Compute Edward Altman’s bankruptcy-distress score from five balance-sheet and income-statement inputs. Pick a ticker for instant auto-fill, or enter your own numbers in millions.
Inputs
Result
Z-Score iAltman Z-ScoreA bankruptcy-risk score combining five weighted financial ratios. Used to flag firms in financial distress.Z = 1.2·A + 1.4·B + 3.3·C + 0.6·D + 1.0·E
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DistressEnter inputs to compute
What this means. High bankruptcy risk on this measure.
Reference
Every input and output on this page, explained in plain English. Hover the info icons in the calculator above to see the same content inline.
A bankruptcy-risk score combining five weighted financial ratios. Used to flag firms in financial distress.
Formula
Z = 1.2·A + 1.4·B + 3.3·C + 0.6·D + 1.0·E
How to read the result
Safe Zone5/5
Low bankruptcy risk on this measure.
Grey Zone3/5
Caution — elevated stress signals.
Distress1/5
High bankruptcy risk on this measure.
Short-term liquidity relative to firm size.
Cumulative profitability relative to firm size.
Operating productivity of assets.
Equity cushion above debt obligations.
Asset turnover — revenue generated per dollar of assets.
FAQ
Edward Altman’s 1968 bankruptcy-prediction model that combines five weighted financial ratios into a single distress score.
Educational tool only. The outputs above are produced by a deterministic formula from the values you enter. They are not a recommendation to buy, hold, or sell any security and are not investment advice. Always do your own research and consider consulting a licensed advisor before making investment decisions.
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