Altman Z Score Analysis of Suburban Propane Partners LP - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Altman Z Score
Period Ending - Sep-23
Poor Altman Z Score
0.841
Period Ending - Sep-22
Not Good Altman Z Score
1.05
Growth
-19.64 %
Latest Altman Z Score
Period Ending - 17-Jun-24
Poor Altman Z Score
1.27
Key Inputs in Deriving Altman Z Score
| (Net Working Capital / Total Assets ) * 1.2 ( -14.38 Cr / 227.05 Cr ) * 1.2 | -0.076 |
| (Retained Earning / Total Assets ) * 1.4 ( 0 Cr / 227.05 Cr ) * 1.4 | 0 |
| (EBIT / Total Assets ) * 3.3 ( 19.78 Cr / 227.05 Cr ) * 3.3 | 0.288 |
| (Total Revenue / Total Assets ) ( 142.92 Cr / 227.05 Cr ) | 0.629 |
| (Market Cap / Total Liabilities ) *.6 ( 123.61 Cr / 172.41 Cr ) *.6 | 0.430 |
| Altman Z Score | 1.27 |
Altman Z Score Analysis of Suburban Propane Partners LP
| Altman Z Score Ratio with value of 1.05 was highest in Year Sep-22 in last Five Years. |
| Altman Z Score Ratio with value of 0.684 was lowest in Year Sep-20 in last Five Years. |
| Latest Altman Z Score Ratio with value of 0.841 is lower than Average Altman Z Score of 0.853 in last five years. |
Other Altman Z Score Related Info of SPH that may interest you.
Suburban Propane Partners LP Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| SPH | 19.3 | 19.96 | 3.31 % | Utilities-Regulated Gas |
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
| Very Low Stability Stock | |
FY - Historical Altman Z Score of Suburban Propane Partners LP
| Period | Sep-23 | Sep-22 | Sep-21 | Sep-20 | Sep-19 | Sep-18 | Sep-17 |
|---|---|---|---|---|---|---|---|
| Altman Z Score | 0.841 | 1.05 | 0.874 | 0.684 | 0.820 | 0.846 | 0.681 |
| Change | -19.64 % | 19.68 % | 27.84 % | -16.60 % | -3.02 % | 24.22 % | 16.34 % |
FY Chart of Altman Z Score of Suburban Propane Partners LP
Note : All Data Generated at the End of Trading Hours (EOD Data)