Altmans Z Score Calculator

Calculate Altmans Z Score

3.3
 x 
Net Earnings:
 / 
Total Assets:

 + 
0.999
 x 
Net Sales:
 / 
Total Assets:

 + 
0.6
 x 
Common Stock Value:
 + 
Preferred Stock Value:
 / 
Total Liabilities:

 + 
1.2
 x 
Total Current Assets:
 - 
Total Current Liabilities:
 / 
Total Assets:

 + 
1.4
 x 
Retained Earnings:
 / 
Total Assets:
=
0.00

About Altmans Z Score

Altman's Z-Score formula weighs five ratios then adds them together to come up with a bankruptcy prediction estimate for a company.

Interpreting the Calculator Results

If Altmans Z Score increases over time:

An increasing Altman's Z-Score is generally a positive sign, showing the company's chances of avoiding bankruptcy may be higher, but this score should be checked against other companies and industry standards.

If Altmans Z Score decreases over time:

A decreasing Altman''s Z-Score is generally a negative sign, showing the company''s chances of avoiding bankruptcy may be lower, but this score should be checked against other companies and industry standards.

If Altmans Z Score stays the same over time:

An unchanged Altman''s Z-Score may indicate the company''s chances of avoiding bankruptcy have remained the same.

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