Altman Z-Score Calculator

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

Financial Data

Company Type

Working Capital (Current Assets - Current Liabilities)

Total Assets

Retained Earnings

EBIT (Earnings Before Interest & Taxes)

Market Value of Equity

Book Value of Total Debt

Sales / Revenue

Altman Z-Score

3.70

Safe Zone

Low probability of bankruptcy

Safe Zone> 2.99

Grey Zone1.81 - 2.99

Distress Zone< 1.81

X1: Working Capital / Assets25.00%

X2: Retained Earnings / Assets20.00%

X3: EBIT / Assets15.00%

X4: Equity / Total Debt1.88

X5: Sales / Assets1.50