The balance sheet of Suvarana Textiles Limited as on 31st March 2018 and the profit and loss statement for the year ended on that date is given as follows.

Based on the aforesaid information, you are required to calculate the Z score. What does the Z score indicate?

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Balance Sheet Particulars Assets Non-current assets Current assets Cash Trade receivables Inventory Other current assets Shareholders' funds Equity Shares capital Other equity Long-term debts Current liabilities Trade payables Bank loans (in Million) 910 17,630 19,040 630 1,100 12,150 8,190 14,500 11,830 38,210 50,040 13,250 14,100 22,690 50,040