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Dr. Fischer Dental (BSE:DENT) Altman Z-Score


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What is Dr. Fischer Dental Altman Z-Score?

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Dr. Fischer Dental does not have enough data to calculate Altman Z-Score.


Dr. Fischer Dental Altman Z-Score Historical Data

The historical data trend for Dr. Fischer Dental's Altman Z-Score can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Dr. Fischer Dental Altman Z-Score Chart

Dr. Fischer Dental Annual Data
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Dr. Fischer Dental Semi-Annual Data
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Competitive Comparison of Dr. Fischer Dental's Altman Z-Score

For the Medical Care Facilities subindustry, Dr. Fischer Dental's Altman Z-Score, along with its competitors' market caps and Altman Z-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Dr. Fischer Dental's Altman Z-Score Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Dr. Fischer Dental's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Dr. Fischer Dental's Altman Z-Score falls into.



Dr. Fischer Dental  (BSE:DENT) Altman Z-Score Explanation

X1: The Working Capital/Total Assets (WC/TA) ratio is a measure of the net liquid assets of the firm relative to the total capitalization. Working capital is defined as the difference between current assets and current liabilities. Ordinarily, a firm experiencing consistent operating losses will have shrinking current assets in relation to total assets. Altman found this one proved to be the most valuable liquidity ratio comparing with the current ratio and the quick ratio. This is however the least significant of the five factors.

X2: Retained Earnings/Total Assets: the RE/TA ratio measures the leverage of a firm. Retained earnings is the account which reports the total amount of reinvested earnings and/or losses of a firm over its entire life. Those firms with high RE, relative to TA, have financed their assets through retention of profits and have not utilized as much debt.

X3, Earnings Before Interest and Taxes/Total Assets (EBIT/TA): This ratio is a measure of the true productivity of the firm's assets, independent of any tax or leverage factors. Since a firm's ultimate existence is based on the earning power of its assets, this ratio appears to be particularly appropriate for studies dealing with corporate failure. This ratio continually outperforms other profitability measures, including cash flow.

X4, Market Value of Equity/Book Value of Total Liabilities (MVE/TL): The measure shows how much the firm's assets can decline in value (measured by market value of equity plus debt) before the liabilities exceed the assets and the firm becomes insolvent.

X5, Revenue/Total Assets (S/TA): The capital-turnover ratio is a standard financial ratio illustrating the sales generating ability of the firm's assets.

Read more about Altman Z-Score and the original research.


Be Aware

Altman Z-Score does not apply to financial companies.


Dr. Fischer Dental Altman Z-Score Related Terms

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Dr. Fischer Dental Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Bulevardul Lacul Tei, nr.1 Bis, Sector 2, Etaj 3, Bucuresti, ROU, 020371
Dr. Fischer Dental operates as a dental laboratory in the local and national markets. It performs all types of dental work, such as dental crowns, dental bridges, dentures, orthodontic appliances, dental veneers, RCRs, implant abutments, and works prosthetics on all types of implants.

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