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TCS TCS ONGC ONGC 
Benchmark  United States  NYSE  11,026   87.767 Index Moved Up 0.8%  


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A2Z MNT Z Score A2Z MNT Z Score

   
Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in late 1960s at New York University..

A2Z MNT 

Z Score 

 = 

Sum Of  

 

5 Factors 

 = 
0
First Factor
 = 
1.2 * (
Working Capital
/
Total Assets )
Second Factor
 = 
1.4 * (
Retained Earnings
/
Total Assets )
Thrid Factor
 = 
3.3 * (
EBITAD
/
Total Assets )
Fouth Factor
 = 
0.6 * (
Market Value of Equity
/
Total Liabilities )
Fifth Factor
 = 
0.99 * (
Revenue
/
Total Assets )

About Z Score

To calculate Z-Score one would need to know current working capital of the company, its total assets and liabilities, amount of latest retained earnings as well as earnings before interest and tax. Z-Score can be used to compare the odds of bankruptcy of companies in similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area' with scores of less than 1 indicating the high probability of distress. Z Score is used widely by financial auditors, accountants, money managers, loan processers, wealth advisers, as well as day traders. In the last 25 years many financial models that utilize z score has been proved to be successful as a predictor of corporate bankruptcy.
A2Z MNT ENG SERV LTD has Z Score of 0.0. This indicator is about the same for the average (which is currently at 0.0) sector, and about the same as Z Score (which currently averages 0.0) industry, This indicator is about the same for all stocks average (which is currently at 0.0).

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Found 10 equities

Z Score

TCS NSETata Consultancy Services Limited
1.53 K
TCS BSETata Consultancy Services Limited
1.53 K
ONGC NSEOil and Natural Gas Corp Ltd
30.6
ONGC BSEOil and Natural Gas Corp Ltd
30.6
RIL BSEReliance Industries Limited
1.2
RELIANCE NSEReliance Industries Limited
1.2
ITC BSEITC Limited
507
ITC NSEITC Limited
507
INFY BSEInfosys Ltd
0.0
HDFCBANK NSEHDFC Bank Ltd
2.4
You can backtest this sub-set of assets as a synthetic portfolio or check its risk adjusted returns  
A2Z MNT is currently under evaluation in z score category among related companies.
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A2Z MNT ENG SERV LTD Profile

A2ZMES#INE619I01012IN
A2Z MNT ENG SERV LTD
India Stock
Currency: INR
Traded on National Stock Exchange of India
 

Other A2Z MNT Fundamentals

Probability Of Bankruptcy75.00 %


 

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