Altman Z″ Score
A score worked out from the financial statements that estimates how likely a company is to get into serious financial trouble.
Above 2.6 is the safe zone, between 1.1 and 2.6 is the grey zone and below 1.1 is the distress zone.
A score worked out from the financial statements that estimates how likely a company is to get into serious financial trouble.
Above 2.6 is the safe zone, between 1.1 and 2.6 is the grey zone and below 1.1 is the distress zone.