Altman Z Score Analysis of Nuveen California Select Tax Free IN - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Altman Z Score
Period Ending - Mar-24
Poor Altman Z Score
0.252
Period Ending - Mar-23
Very Poor Altman Z Score
-0.315
Growth
179.95 %
Latest Altman Z Score
Period Ending - 17-Jun-24
Poor Altman Z Score
133.83
Key Inputs in Deriving Altman Z Score
| (Net Working Capital / Total Assets ) * 1.2 ( 0 Cr / 8.93 Cr ) * 1.2 | 0 |
| (Retained Earning / Total Assets ) * 1.4 ( 0.0355 Cr / 8.93 Cr ) * 1.4 | 0.0056 |
| (EBIT / Total Assets ) * 3.3 ( 0.510 Cr / 8.93 Cr ) * 3.3 | 0.188 |
| (Total Revenue / Total Assets ) ( 0.519 Cr / 8.93 Cr ) | 0.058 |
| (Market Cap / Total Liabilities ) *.6 ( 8.35 Cr / 0.0375 Cr ) *.6 | 133.57 |
| Altman Z Score | 133.83 |
Altman Z Score Analysis of Nuveen California Select Tax Free IN
| Altman Z Score Ratio with value of 0.415 was highest in Year Mar-21 in last Five Years. |
| Altman Z Score Ratio with value of -0.315 was lowest in Year Mar-23 in last Five Years. |
| Latest Altman Z Score Ratio with value of 0.252 is Greater than Average Altman Z Score of 0.128 in last five years. |
Other Altman Z Score Related Info of NXC that may interest you.
Nuveen California Select Tax Free IN Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| NXC | 13.13 | 13.15 | 0.152 % | Asset Management |
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
| Excellent Stability | |
FY - Historical Altman Z Score of Nuveen California Select Tax Free IN
| Period | Mar-24 | Mar-23 | Mar-22 | Mar-21 | Mar-20 | Mar-19 | Mar-18 |
|---|---|---|---|---|---|---|---|
| Altman Z Score | 0.252 | -0.315 | -0.054 | 0.415 | 0.341 | 0.315 | 0.187 |
| Change | 179.95 % | -488.39 % | -112.90 % | 21.98 % | 8.03 % | 68.47 % | 24.16 % |
FY Chart of Altman Z Score of Nuveen California Select Tax Free IN
Note : All Data Generated at the End of Trading Hours (EOD Data)