Biodel (BIOD)
Biodel Altman Z-Score
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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.
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BIOD News
about 3 days ago by Tr8r_x
about 3 days ago by Tr8r_x
May 10, 3:32PM PR Newswire
May 07, 6:00AM PR Newswire
about 32 days ago by TradeIdeas1
about 32 days ago by investorgadget
about 32 days ago by biotech
about 32 days ago by oliveblakcok
Mar 14, 4:00PM PR Newswire
Mar 08, 6:00AM PR Newswire
Feb 03, 6:59AM PR Newswire
Jan 20, 7:04AM Street Insider
Jan 06, 6:59AM PR Newswire
Dec 01, 4:00PM PR Newswire
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| BIOD | 0.76 | +0.01 | +1.47% | 29.42M |
| BIOB | 107.27 | +0.67 | +0.63% | 3.053B |
| BIO | 101.39 | -0.63 | -0.62% | 2.859B |
| BIN | 19.71 | -0.18 | -0.91% | 2.312B |
| BIK | 20.72 | -0.02 | -0.10% | |
| BIIB | 131.56 | -0.09 | -0.07% | 31.41B |
| BIG | 37.30 | +1.55 | +4.34% | 2.469B |
| BIF | 5.73 | +0.01 | +0.17% | |
| BIDZ | 0.76 | +0.01 | +0.66% | 13.97M |
| BDN | 11.29 | -0.07 | -0.62% | 1.611B |
