Altman Z Score Analysis of News Corp B - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Altman Z Score
Period Ending - Jun-23
Poor Altman Z Score
0.213
Period Ending - Jun-22
Poor Altman Z Score
0.605
Growth
-64.78 %
Latest Altman Z Score
Period Ending - 17-Jun-24
Poor Altman Z Score
0.606
Key Inputs in Deriving Altman Z Score
| (Net Working Capital / Total Assets ) * 1.2 ( 56.80 Cr / 1692.10 Cr ) * 1.2 | 0.0403 |
| (Retained Earning / Total Assets ) * 1.4 ( -214.40 Cr / 1692.10 Cr ) * 1.4 | -0.177 |
| (EBIT / Total Assets ) * 3.3 ( -119.80 Cr / 1692.10 Cr ) * 3.3 | -0.234 |
| (Total Revenue / Total Assets ) ( 987.90 Cr / 1692.10 Cr ) | 0.584 |
| (Market Cap / Total Liabilities ) *.6 ( 522.94 Cr / 797.60 Cr ) *.6 | 0.393 |
| Altman Z Score | 0.606 |
Altman Z Score Analysis of News Corp B
| Altman Z Score Ratio with value of 0.605 was highest in Year Jun-22 in last Five Years. |
| Altman Z Score Ratio with value of 0.096 was lowest in Year Jun-20 in last Five Years. |
| Latest Altman Z Score Ratio with value of 0.213 is lower than Average Altman Z Score of 0.399 in last five years. |
Other Altman Z Score Related Info of NWS that may interest you.
News Corp B Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| NWS | 27.45 | 27.67 | 0.795 % | Entertainment |
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
| No Significant Stability | |
FY - Historical Altman Z Score of News Corp B
| Period | Jun-23 | Jun-22 | Jun-21 | Jun-20 | Jun-19 | Jun-18 | Jun-17 |
|---|---|---|---|---|---|---|---|
| Altman Z Score | 0.213 | 0.605 | 0.490 | 0.096 | 0.591 | 0.215 | 0.440 |
| Change | -64.78 % | 23.51 % | 410.03 % | -83.74 % | 174.76 % | -51.10 % | -22.43 % |
FY Chart of Altman Z Score of News Corp B
Note : All Data Generated at the End of Trading Hours (EOD Data)