Assess whether the company is at risk or not during the respective year.

Provide an analysis of the company's overall performance during the 2020 ND 2019.

Zeta (3) is the Altman's Z-score= A + B + C + D + E Years 2020 2019 Current Assets 11.68-9.95=1.73 9.51-8.66=0.85 Total Assets 27.45 27.28 0.063 0.0311 A = Working Capital= (Current Assets - Current Liabilities)/total assets B= Retained Earnings / Total Assets Years 2020 2019 Retained Earnings 4.45 4.53 Total Assets 27.45 27.28 B 0.1621 0.1660 C= Earnings before Interest & Taxes (EBIT) / Total Assets Years 2020 2019 EBIT -0.05 0.36 Total Assets 27.45 27.28 C 0.1621 0.1660 Dr Shareholder's Equity / Total Liabilities Years 2020 2019 Shareholder's Equity 14.43 14.51 Total Debt 13.02 12.77 D 1.108 1.136 E= Sales / Total Assets Years 2020 2019 Sales 3.82 5.76 Total Assets 27.45 27.28 E 0.1391 0.211 Zeta (3) is the Altman's Z-score= A + B + C + D + E Years 2020 2019 Current Assets 11.68-9.95=1.73 9.51-8.66=0.85 Total Assets 27.45 27.28 0.063 0.0311 A = Working Capital= (Current Assets - Current Liabilities)/total assets B= Retained Earnings / Total Assets Years 2020 2019 Retained Earnings 4.45 4.53 Total Assets 27.45 27.28 B 0.1621 0.1660 C= Earnings before Interest & Taxes (EBIT) / Total Assets Years 2020 2019 EBIT -0.05 0.36 Total Assets 27.45 27.28 C 0.1621 0.1660 Dr Shareholder's Equity / Total Liabilities Years 2020 2019 Shareholder's Equity 14.43 14.51 Total Debt 13.02 12.77 D 1.108 1.136 E= Sales / Total Assets Years 2020 2019 Sales 3.82 5.76 Total Assets 27.45 27.28 E 0.1391 0.211