Altman Z Score Analysis of Worthington Industries Inc - Deep Dive


Latest FY Altman Z Score
Period Ending - May-23

2.63


Indecisive Altman Z Score
Period Ending - May-22
2.67

Indecisive Altman Z Score
Growth
-1.50 %
Latest Altman Z Score
Period Ending - 31-May-24

3.57


Indecisive Altman Z Score
Key Inputs in Deriving Altman Z Score
(Net Working Capital / Total Assets ) * 1.2 ( 115.08 Cr / 365.09 Cr ) * 1.2 0.378
(Retained Earning / Total Assets ) * 1.4 ( 142.84 Cr / 365.09 Cr ) * 1.4 0.548
(EBIT / Total Assets ) * 3.3 ( 39.42 Cr / 365.09 Cr ) * 3.3 0.356
(Total Revenue / Total Assets ) ( 491.64 Cr / 365.09 Cr ) 1.35
(Market Cap / Total Liabilities ) *.6 ( 285.98 Cr / 182.93 Cr ) *.6 0.938
Altman Z Score3.57
Altman Z Score Analysis of Worthington Industries Inc
Altman Z Score Ratio with value of 2.71 was highest in Year May-21 in last Five Years.
Altman Z Score Ratio with value of 2.16 was lowest in Year May-20 in last Five Years.
Latest Altman Z Score Ratio with value of 2.63 is Greater than Average Altman Z Score of 2.51 in last five years.
Other Altman Z Score Related Info of WOR that may interest you.
Worthington Industries Inc Overview
CodePricePrevious PricePrice ChangeSector
WOR57.0356.57 0.813 % Metal Fabrication
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
Good Stability
FY - Historical Altman Z Score of Worthington Industries Inc
PeriodMay-23May-22May-21May-20May-19May-18May-17
Altman Z Score2.632.672.712.162.362.282.49
Change-1.50 %-1.67 %25.93 %-8.64 %3.35 %-8.47 %19.00 %
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FY Chart of Altman Z Score of Worthington Industries Inc


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