Adobe Systems (ADBE)
Adobe Systems Altman Z-Score: 5.142
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ADBE Altman Z-Score Rankings
| Overall | 78th percentile | 772 of 3550 |
| Sector | 70th percentile | 227 of 758 in Technology |
| Industry | 63rd percentile | 29 of 80 in Application Software |
ADBE Altman Z-Score Range, Past 5 Years
| Minimum | 4.743 | Nov 2011 |
| Maximum | 17.31 | May 2007 |
| Average | 8.022 |
About Altman Z-Score
CAUTION: The Altman Z-Score is meant to be applied only to manufacturing firms that are near bankruptcy. It was not based on a sample including non-manufacturing firms (service firms, banks, etc.). Use it at your own risk with those companies, but beware that bankruptcy probabilities may be misstated.
The Altman Z-Score helps investors to gauge the probability of a company going bankrupt. Generally, firms with a score above 3.00 have a low probability of bankruptcy, and those with a Z-Score of less than 1.81 have a relatively high probability of bankruptcy.
Note that this is a probabilistic model, so it will not classify perfectly.
The score was first published in a 1968 paper by Edward Altman titled "Financial Ratios, Discriminant Analysis and the Prediction of Corporate Bankruptcy."
Altman re-tested the model in a 2000 paper titled "Predicting financial distress of companies: Revisiting the Z-score and Zeta models". The paper showed that the model still had utility for looking at manufacturers, though the number of misclassifications did increase over time.
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ADBE News
about 6 days ago by TeraNova
about 7 days ago by pdenlinger
May 15, 9:01AM Business Wire
May 15, 2:04AM Business Wire
May 15, 2:00AM Business Wire
about 19 days ago by MarketBrief
about 23 days ago by covestor
about 27 days ago by jackdamn
about 27 days ago by NYC12
about 30 days ago by heuristocrat
about 33 days ago by bradloncar
Apr 23, 4:01PM Business Wire
about 34 days ago by WorldJazz59
about 34 days ago by STtech
about 34 days ago by heuristocrat
about 39 days ago by RecogniaEvents
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| ADBE | 31.60 | +0.06 | +0.19% | 15.60B |
| ADAT | 0.70 | -0.03 | -3.89% | 37.66M |
| AIMC | 17.11 | -0.24 | -1.38% | 460.94M |
| AIM | 3.84 | -0.04 | -1.03% | 14.48M |
| AIG | 28.99 | -0.42 | -1.43% | 54.99B |
| AIA | 39.71 | -0.22 | -0.55% | |
| AI | 22.23 | -0.31 | -1.38% | 170.28M |
| AHT | 8.28 | +0.13 | +1.60% | 563.29M |
| AHPI | 3.29 | +0.00 | +0.00% | 26.71M |
| AHL | 28.13 | -0.12 | -0.42% | 1.994B |
