 | 1.68 | 1.53 | 1.76 | 1.70 | 1.98 |
Change | -97.28 % | 3948.36 % | 10.08 % | -13.31 % | 3.59 % | -14.20 % | 1.41 % |
FY Chart of Altman Z Score of Middleby Corp
Note : All Data Generated at the End of Trading Hours (EOD Data)