Altman Z Score Analysis of Natwest Group PLC - Deep Dive
Latest FY Altman Z Score
Period Ending - Dec-23
Poor Altman Z Score
0.125
Period Ending - Dec-22
Poor Altman Z Score
0.073
Growth
70.64 %
Latest Altman Z Score
Period Ending - 17-Jun-24
Poor Altman Z Score
0.155
Key Inputs in Deriving Altman Z Score
(Net Working Capital / Total Assets ) * 1.2 ( 0 Cr / 69267.30 Cr ) * 1.2 | 0 |
(Retained Earning / Total Assets ) * 1.4 ( 2152.60 Cr / 69267.30 Cr ) * 1.4 | 0.0435 |
(EBIT / Total Assets ) * 3.3 ( 1247.70 Cr / 69267.30 Cr ) * 3.3 | 0.059 |
(Total Revenue / Total Assets ) ( 1511.90 Cr / 69267.30 Cr ) | 0.0218 |
(Market Cap / Total Liabilities ) *.6 ( 3343.13 Cr / 65937.50 Cr ) *.6 | 0.0304 |
Altman Z Score | 0.155 |
Altman Z Score Analysis of Natwest Group PLC
Altman Z Score Ratio of NWG trending up for at least three Years. |
Altman Z Score Ratio with value of 0.0443 was lowest in Year Dec-20 in last Five Years. |
Latest Altman Z Score Ratio with value of 0.125 is Greater than Average Altman Z Score of 0.076 in last five years. |
Other Altman Z Score Related Info of NWG that may interest you.
Natwest Group PLC Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
NWG | 8.03 | 7.94 | 1.13 % | Banks-Diversified |
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
Poor Stability Stock |
FY - Historical Altman Z Score of Natwest Group PLC
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Altman Z Score | 0.125 | 0.073 | 0.062 | 0.0443 | 0.077 | 0.075 | 0.069 |
Change | 70.64 % | 18.50 % | 39.14 % | -42.32 % | 1.90 % | 9.71 % | 609.85 % |
FY Chart of Altman Z Score of Natwest Group PLC
Note : All Data Generated at the End of Trading Hours (EOD Data)