# Bharat Immunologicals Z Score

BIBCL -- India Stock

## INR 20.401.558.22%

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check also Bharat Immunologicals Piotroski F Score and Bharat Immunologicals Valuation analysis.
 Symbol

## Z Score Analysis

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..
Bharat Immunologicals
 Z Score = Sum Of 5 Factors
=
39.6
 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 )

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.
 Compare to competition Predict Bharat Immunologicals
Bharat Immunologicals Biologicals Corp Ltd has Z Score of 39.6. This is much higher than that of the Healthcare sector, and significantly higher than that of Z Score industry, The Z Score for all stocks is over 1000% lower than the firm.

## Peer Comparison

Bharat Immunologicals Z Score Comparison
Bharat Immunologicals is currently under evaluation in z score category among related companies.

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## Fundamental Indicators

Current Bharat Immunologicals financial ratios
 Return On Asset (1.69) % Profit Margin 0.38 % Operating Margin 4.32 % Current Valuation 727.99 M Shares Outstanding 43.18 M Price to Earning 340.15 times Price to Book 2.60 times Price to Sales 1.30 times Revenue 744.6 M Gross Profit 247.98 M EBITDA 37.37 M Net Income 2.83 M Cash and Equivalents 235.01 M Cash per Share 5.66 times Total Debt 14.53 M Debt to Equity 3.80 % Current Ratio 1.69 times Book Value Per Share 8.63 times Earnings Per Share 0.07 times Beta -0.27 Market Capitalization 969.39 M Z Score 39.6