Brocade Communications Systems (BRCD)
Brocade Communications Systems Altman Z-Score: 2.102
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BRCD Altman Z-Score Rankings
| Overall | 41st percentile | 2081 of 3550 |
| Sector | 35th percentile | 492 of 758 in Technology |
| Industry | 23rd percentile | 13 of 17 in Data Storage Devices |
BRCD Altman Z-Score Range, Past 5 Years
| Minimum | 0.9104 | Jan 2009 |
| Maximum | 4.334 | Oct 2007 |
| Average | 2.114 |
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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Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| BRCD | 4.76 | +0.03 | +0.63% | 2.183B |
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| BR | 20.54 | -0.06 | -0.29% | 2.548B |
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| CBT | 38.27 | -0.88 | -2.25% | 2.413B |
| CBST | 39.87 | -0.04 | -0.10% | 2.510B |
| CBSH | 39.00 | -0.06 | -0.15% | 3.473B |
| CBS | 31.56 | -0.07 | -0.22% | 20.48B |
