Altman Z Score Analysis of Ind-Swift - Deep Dive
Latest FY Altman Z Score
Period Ending - Mar-24
Very Poor Altman Z Score
-0.638
Period Ending - Mar-23
Very Poor Altman Z Score
-1.68
Growth
62.05 %
Latest Altman Z Score
Period Ending - 21-Jun-25
Very Poor Altman Z Score
-0.645
Key Inputs in Deriving Altman Z Score
(Net Working Capital / Total Assets ) * 1.2 ( 21.43 Cr / 654.47 Cr ) * 1.2 | 0.0393 |
(Retained Earning / Total Assets ) * 1.4 ( -883.24 Cr / 654.47 Cr ) * 1.4 | -1.89 |
(EBIT / Total Assets ) * 3.3 ( 79.40 Cr / 654.47 Cr ) * 3.3 | 0.400 |
(Total Revenue / Total Assets ) ( 502.25 Cr / 654.47 Cr ) | 0.767 |
(Market Cap / Total Liabilities ) *.6 ( 84.44 Cr / 1345.30 Cr ) *.6 | 0.0377 |
Altman Z Score | -0.645 |
Altman Z Score Analysis of Ind-Swift
Altman Z Score Ratio of INDSWFTLTD trending up for at least three Years. |
Altman Z Score Ratio with value of -2.05 was lowest in Year Mar-21 in last Five Years. |
Latest Altman Z Score Ratio with value of -0.638 is Greater than Average Altman Z Score of -1.65 in last five years. |
Other Altman Z Score Related Info of INDSWFTLTD that may interest you.
Ind-Swift Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
INDSWFTLTD | 15.59 | 15.55 | 0.257 % | Drugs & Pharma |
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
Poor Stability Stock | Screener |
FY - Historical Altman Z Score of Ind-Swift
Period | Mar-24 | Mar-23 | Mar-22 | Mar-21 | Mar-20 | Mar-19 | Mar-18 |
---|---|---|---|---|---|---|---|
Altman Z Score | -0.638 | -1.68 | -1.88 | -2.05 | -2.01 | -2.07 | -2.30 |
Change | 62.05 % | 10.75 % | 8.01 % | -2.06 % | 3.22 % | 10.03 % | 10.51 % |
Price | 18.25 | 7.35 | 11.15 | 4.50 | 2.15 | 5.25 | 7.15 |
Price Change | 148.30 % | -34.08 % | 147.78 % | 109.30 % | -59.05 % | -26.57 % | 26.55 % |