Altman Z Score Analysis of Nextera Energy Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Altman Z Score
Period Ending - Dec-23
Poor Altman Z Score
0.441
Period Ending - Dec-22
Poor Altman Z Score
0.372
Growth
18.67 %
Latest Altman Z Score
Period Ending - 31-May-24
Poor Altman Z Score
1.27
Key Inputs in Deriving Altman Z Score
| (Net Working Capital / Total Assets ) * 1.2 ( -1260.20 Cr / 17748.90 Cr ) * 1.2 | -0.085 |
| (Retained Earning / Total Assets ) * 1.4 ( 3023.50 Cr / 17748.90 Cr ) * 1.4 | 0.238 |
| (EBIT / Total Assets ) * 3.3 ( 718.80 Cr / 17748.90 Cr ) * 3.3 | 0.134 |
| (Total Revenue / Total Assets ) ( 2740.00 Cr / 17748.90 Cr ) | 0.154 |
| (Market Cap / Total Liabilities ) *.6 ( 16440.35 Cr / 11972.10 Cr ) *.6 | 0.824 |
| Altman Z Score | 1.27 |
Altman Z Score Analysis of Nextera Energy Inc
| Altman Z Score Ratio with value of 0.579 was highest in Year Dec-19 in last Five Years. |
| Altman Z Score Ratio with value of 0.372 was lowest in Year Dec-22 in last Five Years. |
| Latest Altman Z Score Ratio with value of 0.441 is lower than Average Altman Z Score of 0.458 in last five years. |
Other Altman Z Score Related Info of NEE that may interest you.
Nextera Energy Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| NEE | 80.02 | 78.19 | 2.34 % | Utilities-Regulated Electric |
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
| Very Low Stability Stock | |
FY - Historical Altman Z Score of Nextera Energy Inc
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Altman Z Score | 0.441 | 0.372 | 0.431 | 0.469 | 0.579 | 0.663 | 0.610 |
| Change | 18.67 % | -13.68 % | -8.18 % | -18.90 % | -12.76 % | 8.79 % | -1.30 % |
FY Chart of Altman Z Score of Nextera Energy Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)