Metrics & KPIsZ-score for predicting bankruptcy
Definition
The <a href="http://en.wikipedia.org/wiki/Z-Score_Financial_Analysis_Tool">Z-score formula for predicting bankruptcy</a> was developed in 1968 by Edward I. Altman, a financial economist and professor at the Leonard N. Stern School of Business at New York University. The Z-score is a multivariate formula that measures the financial health of a company and predicts the probability of bankruptcy within two years.
Tags
analysis