Altman Z Score Analysis of Southwest Gas HLDG Inc. - Deep Dive


Latest FY Altman Z Score
Period Ending - Dec-23

0.598


Poor Altman Z Score
Period Ending - Dec-22
0.378

Poor Altman Z Score
Growth
58.17 %
Latest Altman Z Score
Period Ending - 31-May-24

0.988


Poor Altman Z Score
Key Inputs in Deriving Altman Z Score
(Net Working Capital / Total Assets ) * 1.2 ( 19.63 Cr / 1186.99 Cr ) * 1.2 0.0198
(Retained Earning / Total Assets ) * 1.4 ( 73.88 Cr / 1186.99 Cr ) * 1.4 0.087
(EBIT / Total Assets ) * 3.3 ( 10.46 Cr / 1186.99 Cr ) * 3.3 0.0291
(Total Revenue / Total Assets ) ( 548.73 Cr / 1186.99 Cr ) 0.462
(Market Cap / Total Liabilities ) *.6 ( 556.08 Cr / 855.99 Cr ) *.6 0.390
Altman Z Score0.988
Altman Z Score Analysis of Southwest Gas HLDG Inc.
Altman Z Score Ratio with value of 0.698 was highest in Year Dec-20 in last Five Years.
Altman Z Score Ratio with value of 0.363 was lowest in Year Dec-21 in last Five Years.
Latest Altman Z Score Ratio with value of 0.598 is Greater than Average Altman Z Score of 0.544 in last five years.
Other Altman Z Score Related Info of SWX that may interest you.
Southwest Gas HLDG Inc. Overview
CodePricePrevious PricePrice ChangeSector
SWX77.5975.19 3.19 % Utilities-Regulated Gas
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
Very Low Stability Stock
FY - Historical Altman Z Score of Southwest Gas HLDG Inc.
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
Altman Z Score0.5980.3780.3630.6980.6810.7080.749
Change58.17 %4.29 %-48.02 %2.51 %-3.81 %-5.49 %-61.42 %
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FY Chart of Altman Z Score of Southwest Gas HLDG Inc.


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