Central European Media Enterprises (CETV)
Central European Media Enterprises Altman Z-Score: 0.2879
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CETV Altman Z-Score Rankings
| Overall | 13th percentile | 3080 of 3550 |
| Sector | 8th percentile | 733 of 799 in Services |
| Industry | 50th percentile | 7 of 14 in Broadcasting - TV |
CETV Altman Z-Score Range, Past 5 Years
| Minimum | 0.2879 | May 25 2012 |
| Maximum | 3.977 | Dec 2007 |
| Average | 1.321 |
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 |
|---|---|---|---|---|
| CETV | 5.98 | -0.14 | -2.29% | 385.05M |
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| CNGL | 0.3801 | +0.00 | +0.00% | 14.03M |
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| CNC | 37.30 | +1.19 | +3.30% | 1.906B |
| CNBKA | 27.50 | +0.04 | +0.15% | 152.35M |
| CNBC | 10.11 | -0.05 | -0.49% | 165.10M |
| CNAM | 0.50 | -0.01 | -1.86% | 7.62M |
