Energy Recovery (ERII)
Energy Recovery Altman Z-Score: 5.357
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ERII Altman Z-Score Rankings
| Overall | 79th percentile | 724 of 3549 |
| Sector | 86th percentile | 39 of 299 in Industrial Goods |
| Industry | 75th percentile | 2 of 8 in Pollution & Treatment Controls |
ERII Altman Z-Score Range, Past 5 Years
| Minimum | 5.357 | May 29 2012 |
| Maximum | 25.91 | Mar 2009 |
| Average | 12.33 |
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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ERII News
about 26 days ago by earningscast
May 02, 5:22PM Street Insider
May 02, 5:21PM GlobeNewswire
Mar 29, 10:09AM Thomson Reuters ONE
Mar 26, 8:03AM Thomson Reuters ONE
about 68 days ago by RecogniaEvents
Mar 22, 8:03AM Thomson Reuters ONE
Mar 13, 2:39PM Street Insider
Mar 13, 12:39PM Street Insider
about 82 days ago by earningscast
Mar 08, 4:05PM GlobeNewswire
Mar 06, 8:05AM Thomson Reuters ONE
Mar 01, 8:15AM Thomson Reuters ONE
Feb 28, 8:03AM Thomson Reuters ONE
about 152 days ago by Random_Walk
about 180 days ago by Tr8r_x
about 181 days ago by TradeIdeasQuant
about 181 days ago by TradeIdeasQuant
about 218 days ago by VexTrades
about 229 days ago by VexTrades
about 241 days ago by VexTrades
about 243 days ago by VexTrades
about 249 days ago by Tr8r_x
about 249 days ago by Tr8r_x
about 336 days ago by TheBalancedBull
about 405 days ago by PrinceCove
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| ERII | 2.23 | +0.04 | +1.83% | 115.30M |
| ERIE | 72.07 | +0.36 | +0.50% | 3.423B |
| ERIC | 8.86 | +0.28 | +3.26% | 27.54B |
| ERH | 11.14 | +0.01 | +0.09% | |
| ERF | 13.91 | +0.27 | +1.98% | 2.672B |
| EQT | 47.24 | +0.34 | +0.72% | 7.022B |
| EQS | 2.06 | +0.01 | +0.49% | |
| FLL | 2.96 | -0.02 | -0.63% | 55.26M |
| FLIR | 21.61 | +0.30 | +1.41% | 3.283B |
| FLIC | 27.31 | +0.05 | +0.18% | 240.98M |
