Devised in the 1960s by Edward Altman, a Z score indicates the probability of a company entering bankruptcy within the next two years. The higher the Z score, the lower the probability of bankruptcy.

Given the ongoing panic in coal shares, I decided to do a series which will look at several coal stocks using the Altman Z-score. The purpose will be to get a feel of the relative risk with each coal ...

Among all stocks trading on the New York Stock Exchange and Nasdaq, two medical companies, Intuitive Surgical Inc. ( ISRG) and Anika Therapeutics Inc. ( ANIK), have relatively strong Altman Z-scores.

Forecasting fiscal stability in municipalities is increasingly critical as public entities face unprecedented financial challenges. Recent research has adapted Altman's renowned Z-Score model — ...

Simply sign up to the FT Alphaville myFT Digest -- delivered directly to your inbox. As Risk reports, Edward Altman, senior advisor to Classis Capital and creator of the Altman Z-scores used to ...

Given the ongoing panic in coal shares, I decided to do a series which will look at several coal stocks using the Altman Z-score. The purpose will be to get a feel for the relative risk of each coal ...

Altman's original five-ratio model (see Altman Z-score) was designed for manufacturers, or sectors with high capital intensity, such as mining. The problem is it uses the sales/total assets ratio, ...