Altman Z Score Analysis of Premier Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Altman Z Score
Period Ending - Jun-23
Poor Altman Z Score
0.609
Period Ending - Jun-22
Poor Altman Z Score
0.857
Growth
-28.94 %
Latest Altman Z Score
Period Ending - 17-Jun-24
Poor Altman Z Score
1.71
Key Inputs in Deriving Altman Z Score
| (Net Working Capital / Total Assets ) * 1.2 ( -17.38 Cr / 337.15 Cr ) * 1.2 | -0.062 |
| (Retained Earning / Total Assets ) * 1.4 ( 40.51 Cr / 337.15 Cr ) * 1.4 | 0.168 |
| (EBIT / Total Assets ) * 3.3 ( 10.83 Cr / 337.15 Cr ) * 3.3 | 0.106 |
| (Total Revenue / Total Assets ) ( 133.61 Cr / 337.15 Cr ) | 0.396 |
| (Market Cap / Total Liabilities ) *.6 ( 189.72 Cr / 103.71 Cr ) *.6 | 1.10 |
| Altman Z Score | 1.71 |
Altman Z Score Analysis of Premier Inc
| Altman Z Score Ratio with value of 0.857 was highest in Year Jun-22 in last Five Years. |
| Altman Z Score Ratio with value of 0.310 was lowest in Year Jun-19 in last Five Years. |
| Latest Altman Z Score Ratio with value of 0.609 is lower than Average Altman Z Score of 0.667 in last five years. |
Other Altman Z Score Related Info of PINC that may interest you.
Premier Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| PINC | 18.1 | 18.38 | 1.52 % | Health Information Services |
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
| Good Stability | |
FY - Historical Altman Z Score of Premier Inc
| Period | Jun-23 | Jun-22 | Jun-21 | Jun-20 | Jun-19 | Jun-18 | Jun-17 |
|---|---|---|---|---|---|---|---|
| Altman Z Score | 0.609 | 0.857 | 0.808 | 0.753 | 0.310 | 0.359 | -0.163 |
| Change | -28.94 % | 5.98 % | 7.38 % | 142.49 % | -13.65 % | 320.22 % | 76.06 % |
FY Chart of Altman Z Score of Premier Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)