Altman Z Score Analysis of Mitek Systems Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Altman Z Score
Period Ending - Sep-23
Poor Altman Z Score
0.910
Period Ending - Sep-22
Poor Altman Z Score
0.592
Growth
53.73 %
Latest Altman Z Score
Period Ending - 17-May-24
Poor Altman Z Score
2.84
Key Inputs in Deriving Altman Z Score
| (Net Working Capital / Total Assets ) * 1.2 ( 13.85 Cr / 36.04 Cr ) * 1.2 | 0.461 |
| (Retained Earning / Total Assets ) * 1.4 ( -1.80 Cr / 36.04 Cr ) * 1.4 | -0.070 |
| (EBIT / Total Assets ) * 3.3 ( 1.30 Cr / 36.04 Cr ) * 3.3 | 0.119 |
| (Total Revenue / Total Assets ) ( 14.39 Cr / 36.04 Cr ) | 0.399 |
| (Market Cap / Total Liabilities ) *.6 ( 61.01 Cr / 19.01 Cr ) *.6 | 1.93 |
| Altman Z Score | 2.84 |
Altman Z Score Analysis of Mitek Systems Inc
| Altman Z Score Ratio with value of 1.09 was highest in Year Sep-20 in last Five Years. |
| Altman Z Score Ratio with value of 0.592 was lowest in Year Sep-22 in last Five Years. |
| Latest Altman Z Score Ratio with value of 0.910 is Greater than Average Altman Z Score of 0.810 in last five years. |
Other Altman Z Score Related Info of MITK that may interest you.
Mitek Systems Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| MITK | 13.04 | 13.86 | 5.92 % | Software-Application |
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 Mitek Systems Inc
| Period | Sep-23 | Sep-22 | Sep-21 | Sep-20 | Sep-19 | Sep-18 | Sep-17 |
|---|---|---|---|---|---|---|---|
| Altman Z Score | 0.910 | 0.592 | 0.848 | 1.09 | 0.612 | 0.204 | 1.13 |
| Change | 53.73 % | -30.24 % | -22.23 % | 78.15 % | 199.68 % | -81.92 % | 1924.52 % |
FY Chart of Altman Z Score of Mitek Systems Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)