FiberTower Corporation (FTWR)
FiberTower Corporation Altman Z-Score
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FTWR Altman Z-Score Range, Past 5 Years
| Minimum | -1.964 | Dec 2008 |
| Maximum | 0.6321 | Jun 2007 |
| Average | -1.222 |
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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FTWR News
about 39 days ago by pacman33
about 120 days ago by MarketBrief
about 124 days ago by cfparker
Jan 25, 4:05PM PR Newswire
about 136 days ago by profinneed
Dec 16, 7:09AM Street Insider
Nov 21, 7:42AM Street Insider
Nov 16, 6:40AM Street Insider
Nov 16, 6:30AM PR Newswire
Sep 01, 6:50AM GlobeNewswire
Aug 22, 9:00AM Marketwire
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| FTWR | 0.19 | -0.03 | -12.44% | |
| FTR | 3.50 | +0.07 | +2.04% | 3.495B |
| FTNT | 21.84 | +0.41 | +1.91% | 3.415B |
| FTK | 10.91 | -0.09 | -0.82% | 537.97M |
| FTI | 41.72 | -0.27 | -0.64% | 9.974B |
| FTF | 14.31 | -0.24 | -1.65% | |
| FTEK | 3.50 | +0.01 | +0.29% | 82.74M |
| FTE | 12.91 | -0.07 | -0.54% | 34.36B |
| FT | 6.94 | +0.02 | +0.29% | |
| FSYS | 15.10 | -0.24 | -1.56% | 302.15M |
