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  • Altman Z Score

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    Anirudh
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    The document shows financial metrics for two Indian airlines, Jet Airways and SpiceJet, for a given time period. It provides data on total assets, net working capital, profit before depreciation, interest and taxes (PBDIT), retained earnings, sales, market capitalization and total debt for each airline. It then calculates various proportions of these metrics to total assets and a z-score to determine the bankruptcy risk for each company, finding Jet Airways at high risk of bankruptcy while SpiceJet is determined to be at low risk of default.

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    credir risk default

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    altman z score

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    The document shows financial metrics for two Indian airlines, Jet Airways and SpiceJet, for a given time period. It provides data on total assets, net working capital, profit before depreciation, interest and taxes (PBDIT), retained earnings, sales, market capitalization and total debt for each airline. It then calculates various proportions of these metrics to total assets and a z-score to determine the bankruptcy risk for each company, finding Jet Airways at high risk of bankruptcy while SpiceJet is determined to be at low risk of default.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    6 views1 page

    Altman Z Score

    Uploaded by

    Anirudh
    The document shows financial metrics for two Indian airlines, Jet Airways and SpiceJet, for a given time period. It provides data on total assets, net working capital, profit before depreciation, interest and taxes (PBDIT), retained earnings, sales, market capitalization and total debt for each airline. It then calculates various proportions of these metrics to total assets and a z-score to determine the bankruptcy risk for each company, finding Jet Airways at high risk of bankruptcy while SpiceJet is determined to be at low risk of default.

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    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
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    of 1

    PARTICULARS JETAIRWAYS SPICEJET

    TOTAL ASSETS -1,844.01 952.48


    NET.W.C -6,315.01 -747.17
    PBDIT 745.14 831.37
    R&S -7,252.73 -655.37
    SALES 24,510.69 7,799.54
    M.CAP 855.96 7,478.49
    T.DEBT 5,295.12 1,008.39

    Particulars proportion JETAIRWAYS SPICEJET


    W.C/T.A 1.2 3.4246072418 -0.784446918
    PBDIT/TA 3.3 -0.4040867457 0.8728477238
    RES/T.A 1.4 3.9331294299 -0.688066941
    SALES/T.A 1 -13.2920591537 8.1886653788
    M.CAP/T.D 0.6 0.1616507275 7.4162675155
    Z-SCORE -4.9126450861 13.614193358
    BANKRUPTCY NO DEFAULT

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