Delta Air Lines (DAL)
Delta Air Lines Altman Z-Score: 0.7129
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DAL Altman Z-Score Rankings
| Overall | 18th percentile | 2879 of 3550 |
| Sector | 13th percentile | 692 of 799 in Services |
| Industry | 0th percentile | 5 of 5 in Major Airlines |
DAL Altman Z-Score Range, Past 5 Years
| Minimum | -0.3338 | Mar 2009 |
| Maximum | 0.9037 | Sep 2007 |
| Average | 0.4393 |
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 |
|---|---|---|---|---|
| DAL | 11.37 | +0.10 | +0.89% | 9.614B |
| DAKT | 7.15 | -0.03 | -0.42% | 299.23M |
| CY | 13.25 | +0.11 | +0.84% | 2.052B |
| CXZ | 0.35 | -0.01 | -2.78% | 18.86M |
| CXW | 26.08 | -0.18 | -0.69% | 2.596B |
| CXS | 10.02 | -0.06 | -0.60% | 767.73M |
| CXPO | 4.12 | -0.08 | -1.90% | 185.94M |
| CXO | 89.67 | +0.82 | +0.92% | 9.300B |
| CXM | 0.2375 | -0.00 | -0.25% | 28.41M |
| CXH | 10.60 | +0.00 | +0.00% |