Altman Z Score Analysis of NetSol Technologies Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Altman Z Score
Period Ending - Jun-23
Very Poor Altman Z Score
-0.431
Period Ending - Jun-22
Poor Altman Z Score
0.520
Growth
-182.88 %
Latest Altman Z Score
Period Ending - 17-May-24
Very Poor Altman Z Score
0.390
Key Inputs in Deriving Altman Z Score
| (Net Working Capital / Total Assets ) * 1.2 ( 2.08 Cr / 5.84 Cr ) * 1.2 | 0.428 |
| (Retained Earning / Total Assets ) * 1.4 ( -4.49 Cr / 5.84 Cr ) * 1.4 | -1.08 |
| (EBIT / Total Assets ) * 3.3 ( -1.20 Cr / 5.84 Cr ) * 3.3 | -0.680 |
| (Total Revenue / Total Assets ) ( 5.24 Cr / 5.84 Cr ) | 0.897 |
| (Market Cap / Total Liabilities ) *.6 ( 2.95 Cr / 2.16 Cr ) *.6 | 0.821 |
| Altman Z Score | 0.390 |
Altman Z Score Analysis of NetSol Technologies Inc
| Altman Z Score Ratio with value of 1.06 was highest in Year Jun-19 in last Five Years. |
| Altman Z Score Ratio of NTWK trending down for at least three Years. |
| Latest Altman Z Score Ratio with value of -0.431 is lower than Average Altman Z Score of 0.467 in last five years. |
Other Altman Z Score Related Info of NTWK that may interest you.
NetSol Technologies Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| NTWK | 2.59 | 2.6 | 0.385 % | 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 NetSol Technologies Inc
| Period | Jun-23 | Jun-22 | Jun-21 | Jun-20 | Jun-19 | Jun-18 | Jun-17 |
|---|---|---|---|---|---|---|---|
| Altman Z Score | -0.431 | 0.520 | 0.574 | 0.616 | 1.06 | 0.682 | 0.217 |
| Change | -182.88 % | -9.42 % | -6.94 % | -41.60 % | 54.77 % | 214.66 % | -23.81 % |
FY Chart of Altman Z Score of NetSol Technologies Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)