EDAP TMS (EDAP)
EDAP TMS Altman Z-Score: -0.1415
View EDAP 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
EDAP Altman Z-Score Rankings
| Overall | 9th percentile | 3217 of 3550 |
| Sector | 23rd percentile | 332 of 433 in Healthcare |
| Industry | 9th percentile | 65 of 72 in Medical Appliances & Equipment |
EDAP Altman Z-Score Range, Past 5 Years
| Minimum | -0.168 | Dec 2011 |
| Maximum | 2.485 | Sep 2007 |
| Average | 0.9269 |
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 EDAP related companies
EDAP News
May 17, 9:41AM GlobeNewswire
Apr 30, 9:00AM GlobeNewswire
about 41 days ago by walkerstrat
about 42 days ago by jarnolaine
about 42 days ago by jarnolaine
about 42 days ago by super_trades
Mar 15, 9:23AM GlobeNewswire
Feb 27, 8:30AM GlobeNewswire
about 95 days ago by jarnolaine
about 98 days ago by Tr8r_x
about 105 days ago by Wiserguy1971
Jan 30, 8:30AM GlobeNewswire
about 124 days ago by MarketMaker
about 126 days ago by Tr8r_x
about 126 days ago by jarnolaine
about 126 days ago by jarnolaine
about 141 days ago by Wiserguy1971
about 143 days ago by Tr8r_x
about 145 days ago by jarnolaine
about 202 days ago by jarnolaine
Oct 19, 8:30AM GlobeNewswire
Sep 06, 8:30AM GlobeNewswire
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| EDAP | 1.80 | -0.05 | -2.70% | 23.62M |
| ED | 59.61 | +0.02 | +0.03% | 17.46B |
| ECYT | 6.30 | +0.02 | +0.32% | 225.16M |
| ECPG | 24.16 | -0.07 | -0.29% | 592.40M |
| ECL | 64.35 | -0.74 | -1.14% | 18.78B |
| ECHO | 17.01 | +0.19 | +1.13% | 379.83M |
| ECH | 59.29 | +0.28 | +0.47% | |
| ECF | 6.88 | -0.01 | -0.13% | |
| ECA | 20.50 | +0.24 | +1.18% | 15.08B |
| EC | 57.73 | +0.42 | +0.73% | 118.68B |