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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

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

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