Altman Z Score Analysis of Provident Financial HLDG Inc. - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Altman Z Score
Period Ending - Jun-23
Poor Altman Z Score
0.271
Period Ending - Jun-22
Poor Altman Z Score
0.314
Growth
-13.61 %
Latest Altman Z Score
Period Ending - 31-May-24
Poor Altman Z Score
0.315
Key Inputs in Deriving Altman Z Score
| (Net Working Capital / Total Assets ) * 1.2 ( 0 Cr / 133.29 Cr ) * 1.2 | 0 |
| (Retained Earning / Total Assets ) * 1.4 ( 20.73 Cr / 133.29 Cr ) * 1.4 | 0.218 |
| (EBIT / Total Assets ) * 3.3 ( 0.923 Cr / 133.29 Cr ) * 3.3 | 0.0228 |
| (Total Revenue / Total Assets ) ( 4.11 Cr / 133.29 Cr ) | 0.0308 |
| (Market Cap / Total Liabilities ) *.6 ( 8.73 Cr / 120.33 Cr ) *.6 | 0.0436 |
| Altman Z Score | 0.315 |
Altman Z Score Analysis of Provident Financial HLDG Inc.
| Altman Z Score Ratio with value of 0.330 was highest in Year Jun-19 in last Five Years. |
| Altman Z Score Ratio with value of 0.271 was lowest in Year Jun-23 in last Five Years. |
| Latest Altman Z Score Ratio with value of 0.271 is lower than Average Altman Z Score of 0.307 in last five years. |
Other Altman Z Score Related Info of PROV that may interest you.
Provident Financial HLDG Inc. Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| PROV | 12.7 | 12.71 | 0.079 % | 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
| Poor Stability Stock | |
FY - Historical Altman Z Score of Provident Financial HLDG Inc.
| Period | Jun-23 | Jun-22 | Jun-21 | Jun-20 | Jun-19 | Jun-18 | Jun-17 |
|---|---|---|---|---|---|---|---|
| Altman Z Score | 0.271 | 0.314 | 0.305 | 0.314 | 0.330 | 0.310 | 0.323 |
| Change | -13.61 % | 3.06 % | -2.79 % | -4.96 % | 6.40 % | -3.95 % | -6.21 % |
FY Chart of Altman Z Score of Provident Financial HLDG Inc.
Note : All Data Generated at the End of Trading Hours (EOD Data)