Z-Score-Bankruptcy Predictor
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BusinessAllstars.com

http://www.creditguru.com/CalcAltZ.shtml
Company        Date
E.B.I.T. or N.O.I.		EBIT / Total Assets (3.3)	%
Total Assets		Net Sales / Total Assets (0.999)	%
Net Sales		Equity / Total Liab (0.6)	%
Market Value of Equity		Work Cap / Total Assets (1.2)	%
Total Liabilities		Ret Earn / Total Assets (1.4)	%
Current Assets
Current Liabilities		Z-Score
Retained Earnings
These ratios are multiplied by the weightage, and the results are added together.
Z-Score = A x 3.3 + B x 0.99 + C x 0.6 + D x 1.2 + E x 1.4
The Interpretation of Z Score: Z-SCORE OVER 3.0 - The company is safe based on financial figures. Z-SCORE FROM 2.7 TO 2.99 - On Alert. Please exercise caution. Z-SCORE FROM 1.8 TO 2.7 - A chances of bankruptcy within 2 years. Z-SCORE BELOW 1.80 - Financial failure is probable.