Altman Z Score Analysis of Thornburg Income Builder Opp TR - Deep Dive


Latest FY Altman Z Score
Period Ending - Sep-23

0.578


Poor Altman Z Score
Period Ending - Sep-22
-1.46

Very Poor Altman Z Score
Growth
139.45 %
Latest Altman Z Score
Period Ending - 31-May-24

56.69


Poor Altman Z Score
Key Inputs in Deriving Altman Z Score
(Net Working Capital / Total Assets ) * 1.2 ( 0 Cr / 55.04 Cr ) * 1.2 0
(Retained Earning / Total Assets ) * 1.4 ( -9.68 Cr / 55.04 Cr ) * 1.4 -0.246
(EBIT / Total Assets ) * 3.3 ( 10.46 Cr / 55.04 Cr ) * 3.3 0.627
(Total Revenue / Total Assets ) ( 10.82 Cr / 55.04 Cr ) 0.197
(Market Cap / Total Liabilities ) *.6 ( 51.20 Cr / 0.548 Cr ) *.6 56.11
Altman Z Score56.69
Other Altman Z Score Related Info of TBLD that may interest you.
Thornburg Income Builder Opp TR Overview
CodePricePrevious PricePrice ChangeSector
TBLD15.9615.82 0.885 %
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
Excellent Stability
FY - Historical Altman Z Score of Thornburg Income Builder Opp TR
PeriodSep-23Sep-22Sep-21
Altman Z Score0.578-1.46-0.0492
Change139.45 %-2874.32 %
FY Chart of Altman Z Score of Thornburg Income Builder Opp TR


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