Altman Z Score Analysis of South Plains Financial Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Altman Z Score
Period Ending - Dec-23
Poor Altman Z Score
0.223
Period Ending - Dec-22
Poor Altman Z Score
0.233
Growth
-4.13 %
Latest Altman Z Score
Period Ending - 31-May-24
Poor Altman Z Score
0.293
Key Inputs in Deriving Altman Z Score
| (Net Working Capital / Total Assets ) * 1.2 ( 0 Cr / 420.48 Cr ) * 1.2 | 0 |
| (Retained Earning / Total Assets ) * 1.4 ( 34.53 Cr / 420.48 Cr ) * 1.4 | 0.115 |
| (EBIT / Total Assets ) * 3.3 ( 7.33 Cr / 420.48 Cr ) * 3.3 | 0.058 |
| (Total Revenue / Total Assets ) ( 21.20 Cr / 420.48 Cr ) | 0.050 |
| (Market Cap / Total Liabilities ) *.6 ( 44.58 Cr / 379.77 Cr ) *.6 | 0.070 |
| Altman Z Score | 0.293 |
Altman Z Score Analysis of South Plains Financial Inc
| Altman Z Score Ratio with value of 0.233 was highest in Year Dec-22 in last Five Years. |
| Altman Z Score Ratio with value of 0.179 was lowest in Year Dec-19 in last Five Years. |
| Latest Altman Z Score Ratio with value of 0.223 is Greater than Average Altman Z Score of 0.210 in last five years. |
Other Altman Z Score Related Info of SPFI that may interest you.
South Plains Financial Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| SPFI | 27.15 | 26.59 | 2.11 % | 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
| No Significant Stability | |
FY - Historical Altman Z Score of South Plains Financial Inc
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Altman Z Score | 0.223 | 0.233 | 0.215 | 0.201 | 0.179 | 0.174 | 0.168 |
| Change | -4.13 % | 8.11 % | 6.86 % | 12.73 % | 2.89 % | 3.02 % |
FY Chart of Altman Z Score of South Plains Financial Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)