GlaxoSmithKline (GSK)
GlaxoSmithKline Altman Z-Score: 2.902
View GSK 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
GSK Altman Z-Score Rankings
| Overall | 53rd percentile | 1641 of 3549 |
| Sector | 48th percentile | 221 of 433 in Healthcare |
| Industry | 41st percentile | 10 of 17 in Drug Manufacturers - Major |
GSK Altman Z-Score Range, Past 5 Years
| Minimum | 2.360 | Mar 2011 |
| Maximum | 4.744 | Jun 2007 |
| Average | 3.064 |
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 GSK related companies
GSK News
about 6 hours ago by mitrado
about 8 hours ago by abubnic
May 29, 3:20PM Street Insider
about 7 days ago by OysterX
May 23, 8:37AM Benzinga
May 22, 8:42AM Street Insider
May 21, 7:03AM Street Insider
May 17, 1:17PM Street Insider
about 13 days ago by OysterX
about 13 days ago by TradeBot
May 17, 7:06AM Street Insider
about 13 days ago by abubnic
about 13 days ago by abubnic
about 14 days ago by laughing_stock
about 14 days ago by Glopolon
May 14, 3:58PM Street Insider
about 18 days ago by Glopolon
about 21 days ago by JasonMilano8
about 21 days ago by STNet
about 21 days ago by OysterX
about 21 days ago by JasonMilano8
about 21 days ago by Glopolon
about 22 days ago by abubnic
about 23 days ago by Glopolon
about 25 days ago by Glopolon
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| GSK | 44.38 | +0.10 | +0.23% | 111.75B |
| GSIT | 4.18 | -0.02 | -0.48% | 120.25M |
| GSIG | 11.98 | +0.13 | +1.10% | 397.09M |
| GSI | 0.9874 | +0.12 | +13.48% | |
| GSH | 16.41 | +0.11 | +0.67% | 2.314B |
| GSB | 2.06 | -0.09 | -4.19% | 39.15M |
| GSAT | 0.391 | -0.01 | -3.43% | 120.61M |
| GS | 97.82 | +1.12 | +1.16% | 47.86B |
| GRZ | 3.40 | +0.11 | +3.34% | 195.89M |
| GRX | 8.14 | +0.04 | +0.49% |