The financials of a company is given below. Using Altmans Z score comment on the solvency of the company.

Equities and Liabilities	Rs/Crs
Share Capital	500
Reserve and Surplus	1100
Non-Current Liabilities	1000
Current Liabilities	900
Total	3500
Assets
Non-Current Assets	2200
Current Assets	1300
Total	3500
Statement of Profit and Loss
Revenue	4000
Expenses	2200
EBIT	1800
No of equity Shares	50
Market price per share (Rs)	15