Altman Z Score Analysis of Relay Therapeutics Inc - Deep Dive


Latest FY Altman Z Score
Period Ending - Dec-23

-2.52


Very Poor Altman Z Score
Period Ending - Dec-22
-1.17

Very Poor Altman Z Score
Growth
-114.77 %
Latest Altman Z Score
Period Ending - 17-Jun-24

3.62


Very Poor Altman Z Score
Key Inputs in Deriving Altman Z Score
(Net Working Capital / Total Assets ) * 1.2 ( 73.98 Cr / 84.40 Cr ) * 1.2 1.05
(Retained Earning / Total Assets ) * 1.4 ( -140.06 Cr / 84.40 Cr ) * 1.4 -2.32
(EBIT / Total Assets ) * 3.3 ( -32.62 Cr / 84.40 Cr ) * 3.3 -1.28
(Total Revenue / Total Assets ) ( 2.58 Cr / 84.40 Cr ) 0.0306
(Market Cap / Total Liabilities ) *.6 ( 94.11 Cr / 9.20 Cr ) *.6 6.14
Altman Z Score3.62
Altman Z Score Analysis of Relay Therapeutics Inc
Altman Z Score Ratio with value of 0.314 was highest in Year Dec-20 in last Five Years.
Altman Z Score Ratio of RLAY trending down for at least three Years.
Latest Altman Z Score Ratio with value of -2.52 is lower than Average Altman Z Score of -0.948 in last five years.
Other Altman Z Score Related Info of RLAY that may interest you.
Relay Therapeutics Inc Overview
CodePricePrevious PricePrice ChangeSector
RLAY7.097.31 3.01 % Biotechnology
Fundamental AnalysisTechnical Analysis
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 Formula

Altman Z Score Related Ratios
PiotroskiFScoreDebtToEquityRatio

Tsr Stability Index
No Significant Stability
FY - Historical Altman Z Score of Relay Therapeutics Inc
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18
Altman Z Score-2.52-1.17-1.120.314-0.2430.420
Change-114.77 %-4.48 %-456.55 %229.41 %-157.92 %
FY Chart of Altman Z Score of Relay Therapeutics Inc


Note : All Data Generated at the End of Trading Hours (EOD Data)