Columbia Banking System (COLB)
Columbia Banking System 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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COLB News
Apr 25, 4:52PM Street Insider
Apr 25, 4:51PM Street Insider
Apr 25, 4:00PM PR Newswire
Apr 13, 5:26PM PR Newswire
Apr 06, 4:52PM PR Newswire
Apr 05, 10:44AM Street Insider
Apr 05, 10:37AM Benzinga
about 67 days ago by MarketBrief
Feb 23, 5:53PM PR Newswire
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Jan 30, 7:36AM Street Insider
Jan 26, 9:17AM Street Insider
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Jan 26, 9:15AM PR Newswire
Jan 26, 9:15AM PR Newswire
about 305 days ago by DynamicDividend
about 392 days ago by DynamicDividend
about 760 days ago by RobTheStreet
about 854 days ago by StockTickr
about 981 days ago by RAFCashrich
about 1001 days ago by fromtheolive
about 1001 days ago by Financebanter
about 1005 days ago by dakapbj
about 1342 days ago by misstrade
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| COLB | 18.13 | -0.11 | -0.60% | 719.22M |
| COL | 50.15 | -0.47 | -0.93% | 7.454B |
| COKE | 60.75 | -0.22 | -0.36% | 559.51M |
| COHU | 9.35 | -0.16 | -1.68% | 227.67M |
| COHR | 45.53 | +0.04 | +0.09% | 1.073B |
| COH | 68.91 | -0.36 | -0.52% | 19.83B |
| COGO | 1.89 | +0.02 | +1.07% | |
| CHU | 14.22 | -0.39 | -2.67% | 33.51B |
| CHTR | 64.27 | +0.06 | +0.09% | 6.460B |
| CHTP | 1.87 | -0.03 | -1.58% | 125.36M |