The Altman Z-Score Calculator is a formula for predicting bankruptcy of a company. The Z-Score formula was developed in 1968 by Edward l. Altman, an Assistant Professor at New York University. Z-Score calculation is an easy stock calculation formula and is used to predict corporate defaults.
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Altman Z-Score formula used:
Original Public Firms Z-Score formula,
1,2 x (Working Capital / Total Assets)
1,4 x (Retained Earnings / Total Assets)
3,3 x (Earnings Before Interest and Taxes / Total Assets)
0,6 x (Market Value of Equity / Total Liabilities)
0,999 x (Net Sales / Total Assets)