Bengaluru, Aug. 3 -- The Piotroski Score is a financial metric used to assess a company's financial health by assigning a score based on nine criteria. Developed by Professor Joseph Piotroski, this score helps investors evaluate whether a company's financial situation is improving or declining.

The criteria include factors such as profitability (positive net income and return on assets), cash flow (positive operating cash flow and cash flow exceeding net income), debt management (reduction in long-term debt), liquidity (increase in the current ratio), equity issuance (no new shares issued), and operational efficiency (increase in gross margin and asset turnover).

Each of these factors is assigned one point, and the total score ranges ...