Altman Z-Score Calculator

Calculate the Altman Z-Score to predict the likelihood of corporate bankruptcy using financial ratios.

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Important Financial Disclaimer

This calculator provides estimates based on standard financial formulas from verified references. Results are for informational and educational purposes only and should not be considered as professional financial, investment, or tax advice.

For important financial decisions such as loans, investments, mortgages, retirement planning, or tax matters, please consult with qualified financial advisors, certified financial planners, or licensed tax professionals who can review your specific situation.

Calculations may not account for all variables specific to your circumstances, local regulations, or current market conditions. Always verify results and consult professionals before making financial commitments.

Not a substitute for professional financial advice

Financial Data

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$
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$
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Altman Z-Score

3.70

Safe Zone

Low probability of bankruptcy

Score Thresholds

Safe Zone> 2.99
Grey Zone1.81 - 2.99
Distress Zone< 1.81

Component Ratios

X1: Working Capital / Assets25.00%
X2: Retained Earnings / Assets20.00%
X3: EBIT / Assets15.00%
X4: Equity / Total Debt1.88
X5: Sales / Assets1.50
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