Altman Z Score Analysis of Sono-Tek Corp - Deep Dive


Latest FY Altman Z Score
Period Ending - Feb-24

1021.24


Excellent Altman Z Score
Period Ending - Feb-23
1.78

Not Good Altman Z Score
Growth
57385.41 %
Latest Altman Z Score
Period Ending - 31-May-24

1027.42


Excellent Altman Z Score
Key Inputs in Deriving Altman Z Score
(Net Working Capital / Total Assets ) * 1.2 ( 1.21 Cr / 2.31 Cr ) * 1.2 0.629
(Retained Earning / Total Assets ) * 1.4 ( 0.635 Cr / 2.31 Cr ) * 1.4 0.384
(EBIT / Total Assets ) * 3.3 ( 118.19 Cr / 2.31 Cr ) * 3.3 168.61
(Total Revenue / Total Assets ) ( 1969.99 Cr / 2.31 Cr ) 851.62
(Market Cap / Total Liabilities ) *.6 ( 7.06 Cr / 0.685 Cr ) *.6 6.18
Altman Z Score1027.42
Altman Z Score Analysis of Sono-Tek Corp
Altman Z Score Ratio with value of 1021.24 was highest in Year Feb-24 in last Five Years.
Altman Z Score Ratio with value of 1.78 was lowest in Year Feb-23 in last Five Years.
Latest Altman Z Score Ratio with value of 1021.24 is Greater than Average Altman Z Score of 205.91 in last five years.
Other Altman Z Score Related Info of SOTK that may interest you.
Sono-Tek Corp Overview
CodePricePrevious PricePrice ChangeSector
SOTK4.484.45 0.674 % Scientific & Technical Instruments
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
Poor Stability Stock
FY - Historical Altman Z Score of Sono-Tek Corp
PeriodFeb-24Feb-23Feb-22Feb-21Feb-20Feb-19Feb-18
Altman Z Score1021.241.782.591.981.961.591.65
Change57385.41 %-31.44 %30.86 %0.905 %23.70 %-4.11 %107.25 %
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FY Chart of Altman Z Score of Sono-Tek Corp


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