GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Buyuk Sefler Gida Turizm Tekstil Danismanlik Org Egt San ve Tic AS (IST:BIGCH) » Definitions » Altman Z-Score

Buyuk Sefler Gida Turizm Tekstil Danismanlik Org Egtn ve Tic AS (IST:BIGCH) Altman Z-Score : 3.68 (As of Apr. 07, 2025)


View and export this data going back to 2023. Start your Free Trial

What is Buyuk Sefler Gida Turizm Tekstil Danismanlik Org Egtn ve Tic AS 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.

Good Sign:

Altman Z-score of 3.68 is strong.

Buyuk Sefler Gida Turizm Tekstil Danismanlik Org Egtn ve Tic AS has a Altman Z-Score of 3.68, indicating it is in Safe Zones. This implies the Altman Z-Score is strong.

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 Buyuk Sefler Gida Turizm Tekstil Danismanlik Org Egtn ve Tic AS's Altman Z-Score or its related term are showing as below:

IST:BIGCH' s Altman Z-Score Range Over the Past 10 Years
Min: 3.68   Med: 3.85   Max: 3.85
Current: 3.68

During the past 5 years, Buyuk Sefler Gida Turizm Tekstil Danismanlik Org Egtn ve Tic AS's highest Altman Z-Score was 3.85. The lowest was 3.68. And the median was 3.85.


Buyuk Sefler Gida Turizm Tekstil Danismanlik Org Egtn ve Tic AS Altman Z-Score Historical Data

The historical data trend for Buyuk Sefler Gida Turizm Tekstil Danismanlik Org Egtn ve Tic AS'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.

Buyuk Sefler Gida Turizm Tekstil Danismanlik Org Egtn ve Tic AS Altman Z-Score Chart

Buyuk Sefler Gida Turizm Tekstil Danismanlik Org Egtn ve Tic AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Altman Z-Score
- - - 3.84 3.85

Buyuk Sefler Gida Turizm Tekstil Danismanlik Org Egtn ve Tic AS Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Altman Z-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.84 4.99 4.46 3.93 3.85

Competitive Comparison of Buyuk Sefler Gida Turizm Tekstil Danismanlik Org Egtn ve Tic AS's Altman Z-Score

For the Restaurants subindustry, Buyuk Sefler Gida Turizm Tekstil Danismanlik Org Egtn ve Tic AS'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.


Buyuk Sefler Gida Turizm Tekstil Danismanlik Org Egtn ve Tic AS's Altman Z-Score Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Buyuk Sefler Gida Turizm Tekstil Danismanlik Org Egtn ve Tic AS's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Buyuk Sefler Gida Turizm Tekstil Danismanlik Org Egtn ve Tic AS's Altman Z-Score falls into.


;
;

Buyuk Sefler Gida Turizm Tekstil Danismanlik Org Egtn ve Tic AS 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.

Buyuk Sefler Gida Turizm Tekstil Danismanlik Org Egtn ve Tic AS'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*-0.0547+1.4*0.2976+3.3*0.1512+0.6*2.368+1.0*1.4051
=3.68

* 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 Dec. 2024:
Total Assets was ₺2,468 Mil.
Total Current Assets was ₺633 Mil.
Total Current Liabilities was ₺768 Mil.
Retained Earnings was ₺734 Mil.
Pre-Tax Income was 51.554 + 78.935 + 89.966 + 44.236 = ₺265 Mil.
Interest Expense was -15.206 + -42.911 + -33.255 + -17.175 = ₺-109 Mil.
Revenue was 1059.76 + 933.601 + 845.856 + 628.476 = ₺3,468 Mil.
Market Cap (Today) was ₺2,932 Mil.
Total Liabilities was ₺1,238 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
=(633.034 - 768.014)/2467.934
=-0.0547

X2=Retained Earnings/Total Assets
=734.459/2467.934
=0.2976

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(264.691 - -108.547)/2467.934
=0.1512

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=2931.800/1238.112
=2.368

X5=Revenue/Total Assets
=3467.693/2467.934
=1.4051

The zones of discrimination were as such:

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

Buyuk Sefler Gida Turizm Tekstil Danismanlik Org Egtn ve Tic AS has a Altman Z-Score of 3.68 indicating it is in Safe Zones.

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


Buyuk Sefler Gida Turizm Tekstil Danismanlik Org Egtn ve Tic AS  (IST:BIGCH) 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.


Buyuk Sefler Gida Turizm Tekstil Danismanlik Org Egtn ve Tic AS Altman Z-Score Related Terms

Thank you for viewing the detailed overview of Buyuk Sefler Gida Turizm Tekstil Danismanlik Org Egtn ve Tic AS's Altman Z-Score provided by GuruFocus.com. Please click on the following links to see related term pages.


Buyuk Sefler Gida Turizm Tekstil Danismanlik Org Egtn ve Tic AS Business Description

Traded in Other Exchanges
N/A
Address
Fatih Sultan Mehmet Mahallesi, Ataturk Caddesi, No: 9/2 Armutlu, Sariyer, Istanbul, TUR
Buyuk Sefler Gida Turizm Tekstil Danismanlik Org Egt San ve Tic AS is engaged in operating facilities such as restaurants, cafeterias, and public resting places. It has a presence in Istanbul, Ankara, Izmir, Antalya, Adana, Bodrum, Marmaris, Bursa, Denizli, Iskenderun, Eskisehir, Kayseri, Mersin, Germany, Azerbaijan, Kazakhstan, Kuwait and Saudi Arabia.

Buyuk Sefler Gida Turizm Tekstil Danismanlik Org Egtn ve Tic AS Headlines

No Headlines