Cambrex Corporation (CBM)
Cambrex Corporation Altman Z-Score: 2.120
View CBM 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
CBM Altman Z-Score Rankings
| Overall | 41st percentile | 2072 of 3550 |
| Sector | 40th percentile | 259 of 433 in Healthcare |
| Industry | 55th percentile | 54 of 120 in Biotechnology |
CBM Altman Z-Score Range, Past 5 Years
| Minimum | 1.264 | Jun 2011 |
| Maximum | 2.120 | May 25 2012 |
| Average | 1.657 |
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 CBM related companies
CBM News
May 04, 11:31AM Street Insider
about 24 days ago by earningscast
about 72 days ago by RecogniaEvents
about 73 days ago by MarketBrief
about 75 days ago by RecogniaEvents
about 111 days ago by earningscast
Feb 06, 5:13PM Street Insider
Feb 06, 3:34PM PR Newswire
Feb 02, 9:57AM PR Newswire
about 118 days ago by StockTwits50
about 120 days ago by SteviniP
Nov 01, 8:37AM PR Newswire
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| CBM | 7.08 | +0.00 | +0.00% | 209.71M |
| CBLI | 1.30 | +0.09 | +7.44% | 46.29M |
| CBL | 17.54 | -0.02 | -0.11% | 2.606B |
| CBKN | 2.16 | -0.04 | -1.82% | 185.33M |
| CBK | 1.32 | -0.06 | -4.35% | 47.52M |
| CBIN | 13.13 | +0.19 | +1.47% | 43.59M |
| CBI | 37.12 | -0.53 | -1.41% | 3.628B |
| CEA | 14.45 | -0.10 | -0.69% | 2.769B |
| CE | 40.78 | -0.03 | -0.07% | 6.395B |
| CDZI | 7.89 | -0.21 | -2.59% | 121.82M |
