Akorn (AKRX)
Akorn Altman Z-Score: 5.960
View AKRX Altman Z-Score with YCharts Pro.
Access these YCharts Pro features:
Export any data you want
Save any chart as an image
Utilize advanced screener power
View 30 years of financial history
over 90 advanced calculations
Enjoy an advertising free experience
AKRX Altman Z-Score Rankings
| Overall | 83rd percentile | 600 of 3550 |
| Sector | 76th percentile | 103 of 433 in Healthcare |
| Industry | 63rd percentile | 4 of 11 in Drugs - Generic |
AKRX Altman Z-Score Range, Past 5 Years
| Minimum | -0.0443 | Sep 2009 |
| Maximum | 47.19 | Jun 2007 |
| Average | 9.097 |
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.
Learn More
You may also be interested in these AKRX related companies
AKRX News
about 3 days ago by Freshcharts
about 4 days ago by ACInvestorBlog
about 5 days ago by InvestorsGuru
about 9 days ago by DrNick
about 10 days ago by vjtweet
about 12 days ago by azendrian
about 12 days ago by 1nvestor
about 12 days ago by MrDayer
about 13 days ago by DrNick
May 09, 7:51AM Street Insider
Apr 17, 4:48PM PR Newswire
Mar 07, 7:30AM Street Insider
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| AKRX | 13.70 | +0.11 | +0.81% | 1.302B |
| AKR | 22.34 | +0.09 | +0.40% | 955.26M |
| AKP | 15.28 | +0.15 | +1.00% | |
| AKO.A | 25.55 | -0.19 | -0.74% | 3.237B |
| AKAM | 29.31 | -0.09 | -0.31% | 5.211B |
| AJG | 34.94 | -0.20 | -0.57% | 4.101B |
| AMZN | 212.89 | -2.35 | -1.09% | 96.88B |
| AMX | 23.84 | -0.15 | -0.63% | 92.34B |
| AMWD | 16.57 | -0.18 | -1.07% | 237.95M |
| AMTD | 17.24 | +0.19 | +1.11% | 9.458B |
