General Electric Company (GE)
General Electric Company Altman Z-Score: 1.481
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GE Altman Z-Score Rankings
| Overall | 30th percentile | 2454 of 3549 |
| Sector | 15th percentile | 254 of 299 in Industrial Goods |
| Industry | 13th percentile | 46 of 53 in Diversified Machinery |
GE Altman Z-Score Range, Past 5 Years
| Minimum | 1.346 | Jun 2009 |
| Maximum | 1.599 | Sep 2007 |
| Average | 1.442 |
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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Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| GE | 19.29 | +0.09 | +0.47% | 203.16B |
| GDXJ | 20.39 | +0.36 | +1.80% | |
| GDX | 45.21 | +0.30 | +0.67% | |
| GDV | 15.07 | +0.10 | +0.67% | |
| GDP | 16.10 | +0.53 | +3.40% | 566.28M |
| FXEN | 4.93 | +0.07 | +1.44% | 257.24M |
| FXE | 124.58 | +0.10 | +0.08% | |
| FXCM | 10.21 | +0.17 | +1.69% | 200.00M |
| FXC | 97.21 | +0.63 | +0.65% | |
| FXB | 155.26 | +0.11 | +0.07% |