TSR Update: 95% + Alerts Trigger within 6 Sec
Modes: Web, Email, SMS, WhatsApp & Push Notification -
Request For Demo
Request For Demo
TSR Update: 95% + Alerts Within 6 Sec
SMS, WhatsApp... on 1 Min to Qtr Tick Alerts
Request For Demo
Request For Demo
Altman Z Score Analysis of Himatsingka Seide Ltd. - Deep Dive
Latest FY Altman Z Score
Period Ending - Mar-24
Not Good Altman Z Score
1.30
Period Ending - Mar-23
Poor Altman Z Score
0.977
Growth
32.61 %
Latest Altman Z Score
Period Ending - 22-May-25
Not Good Altman Z Score
1.41
Key Inputs in Deriving Altman Z Score
(Net Working Capital / Total Assets ) * 1.2 ( 520.03 Cr / 5794.51 Cr ) * 1.2 | 0.108 |
(Retained Earning / Total Assets ) * 1.4 ( 1102.16 Cr / 5794.51 Cr ) * 1.4 | 0.266 |
(EBIT / Total Assets ) * 3.3 ( 459.23 Cr / 5794.51 Cr ) * 3.3 | 0.262 |
(Total Revenue / Total Assets ) ( 2841.45 Cr / 5794.51 Cr ) | 0.490 |
(Market Cap / Total Liabilities ) *.6 ( 2026.21 Cr / 4235.56 Cr ) *.6 | 0.287 |
Altman Z Score | 1.41 |
Altman Z Score Analysis of Himatsingka Seide Ltd.
Altman Z Score Ratio with value of 1.31 was highest in Year Mar-22 in last Five Years. |
Altman Z Score Ratio with value of 0.908 was lowest in Year Mar-21 in last Five Years. |
Latest Altman Z Score Ratio with value of 1.30 is Greater than Average Altman Z Score of 1.09 in last five years. |
Other Altman Z Score Related Info of HIMATSEIDE that may interest you.
Himatsingka Seide Ltd. Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
HIMATSEIDE | 161.14 | 163.97 | 1.73 % | Silk Textiles |
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 | Screener |
FY - Historical Altman Z Score of Himatsingka Seide Ltd.
Period | Mar-24 | Mar-23 | Mar-22 | Mar-21 | Mar-20 | Mar-19 | Mar-18 |
---|---|---|---|---|---|---|---|
Altman Z Score | 1.30 | 0.977 | 1.31 | 0.908 | 0.960 | 1.47 | 1.88 |
Change | 32.61 % | -25.57 % | 44.60 % | -5.36 % | -34.81 % | -21.86 % | -38.85 % |
Price | 122.20 | 69.10 | 150.50 | 144.85 | 59.55 | 217.70 | 349.45 |
Price Change | 76.85 % | -54.09 % | 3.90 % | 143.24 % | -72.65 % | -37.70 % | 1.73 % |