Ampco-Pittsburgh Corporation Altman Z-Score
Ampco-Pittsburgh Corporation Altman Z-Score Chart
Ampco-Pittsburgh Corporation Historical Altman Z-Score DataPro Data Export
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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.
View Altman Z-Score for AP.
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AP Altman Z-Score Benchmarks
|China Yuchai International||Go Pro|
|American Science & Engineering||Go Pro|
AP Altman Z-Score Rankings
2261 of 8006
461 of 895 in Industrials
76 of 119 in Diversified Industrials
AP Altman Z-Score Range, Past 5 Years
|Minimum||Go Pro||May 2013|
|Maximum||Go Pro||May 2013|
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Business Wire Apr 24