Abey Francis

Abey Francis's Free Management Articles And Case Studies

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  • Updated 5 Years Ago

Altman Z-Score Formula - Corporate Bankruptcy Prediction Model

Updated 6 Years Ago

Altman Z-Score Formula - Corporate Bankruptcy Prediction Model
The Altman Z-Score is a statistical model that incorporates the use of five different ratios which serve to predict the health of a firm. The Altman Z-Score is used to predict bankruptcy of the business using traditional financial ratios and statistical method known as the Multiple Discriminant Analysis.
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