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Social Capital Suvretta Holdings IV (Social Capital Suvretta Holdings IV) Altman Z-Score : N/A (As of May. 26, 2024)


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What is Social Capital Suvretta Holdings IV 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.

Social Capital Suvretta Holdings IV has a Altman Z-Score of N/A, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

The zones of discrimination were as such:

When Altman Z-Score <= 1.8, it is in Distress Zones.
When Altman Z-Score >= 3, it is in Safe Zones.
When Altman Z-Score is between 1.8 and 3, it is in Grey Zones.

The historical rank and industry rank for Social Capital Suvretta Holdings IV's Altman Z-Score or its related term are showing as below:


Social Capital Suvretta Holdings IV Altman Z-Score Historical Data

The historical data trend for Social Capital Suvretta Holdings IV'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.

Social Capital Suvretta Holdings IV Altman Z-Score Chart

Social Capital Suvretta Holdings IV Annual Data
Trend Dec21 Dec22
Altman Z-Score
- -

Social Capital Suvretta Holdings IV Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Altman Z-Score Get a 7-Day Free Trial Premium Member Only - - - - -

Competitive Comparison of Social Capital Suvretta Holdings IV's Altman Z-Score

For the Shell Companies subindustry, Social Capital Suvretta Holdings IV'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.


Social Capital Suvretta Holdings IV's Altman Z-Score Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Social Capital Suvretta Holdings IV's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Social Capital Suvretta Holdings IV's Altman Z-Score falls into.



Social Capital Suvretta Holdings IV Altman Z-Score Calculation

Altman Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

Social Capital Suvretta Holdings IV's Altman Z-Score for today is calculated with this formula:

Z=1.2*X1+1.4*X2+3.3*X3+0.6*X4+1.0*X5
=1.2*0+1.4*-0.03+3.3*0.0211+0.6*41.78+1.0*0
=N/A

* 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. GuruFocus does not calculate Altman Z-Score when X4 or X5 value is 0.

Trailing Twelve Months (TTM) ended in Mar. 2023:
Total Assets was $256.51 Mil.
Total Current Assets was $0.20 Mil.
Total Current Liabilities was $0.20 Mil.
Retained Earnings was $-7.70 Mil.
Pre-Tax Income was 2.461 + 1.91 + 0.923 + 0.113 = $5.41 Mil.
Interest Expense was 0 + 0 + 0 + 0 = $0.00 Mil.
Revenue was 0 + 0 + 0 + 0 = $0.00 Mil.
Market Cap (Today) was $330.06 Mil.
Total Liabilities was $7.90 Mil.

* Note that for stock reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data.

X1=Working Capital/Total Assets
=(Total Current Assets - Total Current Liabilities)/Total Assets
=(0.201 - 0.2)/256.506
=0

X2=Retained Earnings/Total Assets
=-7.699/256.506
=-0.03

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(5.407 - 0)/256.506
=0.0211

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=330.062/7.9
=41.78

X5=Revenue/Total Assets
=0/256.506
=0

The zones of discrimination were as such:

Distress Zones - 1.81 < Grey Zones < 2.99 - Safe Zones

Social Capital Suvretta Holdings IV has a Altman Z-Score of N/A indicating it is in Distress Zones.

Study by Altman found that companies that are in Distress Zone have more than 80% of chances of bankruptcy in two years.


Social Capital Suvretta Holdings IV  (NAS:DNAD) 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.


Social Capital Suvretta Holdings IV Altman Z-Score Related Terms

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Social Capital Suvretta Holdings IV (Social Capital Suvretta Holdings IV) Business Description

Traded in Other Exchanges
N/A
Address
2850 W. Horizon Ridge Parkway, Suite 200, Henderson, NV, USA, 89052
Website
Social Capital Suvretta Holdings Corp IV is a newly incorporated blank check company.
Executives
William J Newell director 887 GREAT NORTHERN WAY, VANCOUVER A1 V5T 4T5
Biren Amin director C/O IMMUNEERING CORPORATION, 245 MAIN STREET, SECOND FLOOR, CAMBRIDGE MA 02142
Steven Marc Solomon director 584 THE ALAMEDA, BERKELEY CA 94707
Amit Munshi director C/O EPIRUS BIOPHARMACEUTICALS, INC., 699 BOYLSTON STREET, 8TH FLOOR, BOSTON MA 02116
James Ryans officer: Chief Financial Officer C/O SOCIAL CAPITAL, 120 HAWTHORNE AVENUE, PALO ALTO CA 94301
Chamath Palihapitiya other: Manager THE SOCIAL-CAPITAL PARTNERSHIP, L.L.C., 506 SANTA CRUZ AVENUE, SUITE 300, MENLO PARK CA 94025
Kishan Mehta other: Manager 540 WEST 49TH STREET, UNIT# PH1N, NEW YORK NY 10019
Shoney Katz officer: Director of Research 22 CORNELIA DRIVE, GREENWICH CT 06830
Aaron Cowen other: Manager of Minority Owner 540 MADISON AVENUE, 7TH FLOOR, NEW YORK NY 10022
Scs Sponsor Iv Llc director, 10 percent owner 2850 W. HORIZON RIDGE PARKWAY, SUITE 200, HENDERSON NV 89052
Chachacha Dna Iv, Llc other: Majority Owner 317 UNIVERSITY AVE, SUITE 200, PALO ALTO CA 94301

Social Capital Suvretta Holdings IV (Social Capital Suvretta Holdings IV) Headlines