Z score

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Related to Z-Score Model: Altman Z Score

Z score

Statistical measure that quantifies the distance (measured in standard deviations) a data point is from the mean of a data set. Separately, Z score is the output from a credit-strength test that gauges the likelihood of bankruptcy.

Z Score

In statistics, the number of standard deviations a data point is from the mean value. Measuring the Z-score of a company is used to help determine a company's likelihood of bankruptcy.
References in periodicals archive ?
Can Altman Z-Score Models Predict Business Failures in Greece.
Interpretation of Z-score model Category Z-score value Inference/Implications I Below 1.
Note that if the book value variation of the Z-score model was used instead (substituting the book value of equity of $156.
The original Z-score model was revised and modified several times in order to find the scoring model more specific to a particular class of firm (for a detailed presentation of the different developments please refer to Altman and Narayan, 1997 and Altman, 2000).
The following UK-based z-score model of Taffler (1983, 1984) and Agarwal and Taffler (2007) employed in this study is derived in a similar way to Altman (1968) using a discriminant modeling approach: