American Electric Technologies (AETI)
American Electric Technologies Altman Z-Score: 3.278
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AETI Altman Z-Score Rankings
| Overall | 59th percentile | 1447 of 3550 |
| Sector | 60th percentile | 119 of 299 in Industrial Goods |
| Industry | 53rd percentile | 19 of 41 in Industrial Electrical Equipment |
AETI Altman Z-Score Range, Past 5 Years
| Minimum | 2.673 | Dec 2010 |
| Maximum | 4.844 | Sep 2007 |
| Average | 3.475 |
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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AETI News
about 27 days ago by MarketBrief
Apr 18, 3:20PM GlobeNewswire
Mar 21, 5:39PM GlobeNewswire
Mar 21, 7:00AM GlobeNewswire
Mar 16, 7:00AM GlobeNewswire
Nov 30, 10:00AM GlobeNewswire
Oct 10, 2:00PM GlobeNewswire
Sep 26, 9:00AM GlobeNewswire
about 702 days ago by ConfidentInvest
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| AETI | 4.48 | -0.04 | -0.89% | 35.08M |
| AET | 41.20 | +0.07 | +0.17% | 14.44B |
| AES | 12.55 | +0.17 | +1.37% | 9.629B |
| AERL | 4.17 | +0.12 | +2.96% | 161.80M |
| AER | 11.43 | +0.02 | +0.18% | 1.598B |
| AEPI | 34.74 | +0.04 | +0.12% | 191.07M |
| AEP | 38.23 | +0.25 | +0.66% | 18.50B |
| AEO | 19.99 | +0.39 | +1.99% | 3.915B |
| ADES | 25.91 | -0.59 | -2.23% | 259.10M |
| ADEP | 4.53 | +0.01 | +0.22% | 43.85M |
