Dr Reddys Z Score

RDY -- USA Stock  

USD 38.77  0.06  0.15%

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. Additionally take a look at Dr Reddys Piotroski F Score and Dr Reddys Valuation analysis.
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Dr Reddys 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..
Z Score 
 = 
Sum Of  
 
5 Factors 
More About Z Score | All Equity Analysis
Dr Reddys Z Score  =
4.2
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 )
Dr Reddys ValuationFundamentalsBuy or Sell

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.
Compare to competition
Dr Reddys Laboratories Ltd has Z Score of 4.2. This is 37.78% lower than that of the Healthcare sector, and 2.1% lower than that of Drug Manufacturers - Specialty & Generic industry, The Z Score for all stocks is 51.83% higher than the company.

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Dr Reddys Institutional Holders

Current Institutional Investors

Security TypeSharesValue
Zurcher Kantonalbank Zurich CantonalbankCommon Shares38.5 K1.5 M
Henry James International Management IncCommon Shares25.1 K951 K
Envestnet Asset Management IncCommon Shares20 K759 K
Hanson Doremus Investment ManagementCommon Shares12.9 K490 K
Hexavest IncCommon Shares10.2 K386 K
Wedbush Securities Inc 1Common Shares6.2 K233 K
Signaturefd LlcCommon Shares5.1 K193 K
Simplex Trading LlcPut Options6.022 K

Dr Reddys current financial ratios



 
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