DryShips (DRYS)
DryShips Altman Z-Score: 0.332
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DRYS Altman Z-Score Rankings
| Overall | 13th percentile | 3065 of 3550 |
| Sector | 8th percentile | 731 of 799 in Services |
| Industry | 27th percentile | 24 of 33 in Shipping |
DRYS Altman Z-Score Range, Past 5 Years
| Minimum | -0.1544 | Sep 2009 |
| Maximum | 3.600 | Sep 2007 |
| Average | 0.8228 |
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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DRYS News
about 2 days ago by woowtrading
about 4 days ago by TradeIdeasQuant
May 25, 9:33AM Street Insider
about 4 days ago by nomelake
about 6 days ago by rg_trader
about 6 days ago by ThirstyApples
about 6 days ago by Turkish
May 22, 12:29PM Street Insider
about 7 days ago by Good2go
May 22, 11:00AM Benzinga
about 7 days ago by txchick57
about 8 days ago by txchick57
about 12 days ago by txchick57
May 15, 10:19AM Street Insider
May 07, 10:21AM Street Insider
May 01, 8:05AM Marketwire
Apr 13, 9:02AM Street Insider
Apr 13, 9:01AM Benzinga
Apr 13, 9:00AM Benzinga
Apr 12, 9:18AM Benzinga
Apr 12, 9:01AM Street Insider
Apr 12, 9:00AM Marketwire
Apr 12, 9:00AM Marketwire
Apr 09, 4:01PM Marketwire
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| DRYS | 2.29 | +0.04 | +1.78% | 937.50M |
| DRWI | 3.04 | -0.01 | -0.33% | 108.13M |
| DRW | 24.87 | +0.01 | +0.04% | |
| DROOY | 6.15 | +0.02 | +0.33% | |
| DRN | 64.30 | -0.85 | -1.30% | |
| DRL | 1.45 | -0.04 | -2.68% | 186.04M |
| DRIV | 14.57 | +0.23 | +1.60% | 518.40M |
| DRI | 53.06 | -0.18 | -0.34% | 6.815B |
| DRH | 9.85 | -0.01 | -0.10% | 1.661B |
| DK | 16.91 | +0.47 | +2.86% | 983.49M |
