Altman Z Score Analysis of Premier Financial Corp - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Altman Z Score
Period Ending - Dec-23
Poor Altman Z Score
0.140
Period Ending - Dec-22
Poor Altman Z Score
0.185
Growth
-24.29 %
Latest Altman Z Score
Period Ending - 31-May-24
Poor Altman Z Score
0.195
Key Inputs in Deriving Altman Z Score
| (Net Working Capital / Total Assets ) * 1.2 ( 0 Cr / 862.59 Cr ) * 1.2 | 0 |
| (Retained Earning / Total Assets ) * 1.4 ( 56.99 Cr / 862.59 Cr ) * 1.4 | 0.093 |
| (EBIT / Total Assets ) * 3.3 ( -0.533 Cr / 862.59 Cr ) * 3.3 | -0.0020 |
| (Total Revenue / Total Assets ) ( 42.62 Cr / 862.59 Cr ) | 0.0494 |
| (Market Cap / Total Liabilities ) *.6 ( 70.59 Cr / 765.03 Cr ) *.6 | 0.055 |
| Altman Z Score | 0.195 |
Altman Z Score Analysis of Premier Financial Corp
| Altman Z Score Ratio with value of 0.261 was highest in Year Dec-19 in last Five Years. |
| Altman Z Score Ratio with value of 0.140 was lowest in Year Dec-23 in last Five Years. |
| Latest Altman Z Score Ratio with value of 0.140 is lower than Average Altman Z Score of 0.189 in last five years. |
Other Altman Z Score Related Info of PFC that may interest you.
Premier Financial Corp Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| PFC | 19.71 | 19.6 | 0.561 % | Banks-Regional |
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 Premier Financial Corp
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Altman Z Score | 0.140 | 0.185 | 0.200 | 0.159 | 0.261 | 0.252 | 0.235 |
| Change | -24.29 % | -7.69 % | 25.77 % | -39.01 % | 3.39 % | 7.60 % | -5.46 % |
FY Chart of Altman Z Score of Premier Financial Corp
Note : All Data Generated at the End of Trading Hours (EOD Data)