Altman Z Score Analysis of Taoping Inc - Deep Dive
WARN : Please note that some of the values may not be in base currency

Latest FY Altman Z Score
Period Ending - Dec-23

-7.56


Very Poor Altman Z Score
Period Ending - Dec-22
-9.14

Very Poor Altman Z Score
Growth
17.37 %
Latest Altman Z Score
Period Ending - 31-May-24

-7.46


Very Poor Altman Z Score
Key Inputs in Deriving Altman Z Score
(Net Working Capital / Total Assets ) * 1.2 ( 0.519 Cr / 3.28 Cr ) * 1.2 0.190
(Retained Earning / Total Assets ) * 1.4 ( -20.88 Cr / 3.28 Cr ) * 1.4 -8.90
(EBIT / Total Assets ) * 3.3 ( -0.0198 Cr / 3.28 Cr ) * 3.3 -0.0199
(Total Revenue / Total Assets ) ( 3.86 Cr / 3.28 Cr ) 1.18
(Market Cap / Total Liabilities ) *.6 ( 0.325 Cr / 2.01 Cr ) *.6 0.097
Altman Z Score-7.46
Altman Z Score Analysis of Taoping Inc
Altman Z Score Ratio with value of -6.15 was highest in Year Dec-19 in last Five Years.
Altman Z Score Ratio with value of -10.86 was lowest in Year Dec-20 in last Five Years.
Latest Altman Z Score Ratio with value of -7.56 is Greater than Average Altman Z Score of -8.00 in last five years.
Other Altman Z Score Related Info of TAOP that may interest you.
Taoping Inc Overview
CodePricePrevious PricePrice ChangeSector
TAOP0.72010.74 2.69 % Software-Infrastructure
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 Taoping Inc
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
Altman Z Score-7.56-9.14-6.26-10.86-6.15-5.04-5.96
Change17.37 %-46.01 %42.31 %-76.40 %-22.16 %15.40 %29.67 %
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FY Chart of Altman Z Score of Taoping Inc


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