Empire District Electric (EDE)
Empire District Electric Altman Z-Score: 0.8868
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EDE Altman Z-Score Rankings
| Overall | 21st percentile | 2789 of 3550 |
| Sector | 36th percentile | 64 of 100 in Utilities |
| Industry | 42nd percentile | 26 of 45 in Electric Utilities |
EDE Altman Z-Score Range, Past 5 Years
| Minimum | 0.7112 | Jun 2009 |
| Maximum | 1.022 | Dec 2007 |
| Average | 0.8557 |
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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EDE News
Apr 26, 10:56AM Business Wire
Apr 02, 4:33PM Benzinga
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Mar 01, 3:35PM Business Wire
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Feb 02, 4:24PM Street Insider
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Nov 17, 11:48AM Business Wire
Nov 15, 6:29PM Benzinga
about 291 days ago by DynamicDividend
about 291 days ago by ycharts
about 359 days ago by StockTiger
about 369 days ago by DynamicDividend
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| EDE | 20.50 | +0.01 | +0.05% | 859.16M |
| EDD | 14.86 | -0.09 | -0.60% | |
| EDC | 66.04 | -0.98 | -1.46% | |
| EDAP | 1.80 | -0.05 | -2.70% | 23.62M |
| DGX | 58.00 | +0.59 | +1.03% | 9.184B |
| DGSE | 7.43 | +0.00 | +0.00% | 77.49M |
| DGS | 42.48 | -0.18 | -0.42% | |
| DGLY | 0.441 | -0.07 | -13.53% | 7.122M |
| DGL | 54.33 | +0.43 | +0.80% | |
| DGIT | 8.64 | +0.06 | +0.70% | 236.48M |