GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas (BSP:BTRA11) » Definitions » Altman Z-Score

Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas (BSP:BTRA11) Altman Z-Score


View and export this data going back to 2021. Start your Free Trial

What is Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas 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.

Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas does not have enough data to calculate Altman Z-Score.


Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas Altman Z-Score Historical Data

The historical data trend for Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas'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.

* Premium members only.

Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas Altman Z-Score Chart

Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas Annual Data
Trend Dec21 Dec22 Dec23
Altman Z-Score
- - -

Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas Quarterly Data
Dec21 Dec22 Dec23
Altman Z-Score - - -

Competitive Comparison of Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas's Altman Z-Score

For the REIT - Specialty subindustry, Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas'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.


Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas's Altman Z-Score Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas's Altman Z-Score falls into.



Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas  (BSP:BTRA11) 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.


Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas Altman Z-Score Related Terms

Thank you for viewing the detailed overview of Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas's Altman Z-Score provided by GuruFocus.com. Please click on the following links to see related term pages.


Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas (BSP:BTRA11) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Website
Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas aims to acquire productive agricultural land (rural and urban) undergoing transformation (opportunistically) located in the main regions of the Brazilian territory.

Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas (BSP:BTRA11) Headlines

No Headlines