Altman Z Score Business Bankruptcy Calculator
Altman Z-Score calculation is used to estimate the probability of business bankruptcy of a company.
Altman Z Score Business Bankruptcy Calculation
Altman Z-Score calculation is used to estimate the probability of business bankruptcy of a company.
Code to add this calci to your website
Formula::
If Public Firms,
Z = 1.2T1 + 1.4T2 + 3.3T3 + 0.6T4 + .999T5
If Private Firms,
Z = 0.717T1 + 0.847T2 + 3.107T3 + 0.420T4 + 0.998T5
If Non-Manufacturing Firms,
Z = 6.56T1 + 3.26T2 + 6.72T3 + 1.05T4
Where,
T1 = Working Capital / Total Assets
T2 = Retained Earnings / Total Assets
T3 = Earnings Before Interest and Taxes / Total Assets
T4 = Market Value of Equity / Total Liabilities
T5 = Net Sales/ Total Assets
Simple online business calculator to calculate Z score value of public, private and non-manufacturing companies using altman bankruptcy model.
Calculator 
Formula 
